Since the bank only has $3,400 in reserves, it will need to acquire additional reserves in order to meet the required reserve ratio. It can do this by borrowing from other banks or by selling securities.
Assuming it is able to acquire the necessary reserves, it can then lend out the excess:
Excess reserves = Reserves - Required reserves
Excess reserves = $3,400 - $6,250
Excess reserves = -$2,850
Since the bank has negative excess reserves, it cannot lend out any additional funds. However, assuming that it is able to acquire the necessary reserves, the total increase in the money supply would be:
Total increase in money supply = Deposit x Money multiplier
Total increase in money supply = $10,000 x 8
Total increase in money supply = $80,000
So the banking system as a whole would create $80,000 in new money as a result of the $10,000 deposit.
Read more about money supply here:https://brainly.com/question/12654446
#SPJ11
a. The reserve ratio if the bank holds no excess reserves is 0.068 or 6.8%
b. If the Fed sets reserve ratio as 5 percent, the excess reserve is $900.
c. The money multiplier if the reserve ratio is 12.5 percent is 8.
d. The banking system will create $80,000 in new money.
a) The reserve ratio is calculated by dividing the amount of reserves by the amount of deposits:
Reserve Ratio = Reserves / Deposits
In this case, since the bank holds no excess reserves, the entire reserve amount of $3,400 is used:
Reserve Ratio = $3,400 / $50,000
Reserve Ratio = 0.068 or 6.8%
b) If the Fed sets the reserve ratio as 5 percent, we can calculate the excess reserves by subtracting the required reserves from the total reserves:
Required Reserves = Reserve Ratio * Deposits
Required Reserves = 0.05 * $50,000
Required Reserves = $2,500
Excess Reserves = Total Reserves - Required Reserves
Excess Reserves = $3,400 - $2,500
Excess Reserves = $900
Therefore, the excess reserves are $900.
c) The money multiplier is calculated as the reciprocal of the reserve ratio:
Money Multiplier = 1 / Reserve Ratio
In this case, with a reserve ratio of 12.5 percent, the money multiplier is:
Money Multiplier = 1 / 0.125
Money Multiplier = 8
Therefore, the money multiplier is 8.
d) To calculate the money the banking system will create, we can use the money multiplier and the new deposit amount:
Money Created = Money Multiplier * New Deposit
Money Created = 8 * $10,000
Money Created = $80,000
Therefore, the banking system will create $80,000 in new money.
Learn more about reserve ratio at https://brainly.com/question/30076175
#SPJ11
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
Learn more about Communication at:
brainly.com/question/25645043
#SPJ4
what is the most important aspect of planning and conducting a useful experiment?
In the above question, The most important aspect of planning and conducting a useful experiment is to ensure that the experiment is well-designed and executed properly.
This involves several key steps including:
Formulating a clear and testable hypothesis: The hypothesis should be clear and specific, with well-defined variables and a clear prediction of the expected outcome.Developing a detailed experimental design: The experimental design should be carefully planned, with controls in place to ensure that the results are valid and reliable.Collecting and analyzing data: Data should be collected systematically and accurately, with appropriate statistical methods used to analyze the results.Drawing valid conclusions: Conclusions should be based on the data collected and analyzed, with any limitations or weaknesses in the experimental design acknowledged.Replicating the experiment: Replicating the experiment can help to confirm the results and increase confidence in the findings.Overall, a well-designed and well-executed experiment can provide valuable insights into the relationship between variables and help to answer important scientific questions.
For more such questions on planning
https://brainly.com/question/29349981
#SPJ4
How does business generate income?
Hai!
This depends on the Type of Business.
If it is a Selling Business, they sell stuff to Earn Profit.
If its a Free Online Website/Game. They earn money by either in game purchases or Web Site purchases.
Milo, the owner, has determined that direct labor is the cost driver for all three categories of cost
Direct labour is the cost driver for all three categories of cost, according to Milo, the owner. True.
