Holding all else constant, when a bank receives the funds for a deposited check,
A) cash items in process of collection fall by the amount of the check.
B) bank assets increase by the amount of the check.
C) bank liabilities decrease by the amount of the check.
D) all of the above occur.
A
You might also like to view...
When Nancy’s Yogurt Inc. acts on its own to promote the yogurt industry as a whole, the company is practicing
A. competitive aggression. B. competitive pacification. C. public relations. D. voluntary cooptation. E. cooperative action.
Whitewater Rapids provides canoes to tourists eager to ride Whitewater river's rapids. Management has determined that there is one chance in a thousand of a customer being injured or killed. Settlement of resulting lawsuits has an average cost of $850,000. Insurance with a $100,000 deductible is available. It covers the costs of lawsuits, unless there is evidence of criminal negligence. Based on
cost-benefit analysis, what is the most that the business should pay for the insurance? A) $100 B) $500 C) $750 D) $850