Assume that the reserve requirement is 25%. Answer the following questions based on this information. 1. Joe deposits $10,000 in Bank A. How much will Bank A have to keep in reserves

Answers

Answer 1

Answer:

$2500

Explanation:

Reserve requirement is the compulsory sum of money that Central Banks require banks to keep as reserves to meet unforeseen circumstances

Reserve = reserve requirement x amount deposited

0.25 x $10,000 = $2500


Related Questions

Imagine that your firm has made a commitment to increasing the diversity represented at higher levels of the organization. What can you do to forecast which positions could be staffed with minorities

Answers

Incomplete question. The options read;

a) Assess the external labor market

b) Create a replacement chart

c) Forecast internal supply

d) Conduct a job analysis

Answer:

a) Assess the external labor market

Explanation:

Remember, by assessing the external labor market, one can find determine groups that are underrepresented in the labor market. In other words, the groups that are minorities can then be identified from among the external labor market.

For example, if you discover that "ethnic or social group A", has been under-represented or hold little higher-level positions in the external labor market for a number of years, you can now forecast positions where these minority groups could be staffed in the firm.

The forecast that could be staffed with minorities positions is to assess the external labor market.

What is labor market?

The labor market, often known as the job market. It is concerned with the supply and demand for labor, with employees providing the supply and employers providing the demand.

It is an important part of any economy and is twined with capital, goods, and service markets.

By analyzing the external labor market, it is possible to identify groups that are underrepresented in the workforce, if the firm made commitment to increase the diversity in the levels of the organization.

Therefore, minorities can be detected inside the external labor market.

Learn more about the labor market, refer to:

https://brainly.com/question/24196058

Tim loaned a friend $4,000 to buy a used car. In the current year, Tim’s friend declares bankruptcy and the debt is considered totally worthless (or a bad debt(. What amount may Tim deduct on his individual income tax return for the current year as a result of the worthless debt, assuming he has no other capital gains or losses for the year? a. $4,000 ordinary loss (OL) b. $4,000 short-term capital loss (STCL) c. $2,000 short-term capital loss (STCL) d. $3,000 ordinary loss (OL) e. $3,000 short-term capital loss (STCL)

Answers

Answer:

e. $3,000 short-term capital loss (STCL)

Explanation:

From the given information;

Tim may deduct only $3,000 short-term capital loss (STCL) because the loan is not business-related. SO, he can claim a maximum of $3000 in the current year and the remaining can be forwarded to ordinary income on the individual return in any one tax year.

Sunland Company receives $282,000 when it issues a $282,000, 10%, mortgage note payable to finance the construction of a building at December 31, 2022. The terms provide for annual installment payments of $47,000 on December 31.

Required:
Prepare an amortization schedule of a mortgage note for two years.

Answers

Answer:

Date           cash flow      interest expense     principal paid      book value

D- 2022     282,000                 0                             0                   282,000

D- 2023      -47,000          28,200                     18,800               263,200

D- 2024      -47,000          26,320                     20,680               242,520

Interest expense during first year = $282,000 x 10% = $28,200

Interest expense during second year = $263,200 x 10% = $26,320

   

4. When analyzing decisions that are made within a firm, economists typically assume that "profit maximization" is the firm’s main goal. However, a number of other goals are also possible. Choose one of the "other" possible goals and compare it to "profit maximization." Under what circumstances might the "other" goal that you described become a major focus for the firm? If you were the CEO of a large firm, what steps might you take to ensure that departments within the firm are working together toward common goals?

Answers

Answer: When employees are provided with a conducive environment they perform better than normal and with good products and services customers are satisfied hence more profit. The CEO should ensure all department work with same goal for the benefit of the organization

Explanation:

Companies tend to focus on the non-economic goals such as providing a good place for employees to work, good product and services to the customers and acts as a good citizen in the society. Achieving these goals are costly and doing so might interfere with profit maximization but in long term achieving them is beneficial to the company. When employees are provided with a conducive environment they perform better than normal and with good products and services customers are satisfied hence more profit. The CEO should ensure all department work with same goal for the benefit of the organization

If D0 = $2.25, g (which is constant) = 3.5%, and P0 = $54, then what is the stock's expected dividend yield for the coming year? a. 3.45% b. 4.23% c. 3.75% d. 4.31% e. 5.05%

Answers

Answer: d. 4.31%

Explanation:

Dividend yield is calculated by dividing the dividend by the price of the stock.

