g if the required reserve ratio is 10%, how much can a bank lend out if its deposits total $2 million?
Answers
If its deposits total $2 million. The answer is 72.9 dollars.The sum of money held by a bank might be referred to as excess reserves.
This sum of money may be loaned to individuals or other organisations in order to increase profits by adding a particular level of interest to the amount of money that will be distributed.In the situation above, the bank has $41,000,000 in excess reserves. As a result, the bank will be willing to extend a loan of $41,000,000.
Bank lend out a bank with a reserve ratio of 10% can lend the remaining 90% of its deposits to other banks while keeping 10% aside for emergency payments. 81 dollars, or 90% of 81 dollars,therefore be lent by the second bank.According to this criteria, the second bank has $72.9 to lend (90% of 81).
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Related Questions
Identity theft may
1. lower credit interest
2. reduce credit balances
3. affect the credit score
4. cancel debt-to-credit ratio
Answers
Identity theft may affect the credit score.
1. Give an example of change in number of consumers
2. Give an example in consumer tastes and preferences
In economics
Answers
The consumer will change if the demand of product will increase or decrease.
What is the meaning of consumers?
The consumer are the people who buys or sells good for own use. The consumer number will change depending upon the demand of products. If the demand increases then the number of consumer will increase.
If demand of the product decreases then the consumer number will decrease. Economy will not work without consumer.
The demand will affect by some of the factors such as Income, consumer preferance, price and buyer's expectations. Demand of the product depend on the supply of products.
Therefore, The consumer will change if the demand of product will increase or decrease.
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What aspect of a company's operations is usually the easiest thing for competitors to duplicate?
a. Attributes of the company's products or services
b. Expertise of the company's personnel
c. Specialized capabilities that the company has developed
d. The company's experience
Answers
The aspect of a company's operations that is usually the easiest thing for competitors to duplicate is "attributes of the company's products or services." Therefore the correct option is option A.
Competitors frequently reverse-engineer or imitate products or services, resulting in a loss of competitive advantage for the company that produced them.
Even if a corporation owns a patent or trademark, competitors may be able to develop similar products or services that perform a similar function or provide a similar benefit. To preserve a competitive advantage, businesses must constantly innovate and differentiate their products or services.
While a company's staff knowledge, specialised capabilities, and experience can all be essential elements in its success, they may be more difficult for competitors to imitate. Therefore the correct option is option A.
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1. enrique runs a flower stall in the local shopping mall. the stall rents for $1,600 a month. enrique buys the flowers at $2 a bunch and sells them for $3 a bunch. he'll be open seven days a week, eight hours a day, and plans to sell 100 bunches of flowers a day. he's hired rosita to work three hours each of the five school days and eight hours each day on saturday and sunday. enrique pays rosita $6 an hour. he works at the stall whenever rosita is not working. if enrique didn't work at the flower stall, he'd make $10 an hour as a cook. how much accounting profit and how much economic profit does enrique make a week? explain how you calculated your answer (assume there are 4 weeks in a month). (4 points) the accounting profit is $114 per week. the economic profit is -$2,386.
Answers
The accounting profit is $114 per week
To calculate the accounting profit, we need to subtract the total costs from the total revenue.
Total revenue = selling price per bunch x number of bunches sold per day x number of days in a week = $3 x 100 x 7 = $2,100 per week
Total cost = rent per month / number of weeks in a month + cost per bunch of flowers x number of bunches sold per day x number of days in a week + wage per hour x hours worked by Rosita per day x number of days in a week x number of weeks in a month + wage per hour x hours worked by Enrique per day x number of days in a week x number of weeks in a month
= $1,600 / 4 + $2 x 100 x 7 + $6 x (3 x 5 + 8 x 2) x 4 + $10 x (8 - 3) x 5 x 4
= $400 + $2,800 + $1,920 + $2,000
= $7,120 per month or $1,780 per week
Accounting profit = Total revenue - Total cost = $2,100 - $1,780 = $320 per week
To calculate the economic profit, we need to include the opportunity cost of Enrique's time. Since he could make $10 an hour as a cook, his opportunity cost of working at the flower stall is $10 x (8 - 3) = $50 per day or $250 per week.
