Why does a bank sometimes hold excess reserves?

a) to keep from lending too much money

b) to be sure it can meet its customers' demands

c) to make check clearing easier

d) to protect against high prices

If domestic residents of France purchase 1.2 trillion euros of foreign assets and foreigners purchase 1.5 trillion euros of French assets, then France's net capital outflow is a ...3 trillion euros, so it must have a trade deficit. b ...

At the beginning of the current year, Sandy Brewer had a zero basis in her 38 shares of stock in Lindlee, an S corporation, a zero basis in a $5,000 note from Lindlee, and a $7,400 carryforward of a prior year ordinary loss from Lindlee that she was

Named in honor of the late Dr. F. C. "Phog" Allen, the Kansas Jayhawks' head coach for 39 years, Allen Fieldhouse is labeled by many as one of the best places in America to watch a college basketball game.

Which of the following is true of small business owners? a. the work business owners do requires little physical stamina. b. the business owner starts with a business plan. c. the business owner need to know little about management and finance. d.

Economics is the study of

Ed moura has 60000 invested in stocks paying 7%. how much additional money should he invest in certificates of deposit paying 3% so that the average retrun on the two investments is 4%.

On January 1, Whispering Winds Corp. had 90,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per share. During the year, the following occurred. Apr.

On a 3-day fishing trip, 4 adults consumed food costing $60. for the same costs per person per day, what would be the cost of food consumed by 7 adults during a 5-day fishing trip?

Mona and her friends Jack and Bobby, all United States citizens, want to open a nail salon in Tennessee. They would all like to avoid personal liability for debts of the business and for wrongful acts of each other.

Determine the amount of tax liability in the following situations. In all cases, the taxpayer is using the filing status of married filing jointly.