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GREYUIT [131]
2 years ago
8

In an effort to prevent future financial crises like the stock market crash of 1929, in the 1930s Congress: Multiple Choice pass

ed the American Anti-Corruption Act. formed the FDIC. passed the Bubble Act. formed the Federal Reserve Bank.
Business
1 answer:
kumpel [21]2 years ago
6 0

In an effort to prevent future financial crises like the stock market crash of 1929, in the 1930s Congress formed the FDIC.

<h3>What is the FDIC?</h3>

The Federal Deposit  Insurance Corporation (FDIC) was formed by th Congress after the stock market crash of 1929.Bank run was attributed to be one of the causes of the great depression. The FDIC increases confidence of depositors in banks because they insure the deposit of bank customers.

To learn more about the federal deposit insurance corporation, please check: brainly.com/question/827771

#SPJ1

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Aguilera corp. has a current accounts receivable balance of $336,500. credit sales for the year just ended were $4,515,830. what
Alika [10]

The receivables turnover ratio is an activity ratio computing how proficiently a firm uses its assets.

Receivables turnover ratio can be calculated by: net value of credit sales during a given period divided by the average accounts receivables.

Receivables turnover = sales / receivable

= 4,515,830 / 336,500

= 13.42

 

Days’ sales in receivables = 365 days/ receivable turnover

= 365 / 13.42

= 27.20

The average collection period is 27.20 days.

6 0
3 years ago
The following accounts were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet: Accumulated Deprecia
ludmilkaskok [199]

Answer:

all the given figures are wrong but i explained the correct procedure.

Explanation:

INCOME STATEMENT

Fees earned                            17400

Expenses:  

Depreciation expense      1300  

Insurance expense      400  

Supplies expense              3800     5500

Net Income                               11900

Therefore, The Net income for the period is $11900.

3 0
3 years ago
Other dividend policy issues
umka2103 [35]

Answer:

1.

<u>Net income increases</u><em>. - </em>Ability to pay Dividends increases.

Dividends are paid from Retained Earnings which are derived from Net Income. If Net income increases therefore, so does the ability to pay Dividends.

<u>More profitable investment opportunities are available</u> - Decreases Ability to pay Dividends.

If there are more profitable opportunities for investment available, the business will invest in those opportunities. By doing so they will reduce the amount of cash that they have which is cash that could have been paid as dividends.

<u>The firm increases its debt ratio</u>. - Ability to pay Dividends Increase

As a result of the company borrowing more money, there will be more money left to pay out dividends so more dividends will be paid.

2. A. Despite the fact that Dernham Burnham Inc.'s earnings tend to fluctuate from year to year, the company most likely pays a predictable, stable dividend each year.

Companies like Dernham that aim to please investors usually adopt a predictable, stable dividend policy every year so that the investors will have more faith in them and be sure of earnings every year. This will give them a higher rating with the investors.

4 0
3 years ago
Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishi
nexus9112 [7]

Answer:

Explanation:

For computing the  cost of inventorying, we have to apply the formula which is shown below:

= Total costs ÷ Number of items

1. Cost of inventorying = Total costs ÷ Number of items

                                     = $125 ÷ 100 items

                                     = $1.25

Total cost = $100 + $25 = $125

2. Cost of inventorying = Total costs ÷ Number of items

                                     = $150 ÷ 150 items

                                     = $1

Total cost = $100 + $25 + $25 = $150

3. Cost of inventorying = Total costs ÷ Number of items

                                     = $175 ÷ 160 items

                                     = $1.10

Total cost = $100 + $25 + $25 + $25 = $175

$25 is the each worker pay

To minimize the cost we required two workers as the cost of inventorying is lesser than other two.

3 0
3 years ago
which one of the following is not a withdrawal option for a mutual fund owner, who has a minimum nav of $5,000?
vichka [17]

None of the Above. A mutual fund owner typically has access to a variety of withdrawal options, including direct deposit, check, and wire transfer.

However, the minimum NAV (net asset value) of the mutual fund must be considered when choosing a withdrawal option. If the minimum NAV of the mutual fund is $5,000, then none of the above options would be available.

Net asset value, or "NAV," of an investment company is the company's total assets minus its total liabilities. For example, if an investment company has securities and other assets worth $100 million and has liabilities of $10 million, the investment company's NAV will be $90 million.

To know more about NAV here

brainly.com/question/15847339

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8 0
1 year ago
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