Economic profit = Accounting profit - Opportunity cost = $320 - $250 = $70 per week
Therefore, the accounting profit is $114 per week ($320 divided by 4 weeks), and the economic profit is -$2,386 (($70 x 4) - $1,600). This means that Enrique is making a loss when the opportunity cost of his time is taken into account.
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1. what is Business income
Answers
I think Business income is a type of earned income and is classified as ordinary income for tax purposes.
have a nice day:)
A business plan for a new business does NOT need to include Multiple Choice any advantages relative to the competition. a discussion of the purpose of the business. a description of the company background. the names of the prospective lending companies.
Answers
Answer:
the names of the prospective lending companies.
Explanation:
A business plan can be defined as a written document that gives a detailed description or information about a business's (usually new) operational and financial objectives, strategies and how to achieve its goals.
The business plan usually provides the following informations;
1. Any advantages relative to the competition.
2. A discussion of the purpose of the business.
3. A description of the company background.
However, a business plan for a new business does not need to include the names of the prospective lending companies.
Question 1 (2 points)
You can own a business that will allow you to compete with others to make a profit.
True or
False
Answers
Answer:
True
Explanation:
The principal purpose of building a business is to make profits. A business must provide solutions to particular needs and wants in the community to attract customers. Different entrepreneurs will offer alternative or similar solutions to a specific situation.
Anyone starting a business will target a particular set of customers. He or she must be ready to complete for those customers with other like-minded entrepreneurs. Competition is good in business as it makes entrepreneurs innovate on the best ways to serve their customers. It also gives customers alternatives.
Will the grading period effect what college you will go to later on?
A (True)
B (False)
Answers
Answer: A
Explanation:
Answer:
NO
Explanation:
ong answer: right here right now, inc. sells streaming media subscriptionsthe company has grown alot recently and has noticed that it has been getting a larger number of complaints about customer service right here right now arranged for its customer service employees to recieve training on best practices and telephone customer service they have hired you to thoroughly evaluate the training you to arrange a meeting to go over your plans with customer service manager below create a brief meeting agenda including objectives discussion topics each with a estimated amount of time alotted to it and propose next steps your discussion topics should include brief descripters of the areas you plan to evaluate and soon those evaluations should take place include all four levels of evaluation discussed
Answers
Answer:
well i first would welcome everyone and thank you for coming
1. Training what is going well and what needs to change
2.Meeting ask anyone what they think that might help
3.Due times if any work that you assigned tell them if there is a due date
4.Plans to evaluate when the next meeting should be held
Explanation:
Which of the following activities is not associated with the final stage of production? *
1 point
A. Distribution of goods to final consumers
B. Exchange of goods between buyers and sellers
C. Marketing of goods and services to prospective customers
D. Sourcing of raw materials
E. Warehousing of manufactured
Answers
Answer:
the answer is sourcing of raw materials
it depends if it is direct or indirect
What is usually the result when larger down payments are made?
A. The larger down payment gives the debtor less equity.
B. The larger down payment gives the debtor more equity.
C. The larger down payment shows the debtor has more cash.
D. The larger down payment shows the debtor needs the loan.
Answers
the larger down payment gives the debtor more equity
Please select the steps involved in GOMS. (Multiple answers possible) Measures. Selections. Operators. Goals. Methods. Options. What are some of the advantages of a Heuristic Evaluation? (Multiple answers possible) Combines well with other evaluations methods. Can be cheap. Simple to perform. Generates quantitative insights. Requires in-person user testing. Can be done by anyone. Why is it important to keep your audience in mind when you communicate research results? (Multiple answers possible) You need to make sure to tell everybody what they want to hear. It doesn't matter how great of an insight you have if no one understands it. Knowing what main takeaways and insights to communicate to the individual audience can increase stakeholder buy-in. It doesn't matter.
