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Under assets if reserves is $40, loans is $80, securities is $100, property is $200; and under liabilities and net worth , demand deposits is $200, capital stock is $120. All figures are in billions and assume that the required reserve ratio is 12.5%. Please give the answer of the following questions . 1. The maximum amount by which this commercial banking system can expand the supply of money by lending is? 2. If there is a deposit of $20 billion of new currency into checking accounts in the banking system , excess reserves will increase by?
if the liabilities of a company increased 92000 during a period of time and equity in the business decreased 30000
on january 1 2010 bartley corp. paid 800000 for 100000 shares of oak companys common stock which represents 40 of oaks
which of the following is not a characteristic or limitation of the kind of information that financial reporting by
Explain how the Sarbanes-Oxley Act affects the internal control
in december 2012 a company established its predetermined overhead rate for movies produced during year 2013 by using
Before the corporate expenses are allocated to the sales districts, what wholesale price will Krupsak pick for the Australian T-shirts and how many T-shirts will he sell? Show how you derived these numbers.
Why is it critical that source documents be easy to use and complete?
Discuss whether Fred is a resident of Australia for taxation purposes. Explain why the receipts in Egerton-Warburton & Ors v DFC of T (1934) 51 CLR 568 were assessable, but the receipts in IRC v Ramsay (1935) 1 All ER 847 were treated as capital amou..
the lotion co. which produces and sells to wholesalers summer lotions wants to now produce winter products. it will
a car dealer acquires a used car for 14000terms fob shipping point. additional costs in obtaining andoffering the car
The purchase of a U.S. stock or bond by a foreign investor is: a. A credit item in the current account. b. A debit item in the current account. c. A credit item in the capital account. d. A debit item in the capital account.
Determine the amount of cost in the Raw Materials, Work in Process, and Finished Goods inventory accounts as the date of the tornado touchdown.
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