Uninsured motorist insurance protects you if you're in an accident with an at-fault driver who doesn't carry liability insurance. Underinsured motorist coverage steps in when you're in an accident with an at-fault driver whose liability limits are too low to cover the medical expenses of any injured people.
Answer:
($89,000)
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
the net cash provided by (used in) financing activities on the statement of cash flows would be:
= -$30,000 - $59,000
= - $89,000
Others not involved in the computation are investing and operating activities
Answer:
It hinders or prevents the money supply from contracting as much and as fast as it would have contracted if the banks had not gone to the Fed for loans. moreover, it is only a short-run phenomenon. Once the banks repay the Fed loans (probably within the next two to four weeks), reserves will leave the banking system, and the money supply will decline as predicted. The loans the Fed makes to banks create a lag between the increase in the required reserve ratio and the full contractionary effect on bank reserves and the money supply.
Explanation: