Some of the reasons why the budgeted balance sheet must be prepared are: It could disclose some unfavorable financial conditions that management might want to avoid.
Is a budget and balance sheet the same?Estimate the budget and formulate the budget at the beginning of each year to serve as a monitoring tool, while the balance is at the end of each year to know what the balance has achieved from state revenues, to be compared with the budget objectives.Public officials know that if bank loans freeze, the result could be bad for the economy, which can lead to a global financial crisis and a reduction in corporate balance sheets.When business commentators talk about a balance sheet that is contracted, they refer to an organization that has fewer assets than debts, a mark of insolvency and mediocre financial management. In addition to assets and debts, a statement of financial position, the other name for a balance sheet, shows assets as varied as additional paid capital, common stock and accumulated profits.
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Assume that the won is the subsidiary's functional currency. What balances does a consolidated balance sheet report as of December 31, 2017?
a) Marketable equity securities = $79,000 and inventory = $76,000
b) Marketable equity securities = $76,000 and inventory = $76,000
c) Marketable equity securities= $79,000 and inventory = $79,000
d) Marketable equity securities = $77,000 and inventory = $77,000
Option (a) reports marketable equity securities as $79,000 and inventory as $76,000. The consolidated balance sheet as of December 31, 2017, would report marketable equity securities with a value of $79,000 and inventory with a value of $76,000.
In a consolidated balance sheet, the financial information of a subsidiary is combined with that of the parent company. When the won is considered the subsidiary's functional currency, the balances are translated into the reporting currency, which in this case is likely the parent company's currency. Option (a) reports marketable equity securities as $79,000 and inventory as $76,000. Since these values are different from each other, only option (a) can be the correct answer. The values presented in option (a) reflect the balances of marketable equity securities and inventory after translating them into the reporting currency. Therefore, the consolidated balance sheet as of December 31, 2017, would report marketable equity securities with a value of $79,000 and inventory with a value of $76,000.
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5 merit goods and their functions they serve for you
Answer:
A merit good is a good which when consumed provides external benefits, although these may not be fully recognised – hence the good is under-consumed. Examples include education and healthcare. As can be seen, when a merit good is consumed it generates positive externalities.
The market for merit goods is an example of an incomplete market. Merit goods have two basic characteristics: Firstly, unlike a private good, the net private benefit to the consumer is not fully recognised at the time of consumption.
Merit goods are included education, welfare services, health care, housing, refuse collection fire protection, and public parks.
What is Merit good?
In distinction to pristine public goods, merit goods could be, and are, delivered through the market, but not necessarily insufficient excesses to maximize social interest.
A merit good is good that when consumed supplies external benefits, although these may not be fully recognized.
Therefore, the good is under-consumed. Illustrations contain education and healthcare. As can be glimpsed, when merit good is consumed it provokes positive externalities.
The market for merit goods is an illustration of an insufficient market. Merit goods have two basic characteristics: Firstly, unlike a private good, the net private concession to the consumer is not completely recognized at the time of consumption.
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place rock unit events in order.
3. (Note: The surface is not a layer. It is ground-level, complete with happy little trees.) \( \mathrm{A} 3 \) Homework \( - \) Unanswered Place the rock units events in order from oldest on bottom t
To place the rock unit events in order from oldest to youngest, we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers.
1. Homework: This event is the most recent one as it is mentioned last in the given list.2. A3: This event is mentioned before Homework, suggesting that it occurred earlier than Homework.3. Unanswered: This event is mentioned before A3, indicating that it happened before A3.Therefore, the correct order from oldest to youngest is: Unanswered → A3 → Homework.we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers, the youngest rocks are on top, while the oldest rocks are at the bottom.
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As the interest rate , people demand a higher quantity of money and choose to hold bonds and other interest-earning assets.
When the interest rate increases, people tend to demand a higher quantity of money and choose to hold bonds and other interest-earning assets.
