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Pani-rosa [81]
3 years ago
9

Assume that the required reserve ratio is 10 percent, banks keep no excess reserves and borrowers deposit all loans made by bank

s. Suppose you have saved $100 in cash at home and decide to deposit in your checking account. As a result of your deposit, the money supply can increase by a maximum of Group of answer choices
Business
1 answer:
____ [38]3 years ago
6 0

Answer:

$1,000

Explanation:

The computation of the increase in the money supply is shown below:

But before that the multiplier is

= 1 ÷ required reserve ratio

= 1 ÷ 0.10

= 10

Now the increase in the money supply is

= Multiplier × saving in cash at home

= 10 × $100

= $1,000

hence, the above represent the answer and the same would be relevant

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Bricker Enterprises purchased a machine for $100,000 on October 1, 2018. The estimated service life is ten years with a $10,000
lutik1710 [3]

Answer:

$2,250

Explanation:

Given;

Cost of machine = $100,000

Residual value = $10,000

Useful life = 10 years

Annual depreciation = (Cost - Residual value ) ÷ useful life

= ($100,000 - $10,000 ) ÷ 10

= $90,000 ÷ 10

= $9,000 per year

Duration from  October 1, 2018 to December 31, 2018 in year = \frac{3}{12} years

= 0.25 year

therefore,

Depreciation expense for the year ended December 31, 2018

=  Annual depreciation × Duration

= $9,000 × 0.25

= $2,250

3 0
3 years ago
Question A The company Ping Pong Ltd has a current account in the bank and approximately 33 cheques were withdrawn from the bank
snow_lady [41]

Answer:

Ping Pong Ltd

i. No.  The bank has not breached its duty of care to its customer, Ping Pong Ltd.

ii. No.  The customer, Ping Pong, has not breached its duty of care to its bank.

Explanation:

The breach occurred between Mr. Z. and Ping Pong.  Certainly, Mr. Z. breached his professional and fiduciary duty of care to Ping Pong, his employer.  By presenting forged documents as evidence of supply transactions, Mr. Z. has fraudulently defrauded his employer to the tune of $6.6 million.  It is the responsibility of Ping Pong to recover from Mr. Z. as soon as the fraud is discovered.

8 0
3 years ago
all three levels of profession are required to run an organisation or a business is uniquely justify this statement​
Ber [7]

Answer:

The key to a successful organization is to have a culture based on a strongly held and widely shared set of beliefs that are supported by strategy and structure. When an organization has a strong culture, three things happen: Employees know how top management wants them to respond to any situation, employees believe that the expected response is the proper one, and employees know that they will be rewarded for demonstrating the organization's values.

HR has a vital role in perpetuating a strong culture, starting with recruiting and selecting applicants who will share the organization's beliefs and thrive in that culture. HR also develops orientation, training and performance management programs that outline and reinforce the organization's core values and ensures that appropriate rewards and recognition go to employees who truly embody the values.

This article covers the following topics:

The importance of having a strong organizational culture.

HR's role in fostering a high-performance culture.

Definitions of organizational culture.

Factors that shape an organization's culture.

Considerations in creating and managing organizational culture.

HR practices to ensure the continuity and success of an organization's culture.

Communications, metrics, legal, technology and global issues pertaining to organizational culture.

Explanation:

5 0
3 years ago
All of the following are aspects of advertising except Multiple Choice a. it must be carried by some medium. b. legally, the sou
oksano4ka [1.4K]

Answer:

d. it is used to sell only products.

Explanation:

  • The economic roles of advertising includes the values of the products and effects in the pricing and effects of the customers demands and the impacts on the business cycles.
  • Includes mediums and legal source of the message that must be known and its a persuasiveness form of communication and can be used to gather data and opinion and is more than sale of a product.
3 0
4 years ago
Suppose both supply and demand increase. What effect will this have on the equilibrium price?
Ronch [10]

Answer:

A new breakeven point will be determined.

Explanation:

The law of supply and demand suggests that price and quantity equilibrium are determined by the interaction between supply and demand. This breakeven point may vary as supply and demand change. When supply increases the price decreases and when the price decreases the demanded quantity increases. In this way, a new equilibrium price will be determined at a lower value than the previous price.

5 0
4 years ago
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