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Reika [66]
3 years ago
5

Excess reserves are equal to Question 9 options: A) total reserves minus discount loans. B) vault cash plus deposits with Federa

l Reserve banks minus required reserves. C) vault cash minus required reserves. D) deposits with the Fed minus vault cash plus required reserves.
Business
1 answer:
kipiarov [429]3 years ago
5 0

Answer:

The correct answer is B) vault cash plus deposits with Federal Reserve banks minus required reserves.

Explanation:

Excess reserves refer to capital reserves held by a financial institution or institution in addition to what is required or regulated by regulatory entities or other internal controls in the countries. This practice allows them to handle external situations that affect the market, or allocate it to other items to generate profitability.

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Kasen just completed his second year of college in education. He is not sure if this is the best career choice for him. He wants
klasskru [66]
The job education that he would most likely be qualified without a complete bachelor's degree is a kindergarten teacher because this is usually a job that can be taken upon even if an individual is only a graduate of high school because they have the basic knowledge that they need in means of teaching a children at the kindergarten.
4 0
3 years ago
Read 2 more answers
Calculating Lower-of-Cost-or-Net Realizable Value
Tju [1.3M]

Answer:

Anne Traylor Inc.

Calculating Lower-of-Cost-or-Net Realizable Value

The inventory cost to report on the balance sheet on June 30, 2020, assuming that the company applies the lower-of-cost-or-net realizable value rule to each individual inventory item is:

= $8,990.

Explanation:

a) Data and Calculations:

Inventory  Quantity   Selling  Cost     NRV    Inventory   Lower-of-Cost-or-

Item                            Price    to Sell                  Cost     Net Realizable Value

#100              70          $24      $5       $19         $16         $1,120 ($16 * 70)

#101             100            22         4         18            17           1,700 ($17 * 100)

#115              50            35         6        29            31          1,450 ($29 * 50)

#118             120            40         6        35           29         3,480 ($29 * 120)

#120             25             18         4         14            10            250 ($10 * 25)

#128             45            30         8        22           26            990 ($22 * 45)

Total                                                                                $8,990

7 0
2 years ago
1. Wylie has been offered the choice of receiving $5,000 today or an agreed-upon amount in 1 year. While negotiating the future
g100num [7]

Answer:

14%

Explanation:

The computation of the tvom in percentage form is shown below:

Today price × (1 + interest rate) = Future value

$5,000 × (1 + interest rate) = $5,700

(1 + interest rate) = $5,700 ÷ 5,000

(1 + interest rate) = 1.14

So, the interest rate

= 1.14 -1

= 0.14 or 14%

Hence, the interest rate or TVOM i.e times value of money is 14%

5 0
3 years ago
The accounts payable ledger has postings from which of the following sets of journals? a.Purchases, cash payments, and general b
docker41 [41]

Answer: a. Purchases, cash payments, and general

Explanation:

The accounts payable ledger has postings from the purchases journal, cash payments journal and the general journal.

The accounts payable ledger is also referred to as the creditors ledger because it shows the amount that a company owes its suppliers.

The purchase journal shows the record for the goods that a particular company buys on credit. Cash payments journal shows the transactions which the business pays in cash. The general journal shows business transactions when they take place.

Therefore, the correct option is A.

3 0
3 years ago
achining and Assembly are operating departments; the other departments are service departments. Factory Administration is alloca
velikii [3]

Complete Question:

check the first three files attached

Answer:

The fourth file gives a breakdown of the answers

3 0
3 years ago
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