Suppose that the required reserve ratio is 7.00%. What is the simple money (deposit) multiplier? Round to two
decimal places.

Answers

Answer 1

Answer:

14.29

Explanation:

Given

Reserve Ratio (R) = 7.00%

Required

Calculate the deposit multiplier (M)

To calculate simple money multiplier (M), we make use of the following formula.

M = 1/R

Where

R represent the reserve ratio

Substitute 7.00% for R

M = 1/7.00%

Convert % to decimals

M = 1/0.07

M = 14.29 ---- Approximated

Hence, the simple money multiplier is 14.29


Related Questions

Which career pathway is expected to have a growth rate that is average or below?
O Film Editing
O Visual Arts
O Telecommunications
O Television Announcing

Answers

Answer:

Telecommunications

Explanation:

The answer is telecommunications.

What is Telecommunication?

Telecommunication is the transmission of information by various types of technologies over the wire, radio, optical, or other electromagnetic systems.

What is the purpose of telecommunication?

The purpose of a telecommunication system is to exchange information among users of the system. This information exchange can take place in a variety of ways, for example, multiparty voice communications, television, electronic mail, and electronic message exchange.

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Differentiation means that:_________
a. the firm should aim its efforts at a target market that is different from a target market that a competitor would find attractive.
b. a firm's marketing mix is distinct from and better than what is available from a competitor.
c. a firm uses its resources in a different way than competitors use their resources.
d. a firm should screen out opportunities using different criteria than those used by other firms.
e. when a firm's marketing strategy is not going well it should change to a different set of operational decisions.

Answers

Answer:

B. a firm's marketing mix is distinct from and better than what is available from a competitor.

Explanation:

In marketing, since tine immemorial, this is a terminology used in brining to a table the qualities that distinguishes a sales agent from the crowd or fellow competitors. Also in many cases, it is percieved as a strategy which can be used in a product development, making it unique for the prospective buyers or the whole or target market. Here, these art of uniqueness of the product will aid a better look towards the buyers, even though competition makes it a hard task towards it. Even though strive for balance to be the best is totally welcomed.

Some organizations may choose to have job applicants complete an application form created by the firm, instead of just allowing the employee to write his own. Give ONE (1) key reason why
the firm may prefer to have an application form completed.

Answers

Answer:

see below

Explanation:

Job applicants complete an application form created by the employer to gather relevant information from potential employees. One reason employers prefer Job application forms is to gather comprehensive and consistent data from all applicants. This facilitates a fair analysis of applicants' backgrounds.

Application letters and resumes may not have uniform data. The employer designs the application form to ensure they get all the data they require from all applicants. Again, resume's do not include important information such as names and contacts of immediate and past supervisors.

Do you think it is possible for a bad strategy to be implemented and executed well and
to create value for the business? Explain your answer.

Answers

Answer:

yes its possible for bad strategy to be implemented and executed well and

to create value for the business

Information of goods and services of solo factory in Trinidad

Answers

Answer:

What's your question? I'll answer in the comments of this answer if you can give me the rest of the question :)

Explanation:

Esperanza is starting a business by herself as an
illustrator for magazines and children's books. She
isn't concerned with personal liability, but she wants
the business to be easy to set up.

Answers

Answer:

sole proprietorship

Explanation:

The sole proprietorship is the type of business owned and run by a single individual. The owner is a sole trader.  In a sole proprietorship, the owner sources capital by themselves, keeps all the profits, and suffers the losses alone.

A sole proprietorship is the easiest form of business to set up. The only requires to obtain a registration certificate and a trading license from the local authorities. Esperanza should open a sole proprietorship business. Unlimited liability is the biggest shortcoming for a sole proprietorship, but that does not seem to bother Esperanza.

Accounting information systems: Multiple Choice require a CITP designation to understand. report only financially related information. are always computerized. are an information system that records, processes, and reports on transactions to provide financial and nonfinancial information for decision making and control.

