You are investigating a savings account that is offered by 2 different banks.
Bank A is offering 0.464% interest per month, compounded monthly.
Bank B is offering an effective annual interest rate of 6.50%
Answers
In the given case, Bank B must be chosen as it offers a higher interest rate, with higher returns on the savings account.
It is required to determine Bank A's effective yearly interest rate in order to compare the two savings accounts that Bank A and Bank B provide.
For Bank A:
Monthly interest rate -
= 0.464%
= 0.464/100
= 0.00464
Calculating the effective annual interest rate for Bank A -
Effective annual interest rate = (1 + Monthly interest rate)^Number of compounding periods - 1
\(= (1 + 0.00464)^12 - 1\)
= 0.0568 or 5.68%
Comparing the effective annual interest rates -
Bank A: Effective annual interest rate = 5.68%
Bank B: Effective annual interest rate = 6.50% ( Already given)
Comparing the two banks' effective annual interest rates, Bank B provides a higher rate of 6.50%, while Bank A offers 5.68%. Because Bank B provides a greater interest rate and the possibility for bigger earnings on the savings account, it must be picked.
Read more about interest rate on:
https://brainly.com/question/29415701
#SPJ4
Complete Question:
You are investigating a savings account that is offered by 2 different banks.
Bank A is offering 0.464% interest per month, compounded monthly.
Bank B is offering an effective annual interest rate of 6.50%
Which bank must be chosen ?
Related Questions
If average household income increases by 10%, from $50,000 to $55,000 per year, the quantity of rooms demanded at the Triple Sevens from rooms per night to rooms per night. Therefore, the income elasticity of demand is , meaning that hotel rooms at the Triple Sevens are . If the price of a room at the Exhilaration were to decrease by 10%, from $250 to $225, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Triple Sevens from rooms per night to rooms per night. Because the cross-price elasticity of demand is , hotel rooms at the Triple Sevens and hotel rooms at the Exhilaration are . Triple Sevens is debating decreasing the price of its rooms to $175 per night. Under the initial demand conditions, you can see that this would cause its total revenue to . Decreasing the price will always have this effect on revenue when Triple Sevens is operating on the portion of its demand curve.
Answers
Answer:
Some numbers are missing, so I looked for similar questions:
If average household income increases by 10%, from $50,000 to $55,000 per year, the quantity of rooms demanded at the Triple Sevens from 300 rooms per night to 350 rooms per night. Therefore, the income elasticity of demand is , meaning that hotel rooms at the Triple Sevens are .
income elasticity of demand = % change in quantity demanded / % change in income
income elasticity of demand = 16.7% / 10% = 1.67, since it is positive, then they are normal goods, and since their IED ≥ 1, they can also be considered luxury goods.
If IED is negative, that means that a good is an inferior good, since the more you earn, the less you consume.
If the price of a room at the Exhilaration were to decrease by 10%, from $250 to $225, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Triple Sevens from 300 rooms per night to 200 rooms per night. Because the cross-price elasticity of demand is , hotel rooms at the Triple Sevens and hotel rooms at the Exhilaration are .
Cross price elasticity of demand = % change in quantity demanded of Triple Sevens hotel rooms / % change in price of Exhilaration hotel rooms
Cross price elasticity of demand = -33.33 / -10% = 3.33
Triple Sevens hotel and Exhilaration hotel are substitutes since their cross price elasticity is positive.
Triple Sevens is debating decreasing the price of its rooms to $175 per night (from $200). Under the initial demand conditions, you can see that this would cause its total revenue to . Decreasing the price will always have this effect on revenue when Triple Sevens is operating on the portion of its demand curve.
original revenue before change in price = $200 x 150 rooms = $30,000
revenue after decreasing price = $175 x (150 x 1.1667) = $175 x 175 rooms = $30,625
total revenues will increase by $625, this happens because Triple Sevens hotel is operating on the elastic portion of the demand curve.
