1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
galben [10]
2 years ago
7

the commercial banking system borrows from the federal reserve banks. as a result, the checkable deposits

Business
1 answer:
musickatia [10]2 years ago
3 0
Increases the deposit?
You might be interested in
Green Landscaping Inc. is preparing its budget for the first quarter of 2017. The next step in the budgeting process is to prepa
Agata [3.3K]

Answer:

a-1. Total cash collection for the Quarter Ending March 31, 2022 = $336,000

a-2. Total cash payment for the Quarter Ending March 31, 2022 = $43,400

b-1. Account receivable balance = $68,000

b-2. Account payable balance = $7,200

Explanation:

Note: This question is not complete and contains different dates (2017 and 2022). The complete question is therefore provided and 2022 is picked as the date before answering the question. See the attached pdf file for the complete question with 2022 as the date.

The explanation of the answer is now given as follows:

a-1. Schedule of expected cash collections from clients.

Note: See part a-1 of the attached excel file for the Schedule of expected cash collections from clients.

From the attached excel file, we have:

Total cash collection for the Quarter Ending March 31, 2022 = $336,000

a-2. Schedule of expected payments for landscaping supplies.

Note: See part a-2 of the attached excel file for the Schedule of expected payments for landscaping supplies.

From the attached excel file, we have:

Total cash payment for the Quarter Ending March 31, 2022 = $43,400

b. Determine the following balances at March 31, 2022:

b-1. Accounts receivable

Account receivable balance = ($120,000*10%) + ($140,000*40%) = $68,000

b-2. Accounts payable

Account payable balance = $18,000*40% = $7,200

Download xlsx
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> xlsx </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
3 0
2 years ago
Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations and enter your answers
postnew [5]

Answer and Explanation:

The computation of the effective annual rate in each of the following cases are

1.

Effective annual rate = [(1+annual percentage rate ÷ period)^period]- 1

= (1 +0 .09 ÷ 4)^4 - 1

= 9.31%

2.

Effective annual rate = [(1+annual percentage rate ÷ period)^period]- 1

= (1 + 0.16  ÷  12)^12-1

= 17.23%

3.

Effective annual rate = [(1+annual percentage rate ÷ period)^period]- 1

= (1 + 0.12 ÷ 365)^365-1

= 12.75%

4 .

Effective annual rate = [(e)^Annual percentage rate]-1

e=2.71828

So,

=[(2.71828)^0.11]-1

= 11.63%

4 0
3 years ago
What does a formula do in a spreadsheet program? Apex
inessss [21]

A formula helps you understand the problem better!!!

4 0
3 years ago
Read 2 more answers
HELP ASAP! ACCURATE ANSWERS PLEASE! WILL GIVE BRANLIEST IF THE ANSWER IS GOOD
zlopas [31]

Answer: tell them what you observe and sometimes you will have to reward them such as candies in order to show them that they did a splendid job. This will let them realize that they did a great job.

Explanation:

4 0
3 years ago
Applying Factory Overhead Bergan Company estimates that total factory overhead costs will be $620,000 for the year. Direct labor
gizmo_the_mogwai [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Applying Factory Overhead Bergan Company estimates that total factory overhead costs will be $620,000 for the year. Direct labor hours are estimated to be 80,000.

A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 620,000/80,000= $7.75 per direct labor hour

B) Bergan Company accumulated 2,500 hours of direct labor costs on Job 200 and 3,000 hours on Job 305.

Job 200:

Allocated overhead= 2,500*7.75= $19,375

Job 305:

Allocated overhead= 3,000*7.75= $23,250

C) Job 200                     19,375

   Job 305                      23,250

                         Allocated Overhead          42,625

6 0
2 years ago
Other questions:
  • Joanna is in her early forties. Although she is fully occupied at office, she feels that something is lacking in her life whenev
    13·2 answers
  • Gage buys from fishing guide corporation the exclusive right to sell fishing guide rods and reels in a certain area. their franc
    10·1 answer
  • Gibson Energy Ltd.’s general ledger account for Cash in Bank showed the following at December 31, 2019:
    5·1 answer
  • __________ integrates all departments and functions throughout an organization into a single system (or integrated set of MIS sy
    6·1 answer
  • Monarch Company uses a weighted-average perpetual inventory system, and has the following purchases and sales: January 1 20 unit
    12·1 answer
  • Consider the subschema of a receiving clerk. The receiving clerk needs sufficient rights in her logical view to perform her duti
    14·1 answer
  • "A Registered Investment Adviser publishes a web-based newsletter. He is approached by a marketing firm for a list of the RIA's
    9·1 answer
  • What is the most likely outcome when a company demotes the perpetrator but allows him or her to go unprosecuted?
    6·2 answers
  • Check out my channel it called It'z Jennie AMV! Thanks! If you like the video make sure to Subscribe and click the bell so that
    12·2 answers
  • When going downhill, a truck's momentum makes it ____ so you'll have to ____ to pass it
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!