The Norfolk Bank has $18,000 in excess reservces and the reserve ratio is 20 percent. Which level of checkable deposits and reserves might this bank hold? a. $160,000 in checkabledeposit liabilities and $47,000 in reserves. b. $140,00 in checkabledeposit liabilities
36,492 results
Accounting
What is the total stockholders' equity based on the following account balances? Common Stock $450,000 PaidIn Capital in Excess of Par 90,000 Retained Earnings 190,000 Treasury Stock 10,000 Answer A.$740,000 B.$730,000 C.$720,000 D.$640,000

Macroeconomic
All of the following statements are true of the Federal Reserve EXCEPT: A. Acts as the central bank for all countries in the world. B. Along with the Board of Governors, the chairperson of the Federal Reserve determines monetary policies and strategies

econ
Suppose the reserve requirement ratio is 20 percent. Assuming no bank holds excess reserves and nobody withdraws cash, a $10,000 injection of new excess reserves by the Fed can create A) $2,000 in new checkable deposits B) $10,000 in new checkable deposits

Economic
1.The most important tool the Fed has to control the money supply is a. changing the federal funds rate. b. changing the required reserve ration. c. open market operations. d. changing the discount rate 2. Banks use their excess reserves to a. make new

U.S. and Global Economics
The owner of a flower shop needs a shortterm loan to tide her business over until she completes the sale of some unused property. She asks the bank for a $25,000 sixmonth loan. The bank agrees to give her the loan, but attaches a hefty interest rate of

Macroeconomics
If it looks like a bank won't meet the Federal Reserve Bank's reserve requirement, normally it will first turn to the: A) other member banks and borrow at the federal funds rate. B) Fed and borrow at the discount rate. C) open market and borrow money

Economics
Bank A has a leverage ratio of 10, while Bank B has a leverage ratio of 20. Similar losses on bank loans at the two banks cause the value of their assets to fall by 7 percent. Which bank shows a larger change in bank capital? Does either bank remain

matlab
One bank pays 5.5 percent annual interest, while a second bank pays 4.5 percent annual interest. Determine how much longer it will take to accumulate at least $50 000 in the second bank account if you deposit $1000 initially and $1000 at the end of each

ReservesPLEASE HELP!
The Norfolk Bank has $18,000 in excess reservces and the reserve ratio is 20 percent. Which level of checkable deposits and reserves might this bank hold? a. $160,000 in checkabledeposit liabilities and $47,000 in reserves. b. $140,00 in checkabledeposit

Math/Piecewise functions
Write a piecewise definition for the tax due T(x) on an income of x dollars When x

economics
If the reserve requirement is 20% and a bank doesn't have excess reserves, why would a $100 deposit lead to a greater than $100 increase in the money supply? Interest?

Can someone help with this Econ problem?
Which monetary policy tool is used most often by the Federal Reserve? A. printing additional money B. buying or selling government securities and bonds C. raising or lowering bank reserve requirements D. adjusting the money multiplier formula E. adjusting

Economics
1. Suppose that the money supply is currently $500 billion and Fed wishes to increase it by $100 billion. Given a reserve ratio of 0.25 what should it do? 2. Determine the impact on each of the following if 2 million formerly unemployed workers decide to

Business finance
You need to have $50,000 at the end of 10 years. To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposit it in the bank. The bank pays 8 percent interest compounded annually for longterm

economics
3. Draw a simple Taccount for First National Bank which has $5,000 of deposits, a required reserve ratio of 10 percent, and excess reserves of $300. Make sure you balance sheet balances

Macro check and help
A bank has $200 reserves, $800 loans, $400 securities, $1200 deposits, and $100 debt. a) Calculate the bank's capital. b) Calculate the bank's leverage ratio. c) Suppose there is a stock market boom, so that the bank's assets increase by 2 percent. What is

Macroecon
Part I Consider a world in which there is no currency and depository institutions issue only checkable deposits and desire to hold no excess reserves. The required reserve ratio is 20 percent. The central bank sells $1 billion in government securities.

economics
Federal Reserve lowers reserve requirment to 1.25% what wil happen to the bank lending, supply of money, aggregrate demand and the interest rate and why?

