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The Friendly National Bank holds $50 million in reserves atits Federal Reserve District Bank. The required reserves ratio is12 percent.
a. If the bank has $600 million in deposits, what amount ofvault cash would be needed for the bank to be in compliancewith the required reserves ratio?
b. If the bank holds $10 million in vault cash, determine the required reserves ratio that would be needed for the bank toavoid a reserves deficit.
c. If the Friendly National Bank experiences a required reserves deficit, what actions can it take to be in compliance with the existing required reserves ratio?
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The liquidator's remuneration was agreed at $2 % on the amount realized (including cash) and 2% on the amount paid to the unsecured credito$ You are required to prepare the liquidator's final statement of account.
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The managers of Merton Medical Clinic are analyzing a proposed project. The projects most likely NPV is $120,000, but, as evidenced by the following Net Present Value distribution,
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Please write about the international financial manager of Samsung. This is the individual who is in charge of international financial management at your corporation.
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