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Tanzania [10]
3 years ago
13

If a bank receives a new transaction deposit of $100,000 and the reserve ratio is 20 percent, then the bank could expand its loa

ns by as much as $80,000. $400,000. $20,000. $100,000.
Business
2 answers:
snow_tiger [21]3 years ago
8 0

Answer:

B. $400,000

Explanation:

Recall that,

Max change in loans = the initial change in excess reserve × the money multiplier

Where

Initial change in excess reserve = (1 - 2%) × 100 = 80,000

Money multiplier = 1/2% = 5

Thus

Change in max loans = 80,000 × 5

= $400,000

deff fn [24]3 years ago
7 0

Answer: $80,000

Explanation: The reserve ratio is the percentage of deposits a bank is to leave in its reserve account. From the question above, the total deposits is $100,000 and the reserve ratio is 20%. The reserve amount is $20,000(100,000*0.2) while the bank can loan out $80,000 balance of the $100,000 deposit.

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3 years ago
What are sales transactions posted to the accounts receivable subsidiary ledger? Why?
Eduardwww [97]

Answer: Transactions and Payment History.

Explanation:

The general ledger records the transactions and payment history of each customer to whom the business provides credit. The balance in each client account is periodically adjusted to the stability of accounts receivable in the general ledger, to ensure accuracy. It also provides details of these sales, showing dates and account numbers, credit, payments made against credit sales, discounts and refunds and fees.

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3 years ago
The selling price per unit less the variable cost per unit is the ________.
OlgaM077 [116]

The selling price per unit less the variable cost per unit is the contribution margin per unit.

<h3>What is the contribution margin per unit.?</h3>

This is the term that is used to refer to the selling price that was used for the sale of a particular good minus the variable cost that was employed in the production of that particular good. It is the contribution that is made towards the payment of the fixed costs.

Hence we can say that The selling price per unit less the variable cost per unit is the contribution margin per unit.

Read more on contribution margin per unit here: brainly.com/question/13528647

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6 0
1 year ago
While working on a printer, you spill a cleaning solution that was sitting on the floor next to the printer stand. What step sho
aleksandrvk [35]

Answer: Check the MSDS for the liquid and follow the instructions.

Explanation:

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3 years ago
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Answer:

its a pretty reliable stock, depends if youre going for long term or short term. It could earn you in the long term, but short term isnt really going to make you hundreds. Tesla is a good bet

Explanation:

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