There are three different categories of cost factors: fixed costs, unit prices, and volume (Overhead). A common cost driver for assigning indirect expenses to manufacturing process output units is direct labour. Variable expenses This kind of cost fluctuates according to the requirements and use of the firm during the production process.
Fixed expenses Fixed costs are outlays that remain constant regardless of the volume of output. The direct reason of a cost is known as a cost driver, and it has an impact on the overall cost spent. For instance, if you need to figure out how much electricity was used during a specific time.
Learn more about direct labor Visit: brainly.com/question/29390449
#SPJ4
Correct Question:
State True or False : Milo, the owner, has determined that direct labor is the cost driver for all three categories of cost.
Which term is defined as a loan given to students to help pay for education-related expenses?
financial aid
scholarship
student loan
work-study
C. Student Loan
A scholarship is a discount, work study is a job that helps pay for your tuition, and financial aid is something that helps pay for your tuition. So student loan is really the only one that makes sense.
A student loan is defined as a loan given to students to help pay for education-related expenses. Thus, option C is the correct option.
What is a student loan?A student loan is a specific kind of loan intended to assist students in covering the costs of post-secondary education and related expenses, including tuition, books, and living costs. In comparison to other loan kinds, it could have a much cheaper interest rate and a delayed repayment plan while the borrower is still enrolled in school.
In many nations, there are significant differences in the stringent rules governing bankruptcy and renegotiation. This article identifies the variations in the student loan systems of different developed nations. The majority of American college students are eligible for federal student loans. Regardless of their own or their parents' salaries, students can borrow the same sum of money at the same rate.
Learn more about student loans here:
https://brainly.com/question/24501576
#SPJ2
Two modules validatecustomerid and registercustomer are unit tested individually. What kind of testing should be done to check whether registercustomer is calling validatecustomerid and validatecustomerid is called properly by registercustomer?
Two modules validate customer id and register customer are unit tested individually. Integration testing should be done to check whether register customer is calling validate customer id and validate customer id is called properly by register customer
Integration testing entails determines whether or not distinct modules perform well together.
Integration testing is a sort of software testing which involves merging of two or more modules to assess the flow between them.
Integration testing also ensures that the interactions between different software components which run smoothly and without difficulty.
Integration testing is a sort of software testing in which the various units, modules, or components of a software application are all evaluated together.
To know more about integration testing here:
https://brainly.com/question/13155120
#SPJ1
Gerritt wants to buy a car that costs $28,500. The interest rate on his loan is 5.47 percent compounded monthly and the loan is for 6 years. What are his monthly payments? $488.49 $465.23 $463.12 $474.97 $449.72
Gerrit's monthly payments for the car loan will be $465.23.
To calculate Gerrit's monthly payments, we can use the formula for the monthly payment of a loan:
Monthly Payment = P * (r(1+r)^n) / ((1+r)^n - 1)
where P is the principal amount (the car cost), r is the monthly interest rate, and n is the total number of payments.
Given:
Principal amount (P) = $28,500
Annual interest rate = 5.47%
Loan duration = 6 years
First, we need to convert the annual interest rate to a monthly interest rate:
Monthly interest rate (r) = (5.47% / 100) / 12 = 0.0547 / 12 = 0.00455833
Next, find the total number of payments (n):
n = 6 years * 12 payments per year = 72 payments
Now, we can plug these values into the formula:
Monthly Payment = 28,500 * (0.00455833(1+0.00455833)^72) / ((1+0.00455833)^72 - 1)
Monthly Payment = $465.23
Gerrit's monthly payments for the car loan will be $465.23.
to know more about monthly payments refer here
https://brainly.com/question/30664343#
#SPJ11
What is chick fil a stock?
Chick-fil-An is a private, family-possessed company and doesn't offer investment opportunities to general society.
Chick-Fil-A stock is not publicly traded and has no ticker image or stock cost. The company is privately possessed, with its equity shares split between the three children of the organizer Samuel Truett-Cathy. In this way, you can't buy Chick-fil-A stock on the equity shares.
