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2 years ago

A dilemma challenging the existing structure of the European Central Bank (ECB) has been brought on by: Part 2

1 answer:

5 0

defining and implementing monetary policy. conducting foreign exchange operations. holding and managing the euro area's foreign currency reserves. promoting the smooth operation of payment systems.

<h3>What is foreign currency reserves?</h3>

Foreign Exchange Reserves are cash and other reserve assets, such as gold, held by a central bank or other monetary authority and used primarily to balance a country's accounts, influence the foreign exchange rate of its currency, and maintain financial market confidence.

Foreign exchange reserves are a country's emergency funds in the event of an emergency, such as a rapid depreciation of its currency. Countries use foreign currency reserves to maintain a fixed rate of value, maintain competitively priced exports, remain liquid in the event of a crisis, and provide investors with confidence.

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On January 5, 2020, Sheffield Corporation received a charter granting the right to issue 5,100 shares of $100 par value, 7% cumu

andrew11 [14]

Answer:

Sheffield Corporation

Journal Entries

Date Description DR CR

Jan 11 Cash 292,500

Common stock 195,000

Paid in Capital for common stock 97,500

<em>Being the amount received on issue of </em>

Feb 11 Equipment 53,300

Factory Building 152,000

Land 295,000

Prefereed stock 410,000

Paid -in -capital for Preferred stock 90,300

July 29 Treasury stock 25,600

Cash 25,600

Being the payment of own share purchased

Aug 10 Cash 22,400

Retained Earnings 3,200

Treasury stock 25,600

Dec 31 Retained earnings 10,025

Dividend(0.35*19500) 6,825

Treasury stock 3,200

Dec 31 Net Income ( Income Summary) 158,400

Retained Earnings 158,400

Balance sheet as at Dec 31

Equity

Common stock at $10 par value $195,000

7% Preferred Stock 410,000

Paid in capital for common stock 97,500

Paid in capital for Preferred stock 90,300

Retained Earnings ( 158,400-6825-3200) <u> 148,375</u>

Explanation:

4 0

3 years ago

Which of the following is an example of a negative externality?a. bad weather reduces the size of the wheat cropb. a reduction i

wlad13 [49]

Answer:<em> Negative externality is defined as the cost that is incurred by a individual who isn't involved in the economic transaction.</em>

In the above question, the following is the example of negative externality: <u><em>smoking harms the health of nonsmokers who are nearby.</em></u>

Here, the cost is incurred by the nonsmokers who are standing nearby individuals who prefer smoking. Thus creating negative externality.

<u><em>Therefore, the correct option is (c)</em></u>

7 0

3 years ago

OKRs can be executed in stages. The first stage would be keyed to a deadline and then then once the project is completed and run

DerKrebs [107]

Answer:

b) false

Explanation:

OKR is a goal-setting method used by companies. It is impleemented using following steps

Communicate the OKR
Choose a tool used for OKR
Organize the Company's OKR
Set the company's OKR
Set every single OKR for teams, departments and Individuals
Make the changes in OKR if required
Approve the OKR
Evaluate the OKR at each period end.

So, the OKR cannot be implemented in a single step and it requires multiple steps.

Hence the given statement is false.

4 0

3 years ago

Job 148 requires $12,000 of direct materials, $6,700 of direct labor, 550 direct labor hours, and 270 machine hours. It also req

taurus [48]

Answer:

b. $26,740

Explanation:

The computation of the total amount of overhead allocated is shown below:

overhead allocated is

= (actual direct labor hour × overhead rate per direct labor hour) + (Actual machine hour × overhead rate per machine hour)

= (550 × 28) + (270 × 42]

= $15,400 + $11,340

= $26,740

hence, the total amount of overhead allocated is $26,740

6 0

3 years ago

Anticipatory and response-based business models are the two ways used by firms to fulfill customer requirements. However, keepin

SashulF [63]

Anticipatory business model is the business type where everything is pre-defined and Response based business model is the one which have reduced the forecasting by joint planning.

<h3>What are types of business models?</h3>

There are various kinds of business model, which business performs these days, it also depends upon the range of customers the business is dealing with. Some of the hem are-

Bundling model. ...

Freemium model. ...

Razor blades model. ...

Product to service model. ...

Crowdsourcing model. ...

One-for-one model. ...

Franchise model. ...

Distribution model.

Thus, both the business model concentrate on different things.

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5 0

2 years ago

A dilemma challenging the existing structure of the European Central Bank​ (ECB) has been brought on​ by: Part 2

A dilemma challenging the existing structure of the European Central Bank (ECB) has been brought on by: Part 2