The total decrease in deposits in the banking system is $250,000.
<h3>What is total decrease in deposits?</h3>
Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves.
Decrease in deposits = amount withdrawn / required reserve ratio
$25,000 / 0.1 = $250,000
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Answer:
C. 280,000 270,000
Explanation:
Units Started and Completed: Total Units in Process during April - Work in Process Units at April 30
Equivalent Units of Production (Weighted Average Method): Units Started and Completed + Ending Inventory x % Completion
Units Started and Completed: 280,000 units - 25,000 units = 255,000
Equivalent Units of Production Materials: 255,000 + 25,000 x 100% = 280,000
Equivalent Units of Production Conversion Costs: 255,000 + 25,000 x 60% = 270,000
i think it’s true but i’m not completely sure :(
