The research design specifies:
A. follow-up procedures for the research
B. the information that will be found
C. how the final report will be written
D. how the information gathered will be used to predict external environmental changes
E. the research questions to be answered
Answer: E
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The reserve requirement is 0 percent on the first $6.0 million in transaction deposits, 3 percent on amounts between $6.0 million and $42.1 million, and 10 percent on amounts above $42.1 million.The First Bank of Boston has the following assets and liabilities (all amounts in millions of dollars):
Assets Reserves$5.0 Loans$345.0 Securities$70.0 Liabilities + Capital Transaction deposits$75.0 Nontransaction deposits$315.0 Equity capital$30.0 ? a.Calculate the bank's excess reserves. Show your work. b.Suppose First Bank makes a loan to a customer equal to the amount of the excess reserves you found in part a. Calculate the bank's excess reserves before the customer spends the proceeds of the loan. Show your work. c.Now suppose the customer spends the proceeds of the loan. Calculate the bank's excess reserves. Show your work. What will be an ideal response?
Changes in accounting principles could be the result of the FASB issuing a new accounting standard
Indicate whether the statement is true or false
A dry cleaner has a single drive-thru window for customers. The arrival rate of cars follows a Poisson distribution, while the service time follows an exponential distribution
The average arrival rate is 16 per hour and the average service time is three minutes. (a) What is the average number of cars in the line? (b) What is the average time spent waiting to get to the service window? (c) What percentage of time is the dry cleaner's drive-thru window idle? (d) What is the probability there are more than 2 cars at the drive-thru window?
When making a difficult ethical decision, you should narrow the stakeholders involved to those that will be most affected by the action
Indicate whether the statement is true or false