subject
Business, 03.05.2021 21:00 lizbethmillanvazquez

The First National Bank has the following items on its balance sheet (the numbers in the parentheses are values in millions of dollars): U. S. Treasury bonds (20); Checkable deposits (30); Mortgage-backed securities (30); Certificate of deposits (10); Reserve deposits with Federal Reserve (5); Commercial and industrial loans (50); Savings deposits (20). If the required reserve ratio is 12%, how much excess reserve does the bank have

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 07:30
Jewelry manufacturers produce a range of products such as rings, necklaces, bracelets, and brooches. what fundamental economic question are they addressing by offering this range of items?
Answers: 3
question
Business, 22.06.2019 10:50
Kimberly has been jonah in preparing his personal income tax forms for a couple of years. jonah's boss recommended kimberly because she had done a good job setting up the company's new accounting system. jonah is very satisfied with kimberly's work and feels that the fees she charges are quite reasonable. kimberly would be classified as a(n) (a) independent auditor (b) private accountant (c) public accountant (d) accounting broker
Answers: 1
question
Business, 22.06.2019 11:10
Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.
Answers: 1
question
Business, 22.06.2019 11:20
Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?
Answers: 3
You know the right answer?
The First National Bank has the following items on its balance sheet (the numbers in the parentheses...
Questions
question
Mathematics, 14.05.2021 23:30
question
Mathematics, 14.05.2021 23:30
question
Mathematics, 14.05.2021 23:30
question
Mathematics, 14.05.2021 23:30
question
Mathematics, 14.05.2021 23:30
question
Health, 14.05.2021 23:30
question
English, 14.05.2021 23:30
Questions on the website: 13722363