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kramer
2 years ago
15

The First National Bank has total deposits of $675,000 and excess reserves of $22,300. If the required reserve ratio is 9 percen

t, the First National Bank has total reserves of:
Business
1 answer:
Nookie1986 [14]2 years ago
3 0

Answer: $83050

Explanation:

Based on the information given in the question, the total reserves of First National Bank will be given as follows:

Total deposit = $675000

The Required reserve ratio will be:

= 675000 × 9%

= 675000 × 9/100

= $60750

Since the bank has excess reserves of $22,300, then the total reserve will be:

= $60750 + $22300

= $83050

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If the European subsidiary of a U.S. firm has net exposed assets of 750,000 Euros, and the euro drops in value from $1.30/euro t
Natalija [7]
The correct answer is:

b. loss of $75,000
6 0
2 years ago
What management function is to ensure that all factors of production are available to departments
artcher [175]
Production planning ,production control , quality and cost control and inventory control
5 0
3 years ago
Review the transactions listed below for thyme advertising company, and classify each transaction as either an operating activit
soldi70 [24.7K]

Answers:


1.       Financing Activity


2.       Operating Activity


3.       Operating Activity


4.       Non Cash Activity


5.       Financing Activity


6.       Non Cash Activity


7.       Operating Activity


8.       Investing Activity


9.       Non Cash Activity


What to remember:


Operating activities are the kinds of activities the company accomplishes to generate profits. This includes cash out flows and inflows.


Investing activities contain the purchase or sale of long-lived assets used in operating the business, or the purchase or sale of investment securities (stocks and bonds of companies other than Thyme).


Financing activities are borrowing money, issuing shares of stock, and paying dividends.

5 0
3 years ago
If a stock's P/E ratio is 13.5 at a time when earnings are $3 per year and the dividend payout ratio is 40%, what is the stock's
REY [17]

Answer:

Price of share = $40.50

Explanation:

P/E ratio describes the price to earnings ratio.

Provided if P/E ratio = 13.5

And Earnings per share = $3 per share.

That means,

\frac{Price}{Earnings} = 13.5

\frac{Price}{3} = 13.5

Price = 13.5 \times 3 = $40.5

Therefore, it is not dependent on dividend payout ratio, and the price = $40.50

4 0
3 years ago
A computer manufacturer sells laptops to retail stores for $450 each. If the manufacturer pays $200 for all of the components in
a_sh-v [17]

Answer:

The answer is $75

Explanation:

The formula to reach out value addition is

Value Addition=Sales Value-Cost of manufacture or input added

In our Case

Sales Price=$450

Cost of Manufacture or Input=200+75=$275

So by entering above numbers in Value Addition formula we get

Value Addition=$450-$275

Value Addition=$175

5 0
3 years ago
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