Answers

Answer: Are an information system that records, processes, and reports on transactions to provide financial and nonfinancial information for decision making and control.

Explanation:

Accounting information systems are very useful because they combine accounting records with processes thereby coming up with reports on transactions that provide relevant stakeholders with both financial and non-financial information needed for decision making and control.

Accounting systems do not require a Certified International Trade Professional (CITP) designation to understand neither does it report only financially related information nor is it always computerized.

Retirement benefits are an example of
income.
Labor
rental
interest

Answers

The answer is interest

Answer:

Labor income

Explanation:

edg

Which type of worker would most likely be able to begin work after receiving a high school degree and completing
an on-the-job apprenticeship?
A. a miner
B. a forester
C. a conservationist
D. a park worker

Answers

D. A park worker I believe
D: a park worker because it’s most suited after receiving a high school degree and completing an on-the-job apprenticeship.

Have a look at the top 10 brands in the world, what similarities can you see in regards to their marketing activities

Answers

s you probably know, brand equity is becoming increasingly important factor to successful brands. Brand equity has the ability for firms to to gain additional market share, at a price premium, with increased customer loyalty, and greater acceptance of new products. It also provides significantly more access to more retailer channels and easier ability to enter new markets.

Professional valuation companies that rank firms on the brand equity value consider how much the brand contributes to additional profitability. Here are the top 10 brands for 2015 as determined by Millward Brown.

Apple

Google

Microsoft

IBM

Visa

AT&T

Verizon

Coca-Cola

McDonalds

Marlboro

ANSWER ASAP-- In one year, Corey earned $25,000 from his employer and a $300 capital gain from the sale of an investment. Corey doesn’t qualify for any deductions, but he can claim the lifetime learning credit.

Corey’s adjusted gross income is BLANK
and his total tax due will be (decreased or increased)
by the credit.

Answers

Answer:

Corey’s adjusted gross income is $25,300  and his total tax due will be decreased by the credit.

Explanation:

Add what Cory earned and his capital gain to make $25,300

Cory claimed the lifetime learning credit which decreases his total tax due

A scientist has samples of both nitrogen (N2) and hydrogen (H2). Both of these substances are odorless, colorless gases at room temperature. The scientist places the samples into a closed flask and heats the flask. A colorless gas that has a strong odor forms. Which of these best describes what happened?'

A.
A mixture formed when nitrogen and hydrogen combined.
B.
A pure substance that is chemically identical to both nitrogen and oxygen formed.
C.
A new compound formed when nitrogen and hydrogen chemically reacted.
D.
A new element formed when oxygen and nitrogen atoms turned into new kinds of atoms.

Answers

Answer: C.  A new compound formed when nitrogen and hydrogen chemically reacted.

Explanation:

Due to the temperature increase, the atoms of both Nitrogen and Hydrogen reacted chemically with one another and formed a new compound which was still colorless but now had a strong odor as well.

This new compound is known as Ammonia with the chemical composition NH₃. It is formed when Hydrogen and Nitrogen react chemically. Ammonia is a colorless gas with a sharp strong odor.

the hire purchase price of a table And chairs is shilling 16800 with 25% paid as a deposit .the rest is spread over 12 equal monthly instalments calculate the amount of deposit?​

Answers

Answer:

shillings . 4,200

Explanation:

The hire purchase price Shs. 16,800

The deposit is 25% of 16,800

= 25/100 x 16,800

=0.25 x 16,800

=Shs. 4,200

A physician has been practicing medicine for forty years. Within the last fifteen years, he has shifted from handwriting all of his cases to inputting information into his electronic medical record. This is an example of the importance of

1.career portfolios.

2.credentialing.

3.life-long learning.

4.licensure.


P:EASE HELP ME AND QUICCK ILL GIVE YOU THE BRAINIEST CROWN THINGY>>>PLEASE HELPPP

Answers

CARREER PORTFOLIOS is most likely the answer if not then credentialing, I’d like my crown :)

Answer:

3.life-long learning.