In a word document, conduct a cost-benefit analysis where you write all of the costs (monetary and non-monetary) and compare them to all of the benefits (monetary and non-monetary) of our class going on a field trip to Walt Disney World in Orlando, Fl. Be sure to list any alternatives for trip (ex. flying rather than driving, etc.)
(There are 22 Students in the class)
Answers
It should be noted that cost-benefit analysis is the way to compare the costs and benefits of a project expressed in monetary units.
What Is a Cost-Benefit Analysis?A cost-benefit analysis is the systematic process which businesses use on order to analyze which decisions to make and the ones that will be forgo. The cost-benefit analyst simply sums the potential rewards that are expected from a situation and then subtracts the total costs that are associated with taking that action.
The major steps in a cost-benefit analysis
Specify the set of options. Decide whose costs and benefits count. Identify the impacts and select measurement indicators. Predict the impacts over the life of the proposed regulation.Monetize and place dollar values on impacts.Before the class goes on a field trip to Walt Disney World in Orlando, it's important to conduct a cost-benefit analysis that will be used to evaluate all the potential costs and the revenues which the class might generate from the project.
Then, the outcome that is gotten from the analysis will determine whether the project will be financially feasible or whether the company can pursue another project.
Learn more about cost-benefit analysis on:
https://brainly.com/question/12530168
#SPJ1
If a firm's marginal revenue is below its marginal cost, an increase in production will usually: a. increase profits. b. leave profits unchanged. c. decrease profits. d. increase marginal revenue.
Answers
Answer:
D. increase marginal revenue
Explanation:
If marginal revenue is less than marginal cost then they are producing too much product and need to decrease production until marginal cost and marginal revenue are equal.
Assuming Builtrite had taxable income of $14,000,000. If Builtrite had $60,000 in interest expense, how much would this interest expense cost Builtrite after taxes? O $0 O $39,000 O $21,000 O $30,000 O $60,000
Answers
To calculate how much the interest expense would cost Builtrite after taxes, you'll need to consider the tax savings resulting from the interest expense. Here are the steps to calculate the after-tax cost of interest expense:
1. Determine the tax rate: In the question, the taxable income of $14,000,000 is given, but the tax rate is not. You'll need the tax rate to proceed. Let's assume a corporate tax rate of 35% for this example.
2. Calculate the tax savings: Multiply the interest expense ($60,000) by the tax rate (35%) to find the tax savings.
Tax savings = $60,000 x 0.35 = $21,000
3. Calculate the after-tax cost of interest expense: Subtract the tax savings ($21,000) from the original interest expense ($60,000).
After-tax cost = $60,000 - $21,000 = $39,000
So, the interest expense would cost Builtrite $39,000 after taxes. Your answer is O $39,000.
To know more about interest expense:
https://brainly.com/question/24188794
#SPJ11
Which completes the equation?
O + A + Consideration (+______) = K
Legal capability
Legal capacity
Legal corporations
Legal injunction
Answers
"Legal capacity" is the final term that completes the equation.
What is the full legal age?What a person is legally capable of doing depends on the rules and regulations of the legal system. It is a fiction with no underlying reality that every legal system uses to establish a relationship with its constituents.
What does the legal competence to contract mean?A party has the legal authority to enter into a contract if they have the capacity to do so. Capability also implies that a person must be legally competent. A person's ability is determined by two factors: whether they are of legal age to enter into contracts and if they are mentally able to do so.
To know more about Legal capacity visit:-
https://brainly.com/question/30160771
#SPJ1
Beck and Carli are married. Carli purchases a condominium near Downhill Ski Resort. Beck and Carli each technically own an undivided one-half interest in the condo. This is a. community property. b. a joint tenancy. c. illegal.
Answers
Based on the fact that both Beck and Carli own an undivided interest in the condo, we can say that this is a. community property
Community property means:
Spouses own half of things acquired in marriage Spouses own these things regardless of who actually bought itWhen a marriage abides by community property, each spouse owns half of everything that was acquired in the marriage. This half is however undivided and only comes into play during divorce proceedings.
In conclusion, this condominium is a community property.
Find out more at https://brainly.com/question/17985988.
in the case in the text, toyo tire north america manufacturing, incorporated v. davis, the court held that:
Answers
In the case in the text, Toyo Tire North America Manufacturing, Incorporated v. Davis, the court held that: Answer: In the case in the text, Toyo Tire North America Manufacturing, Incorporated v.
Davis is a court case that went to the Supreme Court. In this case, it was held that the employers can use a test to determine whether a job applicant has skills required for a job. The case was filed by Davis, who sued Toyo Tire because they did not hire him after he failed the physical exam.
He alleged that Toyo Tire discriminated against him under the Americans with Disabilities Act (ADA).Toyo Tire argued that the physical exam was necessary to ensure that Davis could perform the job's essential functions. The court ruled in favor of Toyo Tire, stating that the employer had a legitimate, nondiscriminatory reason for the test.
The court ruled that if an employer used a test to determine whether a job applicant has skills required for a job, and the test was job-related and consistent with business necessity, then the employer's use of the test did not violate the ADA. The court also ruled that the EEOC was not entitled to deference in its interpretation of the ADA's business necessity defense.
To summarize, Toyo Tire North America Manufacturing, Incorporated v. Davis case's main takeaway is that employers can use a test to determine whether a job applicant has skills required for a job if it is job-related and consistent with business necessity.
for more such questions on Incorporated .
https://brainly.com/question/9617453
#SPJ11
Explain the importance of team dynamics (plz help)
Answers
Team dynamics in the workplace are important because they impact creativity, productivity and effectiveness. Since group work is integral to organisations, improving group dynamics can lead to better work outcomes, customer satisfaction and an improved bottom line.
Country A has a command economy. The country’s economic plan calls for manufacturing 10,000 new electric heaters for the winter months. However, the winter turns out to be much colder than usual. As a result, the demand for new heaters is higher than the number of heaters available. Many people are forced to get through the winter without an electric heater.
What does this scenario best reveal about command economies?
Command economies are profit driven.
Command economies have difficulty meeting changing needs.
Command economies fail to regulate what goods are produced.
Command economies ignore consumer needs.
Answers
This scenario best reveals that the command economies have difficulty meeting changing needs.
What are command economies?Command economies, also known as planned economies, are economic systems in which the government controls all aspects of the economy, including production, distribution, and pricing of goods and services. In a command economy, the government makes all economic decisions and owns all the resources necessary for production. Prices are typically set by the government rather than by the forces of supply and demand. The goal of a command economy is to create a centrally-planned system that distributes resources and goods equitably among the population. However, command economies have historically been associated with inefficiency, poor quality products, and limited consumer choice. They have also been criticized for their lack of responsiveness to changing market conditions and the needs and desires of consumers. Many command economies have since transitioned to market-based systems.
To learn more about command economy, visit:
https://brainly.com/question/19226815
#SPJ1
Because economic and competitive environments frequently change, organizations should.
Answers
Because economic and competitive environments frequently change, organizations should develop contingency plans.
A competitive environment is a system in which various businesses compete with one another through various marketing channels, promotional strategies, pricing methods, and so on. This system contains regulations that businesses must follow. Pure competition, monopolistic competition, oligopoly, and monopoly are the four types of competitive environments.
From a microeconomic standpoint, five basic factors can influence competition: product features, the number of sellers, entry barriers, information availability, and location. A contingency plan is also known as "Plan B" or a backup plan because it can be used as a backup action if expected results do not materialize. Business continuity (BC), disaster recovery (DR), and risk management all include contingency planning.
To learn more about economic and competitive environments, here
https://brainly.com/question/28430929
#SPJ4
using technology to transform a market or to create an entirely new market is called creating a(n) innovation.
Answers
A disruptive innovation is one that uses technology to change an existing market or to create a brand-new one.
What exactly is a market?A market is a meeting ground for consumers and sellers where they can trade. Market system explains how different companies are categorized and achieve the particular on how fiercely and in what ways they compete with one another for customers' services and goods. The black market, the auction market, and the financial sector are more examples.
