When the organization pays wages that are relatively equal to that of other employers for similar work, this is the basis of: A. comparable worth B. external equity

Answers

Answer 1

Answer:

B. external equity.

Explanation:

External equity can be defined as the relationship or striking similarity between the wages (pay level) of an organization in comparison with what other employers in another organization pay its employees.

This ultimately implies that, external equity exists when the wages being paid by an employer is equal to the market rates. Market rates is very important for the determination and implementation of an external equity.

Hence, when an organization pays wages that are relatively equal to that of other employers for similar work, this is the basis of external equity. External equity can help an employer to maintain their labor force and gain employee confidence or loyalty.


Related Questions

Explain other advantages of the autociatic leadership style. se Se busines​

Answers

The autocratic leadership style has several advantages in certain business situations. Firstly, it allows for quick decision-making and efficient execution. In an autocratic leadership approach, the leader has the authority to make decisions without consulting others extensively. This can be advantageous in situations where immediate action is needed or when there is limited time for deliberation. By taking charge and making decisions swiftly, autocratic leaders can ensure that tasks are completed efficiently and objectives are met in a timely manner.

Secondly, autocratic leadership provides clear direction and reduces ambiguity. The leader in this style has a strong control over the decision-making process and can provide clear instructions to their team members. This clarity helps employees understand their roles and responsibilities, minimizing confusion and increasing productivity. Autocratic leaders often set specific goals and expectations, which can be beneficial in situations where precision and adherence to guidelines are crucial.

Additionally, the autocratic style can be effective in organizations or industries that require a hierarchical structure or where strict compliance is necessary. Industries such as the military, manufacturing, or emergency services often rely on autocratic leadership to ensure discipline, maintain order, and promote safety.

However, it is important to note that the autocratic leadership style may not be suitable for all situations or business contexts. It can stifle creativity and innovation by limiting input and involvement from team members. It may also lead to decreased employee satisfaction and motivation, as individuals may feel disempowered or undervalued. Therefore, the autocratic style should be used selectively and combined with other leadership approaches to create a balanced and inclusive organizational culture.

For more such answers on business situations

https://brainly.com/question/24553900

#SPJ8

The difference between the lower class limits of adjacent classes provides?

Answers

Answer:

C

Explanation:

can someone please help meeeeeeee

can someone please help meeeeeeee

Answers

Answer:

D: ISO 9000

Explanation: Labor Market Conditions, Land, quality-of-life all seem to be factors that do affect location decisions

I hope this helped :)

True or False: The term crawling peg implies that par value changes are implemented in a large number of small steps. The crawling peg mechanism has been used primarily by nations having high inflation rates.

Answers

Answer:true

Explanation:

The answer is TRUEEEEEEE

Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?

Answers

The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.

To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.

To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:

NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost

\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)

\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)

NPV = $3,913.04 + $3,537.41 - $7,800

NPV = -$350.55

For such more question on net loss:

https://brainly.com/question/28390284

#SPJ8

How do these three rules apply to your life? Explain them in your words and try to think about how they relate to your financial situation. (Hint: Think about how you earn money and how you spend money, also imagine that you have been offered a credit card with a starting line of credit at $1000)

Rule 1 - Don't have debt rise faster than income, because the debt burden will eventually crush you

Rule 2 - Don't have income rise faster than productivity, because you will eventually become uncompetitive

Rule 3 - Do all that you can to raise your productivity, because in the long run that's what matters most

Answers

The three rules below will help individuals achieve financial stability and security, which is critical for living a happy and stress-free life. They can learn new skills, enroll in courses, read books, and so on to increase their productivity levels.

Rule 1: Don't have debt rise faster than income, because the debt burden will eventually crush you.To avoid falling into a debt trap, one should prioritize their spending. It's always a good idea to live within one's means and avoid spending more than they earn.Rule 2: Don't have income rise faster than productivity, because you will eventually become uncompetitive.It's a good idea to focus on increasing productivity to achieve long-term financial stability. One must avoid situations where they are not productive but are earning more money, as this can make them uncompetitive in the long run.Rule 3: Do all that you can to raise your productivity, because in the long run that's what matters most.Productivity is the most critical factor in achieving financial stability. Increasing productivity can lead to higher earnings, which can help you reach your financial goals faster.