The dividend in the coming year given the growth rate is:

= 2.25 * (1 + 3.5%)

= $‭2.32875‬

The dividend yield is therefore:

= ‭2.32875‬/54

= ‭0.043125‬

= 4.31%

Cash $ 10 Accounts Receivable, net 20 Inventory 50 Long-term Investment 100 Equipment 520 Accumulated Depreciation 200 Accounts Payable $ 20 Bond Payable 100 Discount on Bond Payable 10 Capital Stock 200 Retained Earnings 120 Revenues 310 Expenses _240 _____ Totals $1,140 $760

Answers

Answer: d. Discount on Bonds Payable

Explanation:

When a bond is issued for a price that is lower than its par/ face value, the discount will be treated as a debit entry to an account called the Discount on Bonds Payable account.

This happens when a bond has a coupon rate that is lower than the market yield. It will lead to the bond being demanded at a lower price and it will be know as a Discount bond.

The European Union and the United States are trading partners. (a) If the current account balance is zero, will an increase in United States real income result in a current account surplus, deficit, or no change

Answers

Answer: Deficit

Explanation:

One of the things a current account shows is the trade balance of a country which is the difference between its exports and its imports.

If real income was to increase in the U.S., her citizens will demand more goods and services as they can afford it.

This will lead to a rise in imports from U.S. trading partners which will then rise more than exports and result in a trade deficit which would lead to a current account deficit.

A municipal bond carries a coupon of 6.75% and is trading at par. What is the equivalent taxable yield to a taxpayer in a combined federal plus state 34% tax bracket

Answers

Answer:

10.23%

Explanation:

Formula for computation of equivalent taxable yield is r = rm/1-t. Where the tax rate is t, rm is Yield on municipal bond and r is Tax equivalent yield

r = rm/1-t

r = 6.75% / 1 - 34%

r = 6.75% / 0.66%

r = 10.22727272727273%

r = 10.23%

So, the equivalent taxable yield to a taxpayer in a combined federal plus state 34% tax bracket is 10.23%.

Jimmy's pizza bought a new pizza oven for $7,276. The useful life is estimated to be 12 years and the salvage value is $400. If jimmy uses straight line depreciation:
A. Calculate the annual depreciation
B. Determine the book value of the oven at the end of 8 years.

Answers

Answer:

see below

Explanation:

In straight-line depreciation, depreciation is a constant figure throughout the useful life of an asset.

The depreciation rate = 1/useful life x 100

For Jimmy's pizza depreciation rate

=1/12 x 100

=8.333%

The depreciable rate =  Asset cost - salvage value

=$7,276 - $400

=$6,876

Annual depreciation   = 8.333% x $6,876

=0.08333 x $6,876

=$573 per year

Book value after 8 years

=Asset value minus accumulated depreciation.

Accumulated depreciation = annual depreciation x number of year

Accumulated depreciation = $573 x 8

Accumulated depreciation= $4,584

Book value =$7,276 - $4,584

= $2,692  

A firm has net working capital of $480, net fixed assets of $2,226, sales of $5,900, and current liabilities of $790. How many dollars worth of sales are generated from every $1 in total assets

Answers

Answer:

the sales per dollar of assets is 1.69

Explanation:

The computation of the dollars worth of sales is shown below;

Currents assets is

= $480 + $790

= $1,270

And,

total assets is

= $1,270 + $2,226

= $3,496

Now

sales per dollar of assets is

= $5,900 ÷$3,496

= 1.69

hence, the sales per dollar of assets is 1.69

To connect them, click the example, and then click the department
HR
Pablo keeps track of the amount of money earned by his
company and compares it to the amount spent.
Customer service
Fatima is responsible for handling customer complaints.
Kayla makes flyers to promote her dance classes.
Marketing
Emil drives an airport shuttle van.
IT
Minh helps new employees with their hiring paperwork.
Production
Jackson maintains the company's computer system.
Finance

Answers

Answer: Please see below for answers

Explanation:

Connecting the right department to the examples given, we have

Pablo keeps track of the amount of money earned by his  company and compares it to the amount spent----- Finance

----A Finance department is responsible for improving  funds for the firm, managing, controlling and reporting of  the funds and  deciding how assets should be funded.

