Should the minimum cash reserves be a fixed number in all circumstances?
550826
Sounds like a good idea in theory, but sometimes the reserves need to be used. Otherwise there's no point in having them.
159070
Before reading the additional details, I would have said:\n\nIn the red refers to a negative balance as far as money.  Therefore Less in the red would refer to getting closer to breaking even.\n\nHowever... I've never heard of the saying you mention.
381150
Depends on your bank. Some places allow up to 500 a day in cash, and some allow 300.
1082921
Call my friend Gary Coleman at (866) 590-CASH.  He'll put $10,000 in your checking account in less than 24 hours.  Payments, about $200.00 a month.  Even a financially challenged person such as yourself can afford that!  Make the call, get the cash!
39730
Yes it is in deep trouble. They should allow younger workes to keep the money and put it in their own savings account with the stipulation it can not be touched until they are 65. This is a simple proposal and I do not see why anyone argues with it.
493889
It largely depends on how self sufficient the country is.  When you say "enough money"  are you referring to a certain level of profit or actually referring to loss?
6244
With a $10,000 min deposit, that's about as good as it gets for now....(12/22/05). With a $500 minimum deposit, several banks are offering a 4.80% APY
933938
You know there is a minimum amount you have to invest in money market funds. Probably at least 18,000 pounds or 10,000 US
262455
Financial Institutions must file a CTR (Curreny Transaction Report) for any cash transaction over $10,000. It is required by law, to avoid this, deposit half of your cash one day and the rest on the next day or a few days later.\n\nI really don't understand your question though....I hope this helps.
953517
It indicates that the company has liquidity issues. It has only 86 cents in current assets for meeting every dollar in current liabilities. A minimum current ratio of 1 is considered a requirement.\n\ncc
389857
Here's a good reference,\n\nQuoting, \n\n"Reserve Requirements \n\nAll depository institutions -- commercial banks and thrifts -- in the United States are subject to reserve requirements on customer deposits. The required reserve ratio depends on the amount of checkable deposits a bank holds ... breakpoints were effective in December 2003, and are adjusted annually in accordance with money supply growth.  No reserves are required against time deposits or savings accounts. \n\nReserves are figured as the average held over a 14-day period, ending every second Wednesday.  On any single day, a bank needs only enough to cover its customer's withdrawals.  A bank may hold its reserves in any combination of vault cash and deposits at the Fed.  As profit-seeking enterprises, banks try to keep their reserves close to the required minimum, since they earn no interest.  \n\n... \n\nIf the aggregate demand exceeds the existing supply of non-borrowed reserves, the banking system as a whole has no alternative but to borrow more reserves from the Fed."\n\nhttp://wfhummel.cnchost.com/bankreserves.html
2638
Yes. \n\nThis is called "Critical Mass". It is the state of having enough money to live your life the way you desire for the rest of your life.\n\nThis can be a large dollar amount if you like to spend a lot of money, Donald Trump, for example, or a small one, if you are a priest, for example.\n\nEveryone's financial goal should be to save and invest to get to their own personal Critical Mass amount.
273421
A reserve is a an asset contra-account to estimate future losses from the current.  Historically, reserves could also be created by a board of directors, such as reserves for new plant construction.  That would now at most be restricted cash.  Reserves were required under the old tax code to permit earnings to be retained rather than distributed.\n\nRetained earnings are an equity account above the amount paid in.  They are earnings retained for use by the business and not distributed to shareholders.
382614
I think you would be better off putting that 20k into a 90-day CD at or around 4.5%.  Thus eliminating the chance of losing it.
840315
Yes.\n\nWhen you do inventory, you do two different type of accounts. \n\nOne is to count each item.  The second is to count each location.  The first makes sure you counted all the items.  The second makes sure you counted all the locations so you didn't miss whole blocks of items. \n\nIdeally, you shouldn't have default 0 quantity.  It should be something that is manually input.  Just because it has zero quantity doesn't mean you don't do inventory on a zero balance.  You need to check the zero balance.  \n\nThus, this is a long-winded way to say, yes, include the zero quantity default locations.  The worse thing that happens is that your inventory count doesn't change.  At best, you actually find an error and correct the count.
832451
The order of entry shouldn't matter.\n\nThe order of processing should.  Deposits should be accounted for so when the checks are run, there is money (hopefully) to cover them.
435918
The amount of cash banks have determined by three variables.  The first is required reserves.\n\nThe Required reserves of money that banks must hold in order to satisfy customer needs.  This is determined by a government agency called: The Federal Reserve or 'The Fed'.  \n\nFor example if the Fed sets the required reserve rate at 20% then banks will have to hold 20% of all deposits.  So if someone deposits $100 and the required reserve is 20% then the bank will have to hold $20 to be available for withdrawal on demand.  100 x .20 = 20\n\nThe second variable that determines how much banks hold is the: \n\nDiscount Rate [the interest at which the Fed loans banks money if they accidentally run below their required reserves] \n\nAnd the: Federal Funds rate: [the rate at which the Fed mandates that banks loan each other money]\n\nIt's profitable for banks to make loans but they don't want to fall under their required reserves otherwise they'll have to borrow money and that gets expensive.  \n\nSo when the Federal Funds Rate and the Discount rate are high they'll keep more excess reserves so their chances of accidentally falling under their required reserves are low and they won't have to borrow money.\n\nWhen the interest rate is low it's cheap to borrow money and banks don't have to worry about falling under their required reserves so much.  So they'll make more loans and have less money in their reserves.  Because if they run under their required reserve ratio because of unanticipated demand [a lot of people want to withdraw money] they can just take out a loan at a low rate and they won't lose too much profit..\n\nThe third variable is the Feds open market operations.  By buying or selling bonds the Fed can influence how much money people deposit in banks and interest rates.\n\nSo those three variables are primarily what determines how much money banks [large and small] have on hand.  Smaller banks are allowed to have a lower required reserve [they aren't required to hold as much money by law] because they don't have the vast resources of larger financial institutions.