What kind of market is most typical?Oligopoly & monopolistic competition are the two kinds of market structures that are most prevalent. There are only a few companies in an oligarchy, and each one is aware of its competitors. Airlines and automakers are two examples of oligopolistic industry.
To know more about market visit:
https://brainly.com/question/13414268
#SPJ4
longer class lives for depreciable property and the required use of the straight-line method of depreciation would likely dampen the tax incentive for purchasing capital assets. True or false
Answers
The statement "Longer class lives for depreciable property and the requirement to use the straight-line method of depreciation would likely dampen the tax incentive for purchasing capital assets." is true.
Depreciation is a tax deduction that allows businesses to recover the cost of their capital assets over time. It provides a tax incentive by reducing taxable income and ultimately lowering the tax liability. However, when the class lives of depreciable property are longer and the straight-line method of depreciation is required, the tax benefits are spread out over a longer period of time.
In the case of longer class lives, it takes a longer time for businesses to fully recover the cost of their capital assets through depreciation deductions. This reduces the immediate tax benefits and may decrease the incentive for businesses to make large capital investments.
Similarly, the straight-line method of depreciation allocates an equal amount of depreciation expense each year over the useful life of the asset. This results in a consistent and predictable depreciation deduction, but it also extends the time it takes to recover the cost of the asset for tax purposes. This can further dampen the tax incentive for purchasing capital assets.
Therefore, both longer class lives for depreciable property and the requirement to use the straight-line method of depreciation can reduce the immediate tax benefits associated with purchasing capital assets, thus potentially dampening the tax incentive for such investments.
learn more about assets
https://brainly.com/question/14826727
#SPJ11
The major event in history that resulted in the need for development of traditional management is
Answers
Traditional Management, which predates modern management techniques, emerged during the Industrial Revolution, a time of significant change in how people worked. Beginning in the early 1880s, numerous new cotton mills popped up all throughout Great Britain, necessitating the organisation and management of the workforce.
Despite the fact that strategy has been significant throughout history, the study of strategic management has mostly grown over the past century. Here are a few significant commercial and scholarly developments that have aided the development of the discipline. 1911 saw the release of The Principles of Scientific Management by Frederick W. Taylor.
To learn more about Management, click here.
https://brainly.com/question/32216947
#SPJ4
How do you calculate consumer surplus?
Answers
Consumer surplus is the difference between the highest price a consumer is willing to pay for a good or service and the actual price they pay. It is a measure of the additional benefit or satisfaction that consumers receive from purchasing a good or service. To calculate consumer surplus, you can use the following formula: Consumer Surplus = Willingness to Pay - Actual Price
For example, if a consumer is willing to pay $100 for a good but only has to pay $80, their consumer surplus is $20 ($100 - $80 = $20).
It is important to note that consumer surplus only exists when the willingness to pay is greater than the actual price. If the willingness to pay is less than the actual price, there is no consumer surplus.
In conclusion, to calculate consumer surplus, you simply subtract the actual price of a good or service from the highest price a consumer is willing to pay for it. The result is the additional benefit or satisfaction that the consumer receives from the purchase.
To know more about consumer surplus here:
https://brainly.com/question/15416023
#SPJ11
Which of the following jobs is expected to double in the next few years?
nurse
automobile mechanic
real estate salesperson
computer engineer
Answers
Answer:
real estate salesperson
Computer Engineer
I have to write at least 20 characters to post this.
between september 2007 and december 2008, the federal reserve
Answers
The target federal funds rate range by end of the 2008 is 0.00 - 0.25%.
What are federal funds?In order to maintain their bank reserves at the Federal Reserve, American banks make overnight loans to other companies known as federal funds. Banks keep reserves at Federal Reserve Banks to meet their reserve requirements and settle financial transactions. Transactions in the federal funds market, which enable depository institutions to maintain reserve balances above minimal requirements, enable them to lend reserves to institutions with insufficient reserves. These "overnight" loans are typically granted for just one day. The interest rate applied in these transactions is known as the Federal Funds Rate (FFR). Federal funds are an unsecured interbank loan, much like eurodollars, and they are not secured in any way. The amount of money that is generally available in the total reserves of the banking system does not change as a result of how regulated financial institutions employ federal funds.
