The FDIC a. insures most bank deposits for up to $250,000. b. eliminates the need for...
The FDIC
|
a. |
insures most bank deposits for up to $250,000. |
|
|
b. |
eliminates the need for bank depositors to run to their bank when they hear bad news about the bank. |
|
|
c. |
has been credited with reducing the number of bank failures since 1933. |
|
|
d. |
All of the above are correct. |
Homework Answers
Answer: d. All of the above are correct.
The Federal Deposit Insurance Corporation (FDIC) is an independent federal agency created in 1933. The standard insurance amount is $250,000 per depositor, per insured bank. When a bank fails, the Federal Deposit Insurance Corporation (FDIC) covers the insured portion of a depositor's balance.
Add Answer to:
The FDIC
a.
insures most bank deposits for up to $250,000.
b.
eliminates the need for...
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From this cash flow see if Viggio may need to reuse the
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small businesses must create, but they are very important to help
identify if and when a firm may need a loan.
You need to do a cash flow forecast for Viggio for the
next six months
From this cash flow see if Viggio may need to reuse the
line of credit that the bank has set up for him.
If he does need to use it, how much of it...
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I did it myself already, but my numbers arent adding up.
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Edit2: Did u make a balance sheet, and then realize it didnt
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If he does need to use it, how much of it...
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