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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?
Accounting Homework: Explain in general terms the accounting treatment to changes in terms of existing loans. What should be the accounting treatment of the modification to Blueberry's note?
Goofy reclassified this investment as trading securities in December of 2011 when the market value had risen to $156,000. What effect on 2011 income should be reported by Goofy for the Crazy Co. shares?
the robinson corporation has 53 million of bonds outstanding that were issued at a coupon rate of 7 12 percent seven
jbc corporation is owned 20 percent by john 30 percent by brian 30 percent by charlie and 20 percent by z corporation.
on january 1 able company purchased equipment costing 202200 with an estimated salvage value of 15800 and an estimated
An individual has a $30,000 § 1245 gain, a $85,000 § 1231 gain, a $55,000 § 1231 loss, a $30,000 § 1231 lookback loss, and a $80,000 long-term capital gain. The net long-term capital gain is:
principles from the AICPA principles section of the Code of Professional Conduct Provisions
mitchell company had the following budgeted sales for the last half of last year cash salescredit
Calculate controlling interest in consolidated income
What is Jose's cost basis for the delivery van - Jose purchased a delivery van for his business through an online auction. His winning bid for the van was $24,500.
aero inc. had the following balance sheet at december 31 2011.aero inc.balance sheetdecember 31 2011cash 23210
Show the impact of the inventory write-down on the accounting equation, and also show the journal entry that should have been recorded on December 31, 2004. Calculate (a) the Inventory balance that should have been reported on December 31, 2004, and ..
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