1. suppose that jp morgan chase sells a $100 million treasury bill to the us federal reserve.

a. show the immediate impact of this transaction on the balance sheet of the fed and on the balance sheet of jp morgan chase. note: write out your answer in terms of the change in the balance sheet due to this transaction, as discussed in class.
b. assume that before selling the t-bill, jp morgan chase had no excess reserves. suppose that the required reserve ratio is 20%. also assume that jp morgan chase makes the maximum loan it can from the funds acquired by selling the t-bills. show the effect of this transaction by listing the change in the balance sheet. note that you are now looking at the change in the balance sheet after the loan has been made.
c. now suppose that whoever took out the loan in part b) writes a check for this amount and that the person receiving the check deposits it in wells fargo bank. show the effect of these transactions on the balance sheets of jp morgan chase and wells fargo after the check has been cleared.

Data pertaining to the current position of forte company are as follows: cash $437,500 marketable securities 170,000 accounts and notes receivable (net) 320,000 inventories 700,000 prepaid expenses 42,000 accounts payable 240,000 notes payable (short-term) 250,000 accrued expenses 310,000 required: 1. compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. round ratios to one decimal place. 2. compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns of the table provided. consider each transaction separately and assume that only that transaction affects the data given. round to one decimal place. a. sold marketable securities at no gain or loss, 75,000. b. paid accounts payable, 135,000. c. purchased goods on account, 100,000. d. paid notes payable, 105,000. e. declared a cash dividend, 125,000. f. declared a common stock dividend on common stock, 45,000. g. borrowed cash from bank on a long-term note, 205,000. h. received cash on account, 130,000. i. issued additional shares of stock for cash, 635,000. j. paid cash for prepaid expenses, 15,000.

Acountry made education free in mandatory up to age 15. it is established 100 new schools to educate kids across the country. as a result, citizens acquired the _ required to work. the school's generated _ for teachers and other staff. in 20 years, to countryside rapid _ and its gdp.

Upon completion of the northwest-corner rule, which source-destination cell is guaranteed to be occupied? a. top-leftb. the cell with the lowest shipping costc. bottom-leftd. top-righte. bottom-right