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puteri [66]
2 years ago
8

The following describes which type of bank? "Serves everyday people like you and me!"

Business
1 answer:
igomit [66]2 years ago
6 0
Retail bank is the answer
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What happens if the fed sells $5 billion worth of treasury bonds on the open market?
gulaghasi [49]
<span>The Fed sells of reserve bonds to affect the money supply on the open market. Therefore, the fed sells $5 billion worth of T-bonds, then that means they will be taking out a big lump out of your bank put down. In the meantime, the fed sells might pump $5/billion into the financial system by incomplete set aside banking into the grouping and it’s more like $50/billion and the Fed gets the Bonds and the financial system gets the money. Will have to the fed wish to take out cash from the market, it could sell those bonds and take cash out of the economy in trade for bond.</span>
4 0
4 years ago
While reviewing the books at his firm, Chad Cooper noticed discrepancies between how the firm recorded revenues last year and ho
telo118 [61]

Answer:

The correct answer is letter "D": the services of an independent auditor.

Explanation:

Every time an internal auditor feels there is inaccurate information on the company's books, <em>requesting for an external audit of a Certified Public Accountant (CPA) is a valid option</em>. Auditors must clarify any piece of information that seems ambiguous in a firm's general ledger. Otherwise, if mistakes or fraud are found, the auditor can be considered an accomplice of such activities.

5 0
3 years ago
Assume an organization's cost of capital is 10% and Division X has operating income of $3 million and uses $20 million of capita
Irina-Kira [14]

Answer:

c. $1,000,000

Explanation:

The computation of the economic value added is shown below:

Economic value added = Operating income - total invested capital × WACC

                                      = $3,000,000 - $20,000,000 × 10%

                                      = $3,000,000 - $2,000,000

                                      = $1,000,000

We simply deduct the total invested capital by multiplying the cost of capital from the operating income

8 0
3 years ago
Suppose that in 1969, the U.S. economy was operating close to potential. The budget deficit experienced by the United States in
Nataly [62]

Answer: primarily cyclical deficit

Explanation:

Budget deficit occurs when the government expenditure for a certain year is more than the revenue the government makes.

Since the the United States economy was operating close to potential. The budget deficit experienced by the United States in 1969 was primarily cyclical deficit.

3 0
3 years ago
In the current year, Oriole Corporation donated a painting worth $30,000 to the Texas Art Museum, a qualified charity. The museu
n200080 [17]

Answer:

$30,000

Explanation:

Oriole Corporation purchased the painting five years ago for $10,000. In the current year, the cost of the same painting is $30,000. Oriole Corporation donated this painting to the Texas Art Museum.

So, Oriole’s charitable contribution deduction is <u>$30,000</u> as the current value of the painting is $30,000.

6 0
3 years ago
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