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Arada [10]
3 years ago
11

2. Explain the role of required & excess reserves in the banks approach to the making of loans to the consumer & busines

s.
Business
1 answer:
pav-90 [236]3 years ago
6 0

Answer:

Every time a dollar is deposited into a bank account, a bank's total reserves increases. The bank will keep some of it on hand as required reserves, but it will loan the excess reserves out. When that loan is made, it increases the money supply. This is how banks “create” money and increase the money supply.

Explanation:

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Singapore Airlines is rated one of the best airlines in the world and often requires ticket agents to serve as baggage handlers.
kherson [118]

Ticket agents often deal with luggage and so cross-training makes them more efficient.

Singapore Airways has been named this year's 'global's exceptional Airline' in Skytrax's Global Airline Awards. SIA also took the pinnacle spot in the 'world's exceptional First class', 'satisfactory Airline in Asia' and 'exceptional First elegance Airline Seat' categories in the 2018 ratings.

Accomplishing service Excellence price-successfully. SIA has two major assets planes and those and it manages them in order that its carrier is better than its opponents' and its fees are lower. in contrast to different airlines, SIA guarantees that its fleet is usually young.

Singapore has usually been very progressive in relation to patron enjoyment. They have been the first airline to have satellite communications for passengers, and on-demand seatback entertainment screens for economy suites on board their A380.

Learn more about Airlines here brainly.com/question/24752362

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3 0
2 years ago
The company changed its inventory method to FIFO from weighted-average, which had been used in prior years.
alukav5142 [94]

Answer:The Fifo method of stock Pricing is more efficient because it show the current market which do give room to rigor of determining unrealized profits.

Explanation:The First in,First out method has proven to be an effective method by revealing the actual cost of the material and represent the historical cost.The use of this system helps to avoid waste by issuing old stocks first.Its also a good representation of a sound storekeeping practice which increases profits during inflation.

7 0
3 years ago
Ronald suffers from dementia that impacts his brain function, but he also has healthy periods of time when his mind is fully fun
vova2212 [387]

Answer:

2. False

Explanation:

Capacity to a contract refers to whether the person to a contract is legally competent to enter into such a contract.

For instance, lunatics, drunkards, minors, criminals and person of unsound mind are deemed incapable of entering into a contract.

A person diagnosed with dementia, which impairs his decision making would normally be regarded as incapable to signing a contract.

But, capacity is ascertained as per the situation i.e at the time the contract is signed or entered into.

In the given case, Ronald entered a contract while he was sane and in healthy state of mind. His judgement at the time of entering such a contract wasn't impaired by dementia.

Thus, the contract will be legally enforceable as per the law.

6 0
3 years ago
The bookkeeper for Sunland Company asks you to prepare the following accrual adjusting entries at December 31. (If no entry is r
VikaD [51]

Answer:

Explanation:

The adjusting entries are shown below:

A. Interest expense A/c Dr $370

            To Interest Payable            $370

(Being accrued interest adjusted)

B.  Accounts receivable A/c Dr $1,830

         To Service revenue A/c                $1,830

(Being unbilled amount recorded)

C. Salary expense A/c Dr $900

            To Salary Payable            $900

(Being earned salaries are recorded)

8 0
4 years ago
University Car Wash built a deluxe car wash across the street from campus. The new machines cost $213,000 including installation
djyliett [7]

Answer:

The depreciation schedule for six years is attached below.

Explanation:

8 0
3 years ago
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