Explanation:

How do credit card companies make money?
O (A) Fees and interest paid by cardholders
O (B) Investing your credit card debt
O (C) Fees paid by merchants
O All of them
O A and B
O A and C
OB and C

Answers

Answer:

A and C

Explanation:

Credit card companies get their income form the following three main sources

Interest paid by cardholdersFees charged to cardholders' credit cards.transaction charges paid by merchants who accept credit cards

Interests form the bulk of income to the card companies. Typically charge interest arises when customers carry a balance from a month to the next. Fees charged include annual fees, late fees, cash advance fees, balance transaction fees, among others. Merchants usually pay a percentage for every transaction conducted via a credit card.  The percentage ranges between 1% to 3 %.

The equation Assets = Liabilities + Owner's Equity is called the

Answers

Answer:

Accounting Equation

Explanation:

The accounting equation forms the basis of preparing a balance sheet and the double-entry accounting concept.

The accounting equation is presented as Assets = Liabilities + Shareholder’s Equity. The balance sheet presentation follows this concept. It is divided into three segments, assets, liabilities, and equity.

The double entry concepts will record entries affecting assets in the same manner. Those affecting liabilities and equity are recorded similarly. The entries of assets balance the entries of equity and liabilities.

The intangible assets section of Marigold Corporation's balance sheet at December 31, 2022, is presented here.
Patents ($71,800 cost less $7,180 amortization) $63,400
Copyrights ($50,500 cost less $39,400 amortization) 11,100
Total $74,500
The patent was acquired in January 2022 and has a useful life of 10 years. The copyright was acquired in January 2016 and also has a useful life of 10 years. The following cash transactions may have affected intangible assets during 2023.
Jan. 2 Paid $45,000 legal costs to successfully defend the patent against infringement by another company.
Jan.- June Paid $43,000 to a quarterback to appear in commercials advertising the company's products. The commercials will air in September and October.
Sept. 1 Paid $43,000 to a quarterback to appear in commercials advertising the company's products. The commercials will air in September and October.
Oct. 1 Acquired a copyright for $257,000. The copyright has a useful life and legal life of 50 years.
Prepare journal entries to record the 2023 amortization expense for intangible assets.

Answers

Answer:

Journal entries to record the 2023 amortization expense for intangible assets.

Date        Accounts Titles and Explanation       Debit       Credit

Dec 31     Amortization Expense—Patents         $14,180

              ($71,800*1/10 + $45,000 * 1/9

                + $40,000*1/10*6/12)

                           Patents                                                       $14,180  

               (To record amortization of patents)    

Dec 31     Amortization Expense - Copyrights    $6,335

               ($50,500*1/10 + $257,000*1/50*3/12)

                         Copyright                                                       $6,335

               (To record amortization of copyrights)

HELP Esmerelda simplified a complex fraction. Her work is shown below. What errors did Esmerelda make? Check all that apply. Esmerelda converted the mixed number to the wrong improper fraction. Esmerelda added the numerators. Esmerelda added the denominators. Esmerelda did not divide –24 by 6 correctly. Esmerelda did not use the reciprocal of the divisor.

Answers

Answer:

Esmerelda did not use the reciprocal of the divisor.

Esmerelda added the numerators.

Esmerelda added the denominators.

Explanation:

Note: This question is not complete as it omitted the work of Esmerelda. Her work is therefore provide to complete the question as follows:

[tex]\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3}{2} } =(-\frac{21}{4})(\frac{3}{2}) = -\frac{24}{6} = -4[/tex]

The explanation of the answer is now provided as follows:

Esmerelda did not use the reciprocal of the divisor

This is corrected by using the reciprocal of the divisor as follows:

[tex]\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3}{2} } =(-\frac{21}{4})(\frac{2}{3})[/tex]

Esmerelda added the numerators and Esmerelda added the denominators

These two are corrected together by multiplying the numerators separately and and multiplying the denominators separately as follows:

