Which of these scenarios best describes fractional reserve banking?-Maria makes a deposit of $20,000, and the bank loans $18,000 to Mark so he can buy a car

-Jamir makes a $1,000 deposit and then withdraws it one week later.

-Isabella splits her $5,000 deposit between two different banks.

-A bank manager trades old, worn $20 bills for new currency issued by the Federal Reserve.

Answers

Answer 1
Answer:

The scenario that best described fractional reserve banking is Maria makes a deposit of $20,000, and the bank loans $18,000 to Mark so he can buy a car.

What is fractional reserve banking?

Fractional banking is a form of banking where a portionof customer's deposits is kept with the Central Bank as reserves. The excess of deposits over reserves can be given out as loans.

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Answer 2
Answer: Maria makes a deposit of 20,000 and the bank loans 18,000 to Mark so he can buy a car is the right answer I just took it.

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Murphy had no stock transactions in 2018​, so the change in​ stockholders' equity for 2018 was due to net income and dividends. If dividends were $ 90 comma 000​, how much was Murphy​'s net income for 2018​? Use the accounting equation and the statement of retained earnings. A. $ 106 comma 000 B. $ 196 comma 000 C. $ 286 comma 000 D. $ 16 comma 000

Answers

answer: your mom gave you money

Final answer:

To find Murphy's net income for 2018, we can use the accounting equation and the statement of retained earnings. Since there were no stock transactions, the change in stockholders' equity is due to net income and dividends. By plugging in the given dividend amount of $90,000, we can calculate that Murphy's net income for 2018 was $180,000.

Explanation:

To find Murphy's net income for 2018, we can use the accounting equation and the statement of retained earnings.

The accounting equation is: Assets = Liabilities + Stockholders' Equity.

Since there were no stock transactions in 2018, the change in stockholders' equity is due to net income and dividends. The formula for the change in stockholders' equity is: Change in Equity = Net Income - Dividends.

We know that dividends were $90,000, so we can plug that into the formula and solve for net income: $90,000 = Net Income - $90,000. Solving for Net Income, we find that Murphy's net income for 2018 was $180,000.

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Green Frog is an environmentally friendly firm in the cosmetics industry that has decided to undertake a strategic planning project. It wants to ensure that it performs the process correctly and so intends to start the process with the first step of the strategic planning process. This step is:A) crafting a mission statement.B) setting objectives.C) measuring performance.D) defining its business level strategy.

Answers

The given step is crafting a mission statement.

Option a

Explanation:

Strategic planning is a tactic or guidance method for a company to decide how its resources should be allocated to fulfil its strategy. It can also provide regulatory mechanisms to guide the plan's execution.

The strategic planning process will take some time, but it is good for everyone. They seem to have a better knowledge of expectations, ambitions and a means of doing so as the owner of a local enterprise. It can guarantee success by promoting greater productivity from the workers.

Strategic planning can also go bad when you have unrealistic targets and objectives. Each company owner wishes his business to grow and prosper, but it could dissuade you and your staff if you set an extremely ambitious rate of growth.

According to the principle of comparative advantage, worldwide output and consumption will be higher when nations specialize in the production of those goods and services a. they can provide at a lower opportunity costs.
b. that employ the most domestic workers.
c. that will increase their foreign exchange rate by the largest amount.
d. for which their consumption taxes are lowest.

Answers

Answer: According to the principle of comparative advantage, worldwide output and consumption will be higher when nations specialize in the production of those goods and services  "a. they can provide at a lower opportunity costs."

Explanation: The comparative advantage is the ability of a country to produce a good using relatively less resources than another. The theory of comparative advantages says that Each country in question will specialize in what is most efficient. At the same time, it will import the rest of the products in which they are most ineffective in terms of production. Although a country does not have an absolute advantage in producing any good, it may specialize in those goods in which it finds a greater comparative advantage and finally be able to participate in the international market.

What is the meaning of cash in the balance sheet?

Answers

Answer:

The cash balance reported on a balance sheet is the cash in your bank adjusted for payments and receipts that have not yet cleared. For example, writen but not cashed cheques, or recieved but not yet deposited cheques.

Explanation:

Because she beat her goal this year by nearly 30 percent, Helena has been telling everyone in the sales department of her incredible skill as a salesperson. But last year when she didn't even reach her goal, she said her failure was due to the poor economy. Helena provides an example of____________.A. fundamental attribution bias.B. the halo effect.C. a self-fulfilling prophecy.D. self-serving bias.E. selective perception error

Answers

Answer:

The correct answer is D

Explanation:

Self- serving bias is the term which is defined or described as the tendency of people who attribute the positive events to their own character and attribute the negative events to the external factors.

This bias is the common kind of cognitive bias which is extensively studied in the social psychology.

So, in this case, Helena provide the example of the self- serving bias as when she did not reach the goal, then she stated that her failure is due to poor economy which means she attribute the negative event to external factors.

Answer:

D. self-serving bias.

Explanation:

Because she beat her goal this year by nearly 30 percent, Helena has been telling everyone in the sales department of her incredible skill as a salesperson. But last year when she didn't even reach her goal, she said her failure was due to the poor economy. Helena provides an example of self-serving bias.

In 3–5 sentences, describe how a consumer can use a cost-benefit analysis to decide between buying a concert ticket or buying a new pair of jeans. Mention the steps involved in analyzing each choice and how this process results in a decision.

Answers

First, a consumer will analyze the cost of the products.

Next, the costumer will analyze the benefit that that products could bring for them. Let's say that both products cost  $ 50. The costumer may think :
- The concert will give me about 3 hours of happiness
- while the jeans could give me about 3 years and it motivate me to maintain my weight.

After weighing the benefit, the jeans is more favorable to him because it bring more benefit to him than the tickets so he chose to use his money to buy the jeans instead

Answer:

The consumer first must pay for the product, such as concert tickets versus the cost of a new pair of jeans. Next, the consumer will analyze the benefits of the product that will best meet their needs. They are likely to believe that a 3 hour consultation will satisfy them more than a new pair of jeans that will last them for 3 years or more. Based on the benefits, jeans are a better purchase for the consumer than the concert ticket because it's an item that will more benefit them than the concert ticket. 

Explanation: