Answer: discrimination without prejudice
Explanation: The owner respects her customer's practice against Latinos.
The goal of investing $50 per month for the next 12 years for your nephew's college fund is a(n):______goal.
An investment vehicle known as a mutual fund pools the money of its shareholders and uses it to buy securities like stocks, bonds, money market instruments, and other assets. Professional money managers who specialize in managing mutual funds deploy the assets of the fund to produce capital gains or income for the fund's investors.
The portfolio of a mutual fund is structured and managed to meet the investment objectives stated in the prospectus. Mutual funds provide access to professionally managed portfolios of stocks, bonds, and other securities to small and individual investors. As a result, each shareholder shares in the fund's profits or losses in proportion.
Mutual funds invest in a wide range of securities, and their performance is typically measured by the change in the fund's total market capitalization.
To learn more about mutual fund , click here
https://brainly.com/question/27988055
#SPJ4
Who must personally certify the financial statements and company disclosures or risk financial penalties and criminal prosecution for fraudulent misstatements?
Corporate executives must personally certify the financial statements and company disclosures or risk financial penalties and criminal prosecution for fraudulent misstatements. This is further explained below.
What are Corporate executives?Generally, They are the ones that are in charge of developing the company. They are responsible for developing business strategies as well as the overarching vision and objective of the firm, as well as setting goals, making progress on those goals, and ensuring that the business remains operational. They are in charge of everything pertaining to the company, including the finances, marketing, personnel, and so on.
In conclusion, The amount of light that emanates from a light bulb is measured in lumens. When there are more lumens, the light is brighter, and when there are fewer lumens, the light is dimmer. Lumens are used to measure how much light. What a pound is to a bunch of bananas. Milk is measured in gallons.
Read more about Corporate executives
https://brainly.com/question/13783705
#SPJ1
Georgia was contacted by the CEO to research if adding a new data center makes sense for the organization from an economic and operational stand point. Georgia agreed to perform a(n) ________.
Georgia was contacted by the CEO to research if adding a new data center makes sense for the organization from an economic and operational stand point. Georgia agreed to perform "Feasibility Study".
What is Feasibility Study?A feasibility study is an analysis that determines the chance of successfully completing a project by taking into account all pertinent economic, technical, legal, and scheduling issues.
The purpose of feasible study is-
An initial investigation of a prospective project or endeavour to assess its merits and viability is known as a feasibility study. An unbiased analysis of a proposed project's technical, economic, financial, legal, and environmental issues is intended to be provided through a feasibility study.There are four main elements that go into a feasibility study-
Technical feasibility: The process of finding out how you're going to manufacture your good or service to see if it's feasible for your business is called technical feasibility.Financial feasibility: Your project's financial viability is determined by its financial viability. A cost/benefit analysis is part of a financial feasibility report and it examinesMarket feasibility (or market fit): Product-market fit occurs when an entrepreneur spots a gap in the market and develops a solution that consumers desire to purchase.Operational feasibility: The degree to which a proposed system resolves issues, seizes opportunities identified during scope definition, and satisfies requirements found during the requirements analysis stage of system development is measured by its operational feasibility.To know more about feasibility study, here
https://brainly.com/question/15016731
#SPJ4
At the end of 2013, Company A has retained earnings of $25,000,000. During 2014 the company earns pre-tax income of $5,000,000. Also, in December, 2014, the company declares a dividend of $0.20 per share on 2,000,000 outstanding shares, to be paid in January, 2015. The company has a marginal tax rate of 40% and a corporate tax rate of 35%. What are Company A's retained earnings at the end of 2014
The retained earnings is $27,600,000.
What is retained earnings?
Retained earnings means the portion of the firm's profits retained in the business for further growth, which is not paid out as dividends to shareholders.
In this case, the retained earnings at the end of 2014 is the beginning retained earnings from 2013 plus the profits retained in the current year, which is the after-tax profits minus the dividends paid.
After-tax profits=pre-tax income*(1-marginal tax rate)
pre-tax income= $5,000,000
marginal tax rate=40%
After-tax profits=$5,000,000*(1-40%)
After-tax profits=$3,000,000
dividends=dividend per share*shares outstanding
dividend per share=$0.20
shares outstanding=2,000,000
dividends=$0.20*2,000,000
dividends=$400,000
current year retained profits=$3,000,000-$400,000
current year retained profits=$2,600,000
Total retained earnings=$25,000,000+$2,600,000
Total retained earnings=$27,600,000
Find out more about retained earnings on:https://brainly.com/question/7225231
#SPJ1
The Ending retained earnings at the end of 2014 equals $27,600,000.
What is a retained earning?This refers to the amount of profit that a company has left over after paying all its direct costs, indirect costs, income taxes and its dividends to shareholders
In the question, we need to understand that dividends reduce retained earnings at the time they are declared even if they are not paid until the following year.
Net Income= Pre-tax earnings x (1 - marginal tax rate)
= $5,000,000 x (1 - 40%)
= $3,000,000.
Total dividends= Dividend / share x outstanding shares
= $0.20 x 2,000,000
= $400,000.
Ending Retained Earnings= $25,000,000 beginning retained earnings + $3,000,000 net income - $400,000 declared dividends
= $27,600,000.
Therefore, the Ending retained earnings at the end of 2014 equals $27,600,000.
Read more about retained earning
brainly.com/question/25631040
#SPJ1
If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday).
If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday): TRUE
What are tax returns?A tax return is a form or form that is filed with a tax authority and discloses income, expenses, and other relevant tax information. Tax returns enable taxpayers to assess their tax liability, plan their tax payments, and receive refunds for overpayments. In most nations, an individual or corporation having a reportable income, such as wages, interest, dividends, capital gains, or other profits, must file an annual tax return.For example, if April 15th comes on a Saturday, the deadline for individual tax returns is April 17th (assuming it is not a holiday).Therefore, the statement "if April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday)" is TRUE.
Know more about tax returns here:
https://brainly.com/question/4210849
#SPJ4
Complete question:
If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday). TRUE or FALSE
What quality control technique attempts to keep errors from reaching the final customer?
100% Inspection method is the quality control technique that attempts to keep errors from reaching the final customers.
100% inspection method is a quality control technique which involves assessing and looking at all the parts of a product.
This type of quality control is done to rule out flaws in products so that they do not reach to the customers.
This method is commonly used to evaluate the valuable metals and products.
When conducting the 100% inspection method data about the manufacturing process is required and software is also needed to analyze inventory of the products.
To know more about the quality control techniques here:
https://brainly.com/question/20892066
#SPJ4
According to the above excerpt, what type of shock would this be: A. Positive Demand Shock B. Positive Supply Shock C. Negative Supply Shock D. No Shock
Answer:
A positive demand shock
A local bank will pay you $99 a year for your lifetime if you deposit $1,100 in the bank today. If you plan to live forever, what interest rate is the bank paying
The answer is 9%.
Given,
A local bank will pay you $99 a year for your lifetime if you deposit $1,100 in the bank today.
Let the interest rate be 'r'.
Then, Using the short-cut method, we get,
r = (Annuity amount ÷ Annuity paid) × 100
Now, substituting the values in the above formula we get,
r = (99 ÷ 1100) × 100
r = 9%
Hence, in the given scenario where a local bank will pay you $99 a year for your lifetime if you deposit $1,100 in the bank today. If you plan to live forever, what interest rate is the bank paying is 9%.
Learn more about interest rate:
https://brainly.com/question/1115815
#SPJ4
All else equal, what happens to consumer surplus if the price of a good increases?
As the price of a good increases, the consumer surplus decreases.
What is the consumer surplus?
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay – price of the good
For example, if the highest amount a consumer is willing to pay for a pen is $10 and the price of the pen is $2, consumer surplus is $(10 - 2). If the price of the pen increases to $5, consumer surplus becomes $5 ($10 - $5).
To learn more about consumer surplus, please check: https://brainly.com/question/25816093
#SPJ1
The pure food and drug act and the meat inspection act were passed in order to protect food manufacturers. protect businesses. protect consumers.
The pure food and drug act and the meat inspection act were passed in order to protect consumers. This is further explained below.
What are consumers?Generally, purchasing products and services for one's own use. It is when individuals generate things and services, goods and services, goods and services, that they become producers. They are consumers when they make use of the goods created when they utilize the goods produced when they make use of the goods produced.
In conclusion, We enacted laws to safeguard consumers, such as the Pure Food and Drug Act and the Meat Inspection Act.
Read more about consumers
https://brainly.com/question/27773546
#SPJ1
Answer:
protect consumers
Explanation:
assignment/introduction
Adding or deleting features and functions from an existing product platform is: Group of answer choices A high-end strategy. The optional-pricing strategy. A low-end strategy. A promotional strategy. All of these answers are correct.
b. The optional pricing strategy (O.P.)
More about optional pricing:
When a company uses optional product pricing, it sets a base product at a lower cost and additional, optional products at a higher price to make up for any losses. Optional products are not required for the base product to function, but they typically improve the customer experience.
The two key components of optional product pricing:
A base product is the main draw for the customer or the reason they are purchasing. It meets the needs of the customer and does not require the optional product to function.A complimentary product(s): A product that a customer who purchased the base product is likely to purchase in order to improve their experience with the base product.Learn more about pricing here:
https://brainly.com/question/17234963
#SPJ4
A monopolist maximizes profits at the output at which Group of answer choices total revenue is at its greatest, assuming that the firm has both fixed and variable costs. price equals marginal cost. price exceeds marginal cost by the greatest amount.
A monopolist maximizes profits at the output at which marginal revenue equals marginal cost.
Who is a monopolist?It should be noted that a monopolist simply means an individual that controls the sale of a particular good in the market.
In this case, a monopolist maximizes profits at the output at which marginal revenue equals marginal cost.
Learn more about monopolist on:
brainly.com/question/13113415
#SPJ1
A monopolist maximizes profits at the output; a Monopolist maximizes profit by equating MR and MC. Option C. This is further explained below.
What is Monopolist?Generally, a Monopoly refers to a business or person that dominates and controls a market for a certain product or service.
In conclusion, In order for a monopolist to maximize profits, the production must be equal to the profit.
Read more about monopolists
https://brainly.com/question/5992626
#SPJ1
Project leaders have to take decisions on the allocation and utilization of materials and labor. Such decisions are called ________ decisions.
Project leaders have to take decisions on the allocation and utilization of materials and labor. Such decisions are called Operational decisions.
What is Operational Decisions?Operational decisions, which typically have effects for no more than a year or even a day, are those that are altered more frequently in accordance with the current external and internal situations.
Every company that conducts any type of business must make 100 decisions per day. These might range from simple tasks like restocking the water cooler to difficult ones like quickly fulfilling a customer purchase.
Learn more about operational Decision here:
https://brainly.com/question/1266027
#SPJ4
Which type of economic system has government working closely with large, privately owned companies?
State capitalism.
Capitalism. capitalism economic system in which the means of production are privately owned. is an economic system in which the means of production are privately owned.
Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society. The essential feature of capitalism is the motive to make a profit.
The system with the highest level of government control is communism. In theory, a communist economy is one in which the government owns all or most enterprises. Central planning by the government dictates which goods or services are produced, how they are produced, and who will receive them.
Learn more about State capitalism at
https://brainly.com/question/25879591
#SPJ4
If a perfectly competitive industry were taken over by a monopoly, the monopoly would usually produce more output and charge a higher price.
If a perfectly competitive industry were taken over by a monopoly, the monopoly would usually produce more output and charge a higher price. This statement is false.
What is Monopoly?A monopoly is a market arrangement where one producer or seller holds a disproportionate amount of power within a certain market. Monopolies are forbidden in free-market economies as they limit customer alternatives and impede competition.Antitrust laws are in existence in the US to prevent monopolies, guaranteeing that one company cannot dominate a market and take advantage of its dominance to take advantage of its customers.A single vendor in a market or industry with substantial entry barriers, such as high beginning costs, and no competitors is considered to have a pure monopoly.To know more about monopoly with the given link
https://brainly.com/question/27324976
#SPJ4
Though asian americans comprise only about 5.6 percent of the u.s. population, they represent?
They represent the minority population in America.
A minority is a group of individuals who share the same race, culture, or religion but reside in an area where the majority of the inhabitants are of a different race, culture, or religion.
Minorities exist inside the borders of several states. African Americans, American Indians and Alaska Natives, Asians and Pacific Islanders, and Hispanics were the four biggest racial and ethnic groupings in the 1990s. This shift in America's racial and ethnic makeup is particularly obvious in some states and areas.
Therefore, Asian Americans represent the minority population.
To know more about minority population click here:
https://brainly.com/question/17044641
#SPJ4
long-run macroeconomic equilibrium occurs when aggregate demand __ short-run aggregate supply and they __ the long-run supply curve
Long-run macroeconomic equilibrium occurs when aggregate demand equals short-run aggregate supply and they intersect at a point on the long-run supply curve
What is long-run macroeconomic equilibrium?
When aggregate demand and short-run aggregate supply are equal at a certain point on the long-run aggregate supply curve, long-run equilibrium is reached. The unemployment rate is now equal to its natural rate, and actual real GDP is equal to potential GDP. Full employment equilibrium is another name for long-run equilibrium.
What is aggregate demand?
A macroeconomic concept known as "aggregate demand" refers to the total demand for products and services during a specific time period at any given price level. Since the two indicators are calculated in the same way, aggregate demand is equal to GDP over the long run.
What is short-run aggregate supply?
A visual representation of the correlation between the level of overall prices and the aggregate output supplied in an economy
Learn more about long-run equilibrium here:
https://brainly.com/question/16447321
#SPJ4
Under a state aid-to-education statute, one private school receives: (i) free textbooks from the state, (ii) an exemption from state taxes, and (iii) 20% of its operating budget in the form of state grants. The remaining 80% of the school's budget is covered by tuition fees and by donations from alumni and others. The school is licensed by the state, but the state has no requirement for certification and licensure of teachers in private schools. A teacher was hired and given the school's standard three-year contract. In the fall term of his second year, the teacher gave a lecture to his students criticizing the school's use of school uniforms and encouraging the students to organize a protest against the uniform policy. After the speech, the teacher was called to the administrative office by the headmaster and fired on the spot, despite the teacher's protests that he had almost two years left on his contract. The teacher requested a hearing and was told to leave the premises of the school immediately. The teacher files suit in federal district court, alleging that his constitutional rights have been violated. Is the teacher likely to succeed
No, The teacher will not likely succeed.
State aid-to-education statuteThe teacher's will not likely succeed due to the absence of constitutional violation here, based on the fact that there was no any state action.
Hence, since the school was given the license to operate by the state and the receipt of state funds do not as well constitute state involvement as regards to its personnel matters or issues the teacher may not establish that the school exercised any state action.
Learn more about State aid-to-education statute here:https://brainly.com/question/11886724
#SPJ1
The presence of barriers to entry in a particular market will generally make acquisitions____________________ as an entry strategy.
The presence of barriers to entry in a particular market will generally make acquisitions more likely as an entry strategy.
A marketplace access strategy is wherein you spell out such all-essential specifics. It outlines your commercial enterprise goals, an outline of the target marketplace, precisely what you may promote there, predicted sales, and how you may achieve them. an average market entry plan can take six to 18 months to implement.
A marketplace entry strategy is a deliberate distribution and delivery approach of products or services to a brand new target market. inside the import and export of services, it refers to the advent, established order, and management of contracts in a foreign country.
A number of the most common consist of Exporting: Sending goods directly or in a roundabout way to the worldwide marketplace. Licensing: Authorizing any other enterprise to fabricate or produce the corporation's goods and services. Franchising: Copying and pasting a concept into every other market.
Learn more about entry strategy here https://brainly.com/question/13916914
#SPJ1
The maximum number of shares of stock that the corporate charter allows the corporation to issue is?
The maximum number of shares of stock that the corporate charter allows the corporation to issue is authorised stock.
What is authorised stock?Shares are used by public companies to raise capital needed for business operations. People who buy shares in a company are regarded as the shareholders of the company. Shareholders are regarded to be the owners of that company. Shareholders are paid dividends on the excess of revenue earned by the company.
Authorised shares are the maximum number of shares a company can issue to investors. According to the Securities and Exchange Commission, the maximum number of shares that can be issued by a corporation is 500,000,000. Of which 400,000,000 would be common shares and 100,000,000 would be preferred stocks.
To learn more about authorised shares, please check: https://brainly.com/question/13739411
#SPJ1
The money supply term that refers to money that can be accessed quickly and easily is?
M-1 is the money supply term that refers to money that can be accessed quickly and easily.
What is M-1 in money supply?This refer to the most liquid money that comprised of the currency, traveler’s check, and checking account deposits.
The M1 money supply composed of currency, demand deposits and other liquid deposits such as savings deposits
The formula for getting the M1 is Currency + traveler check + checking account deposits.
Therefore, the M-1 is the money supply term that refers to money that can be accessed quickly and easily.
Read more about money supply
brainly.com/question/28089816
#SPJ1
Nenisha had developed an extremely successful advertising and promotion campaign for a client in the United States. The client wanted to roll out the same campaign to markets worldwide, but Denisha cautioned against doing this, most likely because
Denisha cautioned against doing this because differences in languages, customs, and culture might make the campaign meaningless and ineffective in some markets.
Different campaigns for different marketsAlthough it is understandable for the client to want to roll out the same campaign if it was a successful one, Denisha is right to prevent it from happening. The campaign being successful in the United States does not mean it will do well in other countries.
The reason for that are the cultural differences among countries and societies. What is a need in the American market might not be a need in the Brazilian market. What is a want in the European market might not be a want in the Chinese market.
Thus, the campaign should be revised and altered according to the country where it will be carried out. A proper study of the audience or market should be conducted before doing so.
With the information above in mind, we can select option E as the correct answer.
The missing answer choices for this question are the following:
he did not have the budget for a global rollout.copyright and intellectual property concerns prevented him from wanting to share his good ideas outside of the U.S. market.he was unfamiliar with the code of ethics for advertising in other countries.he had not applied for or received international certification that was required for working outside the United States.differences in languages, customs, and culture might make the campaign meaningless and ineffective in some markets.Learn more about advertising campaigns here:
https://brainly.com/question/25754542
#SPJ1
If an issuing firm sells securities to the investing public without involving an investment banker, the issue is called:________
If an issuing company sells securities to investing public without involving an investment banker, the issue is called direct sale. A direct placement is also known as a direct sale. It is type of offering in which issuing company sells its securities directly to investors rather than through a middleman such as an investment bank.
When a company decides to use a direct sale rather than an IPO, it avoids most of the costs associated with going public. Company that go public through an IPO must use intermediaries such as investment banks to manage the offering process on their behalf.
To learn more about company, click here
https://brainly.com/question/18596476
#SPJ4
An client told an intentional lie to an insurer in order to receive a favourable premium. This ais an example of?
The intentional lie told to the insurer to obtain a favourable premium is an example of asymmetric information.
What is asymmetric information?
Asymmetric information is when one of the parties in a transaction has more information than the other party in the transaction. The party with more information has an advantage over the party with less information. In this question, the party with more information in the client.
Adverse selection is an effect of asymmetric information. Adverse selection is when the seller of a product chooses a client based on the false information provided.
Another effect of asymmetric information is moral hazard. This is when a party whose risk is insured acts in a different way than he would have acted if his risks were not insured.
To learn more about asymmetric information, please check: https://brainly.com/question/25761417
#SPJ1
Automobile manufacturers such as ford and general motors often use ________ distribution, such that dealers act as retailers.
Automobile manufacturers such as ford and general motors often use indirect distribution, such that dealers act as retailers.
What is indirect distribution?
Indirect distribution is selling wholesale to agents or merchants who will distribute the product on your behalf. They keep it, show it, and use salespeople to get it into the hands of customers.
When there are middlemen or intermediates in the distribution channel, this is referred to as indirect distribution. The intermediates in the wood example would be the lumber manufacturer, the furniture maker, and the retailer.
To learn more about indirect distribution from given link:
https://brainly.com/question/14840765
#SPJ4
Under a system of floating exchange rates, changes in the value of the U.S. dollar relative to other currencies are the result of
Under a system of freely floating exchange rates, an increase in the international value of a nation's currency will cause its imports to rise.
What are floating exchange rates?A floating exchange rate (also known as a fluctuating or flexible exchange rate) is a type of exchange rate regime in which the value of a currency is permitted to fluctuate in reaction to foreign exchange market occurrences. A floating currency is one that uses a floating exchange rate, as opposed to a fixed currency, the value of which is determined in terms of material items, another currency, or a group of currencies (the idea of the last being to reduce currency fluctuations).When the international value of a country's currency rises, so do its imports, and vice versa.As it is given in the description itself, when the international value of a country's currency rises, so do its imports, and vice versa.
Therefore, Under a system of freely floating exchange rates, an increase in the international value of a nation's currency will cause its imports to rise.
Know more about floating exchange rates here:
https://brainly.com/question/11160294
#SPL4
The question you are looking for is here:
Under a system of freely floating exchange rates, an increase in the international value of a nation's currency will ____.
Alec must purchase 14 identical shirts and only has $\$130$. There is a flat $\$2$ entrance fee for shopping at the warehouse store where he plans to buy the shirts. The price of each shirt is the same whole-dollar amount. Assuming a $5\%$ sales tax is added to the price of each shirt, what is the greatest possible price (in dollars) of a shirt that would allow Alec to buy the shirts
Assuming a 5% sales tax, the greatest possible price (in dollars) that would allow Alec to buy 14 shirts for $130 is $8.70 per shirt.
What is the sales price?The sales price represents the price at which a unit is sold, excluding other costs like sales tax.
Data and Calculations:Number of shirts required = 14
Funds available for the purchase = $130
Entrance fee for shopping = $2
Net funds available for the purchase = $128 ($130 - $2)
Sales tax = 5%
Sales price plus tax = $9.14 ($128/14)
Sales price less tax = $8.70 ($9.14/1.05)
Thus, assuming a 5% sales tax, the greatest possible price (in dollars) that would allow Alec to buy 14 shirts for $130 is $8.70 per shirt.
Learn more about determining sales prices at https://brainly.com/question/16710746
#SPJ1
Aggregate supply is represented as a schedule or curve showing the relationship between the nation's
Aggregate supply is represented as a schedule or curve showing the relationship between the nation's price level (index) and the amount of real domestic output that firms in the economy produce.
What is Aggregate supply?The whole supply of products and services produced within an economy at a specific overall price over a specific time period is known as aggregate supply, also known as total output.The relationship between price levels and the amount of output that businesses are prepared to produce is depicted by the aggregate supply curve. Usually, the level of prices and total supply have a positive connection.A change in aggregate supply can be ascribed to a number of factors, such as shifts in the quantity and quality of labor, technical advancements, salary increases, production cost increases, producer tax changes, producer subsidy changes, and changes in inflation.While some of these factors cause aggregate supply to increase, others cause it to decrease. By lowering the labor cost per unit of supply, for instance, higher labor efficiency—possibly achieved through outsourcing or automation—raises supply production.By raising manufacturing costs, salary increases, on the other hand, put downward pressure on the overall supply.Know more about aggregate supply https://brainly.com/question/5754731
#SPJ4
Toby kirkland’s parents claim him as a dependent on their tax return. Toby had earned income in the amount of $2,897. What is toby’s standard deduction?
When we use the IRS rule which states the standard deduction amount should be greater than $900 or the income earned by the taxpayer for the year in addition with $300 (should not be exceeding the regular standard deduction). Income earned by Toby is $2,897, then add
$300 into it.
The correct standard deduction amount would then be $3,197 ($2,897 +300)=$3197.
Standard deduction is the deduction given by the income tax authorities to the tax payer.
Internal revenue bulletin is the instrument used by the IRS for announcing all the rules.
To know more about Standard deduction here:
https://brainly.com/question/3158031
#SPJ4
A bank’s reserve ratio is 6.5 percent and the bank has $1,950 in reserve. Its deposits amount to?
A bank’s reserve ratio is 6.5 percent and the bank has $1,950 in reserve. Its deposits amount to $30,000.00.
⇒Amount in reserve/money deposit = reserve ratio
⇒Let money deposit be x,
⇒1950/x = 6.5
⇒1950X6.5/1000
⇒1950/x X 6.5/100 = 0.065
⇒1950/6.5X100= x =30000
The percentage of deposits that a commercial bank must retain in reserve is known as the mandated reserve ratio.
A ratio of a bank's cash held in the Federal Reserve to all of its deposits can be used to represent the required reserve ratio formula.
A bank's reserve ratio, for instance, would be 1/20 or 5 percent if it had $100,000 in deposits and was required to retain $5,000 in the Federal Reserve.
To learn more about Reserve Ratio here
https://brainly.com/question/6831267
#SPJ1