[tex]\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3\\}{2} } =(-\frac{21}{4})(\frac{2}{3}) = -\frac{21*2}{4*3}[/tex]

Based on the above, the correct answer of the work of Esmerelda can be obtained as follows:

[tex]\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3\\}{2} } =(-\frac{21}{4})(\frac{2}{3}) = -\frac{21*2}{4*3} =- \frac{42}{12} = -3\frac{1}{2}[/tex]

The final answer can also be provided in 2 decimal places as follows:

[tex]\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3\\}{2} } =(-\frac{21}{4})(\frac{2}{3}) = -\frac{21*2}{4*3} =- \frac{42}{12} = -3\frac{1}{2} = -3.50[/tex]

If Cooper does not need to access this account for 25 years, how much will be in the account then?

Answers

more explanation please,

Answer:

29,093.01 Dollars

Explanation:

when you should send an email
A. when the subject matter is extremely private
B.when the subject matter is objective and informative
C. when the subject matter is emotional
D. when the subject matter is sensitive in nature

Answers

B. When the subject matter is objective and informative

You should send an email when the subject matter is objective and informative. Hence, Option B. is correct.

Email is a fantastic manner to communicate when the subject matter is objective and informative. A way to communicate between people using the internet and electronic gadgets is via email. Because emails are a fantastic method to discuss and highlight vital information without containing a personal opinion, which is especially critical in a business context, you should send an email when the subject matter is objective and instructive.

Therefore, the correct option is option B.

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Write any two ways of collecting rain water and its advantages.

Answers

Answer:

Harvesting rainwater can help the environment in a number of ways. ...

Reduces Water Bills. ...

Reduces Demand on Ground Water. ...

Can Be Used for Non-drinking Purposes

Components Personal consumption expenditures (C) $9,224.5 Gross private domestic investment (I) $2,209.2 Government consumption expenditures and gross investment (G) $2,523 Exports (X) $1,467.6 Imports (M) $2,229.6 Net exports of goods and services (NX) $ Gross domestic product (GDP) $ This method of calculating GDP, which involves summing the , is called the approach.

Answers

Answer:

Net Exports = $-762GDP = $13,194.70Expenditure approach.

Explanation:

The Gross Domestic Product (GDP) is the value of the final goods and services produced in a country in a given period (usually a year).

It can be calculated by the formula;

= C + I + G + (X - M)

= Consumption  + Investment + Government Spending + Net Exports

Net Exports = Exports - Imports

= 1,467.60 - 2,229.60

= -$762

GDP = 9,224.5 + 2,209.2 + 2,523 - 762

= $‭13,194.7‬0

This method of calculating GDP is called the EXPENDITURE METHOD because it calculates the amount spent on gods and services in the country because the logic is that the final goods and services produced in the country were spent on by economic agent.

In 2022, Spencer Realty considered conducting a survey of every home to determine which homes may be put on the market within the next year. This information would be included in their financial statements as a predictor of potential future revenue. The cost of the survey would be $2.6 million, and the results would not differentiate potential business for Spencer Realty compared to other realtor companies. If Spencer Realty decided to not conduct the survey, that decision is likely based on which concep?
A. Historical cost.
B. Cost constraint.
C. Fair value.
D. Full discloser.

Answers

Answer:

a. cost constraint

Explanation:

A cost constraint arises when it is excessively expensive to report certain information in the financial statements. When it is too expensive to do so, the applicable accounting frameworks allow a reporting entity to avoid the related reporting

Identify which basic assumption of accounting is best described in each/some item(s) presented below:a) The economic activities of FedEx Corporation are divided into 12-month periods for the purpose of issuing annual reports.b) Solectron Corporation, Inc. does not adjust amounts in its financial statements for the effect of inflation.c) Walgreen Co. reports current and non-current classifications in its balance sheet.d) The economic activities of General Electric and its subsidiaries are merged for accounting and reporting purposes.

