ASSETS LIABILITIES
Total Reserves: $15,000 Demand deposits: $100,000
Securities: 7...
Business, 14.04.2020 23:48 ethanyayger
ASSETS LIABILITIES
Total Reserves: $15,000 Demand deposits: $100,000
Securities: 70,000
Loan: 15,000
A commercial bank is facing the conditions given below. If the reserve requirement is 12 percent and the bank does not sell any of its securities, the maximum amount of additional lending this bank can undertake is:
A. $15,000
B. $12,000
C. $3,000
D. $1,800
E. 0
Answers: 2
Another question on Business
Business, 21.06.2019 20:20
Aproduction order quantity problem has a daily demand rate = 10 and a daily production rate = 50. the production order quantity for this problem is approximately 612 units. what is the average inventory for this problem?
Answers: 1
Business, 22.06.2019 11:00
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 1
Business, 23.06.2019 00:40
The recognition of which of the following expenses exemplifies the application of matching expenses with the revenues they produced? multiple choice(a) cost of goods sold. (b) advertising.(c) president's salary.(d) research and development.
Answers: 3
Business, 23.06.2019 02:30
The accountant at bramble corp. has determined that income before income taxes amounted to $10800 using the fifo costing assumption. if the income tax rate is 30% and the amount of income taxes paid would be $900 greater if the lifo assumption were used, what would be the amount of income before taxes under the lifo assumption?
Answers: 2
You know the right answer?
Questions
History, 11.03.2021 01:00
Physics, 11.03.2021 01:00
Mathematics, 11.03.2021 01:00
Mathematics, 11.03.2021 01:00
Mathematics, 11.03.2021 01:00
Chemistry, 11.03.2021 01:00
Business, 11.03.2021 01:00
Mathematics, 11.03.2021 01:00
Physics, 11.03.2021 01:00
Biology, 11.03.2021 01:00
Mathematics, 11.03.2021 01:00
