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3 years ago

The reserve requirement is 15 percent. Lucy deposits $600 into a bank. By how much do excess reserves change

Business

1 answer:

Hatshy [7]3 years ago

7 0

Answer:

$510

Explanation:

Calculation for By how much do excess reserves change

Using this formula

Change in excess reserve= Bank Deposits-(Reserve requirement*Deposit)

Let plug in the formula

Change in excess reserve=$600-($600*15%)

Change in excess reserve=$600-$90

Change in excess reserve=$510

Therefore By how much do excess reserves change is $510

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Give the meaning and important aspects of the process of globalisation.

kherson [118]

Answer:

Globalization by definition is that process that the business or n organisation begins to operate on an international standards.It involves interactions amongst individuals , institution and even the government.

There are 4 basic aspects of globalization

1.Dissemination of knowledge.

2.Migration and movement

3.Capital and investment movement

4.Trade and transctions.

Explanation:

1.in the first point , we view globlisation as a measure in the changes of the human heritage by the aspect of knowledge.people's world wide ideologies are disseminated by varoious means far and wide, in the whole world.

2.Globalization has caised movement, through migrationa socioeconomic as well as the political relations is created along the borders.Movement has caused people to be more difficult to controlband also people have been dislocated.

3.These terms are commonly used to describe the economy .capitalism is the private ownership as opposed to ownership by the government.

4.Trade and teansactions has caused tremendous improvements across the globe, in a way, it has led creating jobs, increaeing thw workers salaries amongst other factors .conversely , trade transactions has caused social disruptions and as a result number of businesses are lost.

6 0

3 years ago

Oregon Outfitters issues 1,300 shares of $1 par value common stock at $21 per share. Later in the year, the company decides to r

Molodets [167]

Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr, $27,300

(1,300 × $21)

To Common Stock $1,300

To Paid in capital in excess of par-Common Stock $26,000

(Being issue of common stock is recorded)

2.Treasury stock Dr, $5,000

(250 × $20)

To Cash $5,000

(Being repurchase of treasury stock is recorded)

3. Cash Dr, $6,750

(250 × $27)

To Treasury stock $5,000

(250 × $20)

To Paid in capital-Treasury stock $1,750

(Being reissue of treasury stock is recorded)

3 0

3 years ago

On December 7 Oklahoma City thunder

adelina 88 [10]

Answer:

rolled?

Explanation:

5 0

3 years ago

As part of their marketing strategy, companies will identify a _______, a group of similar people whose interest the company wan

Alina [70]

As part of their marketing strategy, companies will identify a target market, a group of similar people whose interest the company wants to gain.

<h3>What is a target market?</h3>

A target market is a group of customers which could be in the same area that have interest in a particular product.

They are usually identified as the most likely buyers of a product or service.

Therefore, as part of their marketing strategy, companies need to identify a target market, a group of similar people whose.

For more information on target market kindly check

brainly.com/question/24967768

5 0

2 years ago

A coffee manufacturer uses Colombian and Brazilian coffee beans to produce two blends, robust and mild. A pound of the robust bl

tester [92]

Answer:

•8.74 pounds of robust blend

• 1.25 pounds of mild blend

Explanation:

We are given:

•12 ounces, 6 ounces of mild blend Colombian beans

•4 ounces, 10 ounces of mild blend Brazilian beans.

From the question, we get the following equations:

1) Colombian: 12x + 6y = 1800

2) Brazilian: 4x + 10y = 760

Let's multiply the Brazilian equation by 3, we now have:

Colombian: 12x + 6y = 1800

Brazilian : 12x + 30y = 2280

Solving simultaneously, we have:

-24y = - 480

Therefore,

y = -480/-24

y= 20 oz

y = 20 oz ( divide by 16 to convert to pounds) = 1.25 pounds

Let's solve for x from Brazilian equation:

4x + 10y = 760

Therefore, since y = 20, we have:

4x + 10(20) = 760

= 4x + 200 = 760

= 4x = 760 - 200

= 4x = 560

Therefore

x = 560/4

x = 140

140 oz = 8.74 pounds

Therefore, they should make;

8.74 pounds of robust blend and 1.25 pounds of mild blend.

5 0

4 years ago

Read 2 more answers