Answer:
The correct answer is then it has required reserves of $110 and holds excess reserves of $190.
Explanation:
According to the scenario, computation of the given data are as follows:
Total deposit = $1,000 + $100 = $1,100
So, we can calculate the total reserve required by using following formula:
Total reserve required = 10% × Total deposit
= 10% × $1,100 = $110
And Previous excess = $100
Current access = $90
So, Excess reserve = Previous excess + Current access
= $100 + $90
= $190
The ans is a balanced sheet it the only acounting document that categorizes data
Could be a lot of things like;
Replaceable
Necessities
Long Lasting
Answer:
They Developed on-the job training and learning. They used the plant to train their employees at the same time the plant is fully operational and employees are training too.
Explanation:
Effective gross income = Total Potential income-Expenses- management fees
Total potential income = gross rental income + vending receipts- gross rental income vacancy
gross rental = $145000
vending receipts = $5000
rental vacancy = $7250
total potential income = $142,750
Expenses = taxes+insurance +maintenance + utilities + repairs +legal fees
Expenses = $40,000
management fee = (total potential income- expenses) x.04
management fee = $4110
gross effective income = $142750-$40000-$4110
= $98640
