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monitta
2 years ago
7

If a bank holds $450,000 in required reserves, and $1.8 million in total deposits, then the deposit expansion multiplier is:____

__.
a. 0.25
b. 2
c. 4
d. 5
e. 10
Business
1 answer:
timofeeve [1]2 years ago
7 0

Answer:

4

Explanation:

A bank holds 450,000 in required reserves

The bank also hold 1,800,000 in total deposits

Therefore the deposits expansion multiplier can be calculated as follows

= 1,800,000/450,000

= 4

Hence the deposits expansion multiplier is 4

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Answer:

15.79%

Explanation:

The computation of the return on investment is shown below:

Return on investment  = Operating Income ÷  New operating asset base

where,

Operating income is $60,000

And, the new operating asset is

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= $380,000

So, the return on investment is

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= 15.79%

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Answer:

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3 years ago
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3 years ago
Rising peanut prices have forced peanut butter makers to raise the price of a jar of peanut butter from $2 to $3 per jar, causin
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Answer:

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Explanation:

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E = \frac{15\%}{40\%}*100\%\\E=37.5\%

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7 0
3 years ago
Tim's Tools just issued a dividend of $2.22 per share on its common stock. The company is expected to maintain a constant 2.8 pe
LekaFEV [45]

Answer:

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Explanation:

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4 0
3 years ago
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