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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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Emma owns a flower shop in Tampa. She pays $3,091 per month to lease her building, $2,208 in wages, $1,887 for flowers and other
Arturiano [62]

Answer:

$6.18

Explanation:

Data provided in the question:

Lease payment = $3,091 per month

Wages = $2,208

Amount for Flowers and other supplies = $1,887

Number of flower arrangements produced per month = 662

Now,

The Variable cost are Wages and Amount for Flowers and other supplies

therefore,

Total variable cost = $2,208 + $1,887

= $4,095

Hence,

Emma’s average variable cost of production

= [ Total variable cost ] ÷ [ Number of flower arrangements produced ]

= $4,095 ÷ 662

= $6.18

5 0
3 years ago
The owner of a leased property conveys possession of the property to the tenant providing them with uninterrupted us of the prop
Harrizon [31]

Answer:

Quiet enjoyment

Explanation:

Quiet enjoyment is a clause in lease agreement that provides a guarantee that the tenant will occupy the property in peace without interference from any other claimants or the landlord.

For example this clause protects a tenant from being removed from a property by someone of higher rank or authority like an agent.

The law recognises quiet enjoyment even when it is not stated explicitly in a lease agreement. It is assumed that every tenant has a right to quiet enjoyment

6 0
3 years ago
X Company is concerned that it does not have enough employees to ensure adequate segregation of duties in its revenue cycle. Whi
MAVERICK [17]

Answer:

The correct answer is C)Opening the mail and recording entries in the sales journal.

Explanation:

It is the correct answer because both activities can be done sitting on the desk, using the same computer. All the other answers refer to activity pairs that would require physical activity, and this would reduce efficiency. For example, making journal records and delivering inventory are extremely disjointed activities, it is like being an accountant and a delivery person at the same job.

5 0
3 years ago
Even though the procedure called for you to do so, organic chemists typically do not weigh sodium sulfate when it is used for th
bogdanovich [222]

Answer:

a) Why is it NOT necessary to weigh accurately the sodium sulfate?

Explanation:

The mass of sodium sulfate is not important to the lab because it is not used in any of the calculations to find the partition coefficient of 9-Fluorenone.

8 0
3 years ago
If an account has a credit balance it means​
Brums [2.3K]

Answer:

If the total of your credits exceeds the amount you owe, your statement shows a credit balance. This is money the card issuer owes you. You can call your card issuer and arrange to have a check sent to you in the amount of the credit balance.

Explanation:

Hope this help!!

6 0
2 years ago
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