The value of the reserve ratio is 0.25.
The formula is:
Reserve ratio = new cash deposit / total deposits
= 250000/1000000
= 0.25
Reserve ratio requirements are set by a country's central bank, such as the Federal Reserve in the case of the United States. The bank calculation is obtained by dividing the cash reserves held at the central bank by the bank deposits, expressed as a percentage.
The maximum amount that demand deposits can be extended is given by the formula: ADD = AER/r. ADD is the demand deposit extension, AER is the banking system's excess reserves, and r is the required reserve ratio. Therefore, the maximum amount a demand deposit can grow is $30 million ($3/$0.10).
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Answer: manufacturing
Explanation:
In an enterprise resource planning (ERP) system, the manufacturing component provides information on production costs and pricing.
Enterprise Resource Planning is the gathering and organization of business data by using an integrated software suite.
It should be noted that ERP software typically contains applications that helps in automating certain business functions such as sales quoting, production, accounting etc
According to analyzes by the Bureau of Labor Statistics, there will be expansion of complex goods and services, which require greater education in their production and marketing. Thus, these services tend to cater to those people who have the resources to pay for it. This means that the rapid expansion of services expected over the next five years will focus on the richest. Healthcare, education and leisure firms will tend to produce more personalized services to increase their profitability. This is basically the market logic of the economy.
Answer:Email helps with a lot of things , emails can help companies keep track of things such as documentary , reciepts,checks and more.
Explanation:
