subject
Business, 01.04.2020 04:57 jay1041

At the close of business Main Street Bank did not have the required funds needed for its reserve requirement. The president of Main Street Bank called a neighboring bank and asked to borrow money overnight. The lending bank agreed, but charged Main Street Bank the:

A few days later Main Street Bank found that it again needed to call the neighboring bank and asked to borrow money overnight. This time the lending bank declined. Main Street Bank then contacted the fed who agreed to lend them the needed fund but charged the Main street Bank:

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 03:20, nakeytrag
The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out
Answers: 1
image
Business, 22.06.2019 10:30, natajaeecarr
Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?
Answers: 2
image
Business, 22.06.2019 22:00, tynyiaawrightt
Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases. b. the equilibrium wage increases and the equilibrium quantity of labor decreases. c. the equilibrium wage decreases and the equilibrium quantity of labor increases. d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.
Answers: 2
image
Business, 23.06.2019 01:40, Dede6308
Which of the following statements is incorrect? select one: a. personal creditors have first claim on partnership assets. b. partnerships are subject to dual taxation. c. no law requires partners to create a written partnership agreement, but it's smart to do so. d. partnership has limited life and unlimited liability.
Answers: 3
You know the right answer?
At the close of business Main Street Bank did not have the required funds needed for its reserve req...

Questions in other subjects:

Konu
Mathematics, 03.02.2021 01:00
Konu
Mathematics, 03.02.2021 01:00
Konu
Mathematics, 03.02.2021 01:00
Konu
Geography, 03.02.2021 01:00