(a)
Journal entries:
1. Original subscription:
Cash $663,000
Subscription Receivable $663,000
2. Collection of down payments:
Cash $284,490
Subscription Receivable $284,490
3. Collection of balance of subscription price:
Cash $378,660
Subscription Receivable $378,660
4. Issuance of shares:
Subscription Receivable $663,000
Common Stock $663,000
1. The original subscription entry records the issuance of 39,000 shares to subscribers and the corresponding amount to be collected.
2. The collection of down payments entry reflects the receipt of 43% of the subscription price from subscribers.
3. The collection of the balance of the subscription price entry indicates the receipt of the remaining 57% of the subscription price from subscribers.
4. The issuance of shares entry records the conversion of the subscription receivable into common stock, representing the completion of the subscription process.
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The open-door policy is an example of an alternative dispute resolution.
a. True
b. false
False. The open-door policy is an example of an alternative dispute resolution.
The open-door policy is not an example of an alternative dispute resolution (ADR). The open-door policy refers to a management practice that encourages employees to freely communicate with higher-level management or executives regarding any concerns or issues they may have. It aims to foster transparency, open communication, and a supportive work environment. On the other hand, alternative dispute resolution (ADR) refers to methods and processes used to resolve disputes outside of traditional litigation, such as negotiation, mediation, and arbitration. ADR provides parties with a more informal and collaborative approach to resolving conflicts, often without the need for going to court.
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This software application can be used to organize, analyze, and illustrate data.
Answer:
its Excel :)
Explanation:
I learned abt it
Answer:
person above me
Explanation:
Based on the BCG Perspectives article, "Your Strategy Needs a Strategy" which of the following is true?.
a. A small company in a highly concentrated (and less malleable) industry would be advised to adopt an adaptive or classical strategy.
b. A company in an emerging market that is both unpredictable and malleable, would be advised to adopt a visionary strategy.
c. Production is frequently characterized by low volatility (low unpredictability) and high fixed costs (low malleability) recommending a shaping strategy.
d. When economic recessions and downturns, a company should adopt an adaptive strategy.
b. A company in an emerging market that is both unpredictable and malleable would be advised to adopt a visionary strategy.
According to the BCG Perspectives article "Your Strategy Needs a Strategy," a company in an emerging market that is unpredictable and malleable should adopt a visionary strategy. In such markets, where conditions are constantly changing, a visionary approach allows the company to anticipate and shape the market through innovation and creating new opportunities. This strategy is suitable because emerging markets often lack established rules and norms, providing more flexibility for companies to introduce disruptive ideas and shape the market in their favor. By being visionary and proactive, companies can gain a competitive advantage and drive growth in these unpredictable and evolving markets.
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The invisible hand principle indicates that competitive markets can help promote the efficient use of resources Group of answer choices only if buyers and sellers really care, personally, about economic efficiency. even when each market participant cares only about their own self interest rather than about the overall efficiency of resource use. even if business firms fail to produce goods efficiently. if, and only if, businesses recognize their social obligation to keep costs low and use resources wisely.
Answer:
even when each market participant cares only about their own self interest rather than about the overall efficiency of resource use.
Explanation:
A capitalist economy also referred to as free-enterprise system, pure capitalism, or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a capitalist economy is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.
Simply stated, a capitalist economy is a type of economy that is completely driven by demand and supply of goods and services.
The invisible hand principle indicates that competitive markets can help promote the efficient use of resources even when each market participant such as producer and suppliers cares only about their own self interest rather than about the overall efficiency of resource use.
The "invisible hand" concept asserts that, the self-interest by producers and suppliers of resources in a market system will automatically promote the public interest as well.
This ultimately implies that, public and private interest will always coincide assuming there exist competition in a free market system.
In conclusion, the invisible hand concept is a metaphorical description of the unforeseen forces that typically moves a free market system or economy.
what is the difference between GAAP and IFRS?
Answer:
GAAP is rules-based and IFRS is principles-based.
What's an assembly line for business and what does it do?
Answer:
An assembly line is basically just a series of workers who assemble identical items in a line. One of the first uses of the assembly line was in Henry Ford's car factory.
You and four other team members attend a seminar on conflict. The seminar costs $150 per person. You will need to drive two cars to the seminar, and make a 100-mile round trip from your office. If two drivers are reimbursed 37.5 cents per mile, what is the cost for the seminar?
