Answer:
Percent tax = 45%
Explanation:
Given:
Amount of tax charged = $1,152
Amount of purchase = $2,560
Find:
Percent tax
Computation:
Percent tax = [Amount of tax charged / Amount of purchase]100
Percent tax = [1152 / 2560]100
Percent tax = 45%
Answer:
B, The quantity demanded is the same as the quantity supplied.
Explanation:
Because the quantity supplies must be at lest equal to the quantity demand, in order to satisfy the market and not lost it.
Answer:
Production budget:
Projected sales= 64,000
Ending inventory= 7,000
Beginning inventory= (2,600)
Total= 68,400 units
Explanation:
Giving the following information:
Pasadena Candle Inc. projected sales of 64,000 candles for January. The estimated January 1 inventory is 2,600 units, and the desired January 31 inventory is 7,000 units.
Production budget= projected sales + ending inventory - beginning inventory
Production budget:
Projected sales= 64,000
Ending inventory= 7,000
Beginning inventory= (2,600)
Total= 68,400 units
Reserve ratio was 15% at the balance sheet the whole commercial banking system rather than for a single <u>lend out or invest.</u>
<h3>What is
commercial banking ?</h3>
A financial institution that accepts deposits, provides checking account services, makes different loans, and provides fundamental financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses is referred to as a "commercial bank." Most people conduct their financial business at commercial banks.
Commercial banks generate revenue through making loans, including mortgages, vehicle loans, business loans, and personal loans, and charging interest on those loans. The money needed to fund these loans is provided by customer deposits to banks.
- Commercial banks provide basic banking services, such as deposit accounts and loans, to individuals and small to medium-sized businesses.
- Commercial banks profit from a range of fees as well as from the interest they get on loans.
To learn more about commercial banking from the given link:
brainly.com/question/27793323
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Answer:
The correct answer is B. The monetary base.
Explanation:
The Monetary Base is made up of all legal money in circulation (that is, bills and coins), added to the reserves of commercial banks in the central bank. In other words, it is the legal money issued by the Central Bank of a country and can be in the hands of the public, or else in the cashier of the different commercial banks that the financial sector of the country. The monetary base is monitored by the central bank and constitutes its main way to control the money supply. Also another way to define the monetary base is that they constitute the monetary liabilities of the central bank.
