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Ronch [10]
2 years ago
14

ABC Bank has $210,000 of checkable deposits. If the Federal Reserve has a reserve requirement of 4 percent, what is the required

reserves
Business
1 answer:
Andru [333]2 years ago
5 0

Answer:

the required reserve is $8,400

Explanation:

The computation of the required reserve is shown below;

Required reserves is

= reserve requirement × Checkable deposits

= 4% × $210,000

= $8,400

By mutiplying the reserve requirement with the checkable deposit we can determine the required reserve

hence, the required reserve is $8,400

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The manager believes that an employee should be able to wrap a present within 30 minutes. The employee wraps 1 present every 25
Andreas93 [3]

Answer: 140%

Explanation:

Efficiency refers to how productive a person is in regards to how production they should be.

Formula is:

= Standard time / Actual time * 100%

= 35/25 * 100%

= 140%

3 0
3 years ago
Unrealized holding gains or losses which are recognized in income are from debt securities classified as
Serga [27]

Answer:

Trading.

Explanation:

In Business management, when a gain or loss is realized, it simply means that the owner of stock or other securities has sold it. Thus, these unrealized gains or losses are generally referred to as paper profits or losses.

Basically, when the value of a stock being bought by an investor reduces (falls) while he or she is yet to sell it, it is known as an unrealized loss.

However, when the value of a stock being bought by an investor rises (increases) while he or she is yet to sell it, it is known as an unrealized gains.

Hence, unrealized holding gains or losses which are recognized in income are from debt securities classified as trading.

3 0
3 years ago
What is a foreign exchange rate?
ziro4ka [17]
Difference between the Us Dollar. 1 US dollar is .86 Euro
7 0
3 years ago
Read 2 more answers
You are holding a stock that has a beta of 1.85 and is currently in equilibrium. The required return on the stock is 28.95%, and
Karo-lina-s [1.5K]

Answer: 41.90%

Explanation:

First calculate the risk free rate:

Required return = risk free rate + beta * (Market return - risk free rate)

28.95% = rf + 1.85 * (18% - rf)

28.95% = rf + 33.3% - 1.85rf

28.95% = -0.85rf + 33.3%

0.85rf = 33.3% - 28.95%

rf = 4.35%/0.85

rf = 5.12%

New required return;

Required return = risk free rate + beta * (Market return - risk free rate)

= 5.12% + 1.85 * (25% - 5.12%)

= 41.90%

3 0
3 years ago
A manager is trying to decide whether to purchase a certain part or to have it produced internally. Internal production could us
Sergio [31]

Answer:

For both 10,000 units and 20,000 units, the best alternative is Vendor B

Explanation:

Using the information provided in the question, we can write the following:

Annual Volume of 10,000 units

Internal Alternative 1

Variable costs = 170,000 (we multiply the variable cost per unit by total units)

Fixed costs = 20,000

Total costs = 370,000

Internal Alternative 2

Variable costs = 140,000

Fixed costs = 240,000

Total costs = 380,000

Vendor A

Total cost = 200,000 (we simply multiply the price by the quantity)

Vendor B

Total cost = 180,000

Vendor C

Total cost = 190,000

The cheapest option is Vendor B

Now for the 20,000 units:

Internal Alternative 1

Variable costs = 340,000

Fixed costs = 200,000

Total costs = 540,000

Internal Alternative 2

Variable costs = 280,000

Fixed costs = 240,000

Total costs = 520,000

Vendor A

Total cost = 400,000

Vendor B

Total cost = 360,000

Vendor C

Total cost = 380,000

Therefore, Vendor B is once again, the cheapest alternative.

5 0
3 years ago
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