When the interest rate rises, it becomes more attractive to hold interest-earning assets such as bonds instead of money. This is because the interest rate represents the return that can be earned on these assets.
As the interest rate increases, the opportunity cost of holding money also increases. Opportunity cost refers to the value of the next best alternative that is foregone when a choice is made. In this case, the next best alternative to holding money is to invest in interest-earning assets.
For example, let's say the interest rate is 2%. If you have $1,000 and decide to hold onto it, you will earn $20 in interest over a year. However, if the interest rate increases to 5%, holding onto the money would only earn you $50. In comparison, investing in a bond or other interest-earning asset could potentially yield a higher return.
Therefore, when the interest rate increases, people demand a higher quantity of money and choose to hold bonds and other interest-earning assets as they offer the opportunity to earn a higher return.
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You are borrowing $17,800 to buy a car. The terms of the loan call for monthly payments for 5 years at 8. 6 percent interest. What is the amount of each payment?.
The amount of each payment of car borrowing = $366.05 monthly payment .
What's a monthly loan payment?Your monthly payment is what you pay to the lender each month to refund your loan. The quantum you compensate every month depends on the terms of your mortgage loan. This includes the star, which is the factual balance on the loan, and the interest on the loan.
Given :Purchase value of car = $17,800
Loan Period = 5 years
Annual Interest rate = 8.6%
Calculating Monthly Payment of the Loan:(Using Formula);
PV = C × {1-[1/(1+r)t]}/r
$17,800 = Monthly Payment × {1-[1 ÷(1+0.086/12)⁵ˣ¹²]} ÷ 0.086
$17,800 = Monthly Payment × {1-[1÷ (1.00716667)⁶⁰]} ÷ 0.00716667
$17,800 = Monthly Payment × {1-0.651507293} ÷ 0.00716667
$17,800 = Monthly Payment × [0.348492707 ÷ 0.00716667]
$17,800 = Monthly Payment × 48.6268667
Monthly Payment × $48.6268667 = $17,800
Monthly Payment = [$17,800 / $48.6268667]
Monthly Payment = $366.05
Interest payment :
Interest is payment from a borrower or deposit- taking fiscal institution to a lender or depositor of an quantum above prepayment of the top sum, at a particular rate. It's distinct from a figure which the borrower may pay the lender or some third party. Interest is defined as the quantum of plutocrat paid for the use of someone differently plutocrat. An illustration of interest is the$ 20 that was earned this time on your savings regard. An illustration of interest is the$ 2000 you paid in interest this time on your home loan.
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According to household products and personal-care company Seventh Generation, corporate responsibility is in its DNA as it considers the effects of its actions on the next seven generations. It strives to limit the effect of all aspects of its products on the environment from development to their production, purchase, use, and disposal. Visit the company’s website at www.seventhgeneration.com. Then answer the following questions:
a.What is the social mission of Seventh Generation?
b.What are Seventh Generation’s four sustainability goals?
c.How is Seventh Generation involved in improving the Vermont community?
d.How does Seventh Generation communicate the company’s social mission to its customers?
a. Seventh Generation's social mission is to have a positive impact on the environment by considering the effects of its actions on future generations. b. The company aims to limit the environmental impact of its products throughout their lifecycle. c. It is also involved in improving the Vermont community. d. Seventh Generation communicates its social mission to customers through various channels.
a. The social mission of Seventh Generation is to have a positive impact on the planet and future generations. The company strives to limit the environmental impact of its products by considering their effects on the next seven generations. It focuses on sustainability, transparency, and responsible practices in all aspects of its business.
b. Seventh Generation has four sustainability goals: (1) transforming ingredients by using plant-based materials instead of synthetic chemicals, (2) reducing carbon emissions by transitioning to renewable energy sources and minimizing greenhouse gas emissions, (3) conserving water through responsible water management practices, and (4) eliminating waste by promoting recycling, reducing packaging materials, and striving for zero waste.
c. Seventh Generation is actively involved in improving the Vermont community. The company supports local organizations, partners with community groups, and works towards sustainable development in the state. It promotes initiatives related to clean water, climate change, and social equity, among other issues.
d. Seventh Generation communicates its social mission to customers through its website, where it provides detailed information about its sustainable practices, goals, and initiatives. The company also utilizes social media platforms to engage with customers and share updates on its environmental efforts. Additionally, Seventh Generation uses product packaging and labeling to highlight its commitment to sustainability and provide consumers with information about the environmental attributes of its products.