Fatima is responsible for handling customer complaints.-----Customer service-

---- Any matter relating to how customers can be satisfied is handled in the customer service department

Kayla makes flyers to promote her dance classes---- Marketing

-----Marketing department is responsible for developing idea or  strategy to promote a business in order to increase sales.

Emil drives an airport shuttle van-----Production

Minh helps new employees with their hiring paperwork----HR

The HR department is concerned with everything that concerns employee from hiring to dismissal.

Jackson maintains the company's computer system-----IT

The Balanced Scorecard approach to evaluation and control assigns to each goal/objective in an areaone or more measures that are each essential for acheiving a desired strategic option. These measures are called _________.

Answers

Answer:

4.  key performance measures

Explanation:

The balance scorecard is the performance metric that used in the strategic management for identifying and improve the different business functions in internally also it would be resulted in the external outcomes.

In addition to this, it used for determining and provide the feedback to the organization

In order to accomplish the desired strategic option for measures each one area we known as the key performance measures

Credits Group of answer choices decrease both assets and liabilities. decrease assets and increase liabilities. increase both assets and liabilities. increase assets and decrease liabilities.

Answers

Answer:

decrease assets and increase liabilities

Explanation:

Credits is commonly known to cause an increase in liability, equity, and revenue accounts and also lead to a decrease of/in asset and expense accounts. It is the right side of an account. Credits decrease assets and increase liabilities is a true statement of account.

How does GDP accounting record the following events? For each of them, describe how they would be computed in GDP accounts using the income method, the production method, and the expenditure method.

a. Tom purchases a brand new Volkswagen from Germany for his start up ride sharing business for $20,000. He provides ride-sharing services earning him revenues of $40,000. During the course of the year, the Volkswagen depreciates by $2,000. Tom has no other costs.
b. An army battalion is deployed to the border to repel a threatened Canadian invasion. The soldiers earn wages of $10,000 and use ammunition that the government bought for $5,000. The ammunition was produced using $2,000 of imported steel and 100 hours of work, for which the workers were paid $1,000. Hint: two things are produced in this example, what is the value added for each of them?
c. The government collects $1000 in income taxes from Pam.
d. Pam earns $4000 for working as a babysitter and pays $1000 in income taxes.

Answers

Answer:

a. Tom purchases a brand new Volkswagen from Germany for his start up ride sharing business for $20,000. He provides ride-sharing services earning him revenues of $40,000. During the course of the year, the Volkswagen depreciates by $2,000. Tom has no other costs.

GDP increases by $20,000:

It will increase $40,000 by the services provided (consumption) but will decrease $20,000 due to the imported car (negative net exports).

b. An army battalion is deployed to the border to repel a threatened Canadian invasion. The soldiers earn wages of $10,000 and use ammunition that the government bought for $5,000. The ammunition was produced using $2,000 of imported steel and 100 hours of work, for which the workers were paid $1,000. Hint: two things are produced in this example, what is the value added for each of them?

GDP increases by $13,000:

Government spending increases by $15,000.

Net imports decrease by $2,000.

c. The government collects $1000 in income taxes from Pam.

GDP doesn't change. Taxes are not included in the GDP

d. Pam earns $4000 for working as a babysitter and pays $1000 in income taxes.

GDP increases by $4,000 (consumption).

One thing in life we cannot control is nature. What would your organization do if there was a natural disaster that destroyed electrical lines and internet servers

Answers

Answer:

The classification according to the situation has been described throughout the explanation segment elsewhere here.

Explanation:

People, therefore, have effectively articulated documented plans as well as employee initiatives to significantly reduce chaos throughout the aftermath of a collision. Throughout addition, we have quite a power server which instantaneously starts kicking off somewhere in the event of a power outage, and then at the same moment, people are however outfitted with either a couple of extra machinery which could be utilized in this type of emergency.

Market & entreprenurship
are two sides of a coin
Justify by example

Answers

Answer:

The analysis for this type of situation has been presented elsewhere here.

Explanation:

The face of something like a coin would be typically referred to as one of the head, although it sometimes describes this same head of such a high profile individual, as well as the back of the tail. Throughout disciplines of diploma nearby numismatic coins, this same phrase area has been more frequently than using front, when the utilization of opposite direction has been widely spread.
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