Answers

Answer:

a) The economic activities of FedEx Corporation are divided into 12-month periods for the purpose of issuing annual reports.

Periodicity principle: companies have to report their financial statements and operations over standard periods of time.

b) Solectron Corporation, Inc. does not adjust amounts in its financial statements for the effect of inflation.

Monetary unit: companies have to report their financial statements in a unit of valid currency.

c) Walgreen Co. reports current and non-current classifications in its balance sheet.

Going concern: companies are expected to continue operating in the future.

d) The economic activities of General Electric and its subsidiaries are merged for accounting and reporting purposes.

Economic entity: companies must report the transactions that involve them and their subsidiaries, but not the transactions that involve their owners or other companies.  


When should the trial balance totals differ?

A. Only when it is drawn up by the accountant

B. When drawn up before the profit and loss account is prepared

C. If drawn up halfway through the financial year

D. Never

Answers

Answer:

C. If drawn up halfway through the financial year

Explanation:

A business prepares a trial balance to check on the accuracy of the double-entry system. The trial balance detects any mathematical errors that may have occurred during recording or posting information in various accounts.

A trial balance lists all the accounts as obtained from a firm's general ledger. It sums up the closing balances of all debits on one column and credits on the other. If the debits and credits balance, the firm's ledger book is presumed not to have mathematical errors.

The preparation of a trial balance is at the end of a financial period,  before the main financial statements. It uses the closing balances of the ledger accounts. If some accounts are not closed, then a trial balance will not balance.

Data entered into a computer is called a...

Answers

Answer:

Input

Explanation:

Data going into the computer is called Input . Whatever goes into the computer. Input can take a variety of forms, from commands you enter from the keyboard to data from another computer or device. A device that feeds data into a computer, such as a keyboard or mouse, is called an input device.

Esther estimates that she will need about $8,600.00 for the first year of tuition at college. Her grandparents contribution will cover $3,010.00 of the tuition expenses, and Esther will need to save to pay for the rest. If Esther has 2 years to save, what is the minimum amount that she should save each month for the next 2 years? Be sure to round your answer to the hundreths place value and answer in a complete statement.

Answers

Answer:

$232.92

Explanation:

Since Esther's parents have contributed a total of $3,010 to her tuition then Esther would need a total of

$8,600 - $3,010 = $5,590

Since there are a total of 24 months in a span of 2 years, then we would need to divide the total amount of money that Esther needs by these 24 months to calculate the minimum amount that she needs to save each month to reach her goal. Like so...

$5,590 / 24 = 232.916

Therefore, we can see that Esther would need to save a minimum of $232.92 every single month to be able to hit her goal of $5,590 in 2 years.

Frank houser owns a football team that plays its home games at Memorial Stadium. To increase revenue he is offering a sponsorship to Durable Goods, a company that makes sports equipment. Durable Goods want to provide all of the team’s equipment and pay $150,000 for the right to place its logo on the team’s uniforms. Currently, the team spends $108,000 on equipment annually. How much will frank profit by accepting the offer?

Answers

Answer:

$258,000

Explanation:

Frank houser will benefit in the following ways from Durable goods.

Team equipment worth $108,000 and $150,000 for the right to place the logo on uniforms.

The total benefits will be $108,000 + $150,000

=$258,000

Most employers list only the most significant employee tasks in a job description.

False

True

Answers

Answer:

its false

Explanation:

just took quiz on edge 2020

Larry works 60 hours a week as a valet. If full-time employment is considered 40 hours per week, how many hours of overtime does Larry work?

Answers

Answer:

20 hours overtime

Explanation:

If Larry works 60 hours, take 40 hours out of that to get 20 hours which would be how much he works overtime.

