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alexdok [17]
3 years ago
8

Page 577 17.2. How do banks create money? Consider this hypothetical balance sheet for YooHoo Bank, in the fictional country of

Hellond. YooHoo Bank Assets (in thousands of U.S. dollars) Liabilities and owner's equity (in thousands of U.S. dollars) Government securities $1,700 Checking deposits $10,000 Required reserves $800 Owner's equity $1,500 Excess reserves $100 Loans $8,900 Total assets $11,500 Liabilities and net worth $11,500 Calculate YooHoo Bank’s required reserve ratio, as a percentage. Round to the nearest percent if necessary. Type an answer and press enter to submit%
Business
1 answer:
natali 33 [55]3 years ago
7 0

Answer:

8%

Explanation:

<em>Following is the require reserve ratio:</em>

Required reserve ratio = Reserves/ Deposits

Required reserve ratio = $800/$10,000 * 100

Required reserve ratio = 0.08 * 100

Required reserve ratio = 8%

So, the required reserve ratio for YooHoo Bank’s is 8%.

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In the context of the types of organizations that do business across national borders, the architecture of the global informatio
DaniilM [7]

Answer:

a. multinational

Explanation:

Analyzing the options given:

Multinational: A company that has a presence in more than one country and have a central management but tries to adapt its offering to the local market.

International: Refers to importers and exporters which don't have investments out of their home market.

Global: Companies that have a presence in many markets and they establish a single strategy to market the products in all the countries.

Transnational: Companies that are present in different markets that have a structure that is decentralized with bases and management in different place where it operates.

According to this, the structure that requires a higher level of standardization for global efficiency, and yet it must maintain local responsiveness is a multinational company because these organizations have a main office but they also adapt to each market.

6 0
4 years ago
​Nguyen's Sporting Goods is having difficulty obtaining the credit it needs to expand. What should the company do in order to al
WINSTONCH [101]

Answer:

Work out a plan with its financial intermediaries.

Explanation:

As mentioned in the question that Nguyen's Sporting Goods is having difficulty obtaining the credit, it needs to expand. The company should <u>work out a plan with its financial intermediaries</u>, in order to alleviate its financial situation. Because as we all know that a  financial intermediary is a financial institution as well. So the company has to create a plan with there financial institution.

8 0
3 years ago
Game Guys, Inc. needed a special silicon substrate. The company executives knew a new start-up in India, Silicon Sisters, Inc.,
Dmitriy789 [7]

Answer:

Countertrading

Explanation:

Countertrading refers to the exchange of goods and services between companies without the exchange of money. it can be described as a fancy, modern and large scale form of bartering.

In this case, Silicon Sisters (an Indian company) will exchange gaming hardware from Game Guys (an American company) in order to obtain metallurgical grade silicon from a Chinese company. Silicon Sisters will then sell silicon substrate to Game Guys in exchange for money and products.

8 0
3 years ago
Which of the five competitive forces is influencing a passenger train line, when a new automobile manufacturer causes a reductio
FromTheMoon [43]

Hi thank you for using brainly.com

<span>The answer to this question is “availability of substitutes“. The reduction in the number of people riding trains is due to the fact that a new substitute, automobile, is available in the market.</span> <span>
Hope that helps!</span>
4 0
3 years ago
A person who buys the right to use a business name and sell a product within a given territory is called
miskamm [114]
A. A franchise buys the rights to use a name and sell a product or service.
4 0
3 years ago
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