The action that will be the least helpful if you've been the victim of identity theft is to withdraw your money from all account. You should report it to the law enforcement instead. Withdrawing all of your money from all account would more endanger your life. Hope this answers the question.
Answer:
the answer is "D" Although "A" seems to be the favored method
Answer:
The correct answer is letter "B": large numbers of depositors withdrawing their deposits within a short period of time.
Explanation:
A bank run is a situation in which account holders massively withdraw their funds under the fear the financial institution will lose its liquidity. The situation gets to a point in which the bank is at risk of sensing all its reserves and fail to provide all its clients the money they deposited.
In the U.S. financial institutions with deposits between $16 and $122.3 million must have a minimum reserve of 3%. When the deposits exceed $122.3 million the minimum reserve increases to 10%. The rest of the money is reinvested by banks.
Answer: D) $2.7 million
Explanation:
Debentures are sold per $1,000 which means that out of $30 million there are;
= 30,000,000/ 1,000
=30,000 bonds.
Each bond is entitled to 3 shares;
= 30,000 * 3
= 90,000 shares.
Price of $30
= 90,000 * 30
= $2,700,000
<u>Solution and Explanation:</u>
The yYearly Equal Cash Inflows =
= 46000
Present Value of Inflows at the rate of 10% =
= 46000 multiply with 3.791 = 174386
NPV = 174386 minus 132500 = 42386
<u>
Briggs must make an investment in the project as it generates additional wealth and NPV is positive
</u>
For NPV = 0, PV of inflows = 132500
PV Of Inflows = Annual Cash Flow multiply with 3.791
Annual Cash Flow = 132500 divide by 3.791 = 34951.20
So, Hours =
= 1193.08 hours