Answer:
.size of the financial institution
Explanation:
The reserve requirement is one of the monetary policies of the Fed used to increase or decrease the money supply in the economy. The Fed will require commercial banks a certain percentage of the cash deposits in their vaults as reserve. Through the reserves requirement, the Fed regulates the amount of money available to be loaned to firms and households.
The amount of reserve a bank is supposed to hold as reverse is dependent on its size. For example, small size banks whose transaction accounts are below 15.2 million are not required to hold reserve. Medium size banks that with transaction account that range from $15.2 million to $110.3 million are required to keep 3 percent of deposits as reserve. Large banks with transaction accounts above $110 million must hold 10 percent as reserve.
Answer:
Required return on stock = 13.44%
Explanation:
We know,
The required return on the company's stock = Risk-free rate of return + (Expected return on the market - Risk-free rate of return) x beta
= + () x b
Given,
Beta, β = 1.14;
Risk-free return, = 3.33%
Return on the market, = 12.20%
Putting the numbers on the formula, we can get,
The required return on the company's stock = 3.33% + (12.20% - 3.33%) x 1.14
required return on stock = 3.33% + 10.1118%
required return on stock = 13.44% (Rounded to two decimal places)
Answer:
Material price variance = $25,000 Unfavorable
Explanation:
<em>A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. A favorable variance is recorded where the actual total cost of materials is lower that the standard cost. While an adverse variance implies the opposite </em>
$
200,000 pounds should have cost (200,000× $4.50)= 900,000
but did cost <u>925,000</u>
Material price variance <u> 25,000</u>Unfavorable
Material price variance = $25,000 Unfavorable
Yes they do they r required to have handy cap acesse and to have em for the ones who can't buy one