Analyzing Unearned Revenue Disclosures

Suppose that the Federal Reserve has set the required reserve ratio at 0.20 (that is, 20%). Second Republic Bank currently has $

Aliun [14]

Answer:

Reserves = $105,000

Required reserve = $30,000

Excess reserve = $75,000

Explanation:

Given:

Required reserve ratio = 0.20

Check able deposit = $150,000

Outstanding loans = $45,000

Computation:

Reserves = Check able deposit - Outstanding loan

Reserves = $150,000 - $45,000

Reserves = $105,000

Required reserve = Check able deposit[Required reserve ratio]

Required reserve = $150,000[0.20]

Required reserve = $30,000

Excess reserve = Reserves - Required reserve

Excess reserve = $105,000 - $30,000

Excess reserve = $75,000

3 0

3 years ago

The world is organized by countries and with globalization the world is organized by multinational organizations. First explain

AVprozaik [17]

Answer:

Countries typically have greatest power of inspirations for the most part because of their control and magistrates powers and powerful controls like variations in restrictive setting to satisfy national financial wants. but they'll be limited by Global bodies complete authorizations similar to however United Nations agency bailed out Ellas with non-indulgence measures, however United Nations obligatory authorizations on varied smaller countries, etc.

Correspondingly even massive transnational companies have influence because of their sturdy political association, media backing, generous market portion and client base, Depending concern in minds of state because of their disappointment if any which might cause common negative consequences, but this power is proscribed once direction sees various players UN agency cn additional such massive companies.

5 0

3 years ago

You are thinking of purchasing a home. The house costs $300,000. You have $43,000 in cash that you can use as a down payment on

Anna35 [415]

Answer:

Annual payment= $3,250.77

Explanation:

Giving the following information:

You are thinking of purchasing a home. The house costs $300,000. You have $43,000 in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase price. The bank is offering a 30-year mortgage that requires annual payments and has an interest rate of 6% per year.

FV= 300,000 - 43,000= $257,000

i=6%

n= 30

Annual payment= ?

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (257,000*0.06)/{[1.06^30]-1}= $3,250.77

3 0

4 years ago

Suppose net exports decreases by $100 million due to a slump in foreign economies. If the value of the multiplier is 2, what hap

iVinArrow [24]

Answer:

It shifts to the left by $200 million at each price level

Explanation:

Given that,

Multiplier = 2

Net exports decrease by $100 million

Change in aggregate demand is calculated as follows:

Multiplier = Change in Aggregate Income (ΔY) ÷ Change in Exports (ΔX)

2 = ΔY ÷ (-$100)

ΔY = -$200

Therefore, the national income will fall by -$200 and hence the aggregate demand will fall by -$200 . Hence, the aggregate demand curve will shift to the left.

3 0

3 years ago

Why does the U.S government issue savings bonds?

Likurg_2 [28]

Answer:

Explanation:

United States savings bonds are debt securities issued by the United States Department of the Treasury to help pay for the U.S. government's borrowing needs. U.S. savings bonds are considered one of the safest investments because they are backed by the full faith and credit of the United States government.

4 0

3 years ago