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antiseptic1488 [7]
4 years ago
14

The Fed changes reserve requirements from 10 percent to 14 percent, thereby eliminating $750 million in excess reserves. The tot

al change in deposits (with no drains) would be (rounded):______
a. $3,000 million.
b. $15,625 million.
c. $12,857 million.
d. $3,795 million.
e. None of the options.
Business
1 answer:
MakcuM [25]4 years ago
5 0

Answer:

The answer is e. None of the options.

Explanation:

(1/0.14) × $750 million= $5357 million

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Irish Corporation issued (sold) 10,000 shares of common stock for $70 per share. The bylaws established a stated value of $10 pe
grin007 [14]

Answer:

$100,000

Explanation:

The common stock account would increase by the total value of the stated value of the shares issued and the difference between the issue price and stated value would increase the capital in excess of the par account

Increase in common stock account=10,000*$10

Increase in common stock account=$100,000

increase in paid-in capital in excess of par=($70-$10)*10,000

increase in paid-in capital in excess of par=$60*10,000

increase in paid-in capital in excess of par=$600,000

7 0
3 years ago
Super Value Store has a commercial general liability policy written with a general aggregate limit of $300,000 and an occurrence
uysha [10]

Answer:

$115,000

Explanation:

The computation of the amount paid is as follows:

= Occurrence limit + court cost & attorney fees

= $100,000 + $15,000

= $115,000

Hence, the amount paid by the CGL policy is $115,000

It could be come by applying the given formula in order to get the correct value and the same is relevant too.

3 0
3 years ago
When servicing rights for flood and hazard insurance are transferred, it is the responsibility of the ___________ to notify the
Vaselesa [24]

When servicing rights for flood and hazard insurance are transferred, it is the responsibility of the insurance holder to notify the insurance company.

<h3>What is insurance?</h3>
  • An effective way to guard against financial loss is insurance.
  • It is a method of risk management that is primarily employed to protect against the risk of a potential loss.
  • An organization that offers insurance is referred to as an underwriter, insurer, insurance business, or insurance carrier.
<h3>What is an insurance company?</h3>
  • A firm whose primary and dominating commercial activity throughout the tax year is the issuance of insurance or annuity contracts or the reinsuring of risks underwritten by insurance companies is referred to as an insurance company.

Therefore, When servicing rights for flood and hazard insurance are transferred, it is the responsibility of the insurance holder to notify the insurance company.

Know more about a financial loss here:

brainly.com/question/23294592

#SPJ4

6 0
2 years ago
One prominent U.S. study found that when people face ____________ for their health insurance, they consume about ________ medica
lana [24]

Answer: The correct answers are "moderate deductibles and copayments" "one-third less in".

Explanation: One prominent U.S. study found that when people face <u>moderate deductibles and copayments</u> for their healt insurance, they consume about <u>one-third less in</u> medical care than people who have complete insurance.

This can be explained because it is because deductibles and copayments reduce moral hazard

8 0
3 years ago
The major portion of the monthly payment is used to pay off the principal. True
adoni [48]
This is true.................
4 0
3 years ago
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