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2 years ago

In the banking system today, the reserves banks hold against their deposit liabilities must take one of two forms. They are

Business

1 answer:

ella [17]2 years ago

3 0

They are vault cash and deposits at the Fed.

<h3>What is vault cash?</h3>

cash in a vault Cash held in a depository institution's vault to meet day-to-day business needs, such as cashing customer checks, can be counted as a portion of the institution's required reserves.

Vault Cash is defined as any money, currency, or funds I located in a Terminal or (ii) in transit to or from a Terminal, and shall include (A) any currency withdrawals from any bank account for the purpose of depositing the same in a Terminal from the moment such currency is withdrawn by a cash provider or its authorized representative from the moment such currency is withdrawn by a cash provider or its authorized representative.

Vault cash is one of two assets that meet the legal definition of bank reserves and are used to back up deposits. Federal Reserve deposits are the other option.

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Which participants are of greatest importance in determining what goods and services are produced?

SVETLANKA909090 [29]

Households are of the greatest importance in determining what goods and services are produced.

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3 years ago

Derek, a single taxpayer, has agi of $55,200 which includes $5,000 of qualified dividends. derek does not itemize deductions. wh

Zinaida [17]

Based on the fact that Derek does not itemize deductions, then his 2019 federal income tax is $7,540

<h3>What is the federal income?</h3>

With an AGI of $55,000, Derek is in the $40,126 to $85,525 tax bracket.

His tax is:

= $4,617.50 plus 22% of the amount over $40,125

= $4,617.50 + (22% x (50,000 - 40,125))

= $6,790

Capital gains tax:

= 5,000 x 15%

= $750

Total federal tax:

= 750 + 6,790

= $7,540

In conclusion, based on Derek's AGI and the qualified dividends, Derek's 2019 federal income tax was $7,540.

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2 years ago

In manufacturing, excess capacity can be used to A. do fewer setups, lengthen production runs, and drive down inventory costs

Aleksandr-060686 [28]

Answer:

In manufacturing, excess capacity can be used todo more setups, shorten production runs, and drive down inventory costs

Explanation:

Excess capacity refers to a situation where a firm is producing at a lower scale of output than it has been designed for. Context: It exists when marginal cost is less than average cost and it is still possible to decrease average (unit) cost by producing more goods and services

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3 years ago

Chapman Machine Shop is considering a 4-year project to improve its production efficiency. Buying a new machine press for $576,0

DIA [1.3K]

Answer:

The Firm should not Buy and Install the press as it delivers a negative NPV of -$24,924 at 11% discount rate over its 4 year operations

Explanation:

The General rule is to appraise the investment based on various appraisal techniques.

A technique that should be considered must have special focus on the time value of money, the required rate of returns expected by the firm and other Cashflow considerations.

The Net Present Value (NPV) approach will be the best method to proceed with.

The NPV approach typically falls under the following decision tree:

a. If NPV is negative (Reject the proposal)

b. If NPV is positive (Accept if it's a singular project, Accept the highest positive NPV if it's for mutually exclusive Projects)

c. If Zero (this is the breakeven line at which the Project covers all its cost but does not return a profit.) Also referred to as the IRR

Kindly refer to the attached for detailed workings

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3 years ago

True or false: For financial analysis, financial statements and accounting numbers are more important than cash flows.

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Answer:

false

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