If measured by the total number of organizations, the largest subsector of charitable nonprofits is the ______.
A. religious
B. health services
C. human service
D. international and foreign affairs
C. human service
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Green bank has transaction accounts worth $200 million. If the required reserve ratio is 10%, Green bank holds _____ as required reserves.
A. $220 million B. $180 million C. $60 million D. $20 million
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Indicate whether the statement is true or false.
Using the following year-end information for Calvin's Clothing, calculate the current ratio and acid-test ratio for the business: Cash$52,000Short-term investments 12,000Accounts receivable 54,000Inventory 325,000Prepaid expenses 17,500Accounts payable 106,500Other current payables 25,000
A. 3.50 and 0.90 B. 2.73 and 1.52 C. 1.80 and 0.90 D. 1.80 and 1 E. 1.97 and 1.52
Iona files a suit against Javier for conversion of property that Javier asserts he owns. Javier will not be liable if he can show that
A. Iona has no intent to use the property. B. Iona has no interest in the property. C. Javier did not damage the property. D. Javier did not intend to keep the property.