Answer:
C) 92 percent of its deposits.
Explanation:
Since, the reserve ratio represents the portion of deposit that a commercial bank must hold onto, rather than lend out or invest.
i.e. if reserve ratio = a%,
Then the percentage of amount that bank can land out = (100-a)%,
Here,
Reserve ratio = 0.08 = 8%,
Thus, the percentage of amount that bank can land out = (100-8)% = 92%.
i.e. bank can land 92 percent of its deposits.
Answer:
$9,435
Explanation:
If 100% of $10,000 face value gives the bond for $9,250
Then for 2% rise, that is, 102% of the bond will purchase = 102 X $9.250/100 = $9,435
∴ The approximate price of bond purchased = $9,435
Answer:
I think that it was kind of funny but also like not really funny
Answer:
The net cash provided (used) by operating activities for the period is $105,600
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $67,100
Adjustment made:
Add : Depreciation and amortization expense $36,000
Add: Decrease in accounts receivable $19,500
Less: Increase in inventory -$10,800
Less: Decrease in accounts payable -$6,200
Total of Adjustments $38,500
Net Cash flow from Operating activities $105,600
Answer:
contribution would be the answer :)
Explanation:
