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Lady_Fox [76]
2 years ago
8

Suppose your grandma sends you $100 for your birthday and you deposit $100 into your checking account at the local bank. The res

erve ratio is 10%. Based upon this deposit, the bank's reserves have increased by _____ and the bank's checkable deposits have increased by _____. a $100; $90 b $10; $100 c $100; $100 d $110; $100 e $90; $100
Business
2 answers:
balu736 [363]2 years ago
6 0

Answer:

e. $90; $100

Explanation:

krok68 [10]2 years ago
5 0

Answer:

e. $90; $100

Explanation:

The reserve ratio also known as cash reserve ratio is the portion of deposit that commercial banks must hold onto, rather than lend out or invest. It is determined by the central bank of a country and it varies.

Deposit into local bank=$100

Reserve ratio=10%

reserve ratio=10% of $100

=10/100×$100

=0.1×$100

=$10

Bank reserve has increased by $100 - $10

=$90

Checkable deposit has increased by $100 dollars deposited.

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Cass & Company has the following data. How many days is the firm's cash conversion cycle? Inventory conversion period = 50 d
Savatey [412]

Answer:

42 days

Explanation:

Given that

Inventory conversion period = 50 days

Average collection period = 17 days

Payable deferral period = 25 days

Now The computation of the cash conversion cycle is shown below:

The cash conversion cycle = Inventory conversion period + Average collection period  -  Payable deferral period

= 50 days + 17 days - 25 days

= 42 days

6 0
2 years ago
Brian wants to conduct an online search with a certain phrase. He intends to use the words business strategies that were adopted
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he should type the whole phrase into a search engine and have quotation marks

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2 years ago
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Roberta is a customer service representative at a car rental company. Read the passage. Which actions might lead to increased cu
pochemuha

Answer:

Training

Explanation:

Learning within a workgroup is the only way to improve performance. An outstanding representative as Roberta needs to transfer her skills to the rest of the team. One strategy to accomplish that is naming her as responsible for on-board training for the new teamates.

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3 0
2 years ago
____________ negotiate with one another, buy and sell products and facilitate the change of ownership between buyer and seller i
Arada [10]

Answer:

Intermediaries

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5 0
2 years ago
LO 3.4If the sales mix in a multi-product environment shifts to a higher volume in low contribution margin products, the break-e
kompoz [17]

Answer:

Option 1 is wrong because in the case of multi-product, breakeven is weighted average which means the sales price will weighted average of sale prices of all the multi-products in the sales mix. If we change the weightings the weighted average costs and selling prices changes and so the contribution changes.

Option 2 is also sligthly wrong because Contribution margin per composite unit decreases if the volume of low contribution margin products increases in the sales mix. This means:

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Option 3 is 100% right because equation 1 is

Breakeven Point=Fixed Cost/ Contribution per unit

Which says

If the contribution per unit has been decreased the breakeven will rise.

Option 4 is absolutely wrong because if we shift to higher volume in low contribution margin products, Contribution margin per composite unit decreases if the volume of low contribution margin products increases

which means Weighted average contribution has been decreased and as a result breakeven point according to equation 1 has been incresed.

5 0
2 years ago
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