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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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The wireone company manufactures high-quality coated electrical wire in two departments, weaving and coating. materials are intr
storchak [24]
<h2><u>Answer:</u></h2>

Equal Units; Assigning Costs—Weighted-Average Method [LO2, LO3, LO4, LO5] The WireOne Company makes high caliber covered electrical wire in two offices, Weaving and Coating. Materials are presented at different focuses amid work in the Weaving Department.

After the weaving is finished, the materials are moved into the Coating Department, where strength plastic covering is connected. Chosen information identifying with the Weaving Department amid May are given underneath:

The organization utilizes the weighted-normal strategy. Required: 1. Figure the proportional units of creation. 2. Register the expenses per proportional unit for May. 3. Decide the expense of completion work in procedure stock and of the units exchanged to the Coating Department. 4. Set up a cost compromise between the costs decided in (3) above and the expense of starting stock and expenses included amid the period.

6 0
4 years ago
Potential investors, in analyzing the profit potential for a distressed property, generally consider a financial framework inclu
Misha Larkins [42]

Answer:

It is True that potential investors, in analyzing the profit potential for a distressed property, generally consider a financial framework including the acquisition phase, the holding period phase and the disposition phase

Explanation:

Acquisition is the process of gaining ownership or control of a real estate. It is usually sold by brokers to investors.

In the case of distressed property, there is always a holding period

Holding periods are usually targeted at 2-5 years, during which the asset that has been acquired is renovated.

The end of the holding period transitions to the beginning of the disposition phase.

During the disposition phase, the real estate which could be a distressed building is being disposed or handed over to the owners. At this phase, complete documentation is done and handed to both parties to endorse.

A comprehensive financial framework detailing all the expenditure across the acquisition phase, holding period and the disposition phase must be in place in order to get an accurate calculation of expenditure data to used in analyzing the profit potential of a property.

3 0
3 years ago
Josh has a master’s degree in business administration and supply chain management. What company might be in interested in hiring
sweet [91]

Answer:

A

Explanation:

he would be better suited for the position going off his degree

4 0
3 years ago
Read 2 more answers
Pacific Packaging's ROE last year was only 3%, but its management has developed a new operating plan that calls for a debt-to-ca
777dan777 [17]

Answer:

Explanation:

Total asset turnover = Sales/total assets

3.2= 14000000/Total assets

Total assets = 4375000

E/A = 1-D/A = 1-0.45 = 0.55

Equity = E/A*assets = 0.55*4375000=2406250

Net income = (EBIT-interest)*(1-tax rate)

=(1344000-546000)*(1-0.25)=598500

ROE = Net income/total equity

ROE% = 598500/2406250=0.248

ROE% = 24.8

6 0
3 years ago
Fenton Manufacturing Company at June 30: Cash in bank account $ 6,455 Inventory of postage stamps $ 74 Money market fund balance
Dmitrij [34]

Answer:

$19,462

Explanation:

The computation of the cash and cash equivalent is shown below:

= Cash in bank account + Money market fund balance + petty cash balance + money orders

= $6,455 + $12,400 + $350 + $257

= $19,462

It includes only cash in bank account, balance in money market, petty cash balance and the money orders

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
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