Answer:
350
Explanation:
Add 9000 + 200 = 9200
Then you do 9550 - 9200 = 350
Answer:
C. counseled a borrower about loan terms
Explanation:
Jerry works for mortgage broker Sue. Jerry would need to be state licensed Mortgage Loan Originator (MLO) if he counseled a borrower about loan terms.
Mortgage loan originator is an individual or institution who is the original lender, ensures the loan falls through and closing it. They are usually saddled with the responsibility of persuading and counseling a borrower in getting a mortgage loan.
Answer:
D. All of these answer choices are correct.
Explanation:
When a company purchases its own shares then the equity capital is reduced, as it is not an investment, but rather reducing the ownership share.
Equity value reduces with the par value of the share.
The paid in capital in excess of par value shall also be reduced if the share is bought for a value more than the par value, but in case if it is bought for less than the par value then the par value shall reduce the equity balance and that the difference in par value and bought up value shall be added to retained earnings.
In the given instance the total equity shall be reduced by $125,000
In this the equity capital by $50,000 and paid in capital in excess of par value by $125,000 - $50,000 = $75,000
Thus, all the statements are correct.
Question Completion:
Assume that the required reserve ratio is 10%, and that all currency is deposited into the banking system.
Answer:
The money supply would decrease by $2 billion or less.
Explanation:
a) Data and Calculations:
Treasury securities bought by the Fed = $200 million
Required reserve ratio = 10%
Money supply = $200 million/0.10 = $2,000 million
b) When the Fed buys Treasury securities worth $200 from the bank, the money supply in the economy will be increased because the action increases the amount of money available to the bank, which the bank can subsequently lend to borrowers. However, since it is expected to lend only part of the money, the increase in the money supply will not amount to $2 billion. The actual money supply will be less than this amount.
Answer:
Number of caramels = 20
number cremes = 30 - 20 = 10
Explanation:
Data provided in the question:
Selling cost of each box = $12.50
Number of pieces of candies held in a box = 30
Cost of producing caramel = $0.25
Cost of producing cremes = $0.45
Now,
let the number of caramels be 'x'
Thus,
Number of cremes = 30 - x
Profit = Selling price - Cost
3 = $12.50 - [ 0.25x + 0.45(30 - x) ]
or
[ 0.25x + 0.45(30 - x) ] = 12.50 - 3
or
0.25x + 13.5 - 0.45x = 9.50
or
-0.20x = 9.50 - 13.5
or
-0.20x = - 4
or
x = 20
Hence,
Number of caramels = 20
number cremes = 30 - 20 = 10