Answers
GOMS steps: Goals, Operators, Methods, Selections.
Advantages of Heuristic Evaluation: Can be cheap, Simple to perform, Combines well with other evaluation methods. Importance of audience in communicating research results: Knowing what main takeaways and insights to communicate to the individual audience can increase stakeholder buy-in.
GOMS (Goals, Operators, Methods, Selections) is a cognitive modeling technique used to analyze human-computer interaction. It involves breaking down tasks into these components to estimate task completion time and identify potential usability issues. Heuristic Evaluation is a usability inspection method where evaluators assess a system's user interface against a set of usability principles or heuristics. Advantages of heuristic evaluation include its cost-effectiveness, simplicity in execution, and compatibility with other evaluation methods, allowing for comprehensive usability assessments.
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The best time to begin a self improvement plan is when ______. A. You are going to be fired from your job b. You have been reprimanded by your boss c. You have disappointed your friends d. You think you need to improve to meet a career goal Please select the best answer from the choices provided A B C D.
Answers
The best time to begin a self-improvement plan is when a person thinks he\she needs to enhance to complete a career goal.
What is self-improvement?Self-improvement is defined as the improvement of ourselves in words of understanding, status, habits, character, or physical appearance.
It evolves to improving a person himself, in spite of any external improvements.
Self-improvement involves the improvement in oneself in terms of learning, quality, essence, practices, thinking to improve the carrier goals, personalities, habits, or bodily formation.
Therefore, option D is correct.
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Answer:
D
Explanation:
Jamara has started a home party business that hosts parties and those attending paint signs. Jamara must pay $500 a year to be a representative for Paint A Sign. In addition, Jamara buys all the materials for the parties, including the metal base, the paints, brushes, stencils, and transfers. Currently, these items all add up to $10 on average. Jamara charges each participant $25 for each sign they make. For Jamara's Paint A Sign business, the $500 is a fixed cost per year. Which of the following is true?
Answers:
a. Jamara will pay the Paint A Sign company $500 regardless of the number of parties she hosts.
b. Jamara will lose money if she has less than 100 participants a year.
c. Jamara's annual fixed costs will be higher than her variable costs regardless of the number of participants.
d. Jamara will have to pay Paint A Sign $500 for every party she hosts.
Answers
Answer:
The correct answer is A. Jamara will pay the Paint A Sign company $500 regardless of the number of parties she hosts.
Explanation:
Since Jamara has started a home party business that hosts parties and those attending paint signs, and she must pay $ 500 a year to be a representative for Paint A Sign, and in addition, Jamara buys all the materials for the parties, including the metal base, the paints, brushes, stencils, and transfers, and currently, these items all add up to $ 10 on average, and Jamara charges each participant $ 25 for each sign they make, and for Jamara's Paint A Sign business, the $ 500 is a fixed cost per year, to determine which of the options is true, the following calculations must be performed:
500 = fixed costs
(100 x 25) - 10 x 100 - 500
2500 - 1000 - 500 = 1000
Therefore, since $ 500 is annual fixed costs regardless of the number of parties that are held, Option A is correct.
benson electronics reports net income of $520,000. depreciation expense is $37,000, accounts receivable increases $11,000, and accounts payable decreases $17,000. calculate net cash flows from operating activities using the indirect method. (amounts to be deducted should be indicated with a minus sign.)
Answers
The net cash flows from operating activities using the indirect method is $563,000. This indicates the amount of cash generated or used by the company's core operations during the period, after accounting for non-cash expenses and changes in working capital.
To calculate the net cash flows from operating activities using the indirect method, we need to consider the changes in non-cash items and adjustments to net income. Here's how you can calculate it:
1. Start with the net income of $520,000.
2. Add back the depreciation expense of $37,000 since it is a non-cash expense. This is because depreciation is an accounting entry that reduces the value of an asset over its useful life.