He worked 20 hours full time
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What is 2/3 divided by 5? The equation given was: (x) + (x + 3) + (x - 2) + 3(x + 3) - 1 = 87. Using this equation, write the equation with fewer terms. PLEASE HELP MEEE WILL MARK BRAINLIEST!!describe the arm race between the United States and the Soviet Union in the 1950s. evaluate whether each group was reactionary, strategic, or both. Read this excerpt from Anne Frank Remembered.I just sat there, frozen. I'd lost track of time. At some point the two workers from downstairs in the workplace came up to me and said that they were so sorry, that they hadn't known. Then Van Matto came and said something, and I saw that the Austrian had given him the keys that he had taken from me. I can't imagine where the time had gone. First, it had been eleven or twelve o'clock when the Dutch Nazi had come. Then it must have been about one-thirty when I'd heard the footsteps on the inner stairway. Then, suddenly, Elli was back, and Henk had arrived, and I realized that it was five o'clock and the day had passed.Why does Miep feel this way?She is relieved that the frightening officers have left.She is shocked and disappointed by the days events.She is overwhelmed by her work at Mr. Franks office.She is scared by the threats of the Austrian officer. To make lemonade Jenny combines water and lemon juice in the ratio of 6:1, by volume. How many millilitres of water should she add to make 637 mL of lemonade? Which concept describes a movement toward the original doctrines of religion? A. religious conflict B. religious fundamentalism C. religious pluralism D. religious diversity What are the arguments for defunding the police? 3. Repeat this process to find the width and height of a newer 48-inch television whosescreen has an aspect ratio of 16:9.Do not include units in your answer - write only the Mumber rounded to the nearest tenthWhat is the height? HOW MANY DAY IN 1 months CAN SOMEONE HELP IM SO CUNFUSED PLS HELP ME?? The blue dot is what value on the number line? A rectangle has a length that is 12 ft longerthan its width. If its perimeter is 84 ft, whatare the dimensions of the rectangle? Writea system of equations representing thesituation and then find the dimensions toobtain full credit. 54^=(54)^=(34)^= French, Plz helpAnswer the following questions in the first person using dtester, aimer, or adorer. Your answers may begin with either oui or non. 1. Est-ce que tu aimes regarder la tl? 2. Est-ce que tu aimes jouer aux jeux vidos? 3. Est-ce que tu aimes parler franais? 4. Est-ce que tu aimes danser? 5. Est-ce que tu aimes manger du chocolat? courseAn Egyptian company buying shares in Namibia is a good example of foreign direct investment.O a. TrueO b. Falseon Which of the following American Indian cultures developed just south of the Iroquois in the Appalachian Mountains?A. the AnasaziB. the HohokamC. the CherokeeD. the Pueblo Six girls of differing heights are arranged in 2 rows of 3 each. Each girl is taller than the girl in front of her and also taller than the girl to her right. How many arrangements of the six girls are possible? rashi borrowed rs 12000 from a bank . if the bank charges interest at the rate of 11 percent p.a. what amount will he pay to bank at the end of 3 years chapter in math is comparing quantities need answer fast will give full stars 7. Serene paid $35.01 to buy 9 hot dogs. How much did each hot dog cost? Read this excerpt from Through the Looking-Glass by Lewis Carroll Which line implies that Alice finds Tweedledee and Tweedledum's battle preparations quite silly? Alice said afterwards she had never seen such a fuss made about anything in all her lifethe way those two bustled about-and the quantity of things they put on -and the trouble they gave her in tying strings and fastening buttonsReally they'll be more like bundles of old clothes than anything else, by the time they're ready!" she said to herself as she arranged a bolster round the neck of Tweedledee. "to keep his head from being cut off as he said O "You know," he added very gravely, it's one of the most serious things that can possibly happen to one in a battle-to get one's head cut off O Alice laughed aloud but she managed to turn it into a cough for fear of hurting his feelings O "Do I look very pale? said Tweedledum, coming up to have his helmet tied on O "I'm very brave generally," he went on in a low voice "only to-day I happen to have a headache You know," he added very gravely, "it's one of the most serious things that can possibly happen to one in a battle-to get one's head cut off Alice laughed aloud but she managed to turn it into a cough for fear of hurting his feelings