The cost of holding excess reserves is the interest rate that could have been earned minus the interest rate that is paid on these reserves. If the interest rate is 5% and the interest rate paid on reserves is 2%, the cost of holding on excess reserves is

Answers

Answer 1

Answer:

7% because you would have to add 5% with 2%

Explanation:

because you would have to add 5% with 2% and get 7 %


Related Questions

Match the phrase that follows with the term (a-e) it describes. integrated set of operating and financing budgets for a period of time estimates the number of units to be manufactured to meet sales and inventory levels shows expected results at several activity levels begins by estimating the quantity of sales shows expected results at only one activity level 1. static budget 2. flexible budget 3. master budget 4. sales budget 5. production budget

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1. Master budget: it is an integrated set of operating and financing budgets for a period of time.

2. Production budget: it estimates the number of units to be manufactured to meet sales and inventory levels.

3. Flexible budget: it shows expected results at several activity levels.

4. Sales budget: it begins by estimating the quantity of sales.

5. Static budget: it shows expected results at only one activity level.

A budget can be defined as a financial plan that is used for the estimation of revenue and expenditures of an individual, organization or government, especially for a specified period of time, often one (1) year.  

Basically, there are different types of budget and this include:

1. Master budget: it comprises an integrated set of both investing, operating and financing budgets for a specified period of time, often one (1) year.

2. Production budget: it estimates the number of units to be manufactured by a business firm, so as to meet budgeted sales and inventory levels.

3. Flexible budget: it shows expected results of a business firm (responsibility center) at several activity levels.

It is also referred to as variable budget and it's used both before and after a period's activities are completed.

4. Sales budget: it begins by estimating the quantity of sales.

Once the quantity of sales are estimated, the sales revenue that are expected is calculated by multiplying the expected unit sales price by the volume.

5. Static budget: it shows expected results of a business firm (responsibility center) at only one activity level.

A static budget is usually based on a predicted amount of sales or any other measure of activity.

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When a seller allows a buyer thirty to sixty days to pay for a purchase, the sales arrangement is called a. a promissory note. b. equity financing. c. trade credit. d. a bank loan. e. None of these answers is correct.

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The sales arrangement when a seller allows a buyer thirty to sixty days to pay for a purchase is known as Trade credit

A trade credit is an arrangement that exists between buyers and sellers with respect to exchange of goods and services.

In trade credit, the supplier allows the buyer purchase on credit and pay later usually between 30, 60 or 90 days.

Hence, trade credit is where a seller allows a buyer thirty to sixty days to pay for a purchase.

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Betsy loves to garden, and her rose garden is enjoyed by everyone in her neighborhood. Because her consumption of rosebushes provides a positive externality to the community, the government should _____ because the market quantity of rosebushes is _____ than the socially optimal quantity.

Answers

Answer:

Provide a Subsidy; Lower

Explanation:

A company makes a $5 profit on each non-faulty product it sells. Approximately 2% of the products manufactured are faulty, with no way to discover which ones are faulty before delivery. If replacement-and-repair costs for the faulty products are $100 each, what is the profit per item? loss of $15. 10 loss of $15 profit of $2. 90 profit of $3. 0.

Answers

Based  on the information given the profit per item is $2.90.

First step is to calculate the company profit

Profit=(100%-2%)×$5

Profit=98%×$5

Profit=$4.9

Second step is to calculate the profit per item

Profit per item=$4.9-($100×2%)

Profit per item=$4.9-$2

Profit per item=$2.90

Inconclusion  the profit per item is $2.90.

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1. The fundamental problem of economics is:
A. to establish an equitable system of personal and business taxation.
B. to establish a democratic political framework for the provision of social goods and services.
C. the scarcity of factors of production relative to the unlimited wants of humans.
D. to achieve a more equitable distribution of money income in order to mitigate poverty.

Answers

Answer:

I think C is the correct answer.

Look at the chart below.

Potential Career Paths
Skills Education Column 3 Job growth
Job 1 Extroverted, communicator Certification Work from home 0 percent
Job 2 Analytical, solution-oriented B.A. + License Office 11 percent
Job 3 Artistic, focused M.A. Outdoors 9 percent
Job 4 Curious, ambitious Ph.D. Traveling/Field 25 percent
If you want to feel comfortable that there will be job openings available, which field is the biggest risk for you?

job 2
job 4
job 3
job 1

Answers

Answer:
Job 4

Explanation:

Job 4 best suits the job description of health and safety engineer. It is important for a health and safety officer that he must be ambitious and dur to nature of the job he has to travel across different fields. Health and safety officer has great responsibility as he is the one who is responsible for implementing safe work environment.

Which term accurately describes Melanie, who was born in the United States and is currently working in Italy for a company headquartered in China

Answers

A third-country national serves as term that is utilized in description of Melanie, that is been given birth to, in the United States but Working in another country like China.

What is third-country national?

This serves as term to describe an individual that is doesn't belong to a citizen of a country such as United States but is is been assigned a duty.

People do this so as to get better opportunity in their career.

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what’s the bestselling movie soundtrack of all time?

Answers

Answer:

The Bodyguard is the bestselling movie soundtrack

Brenda, a job applicant at Trade Winds Corp., discovers that the job she is applying for requires her to be a union member before being hired. She also learns that this arrangement is illegal under the National Labor Relations Act. In the context of the security provisions related to union membership, this Trade Winds Corp. has a(n) __________ arrangement.

Answers

Based on the information given, it can be deduced that Trade Winds Corp. has a closed shop arrangement.

A closed shop arrangement simply means a place of work where all the employees gave to belong to an agreed trade union.

Under this condition, an employer will only employ the people that are to be part of the trade union. Therefore, it can be seen that Trade Winds Corp. has a closed shop arrangement.

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Under the current managed float exchange rate regime; countries with surpluses in their balance of payments frequently do not want to see their currencies appreciate because it makes their goods ________ expensive abroad and foreign goods ________ in their countries.

Answers

The country will not want their currencies to appreciate because it makes their goods expensive abroad and foreign goods be cheaper in their countries.

The floating exchange rate system is a system where currency price on forex market is based on supply and demand of other currencies therein.

Countries with surpluses in their balance of payments usually have a favorable currency because they exports more than it imports.

Hence, the country will not want to see their currencies appreciate because it makes their goods expensive abroad and foreign goods be cheaper in their countries.

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Consider the different steps of the Waterfall and Agile project management approaches and consider the benefits of each one. Then, reflect on a project that you recently completed. Write 5-10 sentences on which approach you would use choose if you were starting it from scratch, and why. ​

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The waterfall project management approach aims to make the project flow continuous through the phases:

Requirements analysisProjectImplementationIntegrationVerificationMaintenance

In the Agile approach, there are four fundamental principles for creating value, which are:

Individuals and interaction about processes and tools.Job software with comprehensive documentation.Customer collaboration in contract negotiation.Responding to change by following a plan.

The benefits of each of these management approaches are to generate value in the internal and external environment, through greater adaptation to rapid social, economic and technological demands, and through the improvement of quality.

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Kane manages a used bookstore. He reads a report advising him to stock
more encyclopedias. However, the report is mistaken; customers in Kane's
town hardly ever buy encyclopedias. What problem could this mistake cause?
A. The report could be difficult for Kane to understand.
O B. The bookstore could run out of inventory.
C. The bookstore's reputation could be damaged.
D. The bookstore could lose money if customers buy less than
expected.
SBSM

Answers

Answer:

I would say that the answer is D. If he knows that people don't buy encyclopedia's, yet he stocks them, the store could lose money because no one would buy it.

Explanation:

Hope this helps. :D

The bookstore could lose money if customers buy less than expected, is the problem Kane would face by this mistake. Thus, option D is correct.

What is encyclopedia?

Throughout its lengthy history, the definition of the word "encyclopedia" has undergone significant alteration. Most people today imagine an encyclopedia to be a multivolume compilation of all knowledge, complete with maps, a thorough index, and a variety of ancillary materials like bibliographies, illustrations, lists of abbreviations and foreign words, gazetteers, etc.

They assume that it will contain biographies of important people from the past and the present, and that the alphabetically arranged contents will have been written in their own language by a large number of people and edited by a highly qualified and scholarly staff; however, none of these components have remained constant over time.

Therefore, we can conclude that option D is correct.

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#SPJ5

Cash flows from __________ activities are the cash flows from transactions that affect the net income of a company.

Answers

Answer: Operating

Explanation:

A chicken farmer can produce one crate of eggs at a cost of $9. 86, and can sell that crate for $34. 24. If the farmer has a starting overhead cost of $7,312, not including production costs, how many crates must be sold in order to realize a profit of $11,300, to the nearest crate? a. 164 b. 330 c. 463 d. 763.

Answers

Based on the equation used, the number of crates that must be sold in order to realize the profit is 763 crates.