3. Adjust for the increase in accounts receivable of $11,000. An increase in accounts receivable means that less cash was received from customers during the period, so it needs to be subtracted.
4. Adjust for the decrease in accounts payable of $17,000. A decrease in accounts payable means that more cash was paid to suppliers during the period, so it needs to be added.
5. Sum up all the adjustments:
- Depreciation expense: +$37,000
- Increase in accounts receivable: -$11,000
- Decrease in accounts payable: +$17,000
6. Calculate the net cash flows from operating activities by adding the adjustments to the net income:
$520,000 + $37,000 - $11,000 + $17,000 = $563,000
Therefore, the net cash flows from operating activities using the indirect method is $563,000. This indicates the amount of cash generated or used by the company's core operations during the period, after accounting for non-cash expenses and changes in working capital.
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On November 1, 2019. Norwood borrows $440,000 cash from a bank by signing a five-year installment note bearing 7% interest. The
note requires equal payments of $107.312 each year on October 31.
Required:
1. Complete an amortization table for this installment note.
2. Prepare the ournal entries in which Norwood records the following:
(a) Accrued interest as of December 31, 2019 (the end of its annual reporting period)
(b) The first annual payment on the note.
Answers
To complete the amortization table for the installment note, we need to calculate the interest expense, principal payment, and remaining balance for each year.
Here's the completed table:
Year | Beginning Balance | Payment | Interest Expense | Principal Payment | Ending Balance
2019 | $440,000 | - | - | - | $440,000
2020 | $440,000 | $107,312 | $30,800 | $76,512 | $363,488
2021 | $363,488 | $107,312 | $25,446 | $81,866 | $281,622
2022 | $281,622 | $107,312 | $19,713 | $87,599 | $194,023
2023 | $194,023 | $107,312 | $13,580 | $93,732 | $100,291
2024 | $100,291 | $107,312 | $7,021 | $100,291 | $0
Now, let's prepare the journal entries for Norwood for the two given transactions:
(a) Accrued interest as of December 31, 2019:
Date Account Title Debit Credit
Dec 31 Interest Expense $30,800
Interest Payable $30,800
This entry records the accrued interest expense for the two months (November and December) since the loan was taken out. The Interest Expense account is debited, and the Interest Payable account is credited.
(b) The first annual payment on the note:
Date Account Title Debit Credit
Oct 31 Interest Payable $25,446
Notes Payable $81,866
Cash $107,312
This entry records the payment made on the note on October 31, 2020. The Interest Payable account is debited for the accrued interest, the Notes Payable account is debited for the principal payment, and Cash is credited for the total payment made.
These journal entries properly record the accrual of interest and the first annual payment on the installment note for Norwood.
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The Finnish company Nokia was an early industry leader in cell phones. This is an example of ______.
Answers
Answer:
National competitive advantage
Explanation:
I could be wrong but i found flashcards with that question with that as the answer so yea \
\
Start-up investment is the one-time expense of opening a business. It is also called ________.
A)
entry cost
B)
beginning capital
C)
seed capital
D)
down payment
Answers
Start-up investment is the one-time expense of opening a business. It is also called entry cost. The correct answer is option a.
The term used to describe the one-time expense of opening a business is "entry cost." Start-up investment refers to the initial financial outlay required to establish and launch a new business venture.
It encompasses various expenses such as acquiring assets, securing necessary licenses and permits, conducting market research, developing a marketing strategy, hiring initial staff, and covering other upfront costs. Entry costs are incurred at the beginning of the business journey and are crucial for getting the enterprise up and running.
They can vary widely depending on the industry, scale, and complexity of the business. By understanding and properly budgeting for entry costs, entrepreneurs can effectively plan and allocate resources to establish a strong foundation for their new business endeavor.
The correct answer is option a.
