The government, not only of the United States, but of all countries, are in a very obvious way, also an employer. This is because the government needs people to do the task that would allow the body to be efficient in handling subjects concerning people, citizens, and the country.
The employee of the government runs from the president him/herself to the lowest position or authority in small subsection community.
Incomplete question. Here are the options;
A. SkillsUSA
B. Future Business Leaders of America
C. Health Occupation Students of America
D. DECA
Answer:
<u>C. Health Occupation Students of America</u>
<u>Explanation:</u>
Remember, we are told to select the option which would be least likely selected by a college-bound student.
Since the main goal of a college-bound student is attaining a college degree, he or she would definitely want to develop interpersonal relationships, leadership skills which are better provided if they participate in the other options like SkillsUSA, and Business.
Answer:
Innovation, job creation, financial independence and financial success
Explanation:
The United State of America is a capitalist state where individuals control the factors of production. Government,s participation is reduced to the minimal which might only be regulation.
Small businesses in America grows to become big companies as time goes on. They contribute in no small way to the economy of the united state in the following ways: innovation, job creation, financial independence and financial success.
Answer:
The answer is: Cash and marketable securities $5,406,393
Explanation:
We have:
+ Current ratio = Current asset / Current liabilities = 2; with Current liabilities is given at $8 million => Current asset is $16 million;
+ Current asset = Inventory + Account Receivable + Cash and marketable securities <=> Cash and marketable securities = $16 million - Inventory - Account Receivable ( as current asset is calculated above at $16 million)
+ Average collection period = Account Receivable/ Credit Sales x 365 <=> Account Receivable = Average collection period/365 x Credit sales = 30/365 x 64 million = $5,260,274
+ Inventory turnover = Sales / Inventory <=> Inventory = Sales/ Inventory turnover = 64 million / 12 = $5,333,333
=> Cash and marketable securities = 16,000,000 - 5,333,333 - 5,260,274 = $5,406,393.
Answer:
a) The discount rate is the interest rate at which banks can borrow reserves from the federal reserve.
b) If the Fed were to decrease the discount rate, banks will borrow more reserves, causing an increase in lending and the money supply.
Explanation:
a) When commercial banks lack money, they request the Federal Reserve Bank (central bank), and Federal Reserve Bank charge a percentage of interest upon that loan. This percentage of interest charged is referred to as the discount rate.
The discount rate is the interest rate at which banks can borrow reserves from the federal reserve.
b) A reduction in the discount rate by the Federal Reserve will make lending easy for commercial banks because they will get a loan with lesser interest to pay, therefore they will lend out more money to the public with lesser interest rates, which will eventually increase the money supply in the economy.
Thus, If the Fed were to decrease the discount rate, banks will borrow more reserves, causing an increase in lending and the money supply.