Answer:
The correct answer is B
Explanation:
Bank reserve is the minimum cash which is required to kept on hand through the financial institutions so that could meet the requirements of central bank.
Checkable deposits is a kind of any demand deposit account in anticipation of the checks or the drafts in any form which will be written. In short, it means that the owner of the account could withdraw funds on demand.
So, if the primary decrease in bank reserve will also decrease the checkable deposit as there would be no cash with bank to provide to customers by the amount that is greater than the decrease in the reserve.
Answer:
$127,400
Explanation:
Gross profit ratio = [(sale - cost) ÷ sale price] × 100
= [($5,000,000 - $3,700,000) ÷ $5,000,000] × 100
= 0.26 × 100
= 26%.
Gross profit on down payment is recognized in 2019:
= Down payment × Gross profit ratio
= $490,000 × 26%
= $127,400
For my retirement and my family future
A 16GB memory has the capacity to hold much more than an hour of high quality video. The quality of a video determines how much space it will occupies. An average top quality video can not be more than 3.6 GB in size. This means that, a 16 GB memory will hold more than fours hours long video recording. It can be much more than this is the video is of low quality.
Gwendolyn manages a resort boutique. Her goal is to run this business in such a way that she achieves the desired result, making a profit and providing her customers with the items they need to enjoy their vacation. Thus, her primary managerial concern is effectiveness.
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Explanation:</u></h3>
The ability of an organisation in meeting its goals and objectives refers to the organisation's effectiveness. The organisation can achieve higher profits if it could involve in selling the products without any wastage and also in producing the products efficiently and effectively.
An organisation achieving effectiveness has complete engagement of all its employees and improved performance. In the example given, Gwendolyn mainly focus on the achievement of the desired result that is the objectives, making profits and satisfying customer by understanding their needs. Thus, her primary managerial concern will be effectiveness.
