1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mr Goodwill [35]
2 years ago
9

Suppose that a bank has ​$80 in checkable​ deposits, reserves of ​$15 ​, and a reserve requirement of​ 10%. Also assume that the

the bank suffers a ​$6 deposit outflow. If the bank chooses to borrow from the Fed to meet its reserve​ requirement, then the bank would need to borrow ​$nothing . ​(Round your response to the nearest two decimal​ place.)
Business
1 answer:
vazorg [7]2 years ago
8 0

Answer: See explanation

Explanation:

Based on the information given in the question, the amount of borrowing that's required will be:

= [ rr * ( D - O)] - (R-O)

where,

rr = reserve requirement = 10% = 0.1

D = checkable deposits = $80

R = reserves = $15

O = deposits outflow = $6

= [ 0.10 × ($80 - $6)] - ($15 - $6)

= [ 0.10 × $74 ] - $9

= $7.4 - $9

= -$1.60

You might be interested in
O ciclo operacional é a base para se calcular o ciclo financeiro que corresponde ao intervalo de tempo entre os eventos financei
frozen [14]

Answer:

d) 15 dias

Explanation:

O Ciclo Financeiro, ou Ciclo de Caixa, é o tempo entre a saída de pagamentos (no caso fornecedores) e a entrada de recebimentos (vendas por exemplo).

Digamos que estamos em janeiro, começando o ano. A empresa em questão compra sua matéria prima no dia 1 com prazo de pagamento de 15 (pagar dia 15 de janeiro).

A empresa leva 10 dias para fabricar o produto final, o vendendo no dia 10 de janeiro. Ela vende, porém, recebendo somente 20 dias depois, dia 30 de janeiro.

Ela tem que pagar o fornecedor dia 15 de janeiro e recebe pela venda 30 de janeiro.  

Assim, a empresa tem 15 dias entre ter que pagar pela matéria prima e receber pela venda do produto proveniente da mesma, constituindo assim o ciclo financeiro de 15 dias.  

7 0
3 years ago
Drury corporation needs to raise $ 2 comma 300 comma 000. the corporation plans on selling 100 comma 000 shares of $ 23 par valu
ad-work [718]

Net Income before Sale of Shares........................................................$1800000

Additional Income due to sale of shares.............................................$400000

Total Net Income........................................................................................$2200000

Income [email protected]%.........................................................................................($660000)

Net Income After Tax..................................................................................1540000

Total No of Shares.........................................................................................260000

Earning Per Share(Net Income After Tax/No of Shares)......................$5.92

8 0
3 years ago
A manufacturing company has a beginning finished goods inventory of $15,400, raw material purchases of $18,800, cost of goods ma
cupoosta [38]

Answer:

$30,900

Explanation:

The beginning finished goods is $15,400

Raw materials purchased is $18,800

The cost of goods manufactured is $34,100

Ending finished goods is $18,600

Therefore the cost of gods can be calculated as follows

= 15,400+34,100-18,600

= 49,500-18,600

= 30,900

Hence the cost of goods sold by the company is $30,900

8 0
3 years ago
What are the rules of a male and a female at home?​
ad-work [718]

Answer:

male is the protector female is a light for their house male is the foundation of there house they provide everything thats a male work female helping dou house hold things comport there husband understand.

4 0
3 years ago
Read 2 more answers
A couple has decided to increase their income from investments for when they retire in twenty years. Which is the best way they
algol13

Answer:

to enroll in a 401k and investing in the stock market.

Explanation:

According to my research on investment strategies, I can say that based on the information provided within the question their best options to accomplish their goal would be to enroll in a 401k and investing in the stock market. The 401K is a retirement fund that grows over years and the stock market also provides a decent ROI for your money, especially stocks like the S&P 500 which are the safest options and grow steadily over years.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Read 2 more answers
Other questions:
  • A generic brand of pre-packaged foods would best be marketed to which target market?
    15·2 answers
  • A broker enters into an Exclusive Right-to-Buy contract with a purchaser. The purchaser finds a satisfactory property and makes
    14·1 answer
  • Which choice best describes differences in corporate decision-making
    10·1 answer
  • Suppose that during the past year, the price of a laptop computer rose from $2,750 to $2,880. During the same time period, consu
    12·1 answer
  • Which of these makes this a true statement? When determining the appropriate weights used in calculating a WACC, it should refle
    8·1 answer
  • Raul, an engineer with a leading manufacturer, pointed out a few things have contributed to his motivation. First, top managers
    5·1 answer
  • After hearing a knock at your front door, you are surprised to see the Prize Patrol from your state’s online lottery agency. Upo
    9·1 answer
  • _________ forecasting method is well suited to situations in which sales forecasts are needed for a large number of products.
    7·1 answer
  • .................. people lack enthusiasm.
    12·1 answer
  • The top five cities where venture capitalists are investing their money represent 10% of the global total.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!