Through these channels, Seventh Generation aims to educate and inspire customers, creating awareness about the importance of sustainable choices and the company's dedication to making a positive impact on the environment and future generations.
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Which is an example of E-commerce? A. Hot dog stand B. Cable company C. Online boutique D. Car wash
An example of an E-commerce is an online boutique.
What is E-commerce?
E-commerce is a business that exists online. For example, if a person establishes sells items on a website or on a social media platform, the person is operating an e-commerce. An example of an e-commerce business is ASOS.
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A freelancer’s pay may vary from year to year.
True
False
Answer:
True, it can be the same
What role does the Federal Election Commission have in enforcing campaign finance laws?
The Federal Election Commission limits and regulates public funding for presidential elections, as well as upholds federal campaign finance regulations, which include monitoring donation bans.
It is the responsibility of the independent American regulatory organization known as the Federal Election Commission (FEC) to preserve the laws governing campaign financing during federal elections. According to the Federal Election Campaign Commission's mission statement, it is responsible for "disclosing campaign finance information, enforcing the law's provisions, such as contribution restrictions and limits, and controlling how presidential elections are funded by the public." In 1974, changes to the Federal Election Campaign Act led to the creation of the Federal Election Campaign Commission. With the exception of May 2020 to July 2020, the commission was unable to work from late August 2019 to December 2020 due to a quorum issue. The panel was unable to vote on complaints or provide advisory opinions since there was no quorum present.
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Why are ethics important in the workplace?
Answer:
Ethics is important in a workplace because :
a) It creates a positive and safe work environment.
b) It helps to instill professional behavior in employees
c) It helps to maintain orderliness in an organization and prevents chaos from happening.
d) It prevents discrimination or favouritism in organizations.
e) Workplace Ethics ensures that all employees are treated fairly.
f) Workplace Ethics improves the relationships of employees with one another and this lead to the development of team work amongst employees.
Explanation:
Ethics at a workplace or Workplace Ethics can be defined as the standards or regulations that are put in place by a firm or organisation that helps to guide the behavior or attitude of employees at work such that safe work ambience is created and employees relate in a professional manner to one another.
Examples of Workplace Ethics are:
a) Punctuality
b) Honesty
c) Loyalty
d) Productivity
e) Dependability
Ethics at the workplace in important because:
a) It creates a positive and safe work environment.
b) It helps to instill professional behavior in employees
c) It helps to maintain orderliness in an organization and prevents chaos from happening.
d) It prevents discrimination or favouritism in organizations.
e) Workplace Ethics ensures that all employees are treated fairly.
f) Workplace Ethics improves the relationships of employees with one another and this lead to the development of team work amongst employees.
Answer: professional organizations
Explanation: took the test (:
Random variations represent either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes and income shifts.
Answer:
FALSE
Explanation:
THIS IS THE COMPLETE QUESTION
Trends representing either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes, and income shifts are a component of a time series called "Random Variations"
Random Variation can be regarded as
tendency of an estimated size/ value of a parameter to undergo deviation randomly away from the real/ true magnitude/ value of the parameter.
The preferred method for situations involving strategic decision making, projects with a high degree of uncertainty, and projects with an unstable scope is the
The preferred method for situations involving strategic decision making, projects with a high degree of uncertainty, and projects with an unstable scope is the agile methodology. This methodology is based on flexibility, continuous improvement, and close collaboration between the project team and stakeholders.
Agile methodology emphasizes delivering value to customers through working software or product increments, rather than focusing on detailed plans and documentation. The project team works in short iterations or sprints, adapting to changing requirements and feedback from stakeholders. This approach allows for rapid response to changing market conditions or customer needs, making it ideal for strategic decision making. Agile methodology also allows for experimentation and learning, making it suitable for projects with a high degree of uncertainty.
The iterative approach allows the project team to test assumptions and validate ideas through feedback from customers, reducing the risk of failure. Finally, agile methodology accommodates projects with an unstable scope by allowing for changes in requirements throughout the project lifecycle. The project team can adapt to changing needs and priorities without disrupting the project's overall goals.
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what are two internal governance mechanisms put in place to align principal and agent incentives? (check all that apply.)
Strategic control and reward systems are two internal governance mechanisms put in place to align principal and agent incentives.
An agent, in legal terminology, is a person who has been legally empowered to act on behalf of every other individual or an entity. An agent can be employed to represent a consumer in negotiations and different dealings with 0.33 parties.
Section 182 of the Indian Contract Act defines the time period Agent and fundamental, as consistent with which, Agent is the character appointed by using every other individual to represent in dealings or any sort of professional paintings with a third celebration. The essential is the person who appoints the agent to represent him.
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High school students may include coursework in the education section of a résumé if it is relevant to the job opening. True or False
Answer:
the answer is true
Explanation:
Answer:
True
Explanation:
when selecting a proxy variable to represent market data that is not readily available, researchers should select a data series that is highly with the variable of interest.
Researchers should choose a data series that is correlated with the variable of interest when choosing a proxy variable to reflect market data that is not easily accessible.
We are seeking for anything that is appropriate or difficult to measure using the correlated variable but is simple to measure elsewhere. We should ideally employ statistical methods if both variables are observable to assess the association. Most of the time, we are unable to afford this luxury; as a result, we employ a proxy.
On certain topics, like wealth in the US, we occasionally correlated lack knowledge. In some areas of the United States, residential dwelling values that can be used to estimate their values in real time, for instance on Zillow.com, could be an asset representative. It may be better than nothing even though the links are not flawless.
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PLZ ANSWER ASAP!
Imagine you are on the other side of the playing field and you are the one interviewing someone for a job at your company. What are the top three things that you would look for or hope to hear the interviewee say? Why?
Which of the following scenarios describes an advantage of a global economy?
A car company makes its products in a country known for high manufacturing requirements.
A lightbulb company expands to a country where potential workers all have the same educational background.
An electronics company manufactures products in a country where the materials cost is high.
A toothpaste company expands to another country where there is a lot of competition for jobs.
https://www.nap.edu/read/1806/chapter/7
Which of the following is an example of a civil engineer demonstrating problem sensitivity? (Select all that apply.)
1 Anne notices that the construction company isn't properly following the specified layout for emergency exits.
2 Lewis resolved the conflict between the construction company and the client with his usual tact and diplomacy Nick had to leave his last firm because he felt the environment there was too hostile and he couldn't deal with it.
3 Michiko reviews the latest spec changes from the architect on her project and realizes that a simple color change is going to require reordering massive amounts of tile and slow construction to a halt
Answer:
1. Anne notices that the construction company isn't properly following the specified layout for emergency exits
3. Michiko reviews the latest spec changes from the architect on her project and realizes that a simple color change is going to require reordering massive amounts of tile and slow constriction to a halt
Explanation:
Problem sensitivity simply means the ability for someone to be able to know that something is wrong with a particular thing. In this case, the civil engineer demonstrating problem sensitivity include:
1. Anne notices that the construction company isn't properly following the specified layout for emergency exits
3. Michiko reviews the latest spec changes from the architect on her project and realizes that a simple color change is going to require reordering massive amounts of tile and slow constriction to a halt .
In both cases, they detected what was wrong and could hinder what they were doing or can cause a problem later.
Problem sensitivity simply means the ability for someone to be able to know that something is wrong with a particular thing.
which would be considered the initial step in improving wellness through lifestyle management? select a target behavior. ask your family for assistance. evaluate your current habits. seek guidance and assistance from local programs.
