1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Radda [10]
3 years ago
5

Suppose that you deposit $2,000 in your bank and the required reserve ratio is 10 percent. The maximum loan your bank can made a

s a direct result of your deposit is Group of answer choices
Business
1 answer:
LuckyWell [14K]3 years ago
7 0

Answer:

the maximum loan could bank made as the direct result of the deposit is $1,800

Explanation:

The computation of the maximum loan could bank made as the direct result of the deposit is given below:

= Deposit amount × (1 - required reserve ratio)

= $2,000 × (1 - 0.10)

= $2,000 × 0.90

= $1,800

hence, the maximum loan could bank made as the direct result of the deposit is $1,800

You might be interested in
An early warning signal for the potential of an overdrawn budget is created when: contingency funds are applied for. a bottom-up
Mademuasel [1]
It is created when <span>contingency funds are applied for.
Contingency funs is a type of monetary fund that set aside for unforseen circumtances that the company may experience in the future. The usage of this fund indicates that the company could no longer follow the budget line that created for normal operation.</span>
3 0
3 years ago
The Nellie Company has provided the following information: Operating expenses were $115,000; Gross profit was $629,000; Cost of
mrs_skeptik [129]

Answer:

A) $514,000.

Explanation:

Operating income = Gross profit - Operating expenses

Operating income = $629,000 - $115,000

Operating income = $514,000

6 0
3 years ago
Following a self improvement plan takes a lot of discipline.<br> a. True<br> b. False
BARSIC [14]
The correct answer is B). True , this is true because trying to train yourself to do something is very hard , this is a fact because we all have something that distracts us believe it or not.

Planning to self improve your actions or thinking can be quite tricky due to daily habits and hobbies.

I hope this helps you.  
8 0
3 years ago
Read 2 more answers
A disadvantage of a sole proprietorship is?
ivann1987 [24]
I think the answer is B, but I am not sure.
4 0
3 years ago
When brand equity is measured using stock valuation with an estimate of the portion of the value allocated to brand equity and n
natka813 [3]

Answer:

The correct answer is letter "B": market value.

Explanation:

Market Value is the price of an asset that is traded or offered for sale in a public forum where multiple buyers are allowed to make offers to buy that asset. For marketable securities of publicly traded companies, the companies are required to issue periodic financial information to the public to meet a full-knowledge requirement.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Sameer does not smoke. Every day he walks past a billboard advertising Camel cigarettes. In class, the instructor was talking ab
    11·1 answer
  • Assume a purely competitive firm is selling 200 units of output at $3 each. At this output, its total fixed cost is $100 and its
    9·1 answer
  • ​finn and glenda want to form and do business as hobby crafts corporation. a corporation is
    10·1 answer
  • Ms. Crocker bought 1,000 shares of EMO Corporation stock for $10,000 on January 20, 2017. On December 28, 2018 she sold all 1,00
    10·1 answer
  • The standardization strategy uses __ marketing activities across national boundaries whereas the adaptation strategy uses a ____
    9·1 answer
  • A petty cash fund of $100 is replenished when the fund contains $14 in cash and receipts for $94. The entry to replenish the fun
    13·1 answer
  • Stephen, chief financial officer of Pluto Inc., is considered to be a very organized and disciplined leader by his employees, th
    11·1 answer
  • What is a bond? in your own words. economics.​
    13·2 answers
  • What kind of environmental damage is associated with the following paper mill activities?
    8·1 answer
  • What is a business opportunity?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!