subject
Business, 03.01.2020 02:31 watsonjessalynn

First national bank has $80 million in checkable deposits, $15 million in deposits with the federal reserve, $5 million cash in the bank vault, and $5 million in government bonds. reference: ref 36-1 (scenario: first national bank) refer to the information for first national bank provided in the scenario first national bank. given the bank's minimum reserve ratio, how much can the bank issue in loans?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:00
The following cost data relate to the manufacturing activities of chang company during the just completed year: manufacturing overhead costs incurred: indirect materials $ 15,800 indirect labor 138,000 property taxes, factory 8,800 utilities, factory 78,000 depreciation, factory 150,600 insurance, factory 10,800 total actual manufacturing overhead costs incurred $ 402,000 other costs incurred: purchases of raw materials (both direct and indirect) $ 408,000 direct labor cost $ 68,000 inventories: raw materials, beginning $ 20,800 raw materials, ending $ 30,800 work in process, beginning $ 40,800 work in process, ending $ 70,800 the company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. a total of 20,500 machine-hours were used during the year. required: 1. compute the amount of underapplied or overapplied overhead cost for the year. 2. prepare a schedule of cost of goods manufactured for the year.
Answers: 3
question
Business, 22.06.2019 02:50
Seattle bank’s start-up division establishes new branch banks. each branch opens with three tellers. total teller cost per branch is $96,000 per year. the three tellers combined can process up to 90,000 customer transactions per year. if a branch does not attain a volume of at least 60,000 transactions during its first year of operations, it is closed. if the demand for services exceeds 90,000 transactions, an additional teller is hired and the branch is transferred from the start-up division to regular operations. required what is the relevant range of activity for new branch banks
Answers: 2
question
Business, 22.06.2019 09:00
Aminor has the legal right to repudiate
Answers: 2
question
Business, 22.06.2019 16:00
What is used by accountant to analyze transactions ?
Answers: 2
You know the right answer?
First national bank has $80 million in checkable deposits, $15 million in deposits with the federal...
Questions