An FI Has $5 Million in Cash Reserves with the Fed

question 85

Multiple Choice

An FI has $5 million in cash reserves with the Fed in excess of its reserve requirements, $5 million in T-Bills, and a credit line of $10 million to borrow in the repo market. It currently has lent $2 million in the Fed Funds market and borrowed $1 million from the Federal discount window to meet its seasonal needs.
-What is the net liquidity of the bank?

• A)$7 million.
• B)$12 million.
• C)$17 million.
• D)$21 million.
• E)$22 million.

Recognize the treatment of manufacturing overhead costs and the differences between actual and applied overhead.

Explain the flow of costs in a manufacturing environment from raw materials to finished goods.

Understand the concept and calculation of predetermined overhead rates.

Identify and record transactions related to the purchase and use of raw materials in production.

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Definitions:

America

Commonly refers to the United States, a country consisting of 50 states, located primarily in North America.

Parental Disinterest

The lack of involvement or concern by parents in their child's education and wellbeing.

Cultural Responsiveness

An approach in which the cultural knowledge, prior experiences, frames of reference, and performance styles of ethnically diverse students are recognized and utilized to make learning more relevant and effective.

Dominant Cultural Perspective

The viewpoint of the majority or prevailing culture in a society, which often sets norms and standards that marginalize other perspectives.