Let the number of crates be represented by x.

Based on the information given, the equation to solve the question will be:

(34.24 × x) - (7312 + 9.86x) = 11300

34.24x - 7312 - 9.86x = 11300

34.24x - 9.86x = 11300 + 7312

24.38x = 18612

x = 18612 / 24.38

x = 763

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Discuss the value of technology in business.

Answers

Answer:

The vaule of technology in business is very important like the most important of the business because it help keeps tracks of things,  save database, and it help the business grow.

A project's break-even occupancy level is determined by: _______________

a. adding vacancy and rent loss allowances to the net operating income, and dividing by the operating expenses.
b. subtracting debt service from the before-tax cash flow, and dividing by net operating income.
c. adding the operating expenses to the debt service, and dividing by the gross potential revenue.
d. subtracting operating expenses from effective gross income, and dividing by the operating expense ratio.

Answers

Answer:

a. adding vacancy and rent loss allowances to the net operating income, and dividing by the operating expenses.

For the last 20 years, Terry has made regular quarterly payments in the amount of $308 into an account paying 1. 5% compounded quarterly. If, at the end of the 20 year period, Terry stops making deposits, transfers the balance to an account paying 5. 5% interest compounded annually, and withdraws a annual salary from the account, determine the amount that he will receive every year for 10 years. Round to the nearest cent. A. $28,672. 88 b. $3,803. 97 c. $28,780. 40 d. $3,074. 66.

Answers

The amount that will be received by Terry at the end of every year for 10 years is $3,803.97

Computations:

1. First the future value will be computed:

Given,

[tex]A[/tex] =$308, Annuity or the quarterly payment amount.

[tex]r[/tex] =1.5%, the rate of interest to be paid quarterly; thus the effective rate of interest will be: 0.375% [tex](\frac{1.5\%}{4})[/tex]

[tex]n[/tex] = 20 years, number of periodic payments, but the effective time period for the computation will be 80 payments that are: [tex](20\times4(\text{quarter}))[/tex]

[tex]\begin{aligned}\text{Future Value}&=\dfrac{A\times(1+r)^n-1}{r}\\&=\dfrac{\$308\times(1+0.00375)^{80}-1}{0.00375}\\&=\$28,672.88\end{aligned}[/tex]

2. From the determined future value that will be used in the present value formula, where 5.5% interest compounded at which Terry will receive an amount for every 10 years will be computed.

Given,

Present value =$28,672.88

[tex]r[/tex] =5.5%, the coumpounded rate of interest

[tex]n[/tex] =10 years

[tex]\begin{aligned}\text{Present Value}&=\dfrac{A(1+r)^n-1}{r(1+r)^n}\\\$28,672.88&=\dfrac{A(1+0.055)^{10}-1}{0.055(1+0.055)^{10}}\\A&=\dfrac{7.537}{\$28,672.88}\\A&=\$3,803.97\end{aligned}[/tex]

Therefore, after the payment of $308 for 20 years, Terry will start receiving the amount of $3,803.97 every 10 years.

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Integrated Marketing Communication involves coordinating only paid personal communications. True False

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it is false that Integrated Marketing Communication involves coordinating only paid personal communications because it involves paid and non-paid personal communications.

A paid personal communications entails the communication channel which requires payment such as advertisement.

An Integrated Marketing Communication entails integrated marketing elements which helps to communicate with the customers.

The element of Integrated Marketing Communication includes:

public relationssocial mediaaudience analyticsadvertising etc

In conclusion, it is false that Integrated Marketing Communication involves coordinating only paid personal communications because it involves paid and non-paid personal communications.

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Ming made a car insurance payment of $122. 50. He’ll use the check register to record his transaction. What will be his new balance? An account statement has a balance of 802 dollars and 10 cents. $.

Answers

Based on the information given the new balance is $679.60.

Using the formula

New balance=Account statement balance-Insurance payment

Where:

Account statement balance=$802.10

Insurance payment=$122.50

Let plug in the formula

New balance=$802.10-$122.50

New balance=$679.60

Inconclusion the new balance is $679.60.

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Conciliation differs from arbitration in that:________.
a. the conciliator is a neutral third party.
b. the conciliator's goal is to provide a solution to the dispute.
c. the conciliator's solution is legally binding on both the union and management.
d. the conciliator is a member of the union or of management.
e. the conciliator has no formal power over union representatives or management.