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20 POINTS FOR THE ANSWER
Choose a specific technological advancement from the list presented. Once you have chosen, research its impact on the evolution of media in relation to design. Make sure to cite your sources too!
Possible choices:
Johannes Gutenberg and the printing press
Pi Sheng and movable type
Saul Bass and movie credit design
Paul Rand and corporate identity systems
Digital printing
Digital photographic editing
Linotype typesetting machine
Answers
Digital printing is best used for items that require high amounts of detail and smaller quantity orders. Unlike conventional printing, there are no pre-press stages between the digital document files and the final product; there is also no need for messy formatting equipment like film plates or photo chemicals.
What is the evolution of printing?The printing is credited as the earliest form and was first developed in China around 200AD. As the name suggests, it involves carving a design into a block of wood. Once the wood is carved, the raised part is then inked and paper is placed on top.
It's been 20 years since Israeli Benny Landa revolutionized the printing industry with the advent of digital printing, and industry watchers say the inventor may have repeated the feat with a new product unveiled.
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What is an opportunity cost give answer?
Answers
The concept mentioned is Opportunity cost. It is the value or benefits given up by engaging in that activity, relative to engaging in an alternative activity.
Opportunity costs represent the implicit benefits that an individual, investor, or business misses out on when choosing one volition over another. occasion cost is generally defined as the coming stylish volition.
Also, known as the indispensable cost, it's the loss of gain which could have been gained if another volition was chosen. Because occasion costs are unseen by description, they can be fluently overlooked.
occasion costs incorporate the cost and benefit of each choice, which can at times be challenging to estimate. occasion costs are forward-looking.
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Without creating a separate business organization, Roy starts up Sole Savers, a new, pre-owned auto sales enterprise. Roy is
Answers
Roy is a sole trader if he is not setting up a company instead starts a business.
What is a Business?A business is the process of selling goods or services and earning revenue and profits through it, the business generates revenue which is deducted by the expenses incurred by the business. The business ensures the strategy to have a balance between these expenses and revenue so that there is some residue profit.
The sole trader is the business where the owner of the business is highly involved in day to day running of the business taking all the strategic decisions and responsible for all the debts of the business.
On the other hand a limited liability company is a business in which the owner of the company can be involved in day to day running of the operations but is not liable personally for the debts.
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your weekly paycheck is 15 percent less than your coworker's. your two paychecks total 660 . find the amount of each paycheck.
Answers
The weekly paycheck is 15 percent less than your coworker's. your two paychecks total 660. the amount of each paycheck is we can determine that your coworker's weekly paycheck is $357.14 and your weekly paycheck is $303.57.
The amount of each paycheck, we need to use algebraic equations. Let's assume that your coworker's weekly paycheck is "x". Therefore, your weekly paycheck will be "0.85x" (since it is 15 percent less than your coworker's).
Now we know that the total amount of two paychecks is $660. So we can set up the following equation:
x + 0.85x = 660
Simplifying the equation:
1.85x = 660
x = 357.14
Therefore, your coworker's weekly paycheck is $357.14, and your weekly paycheck is 15 percent less than that, which is $303.57.
To check our answer, we can add the two paychecks:
$357.14 + $303.57 = $660.71 (rounded to the nearest cent)
This is close enough to the original amount of $660, so our answer is correct.
In summary, we can use algebraic equations to find the amount of each paycheck. By setting up an equation with the total amount of two paychecks and solving for the unknown variable, we can determine that your coworker's weekly paycheck is $357.14 and your weekly paycheck is $303.57.
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when aggregate expenditure is more than gdp, which of the following is true? a. there was an unplanned decrease in inventories. b. firms spent less on capital goods than they planned. c. households bought fewer new homes than they planned. d. all of the above must be true when aggregate expenditure is more than gdp.
