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3 years ago

The following table shows a simplified consolidated balance sheet for the entire

Business

1 answer:

denis-greek [22]3 years ago

3 0

Answer:

Kindly check explanation

Explanation:

Excess reserve = (Actual reserve - required reserve)

Required reserve = reserve ratio × Checkable deposit

Required reserve = 0.25 × $400 billion

Required reserve = $100 billion

Excess reserve = $96 - $100 = - $4billion

B) money multiplier = 1/ required reserve ratio

1/0.25 = 4

Maxumum amount that can be Lent = 4 × 4 = $16 million

If reserve ratio = 15%

Required reserve = 0.15 × $400 billion = $60 billion

Excess reserve = $96 - $60 = $36 billion

Monetary multiplier = 1/ 0.15 = 6.667

Maximum amount of loan = 6.667 × 36 = $240 billion

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4 years ago

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4 years ago

Kulka Corporation manufactures two products: Product F82D and Product T05P. The company uses a plantwide overhead rate based on

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Answer:

b. $303,000

Explanation:

The activity rate

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$=\frac{180000}{9000}$

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2. Machine set up = $\frac{\text{total cost}}{\text{total activity}}$

$=\frac{125000}{250}$

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3. Product design = $\frac{\text{total cost}}{\text{total activity}}$

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4. Order size = $\frac{\text{total cost}}{\text{total activity}}$

$=\frac{260000}{10000}$

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1. Machining = $\text{machine hours} \times \text{activity rate}$

= 4000 x 20

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2. Machine set ups = $\text{no. of set ups} \times \text{activity rate}$

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= $ 45,000

3. Product design = $\text{no. of products} \times \text{activity rate}$

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4. Order size = $\text{direct labor hours} \times \text{activity rate}$

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3 years ago

Over the last week, you had 50 customers who bought a total of 40 hotdogs at $2.00, 10 grilled cheeses at $4.00, and 5 cheesebur

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$3.20

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of grilled cheese 10* $5 = $50

of cheeseburgers 5 * $6 = $30

Total sales $160/50 customer = $3.20/per customer

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3 years ago