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3 years ago

Should banks have to hold 100% of their deposits? Why or why not?

Business

1 answer:

fomenos3 years ago

8 0

Answer:

No, they dont have to hold the 100%.

Explanation:

Because banks use the money deposited to make loans to other clients. By general rule the Commercial Banks are required to keep only the 10% of each deposit made in an account.

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Spending by which sector is the largest single component of spending in the u.s. economy?

telo118 [61]

The sectors are international, household, business, and government. The largest spending is consumption spending. That being said the answer would be household.

3 0

3 years ago

EZ Rental Car offers rental cars in an off-airport location near a major tourist destination in Florida Management would like to

trapecia [35]

Answer:

I used an excel spreadsheet to calculate this:

the least squares regression line:

y = a + bx

y = $2,937 + 3.96x

where y = total cash wash costs and x = rental returns

fixed costs = $2,937 per month

variable cost = $3.96 per car washed

Download pdf

8 0

3 years ago

Table 13-14 quantity of output fixed cost variable cost total cost average fixed cost average variable cost average total cost m

earnstyle [38]

I found the correct table and copied its form in an excel file. I also inputted my answers there.

Fixed cost is a fixed amount regardless of the number of units created.
Variable cost is the amount that is directly related to the number of units. As the number of units produced increases, so does the variable cost.

These are the formulas I used in the table I made.
Total Cost = Fixed Cost + Variable Cost
Fixed Cost = Total Cost - Variable Cost
Variable Cost = Total Cost - Fixed Cost

Average Fixed Cost = Fixed Cost / Quantity output
Average Variable Cost = Variable Cost / Quantity output
Average Total Cost = Total Cost / Quantity output OR Ave. Fixed Cost + Ave. Variable Cost.

Marginal Cost = Change in Total Cost / Change in Quantity output

6 0

3 years ago

Aclient who has been training at high intensities in preparation for a triathlon reports joint pain, excess fatigue, and the ina

PSYCHO15rus [73]

My answer is exhaustion

3 0

3 years ago

Alatorre purchased a patent from Vania Co. for $1,000,000 on January 1, 2018. The patent is being amortized over its remaining l

iris [78.8K]

Answer:

$600,000

Explanation:

Patent is an intangible non current asset that may be amortized over the estimated useful life.

Given that Alatorre purchased a patent from Vania Co. for $1,000,000 on January 1, 2018 and the patent had a remaining legal life of 10 years, expiring on January 1, 2028

Annual amortization expense = $1,000,000/10 = $100,000

During 2020 ( the patent would have been amortized for 2 years), the accumulated amortization

= 2 × $100,000

= $200,000

The net book value then

= $1,000,000 - $200,000

= $800,000

If the economic benefits of the patent would not last longer than 6 years from the date of acquisition, it means it has a remaining useful life of 4 year from 2020.

Amortization for 2020 = $800,000/4 = $200,000

The amount of the patent net of net of accumulated amortization, at December 31, 2020

= $800,000 - $200,000

= $600,000

8 0

3 years ago