Let's suppose that a bank has $700 million in total deposits. This bank is subject to a 20% required reserve ratio and has $120 million in
reserves. Which of the following statements is correct?
A. The bank has insufficient reserves. It needs an additional $560 million to meet the reserve requirement.
B. The bank has $116 million in excess reserves.
C. The bank has insufficient reserves. It needs an additional $20 million to meet the reserve requirement.
D. The bank has no excess reserves.
E. The bank has $24 million in excess reserves.

Prepare beneish corporation's income statement and statement of stockholders' equity for year-end december 31, and its balance sheet as of december 31. there were no stock issuances or repurchases during the year. (do not use negative signs with your answers unless otherwise noted.)

8. problems and applications q8there are four consumers willing to pay the following amounts for haircuts, and there are four haircutting businesses with the following costs: consumers' willingness to payyvette: $35cho: $15sean: $45bob: $25firms' costsfirm a: $40firm b: $20firm c: $10firm d: $30each firm has the capacity to produce only one haircut.for should be given.which businesses should cut hair? check all that apply.firm afirm bfirm cfirm dwhich consumers should have their hair cut? check all that apply.bobchoseanyvettethe maximum possible total surplus is

Present values. the 2-year discount factor is .92. what is the present value of $1 to be received in year 2? what is the present value of $2,000? (lo5-2)