To learn more about federal funds, visit:
https://brainly.com/question/7450303
#SPJ4
Question:
Between September 2007 and December 2008, the FOMC lowered its target for the federal funds rate 10 times. What was the target fed funds rate range by the end of the 2008?
explain any 3 savings offered by postal service
Answers
Savings accounts come in a variety of varieties, and they are not all the same. Traditional savings accounts, high-yield savings accounts, money market savings accounts, certificates of deposit, cash management savings accounts, and speciality savings accounts are available.
What postal savings accounts are and how they workFrom 1911 through 1967, the United States ran a postal savings program that allowed people to deposit money in accounts secured by the government and generating interest. However, as commercial banks raised the interest rates on savings accounts, the Postal Savings System's popularity fell, and the program was abandoned in 1967.
What are the finest Post Office savings?The outcomes are guaranteed because this post office initiative is sponsored by the Indian government. The interest rate for the current quarter is 6.8%. (October 2022–December 2022). This fixed-income savings plan has a five-year term. Therefore, the lock-in time is also five years.
Learn more about postal service: https://brainly.com/question/907787
#SPJ1
a) The solar installation generates electric power from sunlight and incurs operating costs for cleaning
the solar modules (sometimes called solar panels) and replacing solar modules that have failed. The
annual revenue from the electric power is variable due to variable cloudiness and solar module failure
and has a mean of $2.78m and a standard deviation of $0.32m. The annual operating costs have a mean
of $0.51 and a standard deviation of $0.12m.
calculate the mean and standard deviation of the annual profit
Answers
Answer:
The mean of the annual profit is $2.27 m.
The standard deviation of the annual profit is $0.3418 m.
Explanation:
Let X represent the annual operating costs for cleaning the solar modules and replacing solar modules that have failed.
And let Y represent the annual revenue from the electric power.
It is provided that:
\(E(X)=\$0.51\ m\\E(Y)=\$2.78\ m\\SD(X)=\$0.12\ m\\SD(Y)=\$0.32\ m\)
It is known that:
Annual Profit (Z) = Annual Revenue (Y) - Annual Operating Costs (X)
Compute the mean of the annual profit as follows:
\(E(Z)=E(Y-X)\)
\(=E(Y)-E(X)\\=2.78-0.51\\=2.27\)
The mean of the annual profit is $2.27 m.
Compute the standard deviation of the annual profit as follows:
\(SD(Z)=\sqrt{V(Y-X)}\)
\(=\sqrt{V(Y)+V(X)-2Cov(X,Y)}\\=\sqrt{V(Y)+V(X)}\\=\sqrt{(0.32)^{2}+(0.12)^{2}}\\=0.3418\)
The standard deviation of the annual profit is $0.3418 m.
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
Read more about net income here:
https://brainly.com/question/28390284
#SPJ1
The T in T-Account stands for
A. Transaction
B. Transfer
C. None of the Above
D. T-Chart
Answers
Answer:
Transfer
Explanation:
because it is transfer-account
If average annual income for all workers is $37,000 and a person with a bachelor’s degree can expect to earn 32 percent more than average, what is the average annual income for persons holding bachelor’s degrees (round to the nearest thousand)?
Answers
Answer:
$48,840.00
Explanation:
If the average income is $37,000
A graduate expects to earn 32% above average.
The graduate will earn $37,000 +( 32% of $37,000)
=$37,000 +(32/100 + 37,000)
=$37,000 + $11,840.00
= $48,840.00
Answer:
49000
Explanation:
(source) TRUST ME
im being serious tho it is 49000
Transactions that don’t increase or decrease cash, but that result in significant investing and financing activities, are reported either directly after the cash flow statement or in a separate note to the financial statements as noncash activities.
a. True
b. False
Answers
Transactions that don’t increase or decrease cash, but that result in significant investing and financing activities, are reported either directly after the cash flow statement or in a separate note to the financial statements as noncash activities.