PreCalculus
. Margaret is planning to invest up to $22,000 in certificates of deposit at City Bank and People’s Bank. She wants to invest at least $2,000 but no more than $14,000 at City Bank. People’s Bank does not insure more than a $15,000 investment, so she

Economic Help please
1)What happen to the net public debt if the federal government operates next year with a: 1) Budget deficit? 2) balanced budget? 3) budget surplus? 2) A bank has $120 million in total assets, which are composed of legal reserves, loans, and securities. Its

Finance
Your firm is considering the following three alternative bank loans for $1,000,000: a) 10 percent loan paid at year end with no compensating balance b) 9 percent loan paid at year end with a 20 percent compensating balance c) 6 percent loan that is

Government/Economics
The bank of the UNited States is: A. U.S. Bank B. First National Bank C. Bank of America D. Seafirst E. None of the Above If anything, the bank of the U.S. would be the Federal Reserve. I would go with E There were in actuality two different Banks of the

Math
Before she applies for a longterm bank loan, Shira wants to figure out her debttoasset ratio. Shira has two liabilities: a credit card balance of $1,300 and a car loan balance of $4,800. Shira's car has a market value of $9,000. She also has a balance

simple interest
Jimmy invests 15,000 coins in a bank and earns simple interest. After 2 years he withdraws all his money from the bank .If the amount that he receives is 17,000 coins ,calculate. (a)the interest received (b)the rate at which bank pays interest.

econ.
If the reserve requirement is 20% and a bank doesn't have excess reserves, why would a $100 deposit lead to a greater than $100 increase in the money supply. because of the money multiplier. A $100 deposit (e.g., into a checking account) gives the bank

Finance
Assume a bank has $5 million in deposits and $1 million in vault cash. If the bank holds $1 million in excess reserves and the required reserves ratio is 8 percent, what level of deposits are being held?

U.S. History
Explain why President Wilson proposed the establishment of the Federal Reserve System. A: President Wilson proposed the establishment of the Federal Reserve System to restore public confidence in the banking system. The United States had not had a central

macro economy
Assume the fallowing date describe the condition the bankercy systemTotal reserve 200 billions Transaction deposit 800 billion Cash held by public 100 billion by public reserve requirmend .20 1)How large is m 2) How large reserve requirement? 3) How large

fin
You are able to deposit $850 into a bank CD today and you will only withdraw the money once the balance is $1,000. If the bank pays 5 percent interest, how long will it take you to attain your goal?

MATH
. Margaret is planning to invest up to $22,000 in certificates of deposit at City Bank and People’s Bank. She wants to invest at least $2000 but no more than $14,000 at City Bank. People’s Bank does not insure more than a $15,000 investment, so she

Financial Accounting
Calculate accounts receivable turnover ratio. Calculate accounts receivable turnover ratio. Selected information from Mystic Corporation’s balance sheet at December 31, 2010 and income statement for the year ended December 31, 2010 is as follows: Cash

Maths
Sue,Martin and Lucy have £1180 in the bank shared between them in the ratio 16:23:20. Marvin takes out £100 and Lucy puts some money into the bank.Their total money is now in the ratio 8:9:12.How much more money Lucy put into the bank? Could somebody

Finance
You are currently investing your money in a bank account which has a nominal annual rate of 8 percent, compounded annually. If you invest $2,000 today, how many years will it take for your account to grow to $10,000?

math
Suppose you wanted to place 1,000,000 pennies in large coin banks. If you put 50,000 pennies in each bank, in which bank would you find the 678,230th penny?

finance 200
I really do not understand how to do this or set this up. Can you please help me? Pro Forma Statements a. Mike Epstein is very optimistic because sales for his feed store are expected to double from $800,000 to $1,600,000 next year. His net assets (Assets

Finance
Can anyone explain to me how to use this formula? Cost of failing to take a cash discount Disc ount percent 100 percent Discount percent 3 60 Final due date Discount period I am trying to calculate Assume the proceeds from the loan with the

Finance
A new bank has vault cash of $1 million and $5 million in deposits held at its Federal Reserve District Bank. a. If the required reserves ratio is 8 percent, what dollar amount of deposits can the bank have? b. If the bank holds $65 million in deposits and

Accounts
From the following Balance Sheets of Sriramco, prepare (a) Statement of Changes in Working Capital, and (b) Funds Flow Statement: Balance Sheet of Sriramco as on 31st December… Assets Goodwill Land and Buildings Plant Investments Book Debts Stock Cash in

macroeconimics
A bank has $120 million in total assets, which are composed of reserves, loans, and securities. It’s only liabilities are $120 million in transactions deposits. The bank exactly satisfies its reserve requirement and its total reserves equal $6 million.

