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cricket20 [7]
3 years ago
6

Diana is a customer of Apexoria Bank, which is not a member of the FDIC. She currently has a checking account with $11,000 in it

. How much of Diana's money is FDIC-protected?
A. $0
B. $18,156
C. $250,000
D. $11,000
Business
2 answers:
Stella [2.4K]3 years ago
7 0
<span>The answer is A.$0 Since, the Apexoria Bank is not a member of FDIC, no money of Diana is FDIC protected.</span>
BlackZzzverrR [31]3 years ago
4 0

Answer:

A. $0

Explanation:

a.p.e.x

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If the tax laws were changed so that $0.50 out of every $1.00 of interest paid by a corporation was allowed as a tax-deductible
Nastasia [14]

Answer: False

Explanation:

Interest paid by Corporations on debts are already a tax deductible expense. If laws were changed allowing $0.5 out of every $1.00 to be tax deductible, that would mean that $0.5 would still have to be paid tax on. That would mean that Corporations now have to pay more taxes because current tax laws allow for every $1 of interest (100%) to be tax deductible.

It is therefore unlikely that Corporations would borrow more.

If you require any clarification do react or comment.

5 0
3 years ago
A company has the following loan activity—Additional loan from bank: $19,000; Ending cash
Bingel [31]

Answer:

Preliminary cash balance =  - $13,400.

Explanation:

We know,

Cash at hand = Preliminary cash balance + Additional borrowings from bank.

Given,

Cash at hand = $5,600

Additional borrowings from bank = $19,000

Putting the values into the formula, we can get

Cash at hand = Preliminary cash balance + Additional borrowings from bank

Or, $5,600 = Preliminary cash balance + $19,000

Or, $5,600 - $19,000 = Preliminary cash balance

Or, Preliminary cash balance =  - $13,400.

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3 0
3 years ago
What does the federal reserve board of governors control
sleet_krkn [62]
<span>The Federal Reserve System, the central bank of the United States, conducts the nation's monetary policy, supervises and regulates banks, and provides a variety of financial services to the U.S. government and to the nation's banks. The Federal Reserve System is supervised by the Board of Governors.
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5 0
3 years ago
Freshmart, Inc., began the year with 250 units of inventory at a cost of $55 per unit using variable costing, produced 1,000 uni
Svetach [21]

Answer:

The net income will be "$36,250".

Explanation:

The given values are:

Administrative expenses

= $15,000

Fixed overhead costs

= $30,000

According to the question:

The sales will be:

=  1250 \ units\times 100 \ per \ units

=  125000

The production cost of the variable will be:

=  1250 \ units \times 25 \ per \ units

=  31250

Variable selling will be:

=  1250 \ units\times 10 \ per \ units

=  12500

The net income will be:

⇒  Sales-Production \ cost \ of \ variable-admin \ expenses-fixed \ costs-fixed \ selling

On substituting the values, we get

⇒  125000-31250-12500-30000-15000

⇒  36250 ($)

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Tattoo Tax Arkansas imposes a 6% tax on tattoos and body piercings to discourage this behavior, meaning that the people of Arkan
jenyasd209 [6]

Answer:

c

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