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dexar [7]
3 years ago
9

The Megabux National Bank currently has deposits of $200 million. If the Fed establishes a reserve requirement of 12 percent, Me

gabux National must hold reserves of _______ against its deposits.A. $12 million B. $24 million C. $176 million D. $200 million
Business
1 answer:
scoundrel [369]3 years ago
5 0

Answer:

Option (B) is correct.

Explanation:

Given that,

Megabux National Bank currently has deposits = $200 million

Fed establishes a reserve requirement = 12 percent

Therefore,

Reserves must be hold by the Megabux national bank against its deposits:

= Amount of Deposits × Required reserve ratio

= $200 million × 12 percent

= $200 million × 0.12

= $24 million

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Answer:

c.12%

Explanation:

PVF of  12% for 6 years is 4.11

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Present value of cash inflows, 12% = 7251*4.11

Present value of cash inflows, 12% = 29801.61

Present value of cash inflows, 11% = 7251*4.23

Present value of cash inflows, 11% = 30671.73

Internal rate of return = 11% + (30671.73 - 30000)/(30671.73-29801.61)

Internal rate of return = 11.7719969659%

Internal rate of return = 11.772%

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3 years ago
A _____ occurs when a company's management decides to add products to an existing product line in order to compete more broadly
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C. Product line extension.

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b. It creates equality throughout society

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However, it is not in anyways connected to equality throughout society.

3 0
3 years ago
By the second decade of the 21st century, most organizations were devoting less and less time and attention to corporate ethics.
yKpoI14uk [10]

It is true that by the second decade of the 21st century, most organizations were devoting less and less time and attention to corporate ethics.

<h3> Corporate Ethics</h3>

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<h3>What are the type business ethics?</h3>

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(ii) Wealth without Work

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(v) Pleasure without Conscience

(vi) Science without Humanity

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brainly.com/question/27824491

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7 0
1 year ago
Alpha began operations in 2015. It reported $500 in revenues. It reported $200 depreciation expense on its 2015 tax return; howe
user100 [1]

Answer:

$45

Explanation:

Calculation to determine What will be the balance in the DTL account in Alpha's 2015 balance sheet

Using this formula

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Therefore What will be the balance in the DTL account in Alpha's 2015 balance sheet is $45

7 0
3 years ago
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