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

Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%