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Misha Larkins [42]
3 years ago
11

Which of the following accurately describes the requirements banks must meet under a fractional reserve banking system? A. Banks

must pay a specific fraction of their assets in taxes. B. Banks must get government approval for all loans. C. Banks must keep a specific percentage of deposits on hand. D. Banks reserve the right to raise interest rates at any time.
Business
1 answer:
ikadub [295]3 years ago
5 0

Answer:A,B,E,F

Explanation:

Just took the test

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Sheridan Company has recently tried to improve its analysis for its manufacturing process. Units started into production equaled
klemol [59]

Answer: $3.40

Explanation:

Based on the information given in the question, the materials cost per unit will be calculated thus:

First, we'll calculate the completed units which will be:

= 18500 - 1400

= 17100

Ending inventory = 1400 units

Equivalent Production Unit with respect to Material = (17100 x 100%) + (1400 x 100%)

= 18500 Units

Material Cost Per Unit will be:

= Total Material Cost / Equivalent Production Unit

= $62900 / 18500

= $3.40 per unit

The material cost per unit is $3.40

7 0
2 years ago
You are a business loan has a variable interest rate next month the annual rate will jump from 6.3% to 7.8%. Your balance is 1,6
sweet [91]

Answer: $‭2,025‬

Explanation:

Your monthly payment based on the rate of 6.3% per annum is:

= (6.3% * 1,620,000 ) / 12 months

= 102,060‬ / 12

= $‭8,505‬

Now that the rate has gone up to 7.8% per annum, the payment is:

=  (7.8% * 1,620,000 ) / 12 months

= ‭126,360‬ / 12

= $‭10,530‬

Payment went up by:

= ‭10,530‬ - 8,505

= $‭2,025‬

3 0
2 years ago
Crane Company had the following account balances:
aivan3 [116]

Answer:

The correct answer is $479,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the total revenue by using following formula:

Total revenue = Net sale + Dividend revenue  + Rent revenue

Where, Net sales = Sales revenue - Sales return

= $445,000 - $34,000 = $411,000

By putting the value in the formula, we get

Total revenue = $411,000 + $10,500 + $58,000

= $479,500

4 0
3 years ago
Who is primarily responsible for determining the market value of the home you want to buy?
andreev551 [17]

Answer:

there is no "individual" person or a central authority that dictates the market value of a home, instead, it is influenced by several market conditions and factors such as,

External characteristics: home condition, lot size, popularity of an architectural style, water or sewage systems, sidewalk, paved road and so on.

Internal characteristics: size and number of rooms, construction quality, appliance condition, heating type, energy efficiency and so on.  

Supply and demand

Location

Explanation:

6 0
3 years ago
You are working as a communication specialist for BMW which is releasing a new luxury car in March 2021. BMW have already carrie
Ray Of Light [21]

Answer:

Here is the answer!

Explanation:

You are working as a communication specialist for BMW which is releasing a new luxury car in March 2021. BMW have already carried out a market survey and have already determined the price of the product and the targeted audience.

You are working as a communication specialist for BMW which is releasing a new luxury car in March 2021. BMW have already carried out a market survey and have already determined the price of the product and the targeted audience. Now that your company have to start a sale campaign, you have been asked to elaborate with your team the communication strategy for conducting this campaign during spring and summer (From March to August). Write your strategy in almost five pages

8 0
3 years ago
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