1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Setler [38]
3 years ago
6

Jay P Horgan Bank holds deposits of $700 million. The current market value of the bank's loans is $500 million. It also holds re

serves of $40 million and government bonds worth $100 million. What is the value of the bank's total liabilities?
$700 million

$540 million

$640 million

$800 million
Business
1 answer:
Viktor [21]3 years ago
8 0

Answer:

$700 million

Explanation:

From a bank's perspective, liabilities are the money it owes to customers. Customer deposits make up a big proposition of a bank's liabilities. Customer deposits held in the bank are liabilities because the money belongs to customers and not the bank.

The deposits of $700 are the liabilities. Reserves are a part of customer deposits that must be retained at the bank's custody at all times. Bonds are trading assets to the bank.

You might be interested in
Alexis received paychecks from both her jobs and she would like to deposit them. One check is for $62.88 and the other is $523.2
baherus [9]
586.10 is how much she would have deposited
4 0
3 years ago
Read 2 more answers
In statistical discrimination,
MakcuM [25]

Answer:D. Workers are given preferential treatment if they help fulfill a quota for particular type of characteristics.

Explanation:

Statiscal discrimenation is a preferential treatment of workers based on racial or gender inequality.

e.g restrictions of employment to singles because they have less responsibilities compared to the married.

5 0
3 years ago
What is the most important way the federal reserve ensures the United States money supply is safe and in circulation
BlackZzzverrR [31]

Answer:

Federal Reserve increases the money supply in the hands of the public if it buys back issued securities from large banks.

Explanation:

Federal Reserve increases the money supply in the hands of the public if it buys back issued securities from large banks. Conversely, Federal Reserve decreases the money supply in the hands of the public if it sells securities. As a result, the money supply increases.

Federal reserve provides and maintains an effective and efficient payment system. It also regulates banking operations.

5 0
3 years ago
Using the sequential method, Pone Hill Company allocates Janitorial Department costs based on square footage serviced. It alloca
Tpy6a [65]

Answer:

10% of the Janitorial Department's $450,000 costs is allocated to the Cutting Department

Explanation:

Given:

                                       Costs          Square Feet         Number of Employees

Janitorial Department   $450,000          100                                 20

Cafeteria Department   $200,000       10,000                              10

Cutting Department      $1,500,000       2,000                             60

Assembly Department  $3,000,000      8,000                              20

               

                        Cafeteria                      Cutting                 Assembly           Total

                      Department                department   department

Square feet    10,000                        2,000                 8,000         20,000

% of allocation      50%                          10%                   40%  

                             \frac{10,000}{20,000} × 100          \frac{2,000}{20,000} × 100          \frac{8,000}{20,000}  × 100  

Hence, % usage by the cutting department is 10%

5 0
3 years ago
In the space below, explain how you can access the character map in Word 2016 using a complete sentence.
vaieri [72.5K]

Answer:

Following are the solution to this question:

Explanation:

This method through clicking the "Start" key and select mostly on Software sub-menus, but instead clicking mostly on Accessories submenus of its Programs menu, and afterward the System Tools character sub-menu, select the "System Tools;" then click on the "Tools" key of the "Tools" table to display the actor application.  

In Windows 10 you also can access that Character Map by pressing, that Windows icon, then click mostly on Character Chart to view, that Character Map button.

5 0
3 years ago
Read 2 more answers
Other questions:
  • You just inherited some money, and a broker offers to sell you an annuity that pays $5,000 at the end of each year for 20 years.
    13·1 answer
  • The manufacturing overhead budget at Pendley Corporation is based on budgeted direct labor-hours. The direct labor budget indica
    8·1 answer
  • Munafo Corporation is a specialty component manufacturer with idle capacity. Management would like to use its extra capacity to
    8·1 answer
  • Marketing managers at a cosmetic company wanted to find out how resistant their product is to smudging. They hired a research fi
    7·1 answer
  • onceptual Connection: For each situation, identify the possible root cause(s) of the activity cost (such as plant layout, proces
    6·1 answer
  • At the end of last year, Cynthia, a 20% partner in the five-person CYG partnership, has an outside basis of $23,000 including he
    14·1 answer
  • Carolyn owes $9,620 on her Electronics Boutique credit card with a 16.4% interest rate. She owes $3,970 on her Miscellaneous Goo
    8·2 answers
  • Causes of corruption?​
    7·2 answers
  • Barn Lumber has 2 million shares of common stock outstanding the stuff for $70 a share of a company has formally dollars of comm
    15·1 answer
  • What is your expectation of this subject industrial psychology
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!