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3 years ago

PLEASE HELP! WILL MARK BRAINLIEST!! 10 POINTS

Business

1 answer:

blagie [28]3 years ago

5 0

Answer: a)$18,000 and b)$200,000

Explanation:

a) Deposit = $20,000

Reserve=10%

=10%x20,000 =$2,000

Loan - Deposit = 20,000-2,000 = 18,000

b) 1/Req. Rate Return* loan amount

20,000/10% =$200,000

This encourages spending so there is a shift up and to the right.

As the government increases spending, demand for loans increases and therefore increases the interest rates.

I welcome Brainliest thanks.

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You have an outstanding balance on your credit card of $10,000. You can pay off the balance if you make 36 monthly payments of $

iVinArrow [24]

Answer:

Our answer is attached below

Explanation:

7 0

3 years ago

Melissa invests $37,000 today in a savings account that pays 4 percent interest compounded annually. She wants to know the total

yulyashka [42]

Answer:

c. N = 7, I/Y = 4, PV = 37,000

Explanation:

In financial Calculator the following key wii be pressed to calculate the the balance of the account (Future value)

For the number of year enter N = 7

Interest per year enter I/Y = 4

For present value enter PV = 37,000

This will calculate Malissa's account balance after 7 years which is $48,689.

So the correct answer is c. N = 7, I/Y = 4, PV = 37,000.

6 0

3 years ago

If an economy is producing efficiently, then A. there is no way to produce more of one good without producing less of another go

lys-0071 [83]

Answer:

the correct answer is A. There is no way to produce more of one good without producing less of another good.

Explanation:

In Economy, there is two principal variables, the goods and the resources to produce that goods. The term Efficient means the best way to produce one o more goods using less resources, it means that in teory, more resources you use, more goods you produce, but the resources are limited and they are distributed proportionally to produce in the most efficient way all the goods in an economy. So in order to produce more from one good, is necessary to take resources out from another productions, and doing so, the production of the second good will be diminished.

6 0

4 years ago

Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided in

MrRissso [65]

Answer and Explanation:

The Preparation of service revenue is prepared below:-

For Quarter 1

Billable Hours Billable rate Total

Auditing 2,450 84 205,800

Tax 3,130 94 294,220

Consulting 1,640 105 172,200

Total 672,220

For Quarter 2

Billable Hours Billable rate Total

Auditing 1,840 84 154,560

Tax 2,650 94 249,100

Consulting 1,640 105 172,200

Total 575,860

For Quarter 3

Billable Hours Billable rate Total

Auditing 2,330 84 195,720

Tax 2,300 94 216,200

Consulting 1,640 105 172,200

Total 584,120

For Quarter 4

Billable Hours Billable rate Total

Auditing 2,710 84 227,640

Tax 2,800 94 263,200

Consulting 1,640 105 172,200

Total 663,040

Now the total revenue is

= $575,860 + $584,120 + $663,040

= $1,823,020

5 0

4 years ago

Margie opened a used bookstore and is both the 100 percent owner and the store's manager. Which type of business entity does Mar

Ierofanga [76]

Full question:

Margie opened a used bookstore and is both the 100 percent owner and the store's manager. Which type of business entity does Margie own if she is personally liable for all the store's debts?

A. sole proprietorship

B. limited partnership

C. corporation

D. joint stock company

E. general partnership

Answer:

sole proprietorship type of business entity Margie own if she is personally liable for all the store's debts.

Explanation:

The sole proprietorship is not a lawful thing. It solely applies to a character who holds the firm and is individually answerable for its shares. They can operate subsequently the title of its master or it can run the company under a counterfeit name.

They are the most obvious design of business to build or practice alone, due to a lack of management law. As such, these kinds of businesses are extremely familiar among individual masters of companies, personal self-contractors, and counselors.

Here she is going to be owner and manager so she can choose sole proprietorship where no government formalities are there and she can be answerable to her is sufficient.

6 0

4 years ago