In the united states, the fractional reserve policy that governs commercial banking is controlled by the Federal Reserve. Fractional reserve is a part of customer deposit that cannot be channeled as a loan for a debtor.
<span>This policy made to maintain commercial bank's liquidity. Thus, it will not collapse when a customer withdraw some amount from the deposit</span>
Answer:
Inventory should be increased by $3,500
Explanation:
Calculation for What adjustment to inventory should be made under IAS 2 after this event
Adjustment to inventory under IAS 2= 13,000 - 9,000- 500
Adjustment to inventory under IAS 2 = $3,500 Increased
Based on the above calculation the adjustment to inventory that should be made under IAS 2 after this event is that Inventory should be increased by $3,500.
Answer:C
Explanation:
Contributions are not deductible and qualified educational expense distributions are taxable
Answer:
A) Create a promotion strategy to increase customer awareness.
Explanation:
The company has already addressed 3 of the 4 marketing Ps, product, placement and price, so it is missing promotion.
Promotional strategies refers to how the company is going to make customers aware of their product and differentiate their product from the competition. Promotion ties up the other 3 Ps together into a promotional strategy, that may include: advertising, social media, email, public relations, etc.
Answer:
Explanation:
Nokia is trading in US at $ 7.18 per share and at € 6.08 on Helsinki stock exchange.
Law of one price - Price of Nokia must be the same in both the countries. So current exchange rate is $7.18/€6.08 = $1.18/€
