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Scrat [10]
3 years ago
5

A depositor places $10,000 in cash in a commercial bank, where the required reserve ratio is 10 percent. The bank sends the $10,

000 to its Reserve. As a result, the actual reserves (R), required reserves (RR) , and excess reserves (ER) of the bank have been increased by ___________.
a. $10,000, $9,000, and $1,000, respectively.
b. $10,000, $500, and $4,500, respectively.
c. $10,000, $1,000, and $9,000, respectively.
d. $1,000, $10,000, and $9,000, respectively
Business
1 answer:
garik1379 [7]3 years ago
7 0

Answer:

C) $10,000, $1,000, and $9,000, respectively.

  • actual reserves increase by $10,000
  • required reserves increase by $1,000
  • excess reserves increase by $9,000

Explanation:

the money deposited by the client = $10,000

bank's reserve ratio is 10% = $10,000 x 10% = $1,000

since the bank kept the whole $10,000 as reserves, then:

  • actual reserves increase by $10,000
  • required reserves increase by $1,000
  • excess reserves increase by $9,000

The bank is only required to keep $1,000 in reserves, this means it can borrow the remaining $9,000 whenever they want.

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Upper management of a clothing store in the mall has decided that a good way to motivate employees is to consult with them about
sergey [27]

Answer:

Consider the following analysis.

Explanation:

The manager's assumption is that the employee work only for their own benefits and they need immediate punishment for poor work, intermediation, and minute-level supervision. This proves that he uses Theory X.

The upper management, on the other hand, is trying to initiate consultation with the employees before bringing out any improvement plan in the business process. This type of management style implicitly assumes that the employees are motivated and self-directed. This is Theory Y.

So, the first option should be correct.

Equity theory is something not contextual here. Equity theory works on the reduction of perceived inequality in the input and output of the employees as a means of motivation.

3 0
3 years ago
Which of the following is the number one method of financing for most new businesses?
Sergeeva-Olga [200]
Previous business sales
8 0
3 years ago
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Listed below in alphabetical order are the balance sheet items of Nolan Company at December 31, 2022
Alex Ar [27]

Answer and Explanation:

The preparation of the balance sheet is presented below:

Assets

cash  $11,000

account receivable $15,000

equipment $10,000

buidlings $65,000

land $31,000

Total assets $132,000

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5 0
3 years ago
Blackberry syrup can be sold for $2.90 per​ unit, or it can be processed further into a specialty blackberry juice and then sold
Maksim231197 [3]

Answer:

The operating income would increase by $2.54 for each unit sold

Explanation:

If the blackberry syrup is further processed into the specialty blackberry juice, an extra income of $2.54 ($5.40 - $2.90 = $2.54) would be made on each unit sold

4 0
3 years ago
Job HE-65 at Wilson Manufacturing Inc. required $300 of direct materials and 15 direct labor hours at $10 per hour. The company’
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Answer:

Job HE-65  total cost 900 dollars

Explanation:

predeterminated overhead rate:

expected cost / expected driver

900,000 / 30,000 = $30

Each labor hour generates $30 dollars of overhead according to our expectation

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labor 15 hours x $10 = 150

and overhead 15 hours x $30 each = 450

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3 0
3 years ago
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