Net working capital is the difference between the Total Current Assets and Total Current Liabilities.
The December 31, 2015, balance sheet of Maria's tennis shop, inc., showed current assets of $1,145 and current liabilities of $935.
Hence, Net working capital as on December 31, 2015 shall be (1145-935) = $210
The December 31, 2016, balance sheet showed current assets of $1,360 and current liabilities of $1,035.
Hence, Net working capital as on December 31, 2016 shall be (1360-1035) = $325
So the change in the net working capital in the year 2016 shall be (325-210)= <u>$115</u>
According to the limits set by U.S Congress, the Fed may require a bank which has checkable deposits that is worth more than $125 million to maintain a reserve of <u>8% to 14%</u> of these deposits.
<h3>What is the Federal Reserve System?</h3>
The Federal Reserve System is also referred to as the "Fed" and it was enacted into law by the Federal Reserve Act on the 23rd of December, 1913 by the U.S Congress.
Also, it is important to note that the "Fed" is just like all central banks and as such, it's considered as a United States government agency.
Basically, all the money in the economy of the United States of America is essentially a debt of the Federal Reserve System and all the chartered banks.
According to the limits that were set by U.S Congress, the Federal Reserve System (Fed) may require a bank which has checkable deposits that is worth more than $125 million to maintain a reserve of <u>8% to 14%</u> of these deposits.
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Answer:
A doormat is one cost-effective way to add warmth to our home. They aren't just preventing the dirt from entering your home, doormats also act as the perfect decorative element. You can use a doormat to welcome the guest or create a sense of style in a room
Answer:
Explanation:
Total revenue is the amount of money you got for selling all of your products/services.
Marginal revenue is the amount of money you got for selling the last unit of goods or services.
Answer:
The fertile waters in which the fish feed and breed ⇒ <u>Natural Resources per worker. </u>
The skills workers develop through training before working on and piloting boats ⇒ <u>Human Capital per worker. </u>
A route fishing boats can follow to maximize their catch at different points in the day ⇒ <u>Technological Knowledge.</u>
The boats in the fishing fleet ⇒ <u>Physical Capital </u>