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arsen [322]
3 years ago
10

Choose the correct statement. A. Upper A bank's reserves are notes and coins in the bank's vault or in a deposit account at the

Federal Reserve. B. In 2017 about 700 commercial banks operated in the United States. C. Upper A benefit of a money market mutual fund is that shareholders can write checks on their accounts with no restrictions. D. The deposits of commercial banks represent 62 percent of Upper M 1 and 49 percent of Upper M 2.
Business
1 answer:
AlexFokin [52]3 years ago
6 0

Answer:

A.

Explanation:

Upper A bank's reserves are notes and coins in the bank's vault or in a deposit account at the Federal Reserve.

Upper A is a commercial bank, and it's bank reserve is The money it keeps on in it's bank vault, or it is money that the bank has kept in an account with the country's central bank which is the federal reserve.

If the Fed says banks are to reserve 10% of deposits and Upper A takes in $2,000,000 in deposits, it would berequired for the bank to keep $200,000 either in its bank vault or in its account with the Federal reserve.

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A bond indenture......
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3 years ago
Sox Corporation purchased a 30% interest in Hack Corporation for $1,525,000 on January 1, 2021. On November 1, 2021, Hack declar
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Answer:

$1,200,000

Explanation:

SOX Corporation purchased a 30% interest for $1,525,000

On November 1, 2021, Hack declared and paid $1,100,000 million in dividends

Hence, Carrying value = $1,525,000 - 30%($1,100,000)

Carrying value = $1,525,000 - $330,000

Carrying value = $1,195,000

Net loss given during the year reported by Hack is $4,000,000

Hence, Net Loss of SOX is $4,000,000 * 30%

Net Loss = $1,200,000

Therefore, the net loss to be recognized in the Income statement is $1,200,000

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3 years ago
You have just deposited $14,000 into an account that promises to pay you an annual interest rate of 7.1 percent each year for th
aleksandrvk [35]

Answer:

Explanation:

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3 years ago
1. Which resource management task determines the type, quantity, receiving location, and users of resources? A. Track and Report
Rasek [7]

Answer:

C. Identify Requirements

Explanation:

Individuals who are assigned the responsibility of resource management should first of all identify resource requirements.

Identification of requirements relates to the quantum of resources required, the place where they are required and the recipient of those resources.

Resource needs and requirements change from time to time as per the situation. Resource requirements mean the quantity and the kind of resources that would be required for completion of a project.

Thus, Identify Requirements determines the type, quantity, receiving location and the users of those resources.

8 0
3 years ago
James company is paid $6,000 in dividends from mark corp. on its equity investment. james lacks significant influence over mark
Darina [25.2K]

James Company is paid $6,000 in dividends from Mark Corp. on its equity investment. James lacks significant influence over Mark Corp. James Company should-----credit dividend revenue

<h2>Dividend Revenue Definition:</h2>

A dividend is defined because the fraction of the earnings of an organization that will be distributed among shareholders. Dividend revenue is that the income the individual shareholders or investors would receive according to the number of shares held.

<h3>Where is dividend in balance sheet?</h3>

When a corporation issues a stock dividend, it distributes additional quantities of stock to existing shareholders consistent with the number of shares they already own. Dividends impact the shareholders' equity section of the company balance sheet—the retained earnings, particularly .

Learn more about dividend :

brainly.com/question/2960815

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1 year ago
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