PLEASE HELP!!!!!

Suppose a commercial banking system has $240,000 of outstanding checkable deposits and actual reserves of $85,000. If the reserv

AleksAgata [21]

Answer:

$60,000

Explanation:

The computation of Money supply expand is shown below:-

Excess reserves = Actual - required

=$85,000 - (0.25 × $240,000)

=$85,000 - $60,000

= $15,000

Money supply expand = Excess reserves ÷ Reserve ratio percentage

= $15,000 ÷ 25%

= $60,000

Therefore for computing the money supply expand we simply deduct the reserve ratio percentage from excess reserves.

6 0

3 years ago

Midland Company buys tiles and prints different designs on them for souvenir and gift stores. It buys the tiles from a small com

taurus [48]

Answer:

January

purchases = 32,800 units

required cash to pay for purchases = $24,600

February

purchases = 8,900 units

required cash to pay for purchases = $6,675

March

purchases = 7,800 units

required cash to pay for purchases = $5,850

Explanation:

each tile costs $0.75, paid in cash, three month stock

28,000 tiles in stock

estimated sales:

January 13,300
February 18,700
March 13,700
April 15,100
May 8,900
June 7,800

January

beginning inventory January 28,000

estimated sales 13,300

desired ending inventory = sales for next three months = 18,700 + 13,700 + 15,100 = 47,500

purchases = 47,500 + 13,300 - 28,000 = 32,800

required cash to pay for purchases = 32,800 x $075 = $24,600

February

beginning inventory January 47,500

estimated sales 18,700

desired ending inventory = sales for next three months = 13,700 + 15,100 + 8,900 = 37,700

purchases = 37,700 + 18,700 - 47,500 = 8,900

required cash to pay for purchases = 8,900 x $075 = $6,675

March

beginning inventory January 37,700

estimated sales 13,700

desired ending inventory = sales for next three months = 15,100 + 8,900 + 7,800 = 31,800

purchases = 31,800 + 13,700 - 37,700 = 7,800

required cash to pay for purchases = 7,800 x $075 = $5,850

3 0

3 years ago

What is land as a factor of production?

marta [7]

Could be cause of trade , if you have land it is also good for crops which is production

3 0

4 years ago

On January 1, 2021, the Allegheny Corporation purchased equipment for $295,000. The estimated service life of the equipment is 1

svetlana [45]

Answer:

a.

2021 = $50,000

2022 = $45,000

b.

2021 = $275,000

2022 = $0

Explanation:

a. Sum-of-the-years'-digits.

Sum of digits for the 10 years will be :

Year 1 = 10

Year 2 = 9

Year 3 = 8

Year 4 = 7

Year 5 = 6

Year 6 = 5

Year 7 = 4

Year 8 = 3

Year 9 = 2

Year 10 = 1

Sum of Digits = 55

therefore,

2021 depreciation = 10/55 x ($295,000 - $20,000)

= $50,000

2022 depreciation = 9/55 x ($295,000 - $20,000)

= $45,000

b. One hundred fifty percent declining balance.

2021 depreciation = 150% x ($295,000 - $20,000)

= $412,500

Can not be charged above book value of $275,000

2022 depreciation = 150% x ($295,000 - $20,000- $412,500)

= $0

6 0

3 years ago

Which of these starbucks® coffees was the very first blend we released

spayn [35]

According to Starbucks, the starbucks® coffee that was the very first blend released is " a mix of excellent Latin American beans seared to a glistening, murky chestnut color."

These delicious Latin American beans are prepared with a combination flavor of toffee and cocoa.

Starbucks first prepared this variety in 1971 when the company commenced production in Seattle.

Starbucks is one of the most popular coffee producers in present-day America.

Hence, in this case, it is concluded that the starbucks® coffee that was the very first blend released is " a mix of delicious Latin American beans seared to a glistening, murky chestnut color."

Learn more here: brainly.com/question/20533939

8 0

3 years ago

Read 2 more answers