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finlep [7]
3 years ago
5

Assets Liabilities Total Reserves $60,000 Demand Deposits $200,000 Loans $140,000 The balance sheet above shows the financial si

tuation for the Carland National Bank. The central bank has set a reserve requirement of 10 percent. What is the maximum amount of additional money Carland National Bank can create
Business
1 answer:
UNO [17]3 years ago
6 0

Answer: $40,000

Explanation:

The maximum amount of additional money that Carland National Bank can create will be calculated as the difference between the total reserve and the excess reserve. This will be:

= Total reserve – required reserve

where,

Total reserve = $60,000

Required reserve = 200000 × 10%

= 200,000 × 0.1

= $20,000

Therefore,

Excess reserve = $60000 - $20000

Excess reserve = $40000

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The College of Southern Nevada faculty pay scale is based on teaching experience and degrees earned. In addition to pay, it has
algol13

Answer:

compensation system.

Explanation:

A compensation system corresponds to the sum of all benefits that an employee will receive in exchange for his work. Compensation corresponds to monetary and non-monetary benefits, such as health insurance, dental insurance and life insurance.

There are three general categories that divide remuneration. They are:

  1. Direct financial compensation,
  2. Indirect financial compensation and
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5 0
4 years ago
Green Cabinets is a custom cabinet builder. They recently completed a set of kitchen cabinets (Job Number 1478), as summarized b
Olenka [21]

Answer:

B

Explanation:

Green Cabinets is a custom cabinet builder. They recently completed a set of kitchen cabinets (Job Number 1478), as summarized below Job Number:1478 Date Started: 4/07/20x8 Date Completed: 4/22/20x8 Description: Cherry kitchen cabinets Applied Manufacturing Overhead Hours Direct Materials Direct Labor Req No Ticket 128 Amount Hours Amount Rate Amount $375 235 385 18 414 130 588 391 25 395 140 133 9 243 401 215 52 Total 965 Total $1,244 Cost Summary Direct Material Cost 965 Direct Labor Cost 1,244 Applied Manufacturing Overhead Total Cost Green Cabinets applies overhead to jobs at a rate of $12 per direct labor hour.

3 0
4 years ago
On November 15, 2019, Tim, a cash basis taxpayer, gave his Daughter Nancy 1000 shares of JP Morgan common stock, which Tim purch
igor_vitrenko [27]

Answer:

Following are the responses to the given question:

Explanation:

For question A:

Particulars            Numbers of shares               price/share       TotalAomunt

Share\ \ sales    \ \ \ \ \ \  \ \ \ \  \ \ \ \ \ \ \  \   \ \     1500 \ \ \ \ \ \ \ \ \ \ \  \ \  \ \  \ \ \ \ \ \ \                               18     \ \ \ \ \ \ \ \ \ \ \  \ \  \ \  \ \ \ \  \ \ \ \ \ \ \                 27000\\\\Share \ \ cost  \ \ \ \ \ \ \ \ \ \ \ \ \  \ \  \ \ \ \ \ \ \            1000   \ \ \ \ \ \ \ \ \    \ \  \ \  \ \  \ \ \ \ \ \ \                               30               \ \  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \  \ \ \ \ \ \ \           30000

                                              500      \ \ \ \ \ \  \ \ \ \  \ \ \ \ \ \ \  \   \ \                                30     \ \ \ \ \ \  \ \ \ \  \ \ \ \ \ \ \  \   \ \                      15000\\\\

profit/Loss                    0                                                                      -18000

For question B:

Remaining Share            500                             30                      15000

In this question, the average cost of the per share is 30/action, and when her fathers gave her 1000 stocks at 60 and the company then gave 1:1shares as a dividend.

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3 years ago
Which of the following describes the process of inspiring, influencing, and guiding employees to participate in accomplishing co
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human resource development

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3 years ago
Which routing protocol does an exterior router use to collect data to build its routing tables?
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