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3 years ago

Banks use a large percentage of their checkable deposits for the purpose of __________.

Business

2 answers:

Stella [2.4K]3 years ago

6 0

Answer:

D.) maintaining reserves

Explanation:

got it right on the test review

KiRa [710]3 years ago

4 0

Answer:

B. giving loans

Explanation:

The reserve requirement system requires commercial banks to maintain a small fraction of their deposits as a reserve. Only a small percentage of the checkable deposits is required to be held in the banks as reserves. The reserves requirement fractions vary with the monetary policy in place.

The percentage of reserve requirement ranges from 3% to 10%. It would hardly get to 20%. The rest other bigger percentage ( over 80%) is available to be used to create loans.

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Which of the following sectors should be restructured?

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I really don’t know

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3 years ago

Round Hammer is comparing two different capital structures: An all-equity plan (Plan l) and a levered plan (Plan Il). Under Plan

Dominik [7]

Explanation:

A). The computation of price per share is shown below:-

Debt outstanding ÷ (Stock outstanding of Plan 1 - Stock outstanding of

Plan 2)

= $1,730,000 ÷ (205,000 - 125,000)

= $21.63 per share

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= Debt outstanding × Stock outstanding of Plan 1

= $21.63 × 205,000 shares

= $4,433,125

B b.) under the levered plan the value is

Price per share × Stock outstanding of Plan 2 + Debt outstanding

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3 years ago

Max Staxx borrowed $2,000 on a 10%, 120 day note. After 45 days, Max paid $700 on the note. Thirty days later, Max paid an addit

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$670 is the final balance due that max wants to pay.

<u>Explanation</u>:

Max borrowed a $2000 amount on a 120-day note. First, he paid $700 in the 120-day note. So the current amount he paid is $700.
After thirty days max paid the amount of $630. So totally he paid $1330 in a note of 75 days. So 45 days are remaining.
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4 years ago

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Answer:

earn money, make a change, fulfill their dreams

Explanation:

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3 years ago

Read 2 more answers

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Answer:

b. it expects that this will increase sales and profits

Explanation:

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4 years ago