Answer:
1)500
2)6450
3)50
4)30
5)1500
Step-by-step explanation:
Answer:
The size of the bank's actual reserves is $44000.
Step-by-step explanation:
The bank has checkable deposits of $150,000 and it has excess reserves of $14,000.
Therefore, the required reserves = 20% of the checkable deposit
= 
dollars. {As the reserve ratio is 20%}
Now, we know that the bank's actual reserves = The required reserves + The excess reserves
= $(30000 + 14000)
= $44000
Therefore, the size of the bank's actual reserves is $44000. (Answer)
Based on the return on assets of 21%, the net income of Pacific Ocean Resort for year is $166,950
What is return on assets?
The return on assets for the company is determined as the net income divided by the average total assets of Pacific Ocean Resort , bearing in mind that the average total assets is sum of the beginning and ending assets divided by 2
return on assets=net income/average total assets
return on assets=21%
net income=unknown
average total assets=($720,000+$870,000)/2
average total assets=$795,000
21%=net income/$795,000
net income=$795,000*21%
net income=$166,950
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Answer:
Y = 9
Step-by-step explanation:
2Y (with Y having a value of 9) would be equal to 2 x 9 which would give you 18
then you take the 18 and subtract 10x
which would give you 8x with the x not being relevant in your case (maybe)
Answer:
2,344.32 units
Step-by-step explanation:
the area = 8× ½× 16 × 36.63
= 2,344.32 units