Individuals must always make efforts to improve their productivity.  It's always a good idea to live within one's means, avoid unnecessary debt, increase productivity, and invest in oneself. In conclusion, the above three rules can be beneficial to anyone looking to achieve financial stability.

For more such questions on financial stability

https://brainly.com/question/11694378

#SPJ8

Which are included in a customer profile?

Select all that apply.

A.)social media messages
B.)socioeconomic status
C.)promotions and prices
D.)attitudinal and behavioral details
E.)marketing strategies
F.)demographic information

Answers

Hey there!

I would say the answers are B, C, F

The others do not seem like something that would be in a customer profile.

Hope it helps and have a great day!

Suppose you own a bicycle but haven't found the time to ride it much lately. These days, it is only worth $25 to you. One of your close friends, who recently got a job at the college bookstore two miles down the road, wants to take it off your hands. He offers you $70 for the bicycle, and you gladly accept. Your friend is also happy because he thinks the bicycle is worth $94 . How much total value was created from this trade? $

Answers

The total value created from this trade can be calculated by subtracting the value of the bicycle to you from the value of the bicycle to your friend and adding it to the value of the bicycle to you.

The value of the bicycle to you is $25 and the value of the bicycle to your friend is $94.

Therefore, the total value created from this trade is: $94 - $25 + $70 = $139

So, the total value created from this trade is $139.

If the federal government wants to encourage businesses and consumers to spend more money, it wo
A)
increase the tax rate.
B)
decrease the tax rate.
C)
increase the reserve requirement.
Eliminate
D)
decrease government spending on goods and services.
Fearing a recession the government decide

Answers

Answer:

B) decrease the tax rate.

Explanation:

Decreasing taxes results in individuals and businesses paying lower taxes to the government. Reducing taxes increases the amount of disposable income available to individuals and firms. Therefore, a decrease in taxes will have the same effects as an increase in income. Households and firms will have more money available for spending.

Decreasing taxes is one way the government may use to encourage increased spending. On the other hand, an increase in taxes results in lower disposable income for people and firms.  A decrease in government spending results in fewer jobs available, which reduces incomes and consumer spending.

if a co worker asks for help with something but you're busy finishing a task, what should you say? A I have to finish this but I'm happy to help when I'm finished B I can't help you today C I'm busy can you ask someone else​

Answers

Answer:

A

Explanation:

it shows that you still value the co worker and are still willing to help so its up to them if they wait then that means its something you can do whatever that might be but if said co worker moves on to another for help that means that they couldn't wait or it was something that needed two people, a trivial task.

Jake is looking to sell his grandparents’ marketable assets. Those with the most liquidity are _____. (Select all that apply.)


his grandparents’ house

a municipal bond

a government savings bond in his grandparents’ names

100 shares of ABC Corporation common stock

Answers

Answer:

a municipal bond and 100 shares of ABC Corporation common stock

Which of the following is the best way to hide theft of assets? A) Only steal an immaterial amount of assets. B) Conversion of stolen assets into cash. C) Stealing cash from customer A and then using customer B's balance to pay customer A's accounts receivable. D) Charging the stolen asset to an expense account.Term
D

Answers

Charging stolen asset to an expense account is best way to hide the theft of assets.

What is an expense account?

A right to compensation for money spent by employees for employment-related purposes is known as an expense account. The following are some examples of common expense accounts: Cost of sales, utilities expense, discount permitted, cleaning expense, depreciation expense, delivery expense, income tax bill, health coverage expense, interest expense, advertising expense, promotion expense, repairs expenditure, maintenance expense, rent expense, salaries and wages expenditure, transportation expense, supplies expense, and refreshment expense. A debit must be made in order to grow an expenditure account. An expense account must be credited in order to lower it. The balance of the typical spending account is a debit. Because retained earnings are revenues less expenses less dividends, expenses appear under the equity side of the calculation, which is common stock plus retained profits.

To learn more about expense account, visit:

https://brainly.com/question/28246722

#SPJ4

SBA a business from any of the THREE sectors and conduct a research using newspaper clips, business articles, any business magazines, News 24 and a other business websites to answer the following Research (Part A) for your Select a business business questions. (Collect FIVE resources) must be NB After choosing the sector you able to motivate your answer then provide picture/ newspaper article of the business -You must identify challenges experienced by the business and classify those challenges according to the three Business Environments and state the extent of control.​

Answers

Selecting a business from one of the three sectors, conducting research using newspaper clips, business articles, any business magazines, News 24, and other business websites to answer research (Part A) questions. This article will discuss the challenges faced by the business and classify them based on the three business environments. The business selected for this research is Sasol, which belongs to the primary sector. Sasol is an integrated energy and chemicals firm with operations in over 30 countries and more than 30,000 employees. It mines coal and convert it into synthetic fuels and chemical feedstock. Sasol operates in a challenging environment, and it faces many challenges. However, in this research, we will discuss the most important challenges faced by Sasol. The following are the difficulties Sasol faces: Environmental challenges: Sasol is a large company, and it emits greenhouse gases, which affect the environment. Furthermore, environmental regulations have become more stringent, which is a significant challenge for the company. Sasol must adhere to environmental regulations, which will impact its operations. Sasol must also protect its reputation, which is critical to its success. Sasol should be proactive in responding to environmental challenges by investing in renewable energy and ensuring that it adheres to environmental regulations. Economic challenges: Sasol faces economic challenges, including fluctuating oil prices, currency volatility, and rising operating costs. These issues are beyond the company's control, and they can have a significant impact on Sasol's financial performance. Sasol must adapt to economic changes by diversifying its revenue streams and improving its operational efficiency. Social challenges: Sasol faces social challenges such as workforce diversity, employee engagement, and community relations. Sasol must address these challenges by fostering a diverse and inclusive culture, promoting employee engagement, and engaging with the community. Sasol must also ensure that its business practices align with the expectations of its stakeholders, including customers, employees, and investors. In conclusion, Sasol faces many challenges, which can be classified into three categories: environmental, economic, and social. Sasol has limited control over some of these challenges, but it must be proactive in responding to them to ensure its long-term success.

A business that you can select for this analysis is the importation of cars into a country. Some challenges that may affect the importation of cars include import duties and trade agreements between nations.

What are business challenges?

Business challenges refer to those problems that are encountered by entrepreneurs who want to go into any area of trade. For those into the importation of cars and other such items, excessive import duties might be limiting to them.

They may also experieice trade agreements sbetween nations and rising forex that amy not be favorable for trade.

Learn more about business challenges here:

https://brainly.com/question/30820313

#SPJ1

Match the type of teams to the scenario that portrays each of them.
traditional work teams

flexible work teams

self-managed teams

lean production teams

Sara loves working with her team. Each member is involved in some of the
decision-making activities. Her supervisor works as a part of the team and
sometimes alongside them when the situation requires it.

At Sam's workplace, he is a part of a team that reports to a supervisor. There is
no interdependence on the team, and each member has individual goals to
accomplish

At Tina's workplace, she is a part of a team that follows a standard operating
procedure, and their work is production-based. She has no say in management
activities.

Roy and his team members are highly involved in all the team activities and
decision-making activities at work. Each member has the liberty to choose the
work process that suits him or her best. Their supervisor facilitates the team's
requirements

Answers

Matching the type of teams to the best scenarios that portray them will be as follows:

Types of Teams                   Portraying Scenarios

Traditional work teams       C. At Tina's workplace, ...

Flexible work teams            A. Sara loves working ...

Self-managed teams           B. At Sam's workplace, ...

Lean production teams      D. Roy and his team members ...

The characteristics of teams are enumerated below:

Traditional work teams: individuals have shared processes and goals. Flexible work teams: there is greater flexibility in the working pattern. Self-managed teams: individuals are focused on their different objectives. Lean production teams: make quick decisions that benefit the company.

Thus, various work teams can be instituted, with each type achieving specific purposes.

Learn more about work teams at https://brainly.com/question/18122514

How does a command economy differ from a mixed market economy?


