The correct option is C). banks do not influence the supply of money.
<h3>What is 100-percent-reserve banking?</h3>
100-percent-reserve banking, is a system of banking, in which banks only lend from time deposits instead of lending demand deposits.
In a system with 100 percent reserve banking, banks cannot make the loans and do not influence the supply of the money.
This system is also known as full-reserve banking.
Learn more about the 100-percent-reserve banking here:-
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A = Pe^(rt)
<span>A = 5e^(0.02)(8) = 5.87 billion </span>
Answer:
see calculation and working below
Explanation:
operating activities section
Net income $ 8,500
Adjust for changes in non- cash items :
Amortization expense $1,500
Adjust for changes in working capital :
Prepaid expenses increase ($ 3,000)
Inventory increase ($500)
Accounts payable decrease ($1,000)
Net Cash Provided by Operating Activities $5,500
Answer:
the organization agrees to pay the contractor for the cost of performing the service or providing the goods plus a profit.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, cost reimbursable contract, etc.
In a cost reimbursable contract, the organization, which is the client agrees to pay the contractor for the cost of performing the service or providing the goods plus a profit.
This ultimately implies that, a client such as a business organization that enters into a cost reimbursable contract with another party such as a contractor, agrees to pay the contractor an agreed amount of money upon the completion or execution of the contract.
