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zaharov [31]
2 years ago
14

Refer to the accompanying table. if a bank has $60 million in savings deposits and $40 million in checkable deposits, then its r

equired reserves are
Business
1 answer:
mrs_skeptik [129]2 years ago
6 0

I'll say 20 percent im not complete sure if i am you should end up with

92000000

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Ano ang pagkakapareho ng mga katangiang pisikal na matatagpuan sa pilipinas ayon sa nabsang teskto?
vladimir1956 [14]
Nasaan ang teksto na hindi ko masasagot ang iyong katanungan nang wala ang teksto
7 0
2 years ago
Analyzing and Determining Liability Amounts
EastWind [94]

Answer:

a) $250,000

b) Zero

c) $6,100

d) $47,500

Explanation:

a) Bloomington owes $250,000 at year-end 2016 for inventory purchase.\

This relates to account payable and the amount to be reported as liability as at year-end 2016 is $250,000.

b)Bloomington agreed to purchase a $31,000 drill press in January 2017.

No liability will be recognized at year-end because the entity has no present obligation as there is no legal or constructive responsibility to pay $31,000. What occurred is just an agreement that can be altered.

c) During November and December of 2016, Bloomington sold products to a customer and warranted them against product failure for 90 days. Estimated costs of honoring this 90-day warranty during 2017 are $6,100.

The entity will recognized $6,100 as warranty payable as the entity has a present obligation as at year-end 2016 to compensate the customer.

d)Bloomington provides a profit-sharing bonus for its executive equal to 5% of reported pretax annual income. The estimated pretax income for 2016 is $950,000. Bonuses are not paid until January of the following year

The entity will report 5% of $950,000 ($47,500) as liability at year-end 2016 as the the entity has a present obligation to settle its executive.

7 0
2 years ago
Claire is 25 years old. She owns an editorial services firm. The average age of her employees is 30. Claire prefers to hire new
Grace [21]

Answer:

In the given scenario, the age discrimination that Claire displays could be because she believes that:

B) older workers are not interested in learning new things.

Explanation:

A manager is someone who controls and manages the resources in a company, firm or an organization. A major management role is the hiring of new employees. Employees form the backbone of any company, the type of employees that constitute an organization are always determine if the business will be a success or a failure. Hiring employees should be taken very seriously to ensure that their qualities are in line with the organizations goals and ambitions.

In the case above, Claire who owns an editorial services firms uses age discrimination criteria to hire her employees. This is evident by the fact that the average age of her employees is 30, meaning they are still considered youths since they are under below 35 years of age. Most managers like Claire use such tactics in hiring due to their personal beliefs. Some age discrimination hiring strategies are used because the hiring managers feel like older workers are usually not interested in learning new things.

5 0
2 years ago
It's Saturday night; you are planning to go to a friend's house to hang out. Before you leave, you have a heated argument with y
arlik [135]

Answer:

One reason is speeding in those "heated situations" we tend to go faster than normal trying to escape or forget the problem at hand or putting it behind you

Second reason is driving aggressive when your upset you tend to “take your wrath” out on people who cut you off or don’t use their turn signals or push you

The third reason would be not seeing clearly. Your emotions impact your everyday life so whenever you are in one of those heated situations make sure to calm yourself down first before doing anything.

Explanation:

6 0
2 years ago
The environmental protection agency of a county would like to preserve a piece of land as a wilderness area. The current owner h
charle [14.2K]

Answer: The answer is given below

Explanation:

Here , we are going to apply the present value of annuty formula.

a. Social Opportunity cost = $1.1 Million

The Yearly cash flows = $110,000

Time (n) = 20 years

The Discount rate (R) = 4%

Net benefits= Present value of cash inflows - the intial socail opportnity cost

Net benefits= Yearly cash flow × (1 - 1/(1+R)^n) / R - 1100000

Net benefits = 110000 × (1 - 1/1.04^20)/0.04 - (1100000)

= $394936

b. We will use the formula for present value of an annuity with the growth rate in benefits as 2 percent.

Firstly, dg= (0.04 - 0.02)/ (1+0.02)

= 0.01961

PV(benefits) = [($110,000)÷ (1+0.02)][1-(1+dg)-20]/dg]

= $1,770,045

NPV = $1,770,045 - $1,100,000= $670,045

7 0
2 years ago
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