If the Fed decreases the reserve requirement, banks will have less money to lend
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: If the Fed decreases the reserve requirement, banks will have more money to lend to their customers.
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On January 1, 2018, Como Company purchased 45% of the outstanding common shares of the Lite Company for $200,000. The net assets of Lite Company totaled $400,000. The inventory had a book value of $100,000 and a fair value of $120,000. Excess cost attributable to inventory is written off in 2018. During 2018, Lite Company earned $200,000 and declared a dividend of $40,000 for the year.The fair value of the Lite stock investment at the end of 2018 was $210,000. Which of the following amounts are correct assuming that Como elected to use the fair value option to account for the Lite investment?2018 December 31, 2018 Income carrying value
A. $91,000 $273,000 B. $18,000 $210,000 C. $28,000 $210,000 D. $81,000 $263,000
Which of the following is not identified by Porter as one of the five forces that explains competition in an industry?
A) threat of new entrants B) threat of substitute products or services C) bargaining power of suppliers D) bargaining power of competitors E) the competitive rivalry among current members
________ refers to a sample of respondents who have agreed to provide information at specified intervals over an extended period
A) Experiment B) Survey C) Panel D) None of the above
Discuss briefly the state of business ethics in recent times, including 2012, the "summer of shame."
What will be an ideal response?