Answer: Excess reserves are reserves that banks keep above the legal requirements.
Explanation:
Excess reserves also called secondary reserve are the capital reserves that are held by a financial institution or a bank which is more than what is required by creditors, regulators or internal controls.
For commercial banks, the excess reserves are measured in relation to the legal reserve requirement amounts that is set by the central bank. These legal reserve requirement is the minimum amount set by the central bank in a country and anything above that is known as excess reserve.
Excess reserves are sometimes for precautions e.g when there is a sudden loss of loan or continuous cash withdrawals by the customers of a bank. Excess reserves are useful during uncertainty in the economy and can improve a bank's credit rating.
Answer:
Customer may not want the product which the company is making well.
Explanation:
It is not necessary that market needs those products which the company is producing perfectly. It cannot enter into product differentiation and cannot meet customer demands and needs of specific or altered products. The company can achieve specialization and can be a niche player in the market but also on the other hand company’s business is limited to only few products at which it is perfect. It cannot allow customization to its products.
The cost of everything and the problem of not knowing whether or not its going to succeed.
Can you dm me for the answer I’m not home rn I’m trying to help out a lot of people
It should be noted that the banker that would be visited to raise large amounts of capital is an investment banker.
<h3>Who is an investment banker?</h3>
It can be noted that an investment banker simply means a person that is involved in helping to raise capital for large corporations.
In this case, the banker that a software company most likely visit for help to raise large amounts of capital to acquire, or buy out another company is an investment banker.
Learn more on investment banking on:
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