Answer: It has 1 milion dollars in required reserves
Explanation:
Tot. Res = Vault cash + Deposit with Federal Reserve
Tot. Res = 2 million dollars + 8 million dollars = 10 million dollars
Total reserves are the sum of excess reserves and required reserves
.
Tot. Res. = Exce. Res. + Req. Res.
10 million dollars = 9 million dollars = Req. Res.
Req. Res. = 10 million dollars- 9 million dollars.
Req. Res. = 1 million dollars.
Answer:
A. Is in violation of the bankruptcy code.
When you ask me about exchage rate I remember about Arabic coming to Africa for trading goods. So this tells me that the the value of one currence from deferent nations was converted to another. I hope you got it.
Answer:
This is important for Jose because as a business owner you want to know what type of business you are running
Explanation:
hope this helps :D
