Suppose a bank's balance sheet is as follows and banks are required to hold reserves equal to 20 percent of deposits: assets liabilities reserves $2,700 deposits $7,20 a. does the bank hold excess reserves? if so, how much? b. can this bank lend more? if so, how much?

Carver company produces a product which sells for $30. variable manufacturing costs are $15 per unit. fixed manufacturing costs are $5 per unit based on the current level of activity, and fixed selling and administrative costs are $4 per unit. a selling commission of 10% of the selling price is paid on each unit sold. the contribution margin per unit is:

Grace period is a period of time before the credit card company starts charging late fees.truefalse

Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance