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2 years ago

Write ___ on this section of the check.

Business

1 answer:

natka813 [3]2 years ago

7 0

Answer: Your signature

Explanation:

A check, is a document which orders that the bank should pay a certain amount to an individual or firm from the account of the person whom is known as the drawer.

The highlighted portion in the check is where the signature will get written. The amount of the check in numbers is written at the right topmost corner. Without the signature of the drawer, the money will not be paid out.

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If a bank holds $450,000 in required reserves, and $1.8 million in total deposits, then the deposit expansion multiplier is:____

timofeeve [1]

Answer:

Explanation:

A bank holds 450,000 in required reserves

The bank also hold 1,800,000 in total deposits

Therefore the deposits expansion multiplier can be calculated as follows

= 1,800,000/450,000

= 4

Hence the deposits expansion multiplier is 4

7 0

2 years ago

Demand-pull inflation is caused by: An increase in aggregate supply. An increase in resource costs as an economy's production ca

frosja888 [35]

Answer:

Excessive aggregate demand in relation to an economy's production capacity.

Explanation:

The demand and the pull is the upward movement in the prices that follows a shortage in supply. As per the economists, they describe it as the too many dollars that are followed by too few goods.

Thus when the combined demand in the economy strongly is outweighed by the combined supply and thus the prices tend to go up. Hence the excessive increase of the demands pulls up the production capacity.

5 0

3 years ago

The current highest interest rate on a savings account is 1.85%. the current rate of inflation is 1.9%. what is the real dollar

adoni [48]

Answer: 0.51

Explanation:

Nominal rate = 1.85%

Inflation rate = 1.90%

Real rate of return = (1 + nominal rate / 1 +inflation rate) - 1

Real rate of return = ((1 + 0.0185) / (1 + 0.019)) - 1

= (1.0185 / 1.019) - 1

= 0.9995 - 1 = - 0.0005

Therefore, the real dollar return I. $1,020 equals

0.0005 × 1020 = 0.51

3 0

3 years ago

How many cases of bankruptcy cases are provided for in the bankruptcy code

tia_tia [17]

There are six types of bankruptcy cases that are provided for in the bankruptcy code, They are:

Chapter 7, Chapter 9, Chapter 11, Chapter 12, Chapter 13, Chapter 15

In short, Your Answer would be Option B

Hope this helps!

4 0

3 years ago

Splish Brothers Inc. uses a perpetual inventory system. Data for product E2-D2 include the following purchases.

harkovskaia [24]

Answer:

Splish Brothers Inc.

Perpetual Inventory Schedule using moving average costs:

Date Description Number Average Cost Total Cost Cost

of Units Balance

May 7 Purchase 105 $7 $735 $735

June 1 Sales (55) $7 385 350

July 28 Purchase 63 $18 1,134 1,484

August 27 Sales (84) $13.1327 1,103 381

Explanation:

a) Data and Calculations:

Date Number of Units Unit Price Total Costs

May 7 Purchase 105 $7 $735

June 1 Sales (55) $7 385

July 28 Purchase 63 $18 1,134

August 27 Sales (84) $13.1327 1,103

Cost of goods sold = $1,488 ($385 + $1,103)

Ending inventory = $381

8 0

3 years ago