Suppose that the fed requires banks to hold 10 percent of their deposits as reserves. a bank has $20,000 of excess reserves and then sells the fed a treasury bill for $9,000. how much does this bank now have to lend out if it decides to hold only required reserves?

At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)