When a user pushes data from the local device to a remote device, the term downstream is used

Indicate whether the statement is true or false

FALSE

Business

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Bank reserves can be categorized as

A) vault cash and deposits at the Fed. B) required reserves and excess reserves. C) borrowed reserves and nonborrowed reserves. D) all of the above.

Business

Singer and McMann are partners in a business. Singer's original capital was $40,000 and McMann's was $60,000 . They agree to salaries of $12,000 and $18,000 for Singer and McMann, respectively, and 10% interest on original capital. If they agree to share remaining profits and losses on a 3:2 ratio, what will McMann‘s share of the income be if the income for the year is $30,000?

a. $20,000 b. $18,000 c. $18,600 d. $17,400

Business