The above statement is True
What do you mean by transactions?
An agreement or communication between a buyer and a seller to trade products, services, or assets in exchange for money is a financial transaction. Any transaction involves a shift in the financial situation of two or more entities, whether they be people or businesses.In a firm, there are primarily four different sorts of financial transactions. Sales, purchases, receipts, and payments are the four categories of financial transactions that have an effect on the firm.To know more about Transactions here
https://brainly.com/question/1016861
#SPJ1
"drawing relevant examples from the extract, discuss
the leadership qualities of Steve Jobs and bring out how his
leadership embodies the nature and elements of leadership
Answers
Steve Jobs, the co-founder of Apple Inc., exhibited remarkable leadership qualities that contributed to his success and the transformation of Apple into one of the world's most valuable companies.
Firstly, Jobs demonstrated a visionary leadership style. He had a clear and compelling vision of creating innovative products that would revolutionize industries. For instance, his vision of a user-friendly personal computer led to the development of the Macintosh.Secondly, Jobs possessed strong passion and charisma. He had a relentless drive to pursue excellence and inspire others to share his vision. His charisma and persuasive communication skills motivated employees and stakeholders His leadership embodied several key elements.
learn more about co-founder here:
https://brainly.com/question/33067568
#SPJ11
create a new spreadsheet in which total fixed cost increases to $5,000. what price should the manager charge? how many papers should be sold in the short run? what should the owners of the star do in the long run?
Answers
1) The owner should demand $0.70 for each newspaper.
2) To increase his Total Profit to the highest possible level in the scenario, the Manager must sell 5000 Newspapers each day.
Owners of Star should eventually leave the industry.
Total fixed costs are all of the expenses a company incurs to maintain its operations, regardless of the volume of goods it produces or sells. Regardless of productivity or lack thereof, total fixed costs remain constant. When production is at a standstill, fixed costs are still in place.
The loss minimising price is $0.70, as we can see. When marginal revenue and marginal cost are equal, loss minimization occurs. However, the 5000 newspapers mark the point in the above table where marginal income is closest to marginal cost, and after that point, marginal revenue falls below marginal cost, signalling an increase in losses.
Manager should therefore charge $0.70.
To reduce losses in the near run, 5000 units should be sold.
The owners of star should leave the sector in the long run because they are losing money at all volumes and prices due to an increase in fixed expenses.
To know more about Total fixed cost, refer to this link:
https://brainly.com/question/13174714
#SPJ4
Linda Baer has already saved $6,500 to buy a used vehicle. Ignoring taxes and assuming her money is invested in a money market account earning 3 percent compounded annually, how long will it take to buy a car that costs $9,000?
Answers
Answer:
11 years.
Explanation:
Below is the calculation for the time period:
Present value of the money = $6500
Interest rate = 3%
Future value of the money = $9000
Future value = Present Value (1 + r )^n
9000 = 6500 (1 + 3%)^n
9000/6500 = (1 + 3%)^n
1.3846 = (1.03)^n
Now solve for the value of n by taking ln on both sides.
Thus n = 11 years.
in the past, the federal reserve (fed) mandated that member commercial banks must hold a certain fraction of their checkable deposits in the form of bank deposits at the fed and/or vault cash because the sum of these two accounts equals reserves. the fraction of checkable deposits that banks must hold in reserve form is called the required reserve ratio (r). suppose no excess reserves were in the banking system and the required reserve ratio(r) was 5%. the fedbought a government bond worth $200,000 from jake, a client of first main street bank. jake deposited the money into his checking account at first main street bank. given the required reserve ratio (r), first main street bank was required to hold $ as required reserves and could use $ to make loans.
Answers
Given the required reserve ratio (r), first main street bank was required to hold $10,000 as required reserves and could use $1,90,000 to make loans.