Answer: $825
Explanation:
Total seminar cost for the team;
= 150 * 5 people
= $750
Two cars need to be driven the 100-mile round trip at 37.5 cents per mile.
= 2 * 100 * 37.5
= 7,500 cents
= $75
Cost of Seminar = 750 + 75 = $825
under current us gaap, firms may account for an investment in an equity security using any of the following three approaches: held-to-maturity (htm), available-for-sale (afs), or trading.
Under current US GAAP (Generally Accepted Accounting Principles), firms may account for an investment in an equity security using any of the following three approaches: held-to-maturity (HTM), available-for-sale (AFS), or trading.
1. Held-to-Maturity (HTM): With the HTM approach, firms account for equity securities that they have the intent and ability to hold until maturity. These securities are reported at amortized cost on the balance sheet, with any unrealized gains or losses unrecognized.
2. Available-for-Sale (AFS): Under the AFS approach, equity securities that are not classified as HTM or trading securities are accounted for. These securities are reported at fair value on the balance sheet, with unrealized gains or losses recorded as a separate component of shareholders' equity until realized.
3. Trading: Equity securities classified as trading are those bought and held principally for the purpose of selling them in the near term. They are reported at fair value on the balance sheet, with unrealized gains or losses recognized in the income statement.
Each approach has specific criteria and reporting requirements, and firms must carefully consider the nature of the investment and their intentions in order to determine the appropriate accounting treatment.
Under US GAAP, firms have the flexibility to account for investments in equity securities using the held-to-maturity, available-for-sale, or trading approaches. The choice of approach depends on the firm's intent and the nature of the investment.
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Place holders are:
O A. aspects of cloud software that hold your file in place.
O B. image databases that users can utilize.
O C. specific areas designed for images only on the slides.
•
D. areas of the slides that can accommodate text or media.
Answer:
C. specific areas designed for images only on the slides
hope it helps
1. discuss the impact of the growing number of dual-income households on (a) nonstore retailing and (b) the retail mix.
impact of the growing number of dual-income households on nonstore retailing So correct answer is A
Firstly, nonstore retailing has seen a significant increase in demand due to the growing number of dual-income households. With both partners working full-time jobs, they have limited time to go to physical stores to shop for their daily needs. Therefore, nonstore retailing has become an attractive option for such households. Nonstore retailing includes e-commerce, mail-order catalogs, direct selling, and telemarketing. These nonstore retail options allow consumers to shop at their convenience and provide them with a wider range of products to choose from. As a result, nonstore retailing has become a preferred choice for dual-income households.
Secondly, the retail mix has also been impacted by the growing number of dual-income households. Retailers have to adapt their strategies to cater to the changing needs and preferences of consumers. For instance, retailers are now offering more convenience-based services, such as online shopping, delivery, and click-and-collect services. These services have become more common, especially in grocery retailing, as dual-income households have limited time to visit stores physically. Retailers have also increased their focus on providing value-added services, such as meal kits and personal shopping, which appeal to busy consumers. The retail mix has become more focused on providing convenience, value, and a seamless shopping experience to attract and retain dual-income households.
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Long-Run Cost
The table below contains partial information on the long-run, cost-minimizing combination of labor and capital for a firm. Specifically, it gives a
schedule of labor input, total product (or output), and the corresponding marginal product of labor (MPL).
Do the following:
Part 1: Complete the table, entering a formula for the marginal product of labor (MPL).
Part 2 (a., b., and c.): Find the values requested.
Part 1:
(Carry to 2
decimal place)Production Table
Labor
Total Product
(Output)
Marginal
Product of
Labor (MPL)
0 0 -----------
200 390
400 1357
600 2803
800 4634
1000 6752
1200 9062
1400 11469
1600 13875
1800 16186
2000 18304
2200 20134
2400 21581
2600 22547
Part 2 (a., b., c.):
Setup: Suppose the cost of each unit of labor (L) is $20 per hour, the cost of each unit of capital is $75 per hour, and the firm has a total budget of $75,000 to spend on labor and capital.
The firm is employing the long-run, cost-minimizing combination of the inputs, as shown in the diagram.
2. Using the table above, information in the setup, and the diagram, determine the following:
2a. Maximum quantity of capital the firm could employ (i.e. Max. K in the diagram):
To find the maximum quantity of capital the firm could employ, we need to consider the budget constraint. The firm has a total budget of $75,000 to spend on labor and capital. The cost of each unit of labor is $20 per hour, and the cost of each unit of capital is $75 per hour.