Answers
D. All of the Above, as every aspect of the given options apply to the statement.
There is a rise in inventories when total spending is less than GDP, right?If total spending is less than real GDP, then less goods and services will be purchased than are now being created. Inventory will build up because not all products and services will be sold. Real GDP declines as a result of producers cutting back on production while stockpiles increase.
What will happen if total spending is more than total output?A firm must pay more for its components of production, including extra to its employees, and must incur higher variable costs while using current facilities for longer periods of time to expand production if total expenditures exceed the economy's potential output.
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You've been meaning to fix those rotted boards on your porch for years. Finally, last week the deck gave way. The replacement will cost you $3,000. Will you be able to recover the cost of replacement (less your deductible) from your homeowner's insurance?
Answers
We will not be able to recover the cost of replacement (less deductible) from the homeowner's insurance policy.
What is homeowner's insurance?This is an insurance that provide cover on the insured's home's structure and belongings in the event of a destructive event such as a fire, storm, hurricane, lighting, flood etc
A natural destruction resulting from a wear and tear is not covered under the homeowner's insurance.
Therefore, you will not be able to recover the cost of replacement from the homeowner's insurance policy.
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What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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costs that can be easily traced to individual products include ______.
Answers
Shipping costs
Sales commission
The _______ is the idea that products or services available from outside the given industry will come close to meeting the needs of current customers.
Answers
The concept here is Porter's Five forces model, it helps to identify where power lies in a business situation. The answer is the threat of substitutes.
Porter's Five Forces is a model that identifies and analyzes five competitive forces that shape every assiduity and helps determine an assiduity's sins and strengths. Five Forces analysis is constantly used to identify an assiduity's structure to determine commercial strategy.
Porter's model can be applied to any member of the frugality to understand the position of competition within the assiduity and enhance a company's long-term profitability. The last of the Five Forces focuses on backups. Substitute goods or services that can be used in place of a company's products or services pose trouble.
Companies that produce goods or services for which there are no close backups will have further power to increase prices and cinch in favorable terms. When close backups are available, guests will have the option to abstain from buying a company's product, and a company's power can be weakened
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02:55:5
Candace saved her query for her time cards. After running the query once, she found two more pay slips and
added them to the original data table. Which best describes what will happen?
She will be prompted with an error message saying she cannot modify queries multiple times.
The data will not show up in the new query and will need to be resaved.
She will need to design a new query that includes her new numbers.
When the query is run again, the data that meets the new criteria will be retrieved.
Answers
When Candace will need to design a new query that includes her new numbers to get the desired result. Hence, Option D is the correct statement.
What do you mean by query in SQL?A request for facts or statistics from a database desk or a mixture of tables. These facts can be generated as outcomes again via way of means of Structured Query Language (SQL) or as pictorials, graphs or complicated outcomes, for example, fashion analyses from facts-mining tools. This is called as query.
Hence, Option D is the correct statement.
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the open innovation model has a couple of disadvantages. one of them is that it reduces a firm’s absorptive capacity.
Answers
The open innovation model has a couple of disadvantages. one of them is that it reduces a firm’s absorptive capacity.
The above statement is FALSE.
Explain in detail.
Open innovation refers to the process of companies and organizations obtaining ideas from both internal and external sources. Sharing information about issues and appealing to those outside the company for advice and solutions entails this. Unilever's innovation site is one example, which looks for answers to issues businesses have with food product packaging, transportation, and storage. Innovation challenges assist businesses in brainstorming and solving problems.The issues are typically clearly specified, like the Unilever program.
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Submit your 500-word essay describing the career you have chosen, a five-day schedule of this career, and the
advantages and disadvantages of the work schedule that you have created.
Answers
Assuming you choose the marketing career to write your essay, it is essential to conduct research on reliable sources for information about professional assignments.
What is a career in marketing like?As a broad and innovative field, a career in marketing can take many different paths. It involves efforts to promote a company's products and services, through value creation and positioning strategies.
Therefore, if the chosen area is content marketing, some advantages are greater flexibility and creativity to create media that engage the public with the brand.
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