A - In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.
B - In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer property rights.
C - In a command economy, citizens own all public property. In a mixed market economy, the government owns all private property.
D - In a command economy, citizens own all private property. In a mixed market economy, the government owns all public property

Answers

In a command economy, citizens own all private property. In a mixed market economy, the government owns all public property is a command economy to differ from a mixed market economy. Hence, option D is correct.

What is a market economy?

The laws of supply and demand determine how goods and services are created in a market economy. Supply includes labour, capital, and natural resources. Demand is created by the purchases made by companies, governments, and consumers.

In a market economy, activity happens at random. It is not governed by a centralized body; rather, the supply and demand for goods and services decide it.

Thus, option D is correct.

For more details about market economy, click here:

https://brainly.com/question/2343400

#SPJ1


Gas, water, and electricity are examples of:

Answers

Gas, water, and electricity are examples of UTILITIES

Answer:

Utilities since they are essential services

Explanation:

Citizens are allowed to act in their own self-interest when given __________. A. job security B. political stability C. economic freedom D. government restrictions

Answers

Answer:

c

Explanation:

Answer:

C.Job security

Explanation:

did the quiz edge 2020

adopt the position of either a railroad magnate or a native american representative. if you are the railroad magnate, explain why laying track through native american territory in the american west is a good idea. if you are the native american representative, explain why railroad construction should not go through native american territory in the american west. remember, your focus here is on indian removal and westward expansion after the civil war, not prior (i.e., not the trail of tears or the cotton plantation economy).

Answers

The Cherokee, Choctaw, Muscogee (Creek), Chickasaw, and Seminole tribes were driven from their ancestral lands by the Trail of Tears, which prevented white Americans from expanding westward.

What caused the Trail of Tears and the Indian Removal Act?

The Five Civilized Tribes in the Southeast were specifically targeted by the Indian Removal Act of 1830, which was the impetus for the Trail of Tears. The Federal Government negotiated treaties to free up Indian-occupied land for white settlers, as mandated by the Indian Removal Act.

Was part of the westward expansion the Indian Removal Act?

Westward Expansion In the 1810s, a significant movement toward the west coast of North America began. Economic promise, federally issued Indian removal acts, and the belief in manifest destiny all contributed to its intensification. Utilizing a system of westbound trails, pioneers made their way to Oregon and California.

To learn more about Indian removal acts here:

https://brainly.com/question/20398734

#SPJ4

It Isn't necessary to consider convenlence Issues when selecting a bank.
O True
O False

Answers

It should be false bec u have to consider convenience issues when selecting bank
it should be false i agree

The dean of the School of Fine Arts is trying to decide whether to purchase a copy machine to place in the lobby of the building. The machine would add to student convenience, but the dean feels compelled to earn an 10 percent return on the investment of funds. Estimates of cash inflows from copy machines that have been placed in other university buildings indicate that the copy machine would probably produce incremental cash inflows of approximately $13,000 per year. The machine is expected to have a three-year useful life with a zero salvage value.



Use Present Value Appendix PV of $1, to determine the maximum amount of cash the dean should be willing to pay for a copy machine.

Note: Round your intermediate calculations and final answer to 2 decimal places.

Use Present Value Appendix PVA of $1, to determine the maximum amount of cash the dean should be willing to pay for a copy machine.

Answers

The dean should be willing to pay up to $32,324.40 for the copy machine, given the expected incremental cash inflows and the three-year useful life of the machine.

To determine the maximum amount of cash the dean should be willing to pay for a copy machine, we need to calculate the present value of the incremental cash inflows.

Using the Present Value of $1 table with a 10% discount rate, we can find the present value factor for a three-year period: 0.751.

Therefore, the present value of the incremental cash inflows is:

$13,000 x 0.751 = $9,763

This means that the maximum amount of cash the dean should be willing to pay for the copy machine is $9,763.

To calculate the present value of an annuity of $1, we can use the Present Value of an Annuity of $1 table. In this case, we need to use the same 10% discount rate and a three-year period.

The present value factor for an annuity of $1 for three years at 10% is 2.4868.

So, the maximum amount of cash the dean should be willing to pay for the copy machine, taking into account the incremental cash inflows over the three-year useful life of the machine, is

$13,000 x 2.4868 = $32,324.40

To know more about cash inflows here

https://brainly.com/question/31086720

#SPJ1

Provide an argument for how Coke's disastrous marketing campaign for New Coke might actually have been a good thing for the company's core product.