The initial step in improving wellness through lifestyle management would be to evaluate your current habits. Here option C is the correct answer.
Improving wellness through lifestyle management requires a comprehensive approach that involves understanding and changing habits related to nutrition, physical activity, stress management, and other lifestyle factors that contribute to overall health.
Evaluating one's current habits is the first step in this process. It involves reflecting on current behaviors, identifying areas for improvement, and setting realistic goals for change. This step provides a baseline for tracking progress and making adjustments as needed.
Once a person has evaluated their current habits, they can then select a target behavior to focus on and seek guidance and assistance from local programs and healthcare providers, if needed. Asking for help from family members and loved ones can also be an important part of the process.
Complete question:
Which would be considered the initial step in improving wellness through lifestyle management?
A - select a target behavior.
B - ask your family for assistance.
C - evaluate your current habits.
D - seek guidance and assistance from local programs.
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the lower of cost and net realizable value method for inventory was developed to: multiple choice avoid reporting inventory at an amount that exceeds the benefits it provides. prevent the company from selling inventory to customers who are not likely to pay. prevent the company from selling the inventory below its original cost. provide an alternative to the fifo, lifo, and weighted-average methods.
The correct answer is: avoid reporting inventory at an amount that exceeds the benefits it provides .The correct Option
The lower of cost and net realizable value (LCNRV) method is a way of valuing inventory that is designed to prevent overstatement of inventory values on the balance sheet.
The purpose of this method is to ensure that inventory is not reported at an amount that exceeds the benefits it provides. If inventory is reported at a value that is higher than its net realizable value, it can lead to overstated profits and misleading financial statements.
The other answer choices are not accurate descriptions of the purpose of the LCNRV method. The method is not intended to prevent the company from selling inventory to customers who are not likely to pay or to prevent the company from selling the inventory below its original cost. Additionally, the LCNRV method is not an alternative to the FIFO, LIFO, and weighted-average methods, but rather a way of valuing inventory that can be used in conjunction with these methods.
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Donna is a senior in high school. She works part-time at the local hospital as a nurse’s aide. She enjoys her job and hopes to continue working in the health care fi eld after graduation. Donna does well in school, especially in math and science. However, she fi nds more satisfaction in working with people at the hospital and helping others. Donna would like to become a nurse. Donna cannot afford to spend a lot of time and money on her education beyond high school. If she continues her education, Donna needs to keep working, too. What do you think Donna should do?
Answer:
apply for a scholarship, go to a community college, check out available financing options for colleges
Explanation:
Brandy works in a laboratory. She performs experiments to develop new methods of food production and processing.
Her job is best described as a(n):
Clarence is an independent worker who offers his pervices to many different farms. He teaches farmers how to run their farms more efficiently and safely. Clarence's job is best described as a(n):
Leon hires and manages workers who handpick oranges and other fruits on farms. He trains and oversees the
workers. Leon's job is best described as a(n):
The choice are:
Buyer or Purchasing Agent, Farm Labor Contractor, Food Scientist, Farm Management Adviser
Answer:
1) Food scientist
2) Farm management advisor
3) Farm labor contractor
Explanation:
Why is it easier to get a loan if you already have money?
Answer:
Because a bank will think that someone with money will have better chances at repaying them, then someone who doesn't have any money.
true or falsebon june 1, year 2, carolina company collected a $24,000 note receivable that had been issued on june 1, year 1. the note carried a 6% interest rate. on june 1, year 2, the company will recognize interest revenue in the amount of $1,440.
True.
When a company collects a note receivable, it records the principal amount of the note as cash received and the interest earned on the note as interest revenue. In this case, Carolina Company collected a $24,000 note receivable on June 1, Year 2, that had been issued on June 1, Year 1, with a 6% interest rate. This means that the company earned interest on the note for one year, or 12 months.
