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ruslelena [56]
3 years ago
10

Required reserves are defined as_________-. A. currency plus travelers checks plus demand deposits. B. the difference between le

gal reserves and vault cash C. deposits held at Federal Reserve district banks plus vault cash. D. the value of reserves that a depository institution must hold in the form of vault cash or deposits at the Fed..
Business
1 answer:
cluponka [151]3 years ago
5 0

Answer:

D. the value of reserves that a depository institution must hold in the form of vault cash or deposits at the Fed.

Explanation:

Required reserves is the value of reserves that a depository institution must hold in the form of vault cash or deposits at the Fed.

Excess reserve are deposits held at Federal Reserve district banks plus vault cash.

M1 is currency plus travelers checks plus demand deposits.

I hope my answer helps you.

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Suppose that you have placed money in 2 funds: fund a and fund
Harman [31]
8% effective. at the end of 10 years, the total of the two funds is 52,000. at the end of 8 years, the amount in fund b is three times that in fund
6 0
2 years ago
What is credit?............
kondaur [170]

Answer:

It’s trust you have in getting back the money that was borrowed

Explanation:

It’s trust you have in getting back the money that was borrowed

4 0
3 years ago
Read 2 more answers
Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated
evablogger [386]

Answer:

The answer is loss of $10,000 on the sale of the equipment

Explanation:

The formula for straight-line depreciation is:

(Cost of asset - salvage value) ÷ number of useful life.

Cost of asset is $250,000

Salvage value is $50,000

Useful life is 5 years

So depreciation for the year is:

($250,000 - $50,000) ÷ 5 years

$200,000 ÷ 5 years

=$40,000

January 1 2010 through June 30 2013 is 3 years and 6months

Accumulated depreciation will be:

3.5 years( 3 years + 6months/12 months) x $40,000

$140,000

Carrying value or net book value at this date is $250,000 - $140,000

=$110,000.

The equipment was sold for $100,000.

Selling price - carrying value

=$100,000 - $110,000

= - $10,000

We have a loss of $10,000 on the sale of equipment

8 0
3 years ago
What is the term for a variety of activities designed to stimulate a trial or
adelina 88 [10]

Answer:

I think B.Advertising

8 0
3 years ago
Read 2 more answers
An insurance company’s projected loss ratio is 77.5 percent, and its expense ratio is 23.9 percent. It estimates that dividends
Elanso [62]

Answer:

6.4%

Explanation:

For computing the minimum yield on investment, first we have to find out the combined ratio which is shown below:

= Projected loss percentage + expense ratio + dividend percentage

= 77.5% + 23.9% + 5%

= 106.4%

So, the minimum yield on investment required is

= 106.4% - 100%

= 6.4%

The 100% is the percentage value

We simply applied the above formula

6 0
3 years ago
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