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zaharov [31]
3 years ago
14

Refer to the accompanying table. if a bank has $60 million in savings deposits and $40 million in checkable deposits, then its r

equired reserves are
Business
1 answer:
mrs_skeptik [129]3 years ago
6 0

I'll say 20 percent im not complete sure if i am you should end up with

92000000

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A company has a selling price of $2,000 each for its printers. Each printer has a 2 year warranty that covers replacement of def
pychu [463]

Answer:<em><u>The company's warranty expense for the month of November is $157,080. </u></em>

Explanation:

When the estimated amount is recognized-

Warranties expense A/c (Dr.) =  $157,080

Estimated Warranty Liability (Cr.) = $157,080

When the repairs are actually paid, Estimated Warranty Liability will be Debited and Cash will be credited.so, The company's warranty expense for the month of November is $157,080.

<em><u>i.e. (34,000 × 3% × $154 = $157,080)</u></em>

6 0
3 years ago
Gabriele Enterprises has bonds on the market making annual payments, with eleven years to maturity, a par value of $1,000, and s
Angelina_Jolie [31]

Coupon rate on the bonds can be calculated in the following way.

Explanation:

To find the coupon rate of the bond. All we need to do is to set up the bond pricing equation and solve for the coupon payment as follows:

 

P = $958 = C(PVIFA₆.₄₀%,11) + $1,000(PVIF₆.₄₀%,11)

 

Solving for the coupon payment, we get:

C = $58.57

 

The coupon payment is the coupon rate times par value. Using this relationship, we get:

Coupon rate = $58.57/$1,000

Coupon rate = .0586, or 5.86%

 

Calculator Solution:

Enter                 11              6.40          ±$958                             $1000

                         N               l/Y              PV                  PMT         FV

                                                                                   $58.57

Coupon rate = $58.57/$1,000

Coupon rate = .0586, or 5.86%

7 0
4 years ago
Northern Company is preparing a cash budget for June. The company has $12,000 cash at the beginning of June and anticipates $30,
Nikolay [14]

Answer:

Save additional $17,500 or reduce disbursement by that much

Explanation:

The cash budget of the company would be as follows:

May 31 owed to be bank ($15,000)

June 1 opening cash balance $12,000

June expected cash receipts $30,000

June expected cash disbursement ($34,500)

Net cash flow at the end of June (excluding bank): $7,500

Net cash flow (including bank): $7,500 - $15,000 = ($7,500)

Thus, the company will be owing the bank $7,500 by the end of June.

To maintain the minimum $10,000 positive balance with the bank, the company would need to payback the $7,500 which will be owed by the end of June, and make additional deposit of $10,000.

Total deposit required = $7,500 + $10,000 = $17,500.

This can be achieved by reducing expected disbursement by $17,500 or via other means.

7 0
3 years ago
Describe two examples of important things that financial planning skills can help you do, and explain why these things are impor
Alex777 [14]

Answer:

Two examples of important things that financial planning skills can help us do are:

  1. Acquire a strong savings habit
  2. Set realistic goals

Explanation:

Acquire a strong savings habit: This is achievable when a person has a clear understanding of how much are their expenses and how much is needed to be save in order to acquire capital goods or to construct a fund for unexpected costs.

Set realistic goals: When a person knows how much its income is and has a realistic financial planning he knows what goals are achievable and which are not.

7 0
3 years ago
من الامثلة على الازمات المادية الملموسة في المنظمات​
Vsevolod [243]
<h3>مطلوبہ جواب :)</h3>

ریگولیٹری میٹریل کا مطلب یہ ہے کہ ، ہر صورت میں مکمل طور پر مرکبات سے متعلق حد تک ، اور کسی بھی کمپاؤنڈ پر مشتمل کوئی بھی مصنوعات ، جس کی ملکیت ہو ، بیچنے والے یا اس کے کسی بھی ملحقہ (یا دانشورانہ ملکیت اور ان کے کسی ملحقہ) کے زیر قبضہ ہو۔ اس میں یا اس سے وابستہ ملکیتی حقوق):☕️(i) تکنیکی ، سائنسی ، ترقی ، کیمیائی ، حیاتیاتی ، فارماسولوجیکل ، زہریلا ، ریگولیٹری ، آر اینڈ ڈی نوٹ بک اور اس سے متعلقہ مواد ، ☕️(ii) بیچ ریکارڈ ، استحکام ریکارڈ ، طریق کار اور دیگر ریکارڈ اور اس کے لئے درکار معلومات مرکبات کی تیاری ، ساخت ، استعمال ، تقسیم ، مارکیٹنگ ، فروغ ، فروخت ، انتظامیہ یا تشکیل ، ☕️(iii) مصنوعات کی حفاظت سے متعلق معلومات اور دیگر تمام منفی واقعات ، شکایات فائلیں اور مرکبات یا کسی بھی مصنوع سے متعلق دیگر اطلاعات اور معلومات کی تائید کریں۔ کسی بھی کمپاؤنڈ (زبانیں) ، ☕️(iv) کے ساتھ کسی دوسرے ریگولیٹری اتھارٹی کے ساتھ تحریری خط و کتابت اور اس میں احترام کے ساتھ تمام معاون دستاویزات اور ) دیگر اعداد و شمار ، فائلیں ، ریکارڈ اور دیگر معلومات (کسی بھی شکل یا

میڈیم میں ، جہاں کہیں بھی واقع ہیں) مذکورہ بالا سے ملتی جلتی ہیں۔

.

<u>━━━━━━━━━━━━━━━━━━━━</u>

3 0
3 years ago
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