Which of the following is the purpose of requiring banks to keep a specific percentage of their deposits on hand in the vault? a. to enable the government to calculate the bank's tax burden more easily b. to make sure customers' demands for withdrawals can be met instantly c. to ensure that banks have enough money to loan to potential customers d. to prevent growth of the money supply from stagnating 2b2t

Bear, inc. estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter over the year. they have, and desire, a 25% ending inventory of finished goods. each unit sells for $35. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. the remainder is received in the quarter following sale. cash collections for the third quarter are budgeted at

Ail industries uses activity-based costing to assist management in setting prices for the company's three major product lines. the following information is available: activity cost pool estimated overhead expected use of cost driver per activity cutting $1,000,000 25,000 labor hours stitching 8,000,000 320,000 machine hours inspections 2,800,000 160,000 labor hours packing 960,000 64,000 finished goods units compute the activity-based overhead rates. (round answers to 2 decimal places, e. g. 12.25.)

What is a sort of auction for stocks in which traders verbally submit their offers?