First, we need to calculate the amount of reserves required to be kept with the bank.
Required reserve ratio = 5%
Deposits = $ 200,000
Required reserve = required reserve ratio / 100 × deposits
= 5/ 100 × 200,000
=$10,000
Now, we will find the amount that can be used to make loans
Amount that can make loans = deposits - required reserve
= 200,000 - 10,000
= $ 190,000
Reserve requirements are the amounts of cash that financial institutions must keep in their vaults or at the nearest Federal Reserve branch in order to meet customer deposits. Reserve requirements, which are set by the Fed's board of governors, are one of the three major tools of monetary policy, the other two being open market operations and the discount rate.
To know more about required reserve ratio:
https://brainly.com/question/30056850
#SPJ4
how does the health of an economy affect business?
Answers
Answer:
This is a very broad question. The health of the economy affects business in many ways. First of all the health of economy is an outcome of business performance.
You need to think of this case as one comes from another and influences it back. Please find the attached diagram.
Explanation:
Identify the term for unsold goods, raw materials, Or work-in-progress that a company has.
Answers
Answer:
Inventory
Explanation:
Inventory refers to
The finished products in the warehouse or store that is ready for sale. Raw materials used in the production of goodsGoods that in the production process, also known as work in progress.Inventory is held with the intention of selling. It is classified as current assets. Income realized from the sale of inventory is revenue to the business.
explain why this may fall under corporate responsibility and insider trading.
Answers
This scenario may fall under corporate responsibility and insider trading due to the potential ethical and legal implications involved in foreign exchange transactions.
1. Corporate Responsibility:
Corporate responsibility refers to the ethical obligations and accountability of companies towards various stakeholders, including shareholders, employees, customers, and the wider society.
In the context of foreign exchange transactions, companies engaging in such activities have a responsibility to ensure transparency, fairness, and adherence to legal and regulatory frameworks.
Violations of corporate responsibility may occur if the company engages in unethical practices, such as insider trading or manipulation of exchange rates, which can harm stakeholders and undermine market integrity.
2. Insider Trading:
Insider trading involves the illegal practice of trading securities based on non-public, material information that can significantly impact the price of those securities.
In the given scenario, if individuals within the company possess undisclosed information about the future exchange rate movements, and they use that information to make foreign exchange transactions for personal gain or to benefit certain parties, it could be considered insider trading.
Insider trading is illegal as it gives an unfair advantage to those with privileged information and undermines the integrity of financial markets.
Therefore, the scenario of foreign exchange transactions may raise concerns related to corporate responsibility and insider trading, as it involves ethical considerations and potential legal violations if conducted improperly.
Learn more about Insider Trading here:
https://brainly.com/question/31667342
#SPJ11
Manchester Company acquired 60 percent of the common stock of Safton Corporation on December 31, 2009. On the date of acquisition, Manchester held land with a book value of $200,000 and a fair value of $350,000; Safton held land with a book value of $150,000 and fair value of $300,000. At what amount would land be reported in a consolidated balance sheet prepared immediately after the combination?
a.$290,000
B.$500,000
c.$590,000
d.$650,000
Answers
At $290,000 land would be reported in a consolidated balance sheet prepared immediately after the combination. So, the correct answer is A.
How to determine the land value on the consolidated balance sheetTo calculate the land value on the consolidated balance sheet, we'll consider the book value of land for both Manchester Company and Safton Corporation, and adjust for the acquisition percentage.
Manchester's land book value: $200,000
Safton's land book value: $150,000
Manchester acquired 60% of Safton Corporation, so we'll take 60% of Safton's land book value:
$150,000 × 60% = $90,000
Now, add Manchester's land book value and the acquired portion of Safton's land book value:
$200,000 + $90,000 = $290,000
The land would be reported at $290,000 in the consolidated balance sheet prepared immediately after the combination.
So, the correct answer is: a. $290,000
Learn more about consolidated balance at
https://brainly.com/question/15296526
#SPJ11