Chick-fil-An is a US-based fast-food restaurant that was established by S. Truett Cathy in 1946 in Atlanta. It was originally run under the brand name Dwarf House and was known for its hamburgers and steaks. As of 2019, Chick-fil-A was operating 2,470 restaurants in the US, making it the third-largest fast-pecking order in the US, after McDonald's and Starbucks.
According to Forbes, Chick-fil-A's sales are more than half higher than Mcdonald's. Chick-fil-A's signature chicken sandwich makes it one of the most popular fast-food restaurants in the US; in fact, Chick-fil-A units are the most-visited fast food restaurant in 38 out of 50 states. It accomplished all this notwithstanding being shut on Sunday in observance of the pioneer's Christian faith.
to know more about equity shares click here:
https://brainly.com/question/21865758
#SPJ4
Since work packages provide the basis for future project
planning activities, they should be as detailed as possible.
a. True
b. False
Work packages provide the basis for future project planning activities, they should be as detailed as possible. The statement is a. True
Work packages serve as the foundation for project planning activities. They provide the necessary level of detail and specificity to ensure that tasks are well-defined and can be effectively executed. By breaking down project work into smaller, manageable components, work packages facilitate resource allocation, scheduling, and coordination. Detailed work packages enable project managers and team members to have a clear understanding of the scope, objectives, deliverables, and dependencies of each task. This clarity helps in estimating timelines, assigning responsibilities, and tracking progress.
Therefore, it is important for work packages to be as detailed as possible to support accurate planning and successful project execution. The statement is true.
For more details regarding work packages, visit:
https://brainly.com/question/31959925
#SPJ4
Open market operations target which of the following interest rates:
a. Discount rate,
b. Mortgage rate,
c. Treasury bonds rate,
d. Federal funds rate.
Open market operations (OMOs) target the Federal funds rate among the given options.
Explanation:
Open market operations (OMOs) is a monetary policy tool that involves the buying and selling of government securities in the open market by the Federal Reserve. OMOs aim to influence the supply of reserve balances held by commercial banks in the Federal Reserve System.
Banks require reserve balances to fulfill their reserve requirements and settle transactions between each other. By buying or selling government securities, the Federal Reserve can adjust the supply of reserve balances in the banking system, which, in turn, affects the short-term interest rates that banks charge each other for overnight loans.
The Federal Reserve conducts OMOs on a daily basis to help keep the Federal funds rate, the interest rate that banks charge each other for overnight loans of reserves, within its target range, which is currently 0.00-0.25%.
Therefore, open market operations target the Federal funds rate among the given options.
Know more about the open market operations click here:
https://brainly.com/question/29886606
#SPJ11
In the context of the equity theory, which of the following is an outcome of underpayment inequity? a. An employee will try to reduce his or her outcomes b. An employee will try to increase his or her inputs c. An employee is not likely to exert effort at work d. An employee's satisfaction level at work tends to increase e. An employee's valence tends to be positive
Thus, option c - an employee is not likely to exert effort at work - is the correct answer. When employees feel they are underpaid or not receiving fair treatment, it can negatively impact their job satisfaction, motivation, and overall well-being.
In the context of equity theory, underpayment inequity occurs when an employee perceives that their inputs (such as effort, skills, and experience) are greater than the outcomes (such as pay, benefits, and recognition) they receive compared to their peers. An outcome of underpayment inequity is that the employee is likely to try to increase their outcomes, either by negotiating for a raise or seeking out additional benefits. They may also feel demotivated and disengaged at work, leading to a decrease in their performance and effort. Thus, option c - an employee is not likely to exert effort at work - is the correct answer. When employees feel they are underpaid or not receiving fair treatment, it can negatively impact their job satisfaction, motivation, and overall well-being. It's essential for organizations to ensure that their compensation and benefits practices are fair and equitable to avoid underpayment inequity.
To know more about motivation visit:
https://brainly.com/question/31576376
#SPJ11
A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $5 million at the end of one year, $10 million at the end of two years, and $15 million at the end of three years. Option C will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option D will give the firm $21 million at the end of one year, nothing at the end of two years, and $9 million at the end of three years. Which of these options has the highest present value if the rate of interest is 5 percent
Answer:
The answer is "Option D".
Explanation:
Using the formula for calculating present value:
\(= \frac{Future \ value}{(1+r)^n}\\\\\)
that's why "Option D" is correct.
what is a partnership
what is subsistence farming
Being on time, which is expected in college, work, and society in general, is known as
Being on time, which is expected in college, work, and society in general, is known as punctuality. Being able to do a necessary work or fulfil an obligation before or at the time that was previously set is a sign of punctuality. On time and "punctual" are frequently used interchangeably.
Being late is an opposite personality attribute. Every culture has a common sense of what constitutes an appropriate level of punctuality. In most Western societies, being a few minutes late is often acceptable, although this is not the case for certain situations, such doctor's visits. Some cultures, such as those who use African time.
To learn more about punctuality, click here.
https://brainly.com/question/6664265
#SPJ1
our self-talk consists of words pictures and emotions. as we imprint our affirmations we
Self-talk is your inner voice or the way you speak to yourself. Although you almost probably are doing it without realizing it, you almost certainly are. In order to produce an internal monologue throughout the day, this inner voice mixes conscious thoughts with ingrained beliefs and biases.
What are the four categories of self-talk?Your inner discourse is known as self-talk.
Personalizing. You own all of the guilt for yourself.
Magnifying.
Catastrophizing.
Polarizing.
What are the five tiers of one's own self-talk?Helm Stetter outlines the "Five Levels of Self-Talk" (Negative Acceptance, Recognition and Need to Change, Decision to Change, The Better You, and Universal Affirmation) and offers advice on how to navigate each level for significant life changes.
To Know more about monologue
https://brainly.com/question/28265367
#SPJ1
All taxpayers can make tax payments using a direct debit from their bank account.
True
False
Answer:
false
Explanation:
many companies state their brand promise directly in words, using a short phrase called what
Answer:Many companies state their brand promise directly in words, using a short phrase called what? A. A warranty B. A customer mindset C. A corporate image D. A tagline
✓ D.
A company estimates that warranty expense will be 5% of sales. The company's sales for the current period are $206,000. The current period's entry to record the warranty expense is:
Multiple Choice
Debit Warranty Expense $10,300 credit Sales $10,300.
Debit Warranty Expense $10,300 credit Estimated Warranty Liability $10,300.
O
O
Debit Estimated Warranty Liability $10,300 credit Warranty Expense $5,380.
O
Debit Estimated Warranty Liability $10,300 credit Cash $10,300.
No entry is recorded until the items are returned for warranty repairs.
The correct entry to record the warranty expense for the current period would be:
Debit Warranty Expense $10,300
Credit Estimated Warranty Liability $10,300.
This entry reflects the recognition of the estimated warranty expense ($10,300) as an expense on the income statement (debit Warranty Expense) and the creation of a liability (credit Estimated Warranty Liability) to account for the potential future costs associated with fulfilling warranty claims.
Option A (Debit Warranty Expense $10,300, Credit Sales $10,300) is incorrect because warranty expense should not be directly offset against sales. It is recognized as a separate expense.
Option C (Debit Estimated Warranty Liability $10,300, Credit Warranty Expense $5,380) is incorrect because it does not properly reflect the estimated warranty expense of 5% of sales.
Option D (Debit Estimated Warranty Liability $10,300, Credit Cash $10,300) is incorrect because cash is not involved in recording the warranty expense.
