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nalin [4]
3 years ago
9

If the reserve requirement is 20 percent and Acme Laundromat deposits $10,000 cash in the banking system, the total change in th

e money supply after all rounds of lending are completed is ________. g
Business
1 answer:
NISA [10]3 years ago
6 0

Answer:

Bank to loan = $8,000

Explanation:

Given:

Amount bank had = $10,000

Reserve requirement = 20%

Find:

Change in money supply

Computation:

Bank to loan = $10,000 (100% - 20%)

Bank to loan = $10,000 (80%)

Bank to loan = $8,000

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Jpmorgan chase operates outside of the united states explain how it competes and its strategy in one specifi country?
Svetradugi [14.3K]

In Brazil, Chase's strategy is to focus on providing competitive online solutions, moving away from physical banks.  

7 0
3 years ago
Can someone please help with one? I will mark brainlest!!!
Zina [86]

Answer:

1.) Data Integrity 2.) Non-merchant E-commerce company (I think)

Explanation:

Data quality is referred to as “data integrity.” It is maintaining and assuring the accuracy and consistency of data over its entire life-cycle. Data integrity means that the data is accurate and reliable.

I would say Non-Merchant b/c its sounds more like an Ebay then Amazon

3 0
3 years ago
Divine Apparel has 3,900 shares of common stock outstanding. On October 1, the company declares a $0.50 per share dividend to st
Afina-wow [57]

Answer:

1. October 1

Dividends (Cr)      1950

Dividend Payable (Dt)        1950

2. October 15

No journal entry required

3. Record the payment of cash dividends

Dividend Payable (Cr)  1950

Cash  (Dt)   1950

Explanation:

(<em>3,900 shares of common stock outstanding</em>) *(<em>declared  $0.50 per share dividend</em>) = 1950

3 0
3 years ago
On July 1, 2011, Hale Kennels sells equipment for $66,000. The equipment was originally purchased on July 1, 2007 at a cost $180
topjm [15]

Answer:

Accumulated Depreciation As of December 31, 2010  = $105,000

Explanation:

<em>Under the straight line method of depreciation, the cost of an asset less the salvage value is spread equally over the expected useful life.</em>

<em>Annual depreciation:</em>

= (cost of assets - salvage value)/ 5 years

= (180,000 -30,000)/5

=.$30,000

<em>From July 1 2007  to December 31 2010 = 3 years 6 months = 42 months</em>

So total accumulated depreciation at the end of 3 years 6 months :

=  ( 30,000/12) ×  42

= $105,000

Accumulated Depreciation As of December 31, 2010 = = $105,000

4 0
4 years ago
If you have serious concerns about the qualifications of a job candidate who has asked you for a written recommendation, you sho
Ad libitum [116K]

Answer:

elect not to write the recommendation.

Explanation:

A job recommendation is a way of vouching for a person's behaviour, honesty, and qualifications to perform a job.

On important step before giving recommendations is to think carefully if you know and trust the person sufficiently to vouch for him.

If a recommendation is written about person and he fails to perform well, the person that wrote the recommendation will lose credibility and his career may be adversely affected.

In this instance since there are serious concerns about the qualifications of a job candidate who has asked you for a written recommendation, elect not to write the recommendation

3 0
3 years ago
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