Answer:
C) $10,000, $1,000, and $9,000, respectively.
- actual reserves increase by $10,000
- required reserves increase by $1,000
- excess reserves increase by $9,000
Explanation:
the money deposited by the client = $10,000
bank's reserve ratio is 10% = $10,000 x 10% = $1,000
since the bank kept the whole $10,000 as reserves, then:
- actual reserves increase by $10,000
- required reserves increase by $1,000
- excess reserves increase by $9,000
The bank is only required to keep $1,000 in reserves, this means it can borrow the remaining $9,000 whenever they want.
Answer:
A. unavoidable
Explanation:
Conflict is unavoidable because it doesn't matter what you do because other people could still cause conflict with you.
Within the context of the Ricardian model of trade, suppose that the introduction of a vaccine against a virus increases the productivity of workers in the developed world. What would you expect wages to do? fall mainly in the developing countries.
Answer:
The budgeted materials needed in units for April = 67000 litres
Explanation:
The budgeted production for April = 68000 units
The budgeted production for may = 64000 units
The cost of raw material per unit = $1.70 per unit
It is given that at the end of each month the inventory should be = 25%
The April 1 inventory = 17000 units
Now calculate the material required for April production:![= [ Materials needed + ending inventory requirements - beginning inventory available ]](https://tex.z-dn.net/?f=%3D%20%5B%20Materials%20needed%20%2B%20ending%20inventory%20requirements%20-%20beginning%20inventory%20available%20%5D)
![= [ 68000 + (64000 × 25%) – 17000 ] = 67000 Litres](https://tex.z-dn.net/?f=%3D%20%5B%2068000%20%2B%20%2864000%20%C3%97%2025%25%29%20%E2%80%93%2017000%20%5D%20%3D%2067000%20Litres)
Therefore, the budgeted materials needed in units for April = 67000 litres
The statements that explain how the accounting equation applies to business are:
- The equation reflects that the total of what a business owns at any point in time will equal the total of what it owes creditors and owners.
- The equation applies to all monetary business transactions.
- The relation of assets, liabilities and equity is reflected in the equation.
- The equation states that Assets = Liabilities +Equity
<h3>How does the accounting equation apply in business?</h3>
The accounting equation is given as:
Assets = Equity + Liability
This shows that everything that a business owns (assets) is only acquired thanks to the amounts that the owners ( equity) and creditors (liability) give.
It also shows how assets, liabilities and equity are related and therefore applies to all the monetary transactions in the business as it shows how the cash is affected when it is spent or received.
Find out more on the accounting equation at brainly.com/question/24401217
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