Home / Questions / Couchs Barbecue has a monthly ledger balance of $100000 and deposit float of $30000 The Fi...
Couch’s Barbecue has a monthly ledger balance of $100,000 and deposit float of $30,000. The First Bank of Jonesboro pays Couch’s an earnings credit rate of 0.50%. The reserve requirement ratio is 10%. Couch’s monthly service charges equal $285.
a. Calculate Couch’s earnings credit.
b. How much will the bank debit from Couch’s account (for the monthly service charges)?
c. What collected balance is required to ensure that Couch’s service charges are offset by the earnings credit?
d. Using the original assumptions, what ECR would allow Couch’s service charges to be offset by the earnings credit? Does your answer seem likely?
Apr 10 2020 View more View Less
Halen Oil Company adopts the full cost accounting. The company acquired shooting rights to 1,000 acres (Lease A), paying $15,000. The company should have the journal entr...
Aug 11 2020What are the different types of errors, and what are some of the ways we can design our system to provide clear error messages and feedback to the user? What happens i...
May 28 2018What is multisource appraisal? Why are some organizations using this approach to performance appraisal?4.Describe several types of rater error that can undermine the perf...
Dec 13 2019Redesign the CaesarCipher class as a subclass of the SubstitutionCipher from the previous problem.2. Design a RandomCipher class as a subclass of the SubstitutionCipher ...
Jun 13 2020Not yet answered When the price of coffee decreases 5%, quantity demanded increases 5%. The price elasticity of demand for coffee is and total revenue from coffee sales w...
Apr 05 2021The information in the table show the total demand for premium-channel digital cable TV subscriptions in a small urban market. Assume that each digital cable TV operator ...
Jun 07 2018The current through a 1500-pF capacitor is shown in Figure P6–8. Given that vC(0) = −5 V, at what time will the voltage vC(t) first reach 50 V.
Jun 15 2020for an ideal otto engine with 17% clearance and an initial pressure of 93.08 kpa, determine the pressure at the end of compression using air-standard (k=1.4). If the pres...
Mar 30 2020Busy individuals and business travellers have two choices when it comes to air travel: booking a flight on a commercial airline or chartering a private jet. Neither of th...
Aug 24 2020The interest rate on which cash payments to bondholders are based is the:A) market rate.B) discount rate.C) stated rate.D) amortization rate.19) Which of the following de...
Dec 19 2019