Scenario 29-1. the monetary policy of namdian is determined by the namdian central bank. the local currency is the dia. namdian banks collectively hold 100 million dias of required reserves, 25 million dias of excess reserves, 250 million dias of namdian treasury bonds, and their customers hold 1,000 million dias of deposits. namdians prefer to use only demand deposits and so the money supply consists of demand deposits. refer to scenario 29-1. assuming the only other item namdian banks have on their balance sheets is loans, what is the value of existing loans made by namdian banks? a. 625 million dias b. 875 million dias c. 1,125 million dias d. none of the above is correct.

The following selected circumstances relate to pending lawsuits for erismus, inc. erismus’s fiscal year ends on december 31. financial statements are issued in march 2019. erismus prepares its financial statements according to u.s. gaap. required: indicate the amount erismus would record as an asset, liability, or not accrued in the following circumstances. 1. erismus is defending against a lawsuit. erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $1,000,000. 2. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages could fall anywhere in the range of $2,000,000 to $4,000,000, with any damage in that range equally likely. 3. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages will eventually be $5,000,000, with a present value of $3,500,000. 4. erismus is a plaintiff in a lawsuit. erismus's management believes it is probable that the company eventually will prevail in court, and that if it prevails, the judgment will be $1,000,000. 5. erismus is a plaintiff in a lawsuit. erismus’s management believes it is virtually certain that the company eventually will prevail in court, and that if it prevails, the judgment will be $500,000.