Brandon borrows $100,000 from Bank A to buy a yacht from Carolyn. Carolyn will deposit that money in her bank, which is Bank B. Bank A lends the money by crediting Brandon's savings account by $100,000. After the loan is made and before that money is transferred to Bank B, the entries in Bank A's balance sheet will look like the following (all in dollars): Demand deposits Other deposits Borrowing from the Fed Borrowing from the Fed Funds market Net worth = Reserves = Treasury bonds = Loans Bank A Balance Sheet Assets Liabilities+Net Worth Uses of Funds Sources of Funds Reserves Demand Deposits $65,000 $150,000 Other Deposits $1,000,000 Treasury Bonds $85,000 Borrowing From the Fed $50,000 From Fed Funds Market $100,000 $1,350,000 | Net Worth $1,500,000 | Total Loans $200,000 Total $1,500,000 Bank B Balance Sheet Assets Liabilities+Net Worth Uses of Funds Sources of Funds $10,000 Demand Deposits Other Deposits Reserves $100,000 $940,000 $35,000 Borrowing Treasury Bonds From the Fed $0 From Fed Funds Market $30,000 $1,255,000 | Net Worth Loans $230,000 Total $1,300,000 Total $1,300,000

Hanna intends to give her granddaughter, melodee, her antique hat pin. this heirloom has been kept under lock and key in the wall vault in the library of hanna's house in virginia. the hat pin is currently the only item in the vault. when hanna is visiting melodee in connecticut, hanna gives melodee the only key to the vault. melodee is grateful for the present and excitedly accepts. in this situation has there been a completed gift?

An employer who is considering hiring eva has asked donna, eva’s former supervisor, for a report on eva. in truth, eva’s work for donna has been only average. however, eva is donna’s friend, and donna knows that eva probably will not get the job if she says anything negative about eva, and donna knows that eva desperately needs the job. further, donna knows that if the situation were reversed, she would not want eva to mention her deficiencies. nevertheless, it has been donna’s policy to reveal the deficiencies of employees when she has been asked for references by employers, and she knows that some of eva’s faults may be bothersome to this particular employer. finally, this employer has leveled with donna in the past when donna has asked for a report on people who have worked for him. should donna reveal deficiencies in eva’s past performance? (remember to use one of the three moral theories acceptable for this test to solve this dilemma. any discussion of any personal opinion, religious perspective, or theory other than the moral theories acceptable for this test will result in a score of "0" for this question.)

Brandt enterprises is considering a new project that has a cost of $1,000,000, and the cfo set up the following simple decision tree to show its three most likely scenarios. the firm could arrange with its work force and suppliers to cease operations at the end of year 1 should it choose to do so, but to obtain this abandonment option, it would have to make a payment to those parties. how much is the option to abandon worth to the firm?