Economics
From reading a paragraph, I gathered following facts. Bills and coins outside the bank: 175 Checkable deposits 418 savings and time deposits 1782 currency inside bank 28 central bank deposit 186. so.. the banks reserve is 186+28=214 monetary base: 186 +

econ
1. A bank has $120 million in total assets, which are composed of reserves, loans, and securities. Its only liabilities are $120 million in transactions deposits. The banks exactly satisfies its reserve requirement, and its total reserves equal $6 million.

economics
i am doing my dissertation and i need to find a model to determine the optimum level of bank reserve ratio. i have looked at Richard Cothren (1987)’s journal entitled “ Asymmetric Information and Optimal Bank Reserves”. but i want to find a SIMPLE

econ 181
What isthe max amount of new loans that this bank can make? How will appear on the balance sheet after the bank has lent this money? (show in column 1) Explain how the supply of money changed? How will the bank's bal sheet appear after checks drawn fortghe

Fin
Midland Chemical Co is negotiating a loan from Manhattan Bank and Trust. The small chemical company needs to borrow $500,000. The bank offers a rate of 8¼ percent with a 20 percent compensating balance requirement, or as an alternative, 9¾ percent with

Algebra 2
A man is planning to invest up to $22,000in bank X or bank Y or both. He wants to invest at least $2,000 but no more than $14,000 in bank X. Bank Y doesn't insure more than a $15,000 investment so he will not invest no more than that in bank Y. The intrest

health care finance
Your firm is considering the following three alternative bank loans for $1,000,000: a) 10 percent loan paid at year end with no compensating balance b) 9 percent loan paid at year end with a 20 percent compensating balance c) 6 percent loan that is

Finance
What is the amount of money created in the banking system due to an initial deposit of $1,000 if the required reserve is 5%? The banks are not holding any excess reserves.

accountancy
2. The ledger accounts of M Ltd. show the following balances: Rs. 14% Preference share Capital 3,00,000 Securities Premium 20,000 Investment Allowance Reserve 50,000 General Reserve 80,000 Profit and Loss Account 38,600 The company redeems preference

Finance
If the bank holds $65 million in deposits and currently holds bank reserves such that excess reserves are zero, what required reserves ratio is implied?

Corporate law
At a closing at 10 a.m. on May 3, 2005, X Corp. delivers $25,000,000 to the seller of a factory using $20,000,000 from Bank One secured by a mortgage on the property, and the attorney for X Corp. records its title to the property at the same time. At 2

Maths
A bank charges 2 1/2% commission for issuing a bank draft. If a customer obtained a bank draft for #84,000 from the bank, calculate the total cost of the bank draft

finance
a. Mike Epstein is very optimistic because sales for his feed store are expected to double from $800,000 to $1,600,000 next year. His net assets (Assets – Liabilities) will remain at 50% of sales. The company will enjoy a 10 percent return on total

Business Finance
George Wilkins checked the spreadsheet where he keeps track of his assets and liabilities. He discovered that (i) he owes $80,000 on his house, which he believes to be worth $150,000; (ii) his car is worth $20,000, against which there is $2,000 on the

Business
George Wilkins checked the spreadsheet where he keeps track of his assets and liabilities. He discovered that (i) he owes $80,000 on his house, which he believes to be worth $150,000; (ii) his car is worth $20,000, against which there is $2,000 on the

Finance
A bank offers your firm a revolving credit arrangement for up to $85 million at an interest rate of 2.5 percent per quarter. The bank also requires you to maintain a compensating balance of 4 percent against the unused portion of the credit line, to be

math
suppose you wanted to place 1,000,000 pennies in large coin banks. if you put 50,000 pennies in each bank, in which bank would you find the 678,230th penny?

math
Suppose u want to place 1,000,000 pennies in large coin banks. If u put 50,000 pennies in each bank in witch bank would u find the 678,230th penny

MATH
Suppose you wanted to place 1,000,000 pennies in large coin banks. If you put 50,000 pennies in each bank, in which bank would you find the 678,230th penny?

math
suppose you wanted to place 1,000,000 pennies in large coin banks. If you put 50,000 pennies in each bank, in which bank would you find the 678,230th penny when using the number line.

Finance 370
what is the future value of $5,000 in a bank account for 7 years at 4 percent compounded bimonthly

economics
Suppose that the reserve ratio is .25, ad that a bank has actual reserves of $15,000, loans of $40,000, and demand deposits of $50,000. Excess reserves are $

Econ assistance
 Distinguish M1, M2, and M3. What are near monies?  If you deposit a 20,000 dollar check into a checking account and your bank has a three percent reserve requirement, by houw much will the bank's excess rise? Consider the money multiplier. What is the

Economics
In an economy, the currency drain is 5 percent of deposits and the desired reserve ratio is 2 percent of deposits. If the central bank buys $100,000 of securities on the open market, calculate the money multiplier. The money multiplier is?

Macroeconomics
A bank has issued 4 billion in transactions deposits and 2 billion in time deposits and other nontransactions deposits. Its other liabilities and net worth equal 1 billion. The bank has 100 million in total reserves. The only reserve requirement that this

intro to economics
Please check my answers and I need help on some of the problems. I'm in a intro to economics course at a university. My professor did not provide a book for this course citing that she rarely had her students use it. So all I have are notes. I would like

Econ
 Explain the statement" The most unlikely problem of the national debt is that the government will go bankrupt."  Consider the statement: "Our Grandchildren may not suffer the entire burden of a federal deficit." (What is this like a trick question?) Is

macroeconomics
can anyone help with this question? What would happen to the money supply if the federal reserve made an open market sale of 5 billion worth of government securities to a private citizen. Assume that the bank with which the private citizen does business is

Macroeconomics
A bank has $200 reserves, $800 loans, $400 securities, $1200 deposits, and $100 debt. a) Calculate the bank's capital. b) Calculate the bank's leverage ratio. c) Suppose there is a stock market boom, so that the bank's assets increase by 2 percent. What is

economics
Am i right, just checking as too many wrong homework assignments at the start of this semester have messed up my grades If the required reserve ratio is 0.2, by how much could the money supply expand if the central bank purchased £2 billion worth of

economics
If the reserve requirement is 20% and a bank doesn't have excess reserves, why would a $100 deposit lead to a greater than $100 increase in the money supply. answer posted above.

Macroeconomics
Show the changes to the Taccounts for the Federal Reserve and for commercial banks when the Federal Reserve buys $50 million in U.S. Treasury bills. If the public holds a fixed amount of currency (so that all loans create an equal amount of deposits in

finance
Your firm is considering the following three alternative bank loans for $1,000,000: a) 10 percent loan paid at year end with no compensating balance b) 9 percent loan paid at year end with a 20 percent compensating balance c) 6 percent loan that is

accounting
. Preference Decisions: NPV vs. IRR vs. Profitability Index Stephens Industries is contemplating four projects: Project P, Project Q, Project R, and Project S. The capital costs and estimated after tax net cash flows of each project are shown in the table

Economics
Effect on the money supply on two monetary policies: The Fed increased the discount rate The Fed decreases the required reserve ratio. Give me keywords that will shorten my research please. Thank you for using the Jiskha Homework Help Forum. Here is what I

macroeconomics
Using the simple money multiplier {excess of reserves x (1/r)}, calculate the total change in the money supply resulting from a $1,000 initial deposit with a 10% reserve requirement.

Economics
Help solving this question, please help me on how to do it. Don't give me the answer... If the banking system has $15,000 of total reserves and a reserve requirement of 20%, the money supply can reach a maximum of $30,000. $65,000. $75,000. $150,000.

