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slavikrds [6]
3 years ago
13

Suppose that Ava withdraws $300 from her savings account at Second Bank. The reserve requirement facing Second Bank is 10%. Assu

me the bank does not wish to hold any excess reserves of new deposits. Use this information to complete the balance sheet below to show how Second Bank's assets and liabilities change when Ava withdraws the $300 from the bank. Instructions: Enter your answer as a whole number. If you are entering a negative number include a minus sign. A Simple Bank Balance Sheet Assets Liabilities.
Change in Reserves: $ -30
Change in Deposits: $ -300
Change in Loans: $ -270
Business
1 answer:
liberstina [14]3 years ago
7 0

Answer:

Due to withdrawal of the $300 from saving account. Decrease in the required reserve = 300*10% = $30. So, Change in reserve = -$30

Decrease in loans as there is no excess reserve) = $300 - $30 = $270. So, the change in loans = -$270

Decrease in deposits since it is withdrawn = $300. So, the change in deposit = -$300

                                           Balance Sheet

                  Assets                                              Liabilities

Changes in required reserve = -$30       Change in deposit = -$300

Changes in loans = -$270

Total Change = -$300                               Total Change = -$300

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Answer:

C encourage employee participation while setting goals.

Explanation:

Goals are ideas in which an individual or group of people or organization aim to achieve within a stipulated time.

While top managements of organizations are saddled with the responsibility of setting goals and cascaded to lower managers and subsequently junior employees, it is now essential that employees are encouraged to participate in these goal settings.

By involving employees in goal settings, there would be increase in goals commitment thereby leading to dedication amongst employees and subsequently results to attainment of such goals.

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3 years ago
An agency problem can occur when A. it is difficult or expensive for the owners to verify what the agent is actually doing. B. t
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Answer:

The answer is E.

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Answer:

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