Business, 19.11.2019 21:31, carafaith02

Suppose the bank faces a reserve requirement of 10 percent. starting from the situation as depicted by the t-account, a customer deposits an additional $60,000 into his account at the bank. if the bank takes no other action it will
select one:
a. have $64,000 in excess reserves.
b. have $4,000 in excess reserves.
c. be in a position to make new loans equal to $6,000
d. none is correct.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 02:50, dreyes439

Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest. extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of

Answers: 3

continue

Business, 22.06.2019 11:00, PanjiUR9220

What is the correct percentage of texas teachers charged with ethics violations each year?

Answers: 2

continue

Business, 22.06.2019 11:30, jacky852

On average, someone with a bachelor's degree is estimated to earn times more than someone with a high school diploma. a)1.2 b)1.4 c)1.6 d)1.8

Answers: 1

continue

Business, 22.06.2019 19:50, crzyemo865

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1

Answers: 3

continue

Do you know the correct answer?

Suppose the bank faces a reserve requirement of 10 percent. starting from the situation as depicted...