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2 years ago

What are fdr’s expectations from the public once the banks are reopened? why?

1 answer:

7 0

FDR expected to restore the public confidence in banks once the banks are reopened because he initiated emergency suspension of all banks and made banking regulations and laws that made banks accountable and reliable.

President Franklin D. Roosevelt sought attempted to stabilise and regain public trust in the country's banking system.

The new president Franklin D. Roosevelt proclaimed a four-day banking holiday that shut down the financial sector, including the Federal Reserve. A few days after this action, the Emergency Banking Act was passed with the goal of restoring Americans' faith in banks when they reopened.

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Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missin

PilotLPTM [1.2K]

Answer:

Income Statements

2013 2014 2015

Sales revenue $294,170 $360,920 $414,180

Sales returns and allowances 11,200 13,470 20,740

Net sales 282,970 347,350 393,440

Beginning inventory 21,590 33,560 42,010

Purchases 245,240 263,090 298,600

Purchase returns and allowances (5,180) (8,330) (10,440)

Freight-in 8,140 9,480 12,440

Total cost of goods available 269,790 297,800 342,610

Ending inventory 33,560 42,010 47,870

Cost of goods sold 236,230 255,790 294,740

Gross profit on sales 46,740 91,560 98,700

Explanation:

a) Data and Calculations:

2013 2014 2015

Sales revenue $294,170 $ $414,180

Sales returns and allowances 11,200 13,470

Net sales 347,350

Beginning inventory 21,590 33,560

Ending inventory

Purchases 263,090 298,600

Purchase returns and allowances 5,180 8,330 10,440

Freight-in 8,140 9,480 12,440

Cost of goods sold 236,230 294,740

Gross profit on sales 46,740 91,560 98,700

Beginning inventory 21,590 33,560 42,010

Purchases 245,240 263,090 298,600

Purchase returns and allowances (5,180) (8,330) (10,440)

Freight-in 8,140 9,480 12,440

Total cost of goods available 269,790 297,800 342,610

Ending inventory 33,560 42,010 47,870

Cost of goods sold 236,230 255,790 294,740

3 0

3 years ago

What is a pain point of operations as a Freelancer that Fiverr helps alleviate?

kicyunya [14]

The pain point of operations as a Freelancer that Fiverr helps alleviate is financial constraint and looking or lack of job.

<h3>What are financial constrain?</h3>

This is known to be when a person or firm lacks money to run their basic activities.

Note that Fiverr has eliminate the stress of looking for a job and as such, The pain point of operations as a Freelancer that Fiverr helps alleviate is financial constraint and looking or lack of job.

Learn more about financial constraint from

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5 0

2 years ago

Firm J has net income of $77,605, sales of $935,000, and average total assets of $467,500. Required: Calculate Firm J’s margin,

inna [77]

Answer:

Firm J's margin= 8.3%

Firm J's turnover= 2

Firm J's ROI= 16.6%

Explanation:

Form J has a net income of $77,605

The sales is $935,000

The average total assets is $467,500

Firm J's margin can be calculated as follows

Margin= Net income/sales

= $77,605/$935,000

= 0.083×100

= 8.3%

Firm J's turnover can be calculated as follows

Turnover= Sales/Average Total assets

= $935,000/$467,500

= 2

Firm J's return on investment can be calculated as follows

ROI= Net income/Average Total assets

= $77,605/$467,500

= 0.166×100

= 16.6%

Hence Firm J's margin, turnover and return on investment is 8.3%, 2 and 16.6% respectively.

3 0

3 years ago

The revenues and expenses of Paradise Travel Service for the year ended May 31, 2018, follow: Accounts Fees earned $1,430,000 Of

vodka [1.7K]

Answer:

Explanation:

Base on the description of the question, we can use the following method to solve the given problem

Prepare a retained earnings statement for the year ended May 31, 2018.

Beginning retained earnings 557000

Change in retained earnings

Add: Net income 191000

Less:Dividend -27000

Ending retained earnings 721000

6 0

4 years ago

Sometimes reactions to prices in oligopolistic markets can result in _________, which occurs when two or more firms compete prim

Ray Of Light [21]

Answer:

B. a price war

Explanation:

A price war -

It is the type of competition between the company selling the similar type of product , or rival companies who tries to reduce the price of the product strategizing in a way to apprehend the wider area of the market , is known as a price war .

Reduction of the price of any goods or commodity is considered to be one of the best method to increase its market share ,

because as soon as the price of any good decreases , the sales automatically increases , as the consumers are always in search of some discounts and good deals .

A price war can be short term , as well as long term .

3 0

4 years ago