Business, 13.09.2019 04:10, lexidecker243
You just received a bonus at your job of $4,000 which you decide to put in a saving account at the local bank. assume that banks lend out all excess reserves and there are no leaks in the banking system. that is, all money lent by banks gets deposited in the banking system. round your answers to the nearest dollar.
(a) the reserve requirement is 18%, how much will your deposit increase the total value of checkable deposits?
(b) if the reserve requirement is 7%, how much will your deposit increase the total value of checkable deposits?
Answers: 3
Business, 22.06.2019 06:30, makarockslynn4764
If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?
Answers: 1
Business, 22.06.2019 09:50, winterblanco
phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)
Answers: 3
Business, 22.06.2019 10:40, meillsss
Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?
Answers: 1
Business, 22.06.2019 11:10, nataliahenderso
Which feature is a characteristic of a corporation?
Answers: 1
You just received a bonus at your job of $4,000 which you decide to put in a saving account at the l...
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