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soldier1979 [14.2K]
3 years ago
6

Suppose that Robin withdrawals $100 of cash from her checking account at Trendy Bank and uses it to buy a camera from Adam, who

deposits the $100 in his checking account in Gotham Bank. Assuming a reserve ratio of 10% and no initial excess reserves, determine the extent to which:
Business
1 answer:
kupik [55]3 years ago
5 0

Answer:

The alternative including its query is presented throughout the explanation section below.

Explanation:

(a)

The strategic petroleum insufficiency should also be,

= 100-0.10\times 100

= 90

This means that the financial institution would have to start reducing its loan payments as well as currency exchange by $90.

(b)

Yes, you can significantly raise your loan deposit accounts secure manner. Early years setting throughout Serenity Bank would be increased, therefore the proportion of total reserves would indeed be $90.

The margin requirement of spending in the market hasn't started to change since the percent impact would be similar. Robin's account was whittled down by $100, as well as Adam's payment was continued to increase whilst also $100. So there's no modification throughout the monetary policy.

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A notice is published stating that RMO 5% convertible preferred stock will be called at $60 per share. The preferred is converti
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Answer: d. A price near $60

Explanation:

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3 years ago
During one pay period, your company distributes $130,500 to employees as net pay. the income tax withholdings were $19,000 and t
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Given:
130,500 net pay to employees
  19,000 income tax withholding
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130,500 + 19,000 + 5,000 + 5,000 = 159,500

<span>The total wages and payroll tax expense to the company for this pay period, excluding any unemployment taxes, is $159,500.
</span>
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FICA, <span> Federal Insurance Contributions Act,</span> is composed of
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3 years ago
Which of the following statements is correct concerning product​ costs? A. Product costs are shown with current liabilities on t
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Answer: D. Product costs are expensed in the period the related product is sold

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The statement that is true with regards to product cost is that product costs are expensed in the period the related product is sold.

It should be noted that the account for the cost of goods sold consist of product cost. In a situation whereby goods are not sold, the goods will be carried to the next period.

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<span>This is an example of a cost of international trade. This can make it so that some domestic businesses lose their market share to foreign companies. This can create less profits for the company and made it so that it is difficult to create jobs.</span>
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Answer:

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