Answers

New Coke failed due to negative opinions on the product when it was reformulated, without this tremendous fail, Coke would probably have kept the New Coke without thinking of going back to the Classic Coke, this rebranding which resulted in significant success wouldn’t have happened if the consumers didn’t hate New Coke so much.

Lux Ladies, Inc., is a company that specializes in expensive and unusual gifts for all occasions. It keeps a large file of information on all of its regular customers, including names, addresses, and type of gifts they have ordered in the past, and the size and frequency of their orders. The electronic file which stores this information is a(n)

Select one:
a. spreadsheet.
b. MP3 file.
c. PERT file.
d. database.

Answers

Option D. The database is the The electronic file which stores this information for the company Lux Ladies, Inc.

What is a database?

A database in computing is a structured collection of data that is electronically accessible and stored. Large databases are housed on computer clusters or cloud storage, whilst small databases can be stored on a file system.

A database is a collection of data that has been organized to make it simple to manage and update. Data records or files containing information, including as sales transactions, customer information, financial data, and product information, are often aggregated and stored in computer databases.

Read more on database here: https://brainly.com/question/518894

#SPJ1

Calculate your month 1 expenses by adding the contents of column 8, your month 1 expenses. What is the total amount?

Calculate your month 1 expenses by adding the contents of column 8, your month 1 expenses. What is the

Answers

The total amount after adding month 1st expenses in the 8th column is 53,900$.

How to find?

Lets add all the values in column 8-

= 2000+3000+3500+3250+4700+5575+6500+7500+8375+9500

= 53,900$

Hence, the total amount is 53,900$.

What are those expenses, exactly?

Wages, salaries, repairs, rent, and depreciation are all examples of expenses. Profits are calculated by subtracting expenses from revenue. To lessen the tax burden and increase profits, businesses are permitted to deduct certain costs from taxes.

What are costs and expenses?

Expenses are ongoing payments, whereas costs are one-time payments. Cost typically appears on the balance sheet, whereas expense appears on the profit and loss statement.

To know more on Expenses visit:

https://brainly.com/question/30659071

#SPJ1

anyone mind helping me by checking if it’s right and correct them? thank you so much!

Consider the following T-account for cash.

1. Compute the balance of the cash account.

2. Specify which of the following cash transactions would have resulted in the $4,000 posting to the account. (You may select more
than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the
box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded
as incorrect.)
Receiving cash from customers

3. Specify which of the following cash transactions would have resulted in the $1,700 posting to the account. (You may select more
than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the
box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded
as incorrect.)

no random answers please ty

anyone mind helping me by checking if its right and correct them? thank you so much! Consider the following

Answers

a) The computed cash account debit balance based on the T-account is $5,100.

b) The cash transactions that would have resulted in the $4,000 posting to the cash account include:

Receiving cash from customersIssuing stock (for cash)Borrowing moneySelling assets (for cash).

c) The cash transactions that would have resulted in the $1,700 posting to the cash account include:

Paying cash for suppliesPaying cash for utilitiesPaying cash for rentPaying cash for equipmentPaying cash for employees salariesPaying cash for dividends.

What transactions are posted to the cash account?

Only cash transactions are posted to the cash account.

The transactions include receipt of cash (debited) and payment of cash (credited).

T-accounts are general ledger accounts in the form of the letter T showing the debit and credit sides.

Learn more about the cash account at https://brainly.com/question/24183362

#SPJ1

Which of the following are normally recorded on a registration card?

Answers

DONT OPEN THAT LINK ITS A HACKER IT CAN HAVK YOUR PHONE

Companies pursuing business-level strategies like cost leadership, differentiation, and integration should organize using a _______ structure.

Answers

Four regularly occurring business-level strategies emerge from these decisions: (1) huge value leadership , (2) large differentiation , (3) targeted price management , and (4) centered differentiation .

In rare cases, companies are able to offer both low expenditures and unique features that clients discover desirable.

What is a business-level strategy?

A business-level strategy is an innovative way for a employer to exhibit its special assets, amplify its aggressive facet and help the character components of its business enterprise feature as one complete unit.

