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Trava [24]
2 years ago
15

What is the maximum amount of new loans the bank could lend with the given amounts of reserves?

Business
1 answer:
IgorC [24]2 years ago
6 0

The maximum amount of new loans to the bank could lend with the given amounts of reserve is; $400million.

<h3>Maximum amount of New loans</h3>

It follows from macroeconomics calculations that;

The maximum amount of new loans to the bank!= The current amount in reserves * The multiplier.

Given that the amount in reserves is $80 million.

  • $80 million * (1/20%)
  • $80 million * (5) = $400 million.

Ultimately, the maximum amount in new loans given the amount in reserves is; $400 million.

Read more on loans;

brainly.com/question/25599836

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In the book Romeo and juliet what is Juliet's dads name​
Amiraneli [1.4K]

Answer:

Lord Fulgencio Capulet

Explanation:

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3 years ago
Dash Plumbing is an established company with 12 employees and a small office in the suburbs of Atlanta. The company had an old c
olganol [36]

Answer:

The people at dash plumbing are in the market for a new copier

Explanation:

Since in the question it is mentioned that Dash publishing is an established company that has 12 employees and has a small office in Atlanta. Also the old copier breaks down and the resources to purchase

So the given situation represent that the dash plumbing people come in the market for a new copier and the same is to be considered

7 0
3 years ago
This management theory assumes there is no one best way to manage?
Kobotan [32]

The contingency approach to management is based on the idea that there is no single best way to manage. Contingency refers to the immediate contingent circumstances. Effective organizations must tailor their planning, organizing, leading, and controlling to their particular circumstances.

8 0
3 years ago
On December 31, 2017, Coolwear, Inc. had a balance in its prepaid insurance account of $48,400. During 2018, $86,000 was paid fo
Liula [17]

Answer:

$92,400

Explanation:

Coolwear incorporation has a balance in its prepaid insurance account of $48,400

In 2018, $86,000 was paid for insurance

At the end of 2018, the balance was $42,000 after adjusting entries were recorded

Therefore the insurance expense for 2018 can be calculated as follows

= $48,400 + $86,000-$42,000

= $134,400-$42,000

= $92,400

Hence the insurance expense for 2018 is $92,400

4 0
3 years ago
Laubitz Company begins operations on Apr.1. Information from job cost sheets shows the following:
Inessa [10]

Answer:

1. 2. April 30 $11600

31-May $20100

2. April 30 $3,200

31-May $11,90

3. Profit April 0

May$800

June $2975

Explanation:

1) Calculation for Work in Process Inventory at

April 30 and 31-May

Work in Process Inventory at

April 30=7500+4100

Work in Process Inventory at

April 30=$11600

Work in Process Inventory at31-May =4100+6900+4700+4400

Work in Process Inventory at31-May= $20100

2) Calculation for Finished Goods Inventory at

April 30 and 31-May

Finished Goods Inventory at

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Finished Goods Inventory at 31-May =7500+4400

Finished Goods Inventory at 31-May= $11,900

3) Calculation for Gross Profit

Gross Profit April : 0

Gross Profit May =3200*25%

Gross Profit May=800

Gross ProfitJune :- Job 10 =(7500+4400)*25% Gross Profit June 2975

6 0
3 years ago
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