Answer:
C. the Federal Reserve Act was a federal law.
Explanation:
In order to pass the Federal Reserve Act(FRA) President Wilson needed the support of the entire country. From the northeastern, southern to western lawmakers.
Answer:
C, retention rate and plow back ratio
Explanation:
Retention rate can simply be said to be the ratio between retained earning and earnings at risk; i.e the rate of earnings that one is assured of as against the one you're not assured of. The same can be said about plow-back ratio. The plow-back ratio can be defined as the ratio of how much earnings are retained after dividends have been paid out.
This retained earnings are then reinvested into the firm to yield another dividends and the cycle continues.
Cheers.
Answer:
c. Integrated logistics management
________systems can help keep logistics costs down, improve the satisfaction of customers, and help a firm become more competitive so as to grow its revenues.
Explanation:
How? Integrated logistics management systems interconnect and integrate all the activities and systems that affect the flow of materials, information, and goods from the point of origin to the point of arrival at the customers' end. An integrated logistics management system ensures that the six areas of logistics are handled seamlessly. These areas are Warehousing, Warehouse Management System, Transportation Management System, Real-Time Location System, Inventory Management System, and Reverse Logistics. With the integration of these systems and activities, the costs of logistics are drastically reduced, customers - who are at the center of these - become more satisfied, and the firm competitively grows its revenues and bottomline.
Answer:
D. Are not likely to achieve full convergence of accounting standards in the near future.
Explanation:
FASB and IASB has joined hands to work together and achieve full convergence. This agreement was signed in 2002, but yet the full convergence has not been achieved. Though both the organisations are still working on the same.
They have not combined their organizations as to form a single organization and work on BUSY format, thus, statement A is not correct.
As they intend to work together statement C is also not correct.
As full convergence is not yet done, Statement B is also not correct.
Accordingly, Statement D is correct.
The cost of goods sold was $19,000 in 2014 and it decreased by 8.2% from 2013.
100% - 8.2% = 91.8%
x ----------------- 100%
19,000 ---------- 91.8%
------------------------------
x : 19,000 = 100 : 91.8
91.8 x = 1,900,000
x = 1,900,000 : 91.8
x = 20,697.16 ≈ $20,697
Answer: The cost of goods sold was $20,697 in 2013.