When pursuing a cost management method a business ought to keep in mind that?

When pursuing a cost-leadership strategy, a business ought to take note that: Buyers will be reluctant to pay for a product until the pleasant is acceptable. In Strategy Highlight 6.2, Ryanair is aggressively pursuing a cost-leadership position in Europe.

Learn more about business-level strategy here:

https://brainly.com/question/28284743#SPJ4

What similarities do you see in current-day medicine and medicine in ancient times?

Answers

Answer:

Explanation:

Both modern and ancient medicine both use or use natural plants or herbs to help with illnesses. These types of medicines are still used today

what is GDP of a country

Answers

Answer:

Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Explanation:

GDP is an acronym for Gross Domestic Products (GDP) and it can be defined as a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

On a related note, Gross Domestic Products (GDP) is a measure of the production levels of any nation.

Basically, the four (4) major expenditure categories of GDP are;

I. Consumption (C).

II. Investment (I).

III. Government purchases (G).

IV. Net exports (N).

In conclusion, GDP is a measure of the total amount of finished goods and services produced by a country.

y
Which type of technology can help an athlete record the speed and force they have
on pucks or balls?

Answers

This technology, which was first employed in missile detection systems and then in weather analysis, is currently used in sports, where it records a large number of data points from the players, clubs, bats, sticks, pucks, and balls.

Technology is the application of knowledge to the attainment of realistic objectives in a repeatable manner. The term "technology" can also refer to the end results of such endeavours, encompassing both material instruments like machinery or utensils and immaterial ones like software.

Technology is the application of knowledge to the attainment of realistic objectives in a repeatable manner. The term "technology" can also refer to the end results of such endeavours, encompassing both material instruments like machinery or utensils and immaterial ones like software.

Learn more about the technology here:

https://brainly.com/question/9171028

#SPJ1

Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20 percent. Households
deposit $15,000 in currency into the bank, and the bank adds that currency to its reserves. What amount of excess reserves does the
bank now have?

Answers

Based on the concept of excess reserves and the available information, the amount of excess reserves the bank now has is $15,000

What is Excess Reserves

The excess reserve is a term that is used to describe the bank reserves held by a bank or financial institution over a reserve requirement for it set by a central bank.

Generally, the bank reserves for a commercial bank are represented by its cash holdings and any credit balance in an account at its Federal Reserve Bank.

To calculate the amount of excess reserves, we need to first determine the required reserves.

The required reserves can be calculated using the reserve ratio, which is the percentage of checkable deposits that banks are required to hold as reserves.

In this case, the reserve ratio is 20 percent. Therefore, the required reserves would be:

Required reserves = Reserve ratio * Checkable deposits

Required reserves = 0.20 * $100,000

Required reserves = $20,000

Since Third National Bank initially had reserves of $20,000, which is equal to the required reserves, there were no excess reserves.

After households deposit $15,000 in currency into the bank, the bank adds that currency to its reserves. Therefore, the bank now has $35,000 in reserves.

As there are now $35,000 in reserves and the required reserves are still $20,000, the excess reserves can be calculated as follows:

Excess reserves = Total reserves - Required reserves

Excess reserves = $35,000 - $20,000

Excess reserves = $15,000

Therefore, in this case, it is concluded that the bank now has $15,000 in excess reserves.

Learn more about Excess Reserves here: https://brainly.com/question/14173699

#SPJ1

The bank now has $15,000 in excess reserves.

The percentage of checkable deposits that banks must retain in reserves is known as the reserve ratio. The reserve ratio in this instance is 20 percent, which means that the bank must maintain reserves equivalent to 20 percent of its checkable deposits.

Initially, the Third National Bank has $100,000 in checkable deposits and $20,000 in reserves. If the reserve ratio is 20%, the necessary reserves would be $20,000, or 20% of $100,000.

The bank increases its reserves by $15,000 each time a household deposits money there. The bank's reserves rise by $15,000 as a result.

By deducting the required reserves from the total reserves, the amount of excess reserves is determined. After the deposit, the bank's entire reserves amount to $35,000 ($20,000 in starting reserves plus $15,000 in currency deposit). The necessary reserves still amount to $20,000.

