Answer:
Yes, common and operational expenses.
The effect on financial statement would be dynamic, as some figures would fluctuate based on volume
Explanation:
A flexible budget is very much adjustable based on the level of production activity. Hence this will also reflect on the financial statement, if management takes this approach
I believe it was Heath Andreeson
I whould say cumunication skills hope this helps
Answer:
-1.10%
Explanation:
Calculation for percentage return on a stock
Stock percentage return=$46.20 + 1.67 - 48.40)/$48.40
Stock percentage return= = -.0110*100
Stock percentage return=-1.10%
Therefore the percentage return on a stock is -1.10%
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.
