Which of the following is true?
a. all banks are depository institutions and are autho...
Business, 20.01.2020 19:31, nightcorerules5
Which of the following is true?
a. all banks are depository institutions and are authorised by apra to carry out financial intermediation
b. all authorised depository institutions are banks.
c. all financial intermediaries are authorised depository institutions by apra to carry out financial intermediation.
d. all of the listed options are correct.
Answers: 3
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Mr. drucker uses a periodic review system to manage the inventory in his dry goods store. he likes to maintain 15 sacks of sugar on his shelves based on the annual demand figure of 225 sacks. it costs $2 to place an order for sugar and costs $1 to hold a sack in inventory for a year. mr. drucker checks inventory one day and notes that he is down to 9 sacks; how much should he order?
Answers: 1
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