Exhibit 12-1 Balance Sheet BANK ABC ($ millions) Assets Liabilities Required Reserves $20 Checkable Deposits $ 100 Excess Reserves 0 Nontransaction Deps 50 Loans 100 Borrowings 5 Securities 40 Bank Capital (A) Refer to Exhibit 12-1. The required reserve ratio is a. 0.30. b. 0.10. c. 0.15. d. 0.25. e. 0.20.

2. high-glow currently produces 1,000 bicycles per month. the following per unit data apply for sales to regular customers: direct materials $50 direct manufacturing labor 5 variable manufacturing overhead 14 fixed manufacturing overhead 10 total manufacturing costs $79 the plant is experiencing demand shortage and is considering reducing production to 800 bicycles. what is the per unit cost of producing 800 bicycles? a) $79 per unit b) $81.50 per unit c) $74 per unit d) $69 per unit

What is the difference between a public and a private corporation?

Cool beans is a locally owned coffee shop that competes with two large coffee chains, planeteuro and frothies. alicia, the owner, hired two students to count the number of customers that entered each of the coffee shops to estimate what percent of people who are interested in coffee are visiting each shop. after a week, the students found the following results: 589 visited cool beans, 839 visited planeteuro, and 1,290 visited frothies. the students were surprised that cool beans had 139 visits on monday which represented 59% of all people who visited one of the three coffee shops on mondays. how many people visited one of the three coffee shops during the week?