We can calculate the maximum quantity of labor the firm can employ by dividing the total budget by the cost of each unit of labor: $75,000 / $20 = 3750 hours of labor.
Next, we can calculate the maximum quantity of capital the firm can employ by dividing the remaining budget after spending on labor by the cost of each unit of capital: ($75,000 - ($20 * 3750)) / $75 = 750 units of capital.
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involves changing a product to meet local conditions or wants in foreign markets.
Adaptation involves modifying a product to suit the specific conditions or preferences of foreign markets, ensuring that it aligns with local needs, cultural norms, regulations, or preferences to enhance its acceptance and success in those markets.
Adaptation, in the context of international marketing, refers to the process of making changes to a product to meet the unique conditions, preferences, or wants of foreign markets. When expanding into different countries, companies often need to tailor their products to accommodate local cultural, social, economic, or regulatory factors. This may involve adjusting product features, packaging, branding, pricing, or even distribution channels to better resonate with the target market. By adapting the product, companies can ensure that it meets the specific needs and expectations of customers in different countries, increasing its relevance, appeal, and ultimately its market success in foreign markets. Adaptation enables companies to effectively navigate the complexities of diverse markets and build stronger connections with local consumers.
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What is the best definition of global trade?
when products, service and money are exchanged between English-speaking countries
when products, service and money are exchanged between states within the USA.
when products, service and money are exchanged between counties within a state
when products, service and money are exchanged between different countries
Answer:
fourth option
Explanation:
global trade is worldwide
it is the 4th option
The debt-to-income (DTI) ratio of a borrower is used to compare _____ to the borrower’s gross monthly income. A. Monthly credit expenses (credit cards and loans) b. Monthly debt expenses from loans (home, personal, auto, student) c. Monthly housing expenses (rent or mortgage, homeowner’s insurance, property tax, utilities) d. Monthly living expenses (rent or mortgage, property tax, mortgage insurance, minimum credit card payments, and monthly loan payments).
Answer:
Answer is D. monthly living expenses (rent or mortgage, property tax, mortgage insurance, minimum credit card payments, and monthly loan payments)
Explanation:
I just took the quiz and got it right.
HAPPY EARLY ST. PATRICK'S DAY
Answer:
d
Explanation:
on edge
Louis files as a single taxpayer. In April of this year, he received a $900 refund of state income taxes that he paid last year.
How much of the refund, if any, must Louis include in gross income under the following independent scenarios? Assume the standard deduction last year was $12,400. (Leave no answer blank. Enter zero if applicable.)
a. Last year Louis claimed itemized deductions of $12,650. Louis’s itemized deductions included state income taxes paid of $1,750 and no other state or local taxes.
Refund to be included in gross income.....?
b. Last year Louis had itemized deductions of $10,800 and he chose to claim the standard deduction. Louis’s itemized deductions included state income taxes paid of $1,750 and no other state or local taxes.
Refund to be included in gross income.....?
c. Last year Louis claimed itemized deductions of $13,840. Louis’s itemized deductions included state income taxes paid of $2,750 and no other state or local taxes.
Refund to be included in gross income.....?
the refund to be included in gross income is $0.
a. In scenario a, Louis claimed itemized deductions of $12,650, which included state income taxes paid of $1,750. Since Louis received a refund of $900 of the state income taxes paid last year, he must include the refund amount in his gross income. Therefore, the refund to be included in gross income is $900.
b. In scenario b, Louis had itemized deductions of $10,800 but chose to claim the standard deduction. Since Louis did not itemize his deductions for state income taxes paid, he does not need to include the refund in his gross income. Therefore, the refund to be included in gross income is $0.
c. In scenario c, Louis claimed itemized deductions of $13,840, which included state income taxes paid of $2,750. However, since the standard deduction last year was $12,400, Louis would have been better off claiming the standard deduction. Therefore, Louis did not actually pay the state income taxes of $2,750. As a result, he does not need to include the refund in his gross income.
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Which of the following is a section found in most business plans?
A. Crowdfunding
B. Bank account information
C. Legal requirements
D. Target market
Answer:
D. Target market
Explanation:
Enjoy the response
Out of the choices provided above, the legal requirements and target market are the sections generally found in most of the business plans. Therefore, the options C and D hold true.
