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ANTONII [103]
2 years ago
11

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withdrawals from any bank account for the purpose of depositing the same in a Terminal from the moment such currency is withdrawn by a cash provider or its authorized representative from the moment such currency is withdrawn by a cash provider or its authorized representative.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.

To know more about vault cash follow the link:

brainly.com/question/19723180

#SPJ4

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Chambliss Corp.'s total assets at the end of last year were $305,000 and its EBIT was 62,500. What was its basic earning power (
mars1129 [50]

Answer:

20.49%

Explanation:

Chamblis corporation has a total assets of $305,000

The EBIT is $62,500

Therefore the basic earning power can be calculated as follows

= $62,500/$305,000

= 0.2049×100

= 20.49%

Hence the basic earning power is 20.49%

4 0
4 years ago
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Step2247 [10]

Answer:

The descriptions that best characterize the young Dr. Jekyll include the following:

1.  -He was famous.

2.  -He was rich.

3.  -He was in excellent shape.

Explanation:

He was an eccentric Dr who was researching on the possibility of discovering a drug that will help mankind. During his research, he noticed that, when ever he take a particular drug, it alters his personality and body which would bring out the darkest thoughts in him.

<em>The more he took the drug, the more him slips into darkness and destruction which always makes him sober after transforming back to his normal personality.</em>

4 0
3 years ago
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abruzzese [7]
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3 0
3 years ago
The only skill required of managerial accountants is that they have a solid knowledge of both financial and managerial accountin
abruzzese [7]

Answer:

False

Explanation:

we could see the following difference between Managerial and Financial accounting

Managerial Accounting

  • Primary User: Internal
  • Purpose of Information: To help managers make decisions
  • Focus: Segments
  • Frequency: As needed
  • Auditing: Not subject to audit
  • Required: No
  • Time Frame Focused:Future

Managerial Accounting

  • Primary User: External
  • Purpose of Information: To help investor and creditor make decisions
  • Focus: Entire organization as a whole
  • Frequency: Quarterly and annually
  • Auditing: Publicly held companies are audited
  • Required: Required by GAAP, SEC, IRS, and others
  • Time Frame Focused: Past (historical transactions)

8 0
3 years ago
Although there are numerous stages in the new-product process, firms develop a strategy, then start ________ and continue the pr
Ket [755]

Answer:

idea generation; commercialization

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) stages in the product-life cycle;

1. Introduction.

2. Growth.

3. Maturity.

4. Decline.

Although there are numerous stages in the new-product process, business firms typically develop a strategy that's in tandem with their set goals and objectives, then start idea generation such as brainstorming on how to produce the product, branding, specifications, etc., and continue the process through the final step of commercialization, which is the stage where the product is introduced into the market for the consumers to buy.

6 0
3 years ago
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