subject
Business, 30.05.2020 22:00 christianfoster17

The average daily net transaction accounts of a local bank during the most recent reserve computation period is $623 million. The amount of average daily reserves at the Fed during the reserve maintenance period is $35.76 million, and the average daily vault cash corresponding to the maintenance period is $14.01 million. Is this bank in compliance with reserve requirements?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 05:00
Ajewelry direct sales company pays its consultants based on recruiting new members. question 1 options: the company is running a pyramid scheme, which is illegal. the company is running a pyramid scheme, which is legal. the company has implemented a legal and ethical plan for growth. the company uses this method of compensation to reduce the fee for the product sample kit.
Answers: 3
question
Business, 22.06.2019 11:50
The following are the current month's balances for abc financial services, inc. before preparing the trial balance. accounts payable $ 10,000 revenue 6,000 cash 3,000 expenses 17,500 furniture 10,000 accounts receivable 14,000 common stock ? notes payable 6,500 what amount should be shown for common stock on the trial balance? a. $48.000b. $12.500c. $27.000d. $28.000
Answers: 3
question
Business, 22.06.2019 17:30
What is the sequence of events that could lead to trade surplus
Answers: 3
question
Business, 23.06.2019 07:40
If airlines do not change their prices how else might they try to compete with each other?
Answers: 3
You know the right answer?
The average daily net transaction accounts of a local bank during the most recent reserve computatio...
Questions
question
Mathematics, 22.02.2021 17:30
question
Mathematics, 22.02.2021 17:30
question
Mathematics, 22.02.2021 17:30
question
Physics, 22.02.2021 17:30
Questions on the website: 13722362