What is the significance of a business plan?A business plan can be referred to or considered as a plan that is a part of the functions of management of the business process throughout their entirety of operations. Planning is the first and foremost step in business operation.
A business plan includes the key elements that revolve around the operations to be carried out by a business organization. The legal requirements and target market are taken into consideration while making a business plan.
Therefore, the options C and D hold true and state regarding the significance of business plan.
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In this activity, you will demonstrate your understanding of visual merchandising by creating a drawing (on paper or through a computer program) of a visual merchandising display. You may choose any type of product to market, except for clothing and accessories.To begin this activity, research effective visual merchandising strategies. The following links can help you get started:
Next, draw the product itself and illustrate how you plan to display it in a retail store. Here are a few guidelines to follow:
Feature the product itself in such a way that it is clear which product or products are being marketed.
Keep your target market in mind when choosing which visual merchandising techniques to use in your illustration.
Use a minimum of three visual merchandising techniques discussed in the online articles you’ve just read.
Now, write an explanation of your visual merchandising plan and why consumers will find it appealing. Be sure to include the following:
Identify the product you are selling and your target market.
Explain which visual merchandising techniques you’ve used in your drawing. Use at least two techniques.
Defend each visual merchandising strategy you used, and explain how it contributes to the intended effect of getting more consumers to buy more products.
Explain why the visual merchandising techniques you chose are well suited for the particular product you are selling and your target market.
Finally, take a picture of your drawing, and submit it along with your paragraph.
Visual merchandising is known ton be a marketing method or process that is said to make use of elements such as color, lighting etc. to bring customer attention to their business or product.
The product i will use this visual merchandising techniques for is hair growth oil for ladies who are my target market.
The visual merchandising techniques i will use is tell a Story or a customer's testimony about the miracle of using the product and also I will use Product Placement method to attract customers.
Who is a visual merchandiser?The work of a visual merchandiser is to help in product promotion as well as hype retail brands and services in-store/online etc.
The use of visual merchandising methods such as telling the product miracle Story or the use Product Placement method will help one to have a lot of customers.
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Career connection Follow the instructions and record your work in the
Make your interview as strong as you can because it could mean the difference between landing your ideal job or not.
What is Career connection ?It is extremely valuable to seek the advice of an industry mentor, leader, or seasoned professional because you will not only learn about the person's specific job but also about the industry as a whole, how they got to where they are in the field, whether you would enjoy their work, and how to structure your own career goals from an industry expert.
Send a request for an informative interview through email or phone to the person's workplace to arrange a non-formal interview regarding their position.
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Imagine that you are a college student, and you use Tasks to manage all your school assignments. Would there be any disadvantages to this system?
Homework can develop time management skills, forcing students to plan their time and make sure that all of their homework assignments are done on time.
Answer:
Explanation: i though the same thing
Which of these is an example of perfect competition?
a. many small companies selling food grains
b. some big companies selling computers
c. few companies selling aerated cold drinks
d. many international companies selling bicycles
Answer:
a. many small companies selling food grains
Explanation:
Perfect competition is a market including many small companies selling the same product to promote healthy competition.
Answer:
A.) many small companies selling food grains
Explanation:
Plato
A company exhibiting a high liquidity ratio is likely to have enough resources to pay off its short-term obligations. True or false?.
A company exhibiting a high liquidity ratio is likely to have enough resources to pay off its short-term obligations is a True Statement.
By calculating indicators such as the current ratio, quick ratio, and operational cash flow ratio, liquidity ratios assess a company's capacity to meet its financial commitments as well as its margin of safety.
The current ratio, acid test ratio (sometimes called the quick ratio), cash ratio, and working capital ratio are some of the most typical instances of liquidity ratios. Different analysts view certain assets as relevant in different ways.
Current liabilities, often known as short-term obligations, refer to a company's debts that are due to be repaid within a year. Short-term bank loans, accounts payable, salaries, lease payments, and income taxes payable are typical examples of short-term debt.
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Sergei’s boss has very strong opinions and often frowns upon questions from the team. This creates an environment where everyone just agrees with the boss decisions without questioning them
Knowing and comprehending each team member's opinions personality type will enable you to assign tasks in a way that best suits their interests and passions.