Advance Finance
The Howland Carpet Company has grown rapidly during the past 5 years. Recently, its commercial bank urged the company to consider increasing its permanent financing. Its bank loan under a line of credit has risen to $250,000, carrying an 8 percent interest

Macroeconomics
(Monetary Control) Suppose the money supply is currently $500 billion and the Fed wishes to increase it by $100 billion. a. Given a required reserve ration of 0.25, what should it do? b. If it decided to change the money supply by changing the required

Accounting1  ethical issue
Discount Hardware Wishes to expand its business and has borrowed $200,000 from the Toronto Dominion Bank. As a condition for making this loan, the bank required discount hardware to maintain a current ratio of atleast 1.50 and a debt ratio of no more than

LOCAL STANDARDS AND REGULATIONS
Mrs. Carroll and Ms. Howard decide to divide all profits and share all losses using a fixed ratio. If the ratio agreed upon is in proportion to their original investment, what would be Ms. Howard's share of a $60,000 endofyear profit? (Hint: The original

Maths
The selling price of a house from the bank was dropped from $200,000 to $190,000. By what percent did the price drop?

accounting
using the equation A=L+OE how would you balance this problem: You buy acompany for $200,000  Assets are land $50,000, building $130,000, equip $20,000. Took 70,000 from personal bank account to invest in business. Made a down payment of $40,000 and

math
A country exported 60,000,000 less than it imported, creating a negative balance ...and the question is? We know imports > exports. Therefore we have a trade imbalance of 60,000,000. On the fiscal budget for the country this would be recorded in red or

Economics
What is the organization of the Federal Reserve Bank?

MacroEconomics
Monetary policy is the responsibility of the Central Bank and involves variations in the level of the supply of money, the interest rates and availability of credit aimed at affecting the level of expenditure, employment and economic activity within the

Economics
Hopefully you can help me and I need this ASAP. I need this by tomorrow in the morning. You answer the questions if it decreases increases, expands or not. Also, can you explain it too? This are what if situations. Don't answers don't have to be in depth.

Accounts
The following is the Trial Balance of a trader as at 31st December, 2001: Debit Balances Rs. Credit Balances Rs. Stock (112001) Sales returns Purchases Freight and carriage Rate, Rent etc. Salaries and wages Sundry debtors Bank Interest Printing and

MAT115
if the electricity bill increased from $10,000 to $13,000 in a year, to the nearest whole percent, what was the rate of increase? I need to see how to work this one. I divided 3,000 by 10,000 and got.3 What is that in percent and is this even the right

business
how is human information system maintainede at a reserve bank?

business
. George Wilkins checked the spreadsheet where he keeps track of his assets and liabilities. He discovered that (i) he owes $80,000 on his house, which he believes to be worth $150,000; (ii) his car is worth $20,000, against which there is $2,000 on the

payroll accounting
4. First Case Manufacturing Company has annual payroll of $100,000. Voluntary contribution are allowed in the State where this company does business. Total unemployment taxes paid into the State’s unemployment fund amounts to $24,000. Cumulative

economics
where will i be able to find the % of bank reserve ratio required by banks for each country? all i know is that in uk its 10% and USA there is no limit n the amount you need to keep

Economics
Who can raise the required reserve ratio? How does raising the required reserve ratio lead to a reduction in the money supply? do a little research then take a shot. Hint: find "money multiplier" on the web or in your text.

Chemistry
Income tax for some states is computed by taking 3% of the excess income over $3,000 plus 1% of the first $3,000. How much tax is charged on a income of $12,000? 12,000 1 percent on first 3000 3 percent of (12,000  3000) I'm trying to figure the

math
For each speed, find how much time it will take the students to reach these cities on their route: 1. Atlantic City, New Jersey, about 320 miles from Norfolk. 2. Baltimore, Maryland, about 3/4 of the way from Norfolk to Atlantic.

math
its a challenge question. For each speed, find how much time it will take the students to reach these cities on their route: 1. Atlantic City, New Jersey, about 320 miles from Norfolk. 2. Baltimore, Maryland, about 3/4 of the way from Norfolk to Atlantic.

Promissory notes
Bernie borrowed 8,000.00 for 180 days from lion bank. The bank discounted the note at 5% A) what proceeds does Bernie Receive? B) Calculate the effective rate to the nearest hundredth percent.

Math
If a community clinic invested $3,000 in excess cash today, what would be the value of its investment at the end of three years: a. at a 12 percent rate compounded semiannually? B. at a 12 percent rate compounded quarterly?

finance
what is the future value of $2,000 in a bank account for 6 years at 4 percent compounded bimonthly

Math
What is the percent increase in the population for all six inhabited continents from 1950  2000? 1950 2000 N.America 221,000,000 305,000,000 S.America 111,000,000 515,000,000 Europe 392,000,000 510,000,000 Africa 229,000,000 889,000,000 Oceana 12,000,000