Thus, the bank's excess reserves would be $20,000 less than its needed reserves, or $20,000 less than total reserves, or $15,000.

For more such questions on reserve ratio

https://brainly.com/question/30168198

Other Questions
Consider the two functions below. Which one of these functions is linear? What is its equation? Enter any answers to two decimal places. In which situation is it most important to display text using large letters whengiving a speech?A. When presenting remotelyB. When presenting in a classroom to a group of friendsC. When presenting with little access to technologyD. When presenting in a large room to a large audience Mt vt chuyn ng trn u c chu k T = 0,25 s. Tnh tn s chuyn ng f ca vt? specifications of the circuits. You have to relate simulation results to circuit designs and analyse discrepancies by applying appropriate input signals with different frequencies to obtain un-distorted and amplified output and measure the following parameters. voltage/power gain frequency response with lower and upper cut-off frequencies(f, f) and bandwidth input and output impedances To do this, design the following single stage amplifier circuits by clearly showing all design steps. Select BJT/JFET of your choice, specify any assumptions made and include all the parameters used from datasheets. Calculate voltage/power gain, lower and upper cut-off frequencies (f, fH bandwidth and input and output impedances. (i) Small signal common emitter amplifier circuit with the following specifications: Ic=10mA, Vcc=12V. Select voltage gain based on the right-most non-zero number (greater than 1) of the student ID. Assume Ccb =4pF, Cbe-18pF, Cce-8pF, Cwi-6pF, Cwo 8pF. (ii) Large signal Class B or AB amplifier circuit using BJT with Vcc=15V, power gain of at least 10. (iii) N-channel JFET amplifier circuit with VDD 15V and voltage gain(Av) of at-least 5. Assume Cgd=1pF, Cgs-4pF, Cas=0.5pF, Cwi-5pF, Cwo-6pF. Lashonda bought 21 pounds of sugar for $10. How many dollars did she pay per pound of sugar? Draw the monomers of a lipid (glycerol + fatty acids) and identify what makes it unique to other biomolecules.Could you simplify the explanation portion of the question to as few sentences as possible? Please an thank you :) If a plane truss satisfies the following condition then that truss is considered most stable truss or structure. n=2j3 where n= number of members and j= number of joints True False How to start an argument? Like a starter sentence Daredevil Danny hoop jump Step 4: b) Using your values of a, b, and c, did Daredevil Danny successfully pass through the Flaming Hoop Jump of Awesome? If not, describe what happened. Then, go back to critique your work and revise it. Write about your revision. (5 points) d) Once you have determined the correct values of a, b, and c, verify algebraically that Daredevil Danny will successfully pass through the Flaming Hoop Jump of Awesome. (5 points)Pleasee Helppp I can't figure it out and I'm running out of time to get it turned in. If you lived during the 1960s, would you have chosen to be a Freedom Rider? Why or why not? How does Macbeth talk himself out of killing Duncan? Why does Macbeth change his mind? Avariable whose type is an abstract class can be used to manipulatesubclasses polymorphically? WILL GIVE BRAINLIST a HELP PLEASEpleaseeee (3 points for each question in the problem and 6 points for the estimation procedure). Total value 20 points. 1. SI = -80 2. LM = -40 3. R = 30 4. Y = 6 5. C = 100 6. I = 200 7. X = 150 PeriodNumber of Years AgoJurassic2.08 108Silurian4.38 108Tertiary6.64 107Triassic2.45 108Order the time periods from oldest to youngest. The marketing research department for a company that manufactures and sells notebook computers established the following revenue and cost functions:R(x)=56x?2x2C(x)=32x+54where R(x) and C(x) are in millions of dollars.a. For what values of x will the company break even?x=For parts b. and c., since we are talking about production/sales level, the domain of the the profit function, P(x), is all x?0.b. For which production/sales levels will a profit occur? List the Seven life saving steps in the order you should check an injured person arthritis combining form or root word? Select all that apply.Which valences have the greatest tendency to form ions?+1+2+3-4+4-2-3-1Its only +1, -1/ +2, -2. ? Am I right? What is the standard deviation of 1 2 3 4 5 6 7 8 9?