The correct entry is to debit Warranty Expense and credit Estimated Warranty Liability, reflecting the estimated expense and the associated liability.
know more about warranty expenses.
https://brainly.com/question/30431480
#SPJ11
A licensee lists a home knowing the seller capped a fuel oil tank and then filled it with sand. Does the licensee need to disclose this information to potential buyers?
Yes, but only if the buyer asks about the tank
Yes, because it could affect the buyer’s use of the property
NO, because there is no duty owned to a buyer
No, because the seller said the tank was no longer being used
The licensee need to disclose this information to potential buyers Yes, but only if the buyer asks about the tank
Which three listing types are most prevalent?There are three different kinds of real estate listing contracts: open listing, exclusive agency listing, and exclusive right-to-sell listing. The listing agreement is not a real estate transaction, but a contract for employment: Although the broker is employed to represent the seller, no real estate is exchanged between them.
A listing agreement contains what exactly?the owner's and the agent's names, addresses, and phone numbers. the length of time the property will be up for sale. The cost of the property as it is listed. the kind of listing contract being signed.
To know more about licensee visit:-
https://brainly.com/question/30076895
#SPJ1
There are exceptions to the privity of contract rule. A contract, which is an exception to the privity of contract rule, is: Select one: a. An agreement where Neil promises to landscape the premises surrounding an office tower. b. A contract where the insurer promises coverage should the insured suffer a fatal injury.
c. A contract which involves Jones providing snow removal services to OJ Restaurants Ltd. in exchange for payment. d. An agreement where Somar purchases a snow blower from Ace Hardware for $400.
There are exceptions to the privity of contract rule. A contract, which is an exception to the privity of contract rule, is a contract where the insurer promises coverage should the insured suffer a fatal injury. (option.b)
Privity of contract rule is the principle that only parties to a contract have rights and obligations under the contract, and a third party cannot sue or be sued under the contract's terms. This doctrine has been codified in several states' Uniform Commercial Codes.
However, there are some exceptions to this rule, such as insurance policies, assignments of contract rights, and trusts. Therefore, a contract that is an exception to the privity of contract rule is a contract where the insurer promises coverage should the insured suffer a fatal injury.
This is because an insurance contract is one of the few types of contracts in which a third party (the beneficiary) has enforceable rights and can sue for non-performance by the insurer. Therefore, the correct option is b.
To know more about contract rule refer here: https://brainly.com/question/32713418#
#SPJ11
A large retailer obtains merchandise under the credit terms of 1/10, net 40, but routinely takes 50 days to pay its bills. (Because the retailer is an important customer, suppliers allow the firm to stretch its credit terms.) What is the retailer's effective cost of trade credit? Assume a 365-day year. Do not round intermediate calculations. Round your answer to two decimal places.
If a large retailer obtains merchandise under the credit terms of 1/10, net 40, but routinely takes 50 days to pay its bills. The retailer's effective cost of trade credit assuming a 365-day year is 9.60%.
Effective Cost of Trade CreditUsing this formula
Effective Cost of Trade Credit = {1+(D/100-D)}^ (365 / Days after Discount Period) -1
Let plug in the formula
Effective Cost of Trade Credit = [1 + ( 0.01 /0.99 ) ] ^[ 365 / (50−10)]−1
Effective Cost of Trade Credit = [1 + ( 0.01 /0.99 ) ] ^[ 365 / (40)]−1
Effective Cost of Trade Credit =1.096046171−1
Effective Cost of Trade Credit = 096046171 × 100
Effective Cost of Trade Credit = 9.60%
Therefore the 9.60% is the effective Cost of Trade Credit.
Learn more about Effective Cost of Trade Credit here: https://brainly.com/question/18648957
#SPJ1
The graph represents price and output quantities under a monopoly. What price will the monopolist firm set? A. $5 B. $10 C. $15 D. $20
The correct answer is C.
A monopoly is a market structure where a single firm serves the whole demand of a specific good or service. It does not face competitors, therefore, such firm has absolute market power to decide the price charged for its products.
So, the monopoly is able to charge a higher price than in a perfect competition scenario where the price would be set at the intersection betweeen the demand function and the marginal cost function.
Instead, the quantity sold in the monopoly (q*) is determined by the intersection of the marginal revenue and marginal cost curves, and the monopoly price is computed by substituting q* in the expression of the demand function (because the demand function relates price and quantity).
The result is 15$ as the picture shows.
Answer:
Its C. $15
Explanation:
shop its made by me clothing! 25% off every purchase for limited time!! shop now!
Ok I will shop there
What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?
Low, high levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.
Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.
To learn more about investing, click here.
https://brainly.com/question/15353704
#SPJ1
The movement of parts from one area of the factory to another is considered a value-added activity whereas the storage of raw materials is considered a non-value activity.
Answer:
TRUE
Explanation:
Value can be defined as the thing for which an customer is willing to pay the price. It is the activity on any shop floor or business for delivering the product or service to the customer for which the customer is ready to pay the price for it.
If the customers does not wish to pay the price, then there is no value.
So inside a factory, in a shop floor, moving a part from one place to another for making a product that the customer is willing to pay is a value added activity. But excess movement or transportation of product does not any value to it, it is then considered as a waste.
Also storing of products is a non value activity as storing a product will not help the customer in any way and a customer will not pay for a product when it is stored and is of no use to the customer.
In the accounting equation, assets are equal to which two things?
A. Debits + equity
B. Debits + accounts
C. Liabilities + equity
D. Liabilities + accounts
Please select the best answer from the choices provided
A
B.
OOOO
С
D
Answer:
C. Liabilities + equity
Explanation:
Edg 2021 ...
Hoi Chong Transport, Ltd. Operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 125,000 kilometres during a year, the average operating cost is 12.520 cents per kilometre. If a truck is driven only 90,000 kilometres during a year, the average operating cost increases to 16.5 cents per kilometre. (The Singapore dollar is the currency used in Singapore.)
Answer:
The total cost will be "$1,279,286.25".
Explanation:
The total cost at 125000 Km will be:
\(=125000\times 12.520\)
\(=1,565,000\) ($)
The total cost at 90000 Km will be:
\(=90000\times 16.5\)
\(=1,485,000\) ($)
The variable cost will be:
\(=\frac{(1,565,000 - 1,485,000)}{(125000 -90000) }\)
\(=2.28571\) ($)
Now,
Fixed cost = \(Total \ cost -variable \ c ost\)
= \(1,565,000 - 125000\times 2.28571\)
= \(1,279,286.25\) ($)
Utilitarianism is an approach to ethics that means. A. Fairness is the fundamental aspect of ethical conduct and people in a dispute should look at the situation outside of their own interests in the outcome to decide what is right. B. Journalists often face conflicts among ethical principles in the course of their work and must often make difficult decisions. C. Whatever does the most good for the most number of people is best. D. Not all ethical precepts can be applied in all situations, but they do provide useful guidelines for media professionals in their behavior.
Answer:
C. Whatever does the most good for the most number of people is best.
Explanation:
Utilitarianism (utilitarian ethics) can be defined as a theory of morality or ethical theory that typically involves engaging in actions that facilitate pleasure, joy or happiness while completely opposing any action capable of causing harm and unhappiness.
Basically, utilitarianism (utilitarian ethics) considers an action to be right or morally correct if it produces genuine happiness or joy in the mind of a large number of people in an organization, group or society.
The three (3) main principles (axioms) of utilitarianism (utilitarian ethics) include the following;
I. The only thing with an intrinsic value is pleasure or happiness.
II. If an action promotes happiness or pleasure, then it is right; it is wrong if it causes harm or unhappiness (sadness).
III. The happiness of everyone in a group or society should count equally.
This ultimately implies that, utilitarianism is a philosophical approach to normative ethics that means whatever does the most good for the most number of people is best.
Payroll records show employee earnings and any deductions from those earnings.
True
False