To calculate the interest revenue earned, we can use the formula: Interest = Principal x Rate x Time.
In this case, the principal is $24,000, the rate is 6%, and the time is 12 months.
Interest = $24,000 x 6% x 12/12 = $1,440
Therefore, the company will recognize interest revenue in the amount of $1,440 on June 1, Year 2.
To summarize, Carolina Company's collection of the note receivable on June 1, Year 2, resulted in the recognition of both the principal amount as cash received and the interest earned on the note as interest revenue.
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Why is the illinois central railroad company selling these acres of prairie farmland?
If a mine runs dry or production stops, the railroads that were built specifically for it or other economic or logistical locations are abandoned.
Why is it considered a "company"?A corporation is referred to as a company since its workers want to produce value. English English verb "to produce" derives from the Latin produco, which meaning to lead forth in the bring forward. The word "business" has its roots in the Old French concept of compaignie, meaning companionship. The term "business" first arose in Old English, which mixes busy and -ness.
What does a company mean?People can lawfully form a company as a group to conduct business and manage a commercial or manufacturing activity.According on the corporate structure, a company may be structured in a range of ways for tax and potential obligation purposes.
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when does the insured stop making payments under a thirty-payment whole life policy?
Under a thirty-payment whole life policy, the insured typically stops making payments after completing the thirty payments. This type of policy is designed to provide coverage for the insured's entire life, and the premium payments are spread over a period of thirty years.
Once the insured has made the required number of payments, they are considered to have fully paid for the policy and will no longer need to make any further payments. However, the policy will remain in force as long as the premiums have been paid up to the end of the thirty-year period. After that, the policy will continue to provide coverage without requiring any further premium payments. It's important to note that the terms of the policy may vary depending on the insurer, so it's always advisable to carefully review the policy documents to fully understand the payment terms and conditions.
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What types of information does a W-2 form contain? Check all that apply
Answer:
Normally "check all that apply" is followed by answers to check...
Explanation:
A W-2 is a Tax statement
if the government decreases its purchases by $100 million, the aggregate demand curve will shift to the
If the government decreases its purchases by $100 million, the aggregate demand curve will shift to the left. This is because government purchases are one of the components of aggregate demand, which represents the total spending in the economy.
When the government reduces its purchases, it effectively decreases its expenditure in the economy. This leads to a decrease in the overall demand for goods and services. As a result, the aggregate demand curve shifts to the left, indicating a lower level of total spending at each price level.
The shift in the aggregate demand curve to the left reflects a decrease in the overall demand for goods and services in the economy. This can have several effects. First, it may lead to a decrease in production and output as businesses receive fewer orders and demand for their products decreases. Second, it can lead to lower employment levels as firms may need to reduce their workforce to adjust to the lower demand. Finally, it can also put downward pressure on prices as businesses may need to lower their prices to stimulate demand.
Overall, a decrease in government purchases reduces aggregate demand and can have significant implications for economic activity, employment, and price levels.
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Which is not an expense account?
Repairs
Advertising
Rent
Interest
Accrued
The answer option which is not an example of an expense account is: E. Accrued.
What is an expense account?An expense account can be defined as a type of account that include an amount of money (funds) that are paid to an employee by an employer of labor, so as to enable the employee spend the fund on things related to his or her job.
In Business management, some examples of an expense account include the following:
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the federal deposit insurance corporation (fdic) insures each _____ up to a stated maximum dollar amount at any given financial institution.
The Federal Deposit Insurance Corporation (FDIC) insures each depositor up to a stated maximum dollar amount at any given financial institution.
The Federal Deposit Insurance Corporation serves as one of two agencies in the United States that provide deposit insurance to depositors in depository institutions.
The Federal Deposit Insurance Corporation (FDIC) insures each depositor at each financial institution up to a specified maximum dollar amount. The Federal Deposit Insurance Corporation insures money market deposit accounts (FDIC). For each account ownership category, the standard deposit insurance amount is $250,000 per depositor, per insured bank.
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