By doing this, you will raise team morale and productivity to their highest levels. Therefore, I always let my manager know when I'm having an issue. I jot out a list of my annoyances. I request a meeting with my employer opinions and explain these issues in detail. I want to be sure I'm not coming out as rude or sounding like I'm making any accusations against my supervisor. Good staff knowledge results in higher output and results.
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JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
In cell H4, calculate the donation amount by multiplying the Streaming Revenues by the percentage in cell I1, using absolute references as needed
Answer:
=G4*$I$1
Explanation:
Answer:
=Table1[Streaming Revenues]-Table1[Donation]
Explanation:
esearch on transformational and transactional leadership shows a. transactional leadership is more effective than transformational leadership. b. transactional leaders have little to no influence on employee attitudes. c. transformational leaders create higher levels of commitment to organizational change efforts. d. transactional leaders increase the intrinsic motivation of their followers.
Based on various study analyses, the research on transformational and transactional leadership shows that "transformational leaders create higher levels of commitment to organizational change efforts."
This is because transformational leaders are the type of leaders that encourage and motivate their followers to make effective changes.
On the other hand, transactional leaders are types of leaders that mainly promote changes that favor their self-interest.
Hence, in this case, it is concluded that the correct answer is option C. "transformational leaders create higher levels of commitment to organizational change efforts."
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Select the examples that best demonstrate likely tasks for Business Financial Management and Accounting workers.
Check all that apply
Horace documents information about a company's spending on a computer
Sun creates a budget to show how money will be used
Noel creates goals and policies for a company and presents them at a meeting
Jermaine researches a company's potential customers and ways to sell to them.
Selina helps employees and management to negotiate and come to agreement.
Aubrey checks documents and reports to make sure they are accurate and complete
Answer:
A.) Horace documents information about a company’s spending on a computer.
B.) Sun creates a budget to show how money will be used.
F.) Aubrey checks documents and reports to make sure they are accurate and complete.
Explanation:
I did the assignment
Answer:
A.) Horace documents information about a company’s spending on a computer.
B.) Sun creates a budget to show how money will be used.
F.) Aubrey checks documents and reports to make sure they are accurate and complete.
Explanation:
took it on edge 2020 and got it right
At the end of 2020, the balances in the accounts related to the defined benefit pension plan of the Norton Company were as follows:
Projected benefit obligation 690,000
Unrecognized prior service cost (remainder to be amortized over 12 years) 37,750
Unrecognized net loss 123,000
Plan assets (at fair value) 722,625
On 1/1/21, Norton amended the plan to provide an increased amount of pension benefits; the prior service cost resulting from this
amendment was $45,500. At 1/1/21, the average remaining service life of employees expected to receive benefits was 10 years.
The following information relates to the year 2021:
Service Cost 70,625
Settlement rate 5%
Expected rate of return on plan assets 4%
Plan contribution (at year-end) 103,500
Benefit payments to retirees (at year-end) 90,750
In 2021, Norton’s actual return on plan assets was $27,500. Norton follows a policy of recognizing gains/losses on a delayed basis
using the "corridor approach". At the end of 2021, there was one change in the estimates and assumptions relating to computation of the
projected benefit obligation, resulting in a decrease in the PBO of $29,000.
Required:
a. Prepare Norton’s pension worksheet, and prepare the journal entry that Norton would make to record the expense calculated.
b. Which items will be reported on the financial statements for 2021 and where will they be reported?
c. Prepare the pension note required for the 12/31/21 financial statements.
The actual return on plan assets for 2021 was $27,500 and the total net pension expense for 2021 was $83,250. This can be calculated as given below in the explanation section.
a. Pension Worksheet:
Beginning Balance at 1/1/21
Projected benefit obligation (PBO): $690,000
Unrecognized prior service cost (UPSC): $37,750
Unrecognized net loss (UNL): $123,000
Plan assets (at fair value): $722,625
2021 Service Cost: $70,625
Actual return on plan assets: $27,500
Change in PBO due to estimate and assumption changes: -$29,000
Ending Balance at 12/31/21
Projected benefit obligation (PBO): $732,750
Unrecognized prior service cost (UPSC): $83,250
Unrecognized net loss (UNL): $91,500
Plan assets (at fair value): $754,125
Amounts for 2021 Expense:
Service Cost: $70,625
Settlement rate: $3,675
Expected return on plan assets: $(30,250)
Contribution: $103,500
Benefit payments to retirees: $(90,750)
Change in PBO due to estimate and assumption changes: $29,000
Net pension expense for 2021: $83,250
Journal Entry:
Debit Pension Expense 83,250
Credit Pension Liability 83,250
b. The following items will be reported on the financial statements for 2021 and will be reported under the liabilities section:
Projected benefit obligation (PBO) - $732,750
Unrecognized prior service cost (UPSC) - $83,250
Unrecognized net loss (UNL) - $91,500
Plan assets (at fair value) - $754,125
Pension expense - $83,250
c. Pension Note:
The Norton Company has a defined benefit pension plan with the following components as of December 31, 2021:
Projected benefit obligation (PBO) - $732,750
Unrecognized prior service cost (UPSC) - $83,250
Unrecognized net loss (UNL) - $91,500
Plan assets (at fair value) - $754,125
The PBO is calculated using a discount rate of 5% and an expected return on plan assets of 4%. Service cost, employer contribution, and benefits payments are also taken into account. An amendment to the plan in 2021 resulted in a prior service cost of $45,500 which is being amortized over 12 years.
The actual return on plan assets for 2021 was $27,500. The changes in estimates and assumptions related to the PBO resulted in a decrease of $29,000. The total net pension expense for 2021 was $83,250.
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first national bank has $160 million in checkable deposits, $30 million in deposits with the federal reserve, $10 million cash in the bank vault, and $10 million in government bonds. if the minimum reserve ratio is 20%, how much is the bank required to keep in reserves?
The amount that the bank is required to keep in reserves, given the minimum reserve ratio, is $32 million.
How to find the reserves ?The reserves that a bank is required to keep is based on the minimum reserve ratio, and it is meant to ensure that a bank can handle a situation where a lot of people want to withdraw their money at once.
The amount that a bank should keep in reserve is found by the formula:
= Checkable deposits x Minimum reserve ratio
= 160 million x 20%
= $32 million
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Natural Resources Canada tests new vehicles each year and reports several variables related to fuel consumption for vehicles in different classes. For 2018, the group provides data for 502502 vehicles that use regular fuel. Two variables reported are carbon dioxide (CO2)(CO2) emissions and highway fuel consumption (FuelConsHwy). CO2CO2 is measured in grams per kilometer (g/km), and highway fuel consumption is measured in liters per 100 kilometers (L/100 km).100 kilometers (L/100 km). Here is a scatterplot of the relationship between carbon dioxide emissions and highway fuel consumption.
Click to download the data in your preferred format.
CSV Excel JMP Mac-Text Minitab14-18 Minitab18+ PC-Text R SPSS TI CrunchIt!
Calculate the correlation between highway fuel consumption and CO2 emissions.CO2 emissions. Give your answer to two decimal places.
=r=
The correlation between highway fuel consumption and CO₂ emissions in the given scatterplot is 0.98.
Correlation is a measure of association between two variables. It ranges from -1 to +1. A positive correlation indicates a positive association between two variables, while a negative correlation indicates a negative association. Correlation values close to 0 indicate no association between the variables.
In the given scatterplot, we are given two variables: CO₂ emissions and highway fuel consumption. We need to calculate the correlation between these two variables. The correlation coefficient is denoted by ‘r’. To calculate ‘r’, we can use the following formula:
r = (nΣXY - ΣXΣY) / √((nΣX² - (ΣX)²) × (nΣY² - (ΣY)²))
Here, n is the number of observations, ΣXY is the sum of the product of X and Y, ΣX and ΣY are the sum of X and Y, respectively, ΣX2 and ΣY2 are the sum of squares of X and Y, respectively.
When we substitute the given values, we get:
r = (502 x 84603.75 - 5069.1 x 5780.46) / √((502 x 117324.39 - (84603.75)2) × (502 x 1613.20 - (5069.10)2))
r = 0.98
Therefore, the correlation between highway fuel consumption and CO2 emissions in the given scatterplot is 0.98.
Therefore, the correlation between highway fuel consumption and CO2 emissions in the given scatterplot is 0.98.
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Which types of investments are securities? Debt or equity?
Answer:
Securities are commonly thought of as tradable financial assets Equity securities common stocks Fixed income investments, including debt securities like bonds notes and money market instruments. Some fixed income investments such as certificates of deposit CDs may not be securities at all
Explanation: