Mhm bank currently has $900 million in transaction deposits on its balance sheet. the current reserve requirement is 8 percent, but the federal reserve is increasing this requirement to 10 percent. a. show the balance sheet of the federal reserve and mhm bank if mhm bank converts all excess reserves to loans, but borrowers return only 60 percent of these funds to mhm bank as transaction deposits. b. show the balance sheet of the federal reserve and mhm bank if mhm bank converts 75 percent of its excess reserves to loans and borrowers return 80 percent of these funds to mhm bank as transaction deposits.

What two elements normally must exist before a person can be held liable for a crime

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.

Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25