Answers

Answer:

I think answer is a.the concilliator is a neutral third party

What phrase could a licensee use in advertising that would not discriminate on the basis of familial status

Answers

Senior discount is the phrase that a licensee could use in advertising that would not discriminate.

A familial status discrimination is known to occurs when the landlord, manager  or property owner treats someone very differently.

The other options clearly discriminate the familial status.

Hence, the Senior discount is the phrase that a licensee could use in advertising that would not discriminate.

Therefore, the Option is correct.

Missing options "Couples only Empty nesters No bicycles allowed Senior discount"

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What is the BEST way to stay organized? Person with a descriptive and correct one sentence answer will receive brainliest for their hard efforts.

Answers

Answer:

Jssjnsnss is a great place to work for and it is a great place to work for and it will help us out to the best of our experience as well as the best and fastest growing business in the

Answer:

watch your behavior to identify actions that contribute to the problem of being disorganized and commit to changing problem behaviors.

Explanation:

(or incorporate the most important organizing tasks into routines.)

What is a product mix ?

Answers

Full set of products

why do many people have a fraught relationship with money?

Answers

Answer:

They often put their wants before their needs

What includes the increasingly complex management of processes, information, and communication to take a product from cradle to grave

Answers

The increasingly complex management of processes, information, and communication to take a product from cradle to grave refers to Logistics.

What is Logistics?

Logistics can be described in the most simple of ways, as the planning and management of a series of factors in order to achieve the end goal of a product. Logistics involves a series of complex processes required to oversee the proper flow of a product from its origin to its consumption by the public.This is important in order to ensure adherence to norms and regulations and allow for an efficient and detailed process of production.

Therefore, we can confirm that when stating the increasingly complex management of processes, information, and communication to take a product from cradle to grave, we are referring to Logistics.

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If a product is considered a bundle of attributes, what would be two attributes of a tube of toothpaste

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If a product is considered a bundle of attributes, the two attributes of a tube of toothpaste will be: Weighs 10 grams and is Water resistant.

A product is considered a bundle of attributes that could be tangible or not.

In describing the product attributes of a toothpaste tube, we could reference the fact that it is lightweight and is resistant to water.

These attributes are the features that make the product attractive to consumers.

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Answer: Flavor of toothpaste & Size of container

Explanation:

The correct answer for smartbook.

A wholesale lending arrangement that permits a mortgage broker to originate, close, and fund a loan using a warehouse line of credit is called:

Answers

Answer:

table funding

Explanation:

Put the following items in order from most expensive to least expensive. Item Base Price Change Direction Toaster $23. 35 36% Markup DVD $20. 36 66% Markup Headphones $69. 09 56% Markdown Jeans $55. 08 41% Markdown a. Headphones, jeans. Toaster, DVD b. Headphones, DVD, toaster, jeans c. DVD, toaster, headphones, jeans d. DVD, jeans, toaster, headphones.

Answers

The items arranged from most expensive to least expensive is  DVD, jeans, toaster, headphones.

A mark up increases the price of an item while a mark down reduces the price of an item.

Price after a mark up = (1 + mark up) x base price

Price after a mark down = (1 - mark down) x base price

Price of the toaster after the mark up: (1.36 x $23.35 = $31.76

Price of the DVD after the mark up: 1.66 x $20.36 = $33.80

Price of the head phones after the mark down: (0.44 x $69.09 = $30.40

Price of the jeans after the mark down: 0.59 x $55 = $32.45

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The answer is:D. DVD, jeans, toaster, headphones.

Employers will be evaluating your attitude and communication skills during an interview. Please select the best answer from the choices provided T F.

Answers

It is true that the employers will be evaluating the attitude and communication skills of the job applicant during an interview

Basically, an interview is conducted by the recruiting firm to assess the various skills, behavior of the job applicant.

The communication skills, qualifications, attitude, tone, cultures, norms are all assessed, even though the applicant might be unaware of them.

In conclusion, it is true that the employers will be evaluating the attitude and communication skills of the job applicant during an interview.

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Answer:

True

Explanation:

Employers will be evaluating your attitude and communication skills during n interview.

Edg 2022

which is a good synonym for the word barter in the term barter economy?

Answers

It should be noted that a good synonym that can be used for the word barter in a barter economy is trade.

A barter economy simply means a cashless economy where a good and services are traded at negotiated rates.

It should be noted that barter systems are known as one of the earliest forms of trade. Therefore, a synonym that can be used for the word barter in a barter economy is trade.

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