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Arlecino [84]
2 years ago
13

For the fed there must be a _____________ between maintaining banking stability for the nation and allowing individual banks to

operate profitably.
Business
1 answer:
bekas [8.4K]2 years ago
7 0

The Fed must establish a balance between maintaining national banking stability and enabling individual banks to make a profit.

<h3>What is Federal Reserve System?</h3>

The central banking system of the United States of America is the Federal Reserve System, generally referred to as the Federal Reserve or just the Fed. The Federal Reserve System is composed of several levels. The Federal Reserve Board, which is comprised of governors selected by the president, oversees it (FRB). Twelve regional Federal Reserve Banks, dispersed across the country's cities, control and supervise independently held commercial banks. Commercial banks with national charters are required to own stock in the local Federal Reserve Bank and have some board member elections.

To know more about Federal Reserve System, visit:

brainly.com/question/3603615

#SPJ4

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Below is information relative to an exchange of similar assets by Grand Forks Corp. Assume the exchange has commercial substance
Dovator [93]

Answer:

c. $(5,000)

Explanation:

Calculation for the record of either gain/(loss)

In Case B

Book Value amount was $39,100

Fair Value amount was $34,100

Hence:

Using this formula

Gain/(loss)= Book Value-Fair Value

Let plug in the formula

Gain/(loss)=$39,100-$34,100

Loss=$5,000

Grand Forks would record a loss of $5,000 because the fair value which is the price the buyer is willing to buy the asset is lesser than than book value amount.

8 0
4 years ago
Problem 08-1A Preparing and analyzing a flexible budget LO P1, A1 [The following information applies to the questions displayed
cricket20 [7]

Answer:

The answer is in the explanation

Explanation:

                                          Phoenix Company

                                          Fixed Budget Report  

                          For the 'fear Ended 31st December 2015  

                                                               Flexible Budget                    Flexible Budget for

                                             Variable Amount      Total Fixed       Unit Sales   Unit Sales

                                              per unit                     cost               of 14,000     of 16,000

Sales at 210 $ per unit (A)             210                                          2940000  3360000

                      Variable cost

Direct Material                             $ 62.00                                 $868,000.00  $ 992,000.00

Direct Labor                                  $ 14.00                                  $196,0000.00 $ 224,000.00

Machinery repairs                        $  3.00                                   $  42,000.00   $ 48,000.00

Utilities                                          $   2.00                                  $  28,000.00  $ 32,000.00

Packaging                                    $    6.00                                 $ 84,000.00    $ 96,000.00

Shipping                                       $    6.00                                 $ 84,000.00   $ 96,000.00

Total Variable Expenses (B)        $ 93.00                                 $1,302,000.00     $1,488,000.00

      Contribution margin (C=A-B)  $ 117.00                            $ 1,638,000.00 $ 1,872,000.00

      Fixed cost

Depreciation                                                    $ 315,000.00     $315,000.00   $ 315,000.00

Plant Management Salaries                           $ 210,000.00      $210,000.00  $ 210,000..

Utilities                                                             $ 180,000.00      $ 180,000.00 $ 180,000.00

Sales Salary                                                     $ 235,000.00      $ 235,000.00 $ 235,000.00

Advertising Expenses                                     $ 100,000.00      $ 100,000.00 $ 100,000.00  

Salaries                                                            $ 241,000.00      $ 241,000.00 $ 241,000.00

Entertainment Expenses                                $ 85,000.00       $ 85,000.00   $ 85,000.00

Total Fixed Expenses (D)                              $1,366,000.00   $1,366,000.00 $ I,366,000.00

                                                                        Net Profit (C-D)   $ 272,000.00 $ 506,000.00  

Variable Cost Per unit= Variable Cost / 150000  

                                Increase in Operating Income if Sales rise to 18000

                                                            Phoenix Company  

                                  Forecast contribution Margin Income Statement

                                          For the year Ended 31st December 2015  

Sales in Units                                                    15,000                  18,000

Contribution Margin Per Unit                    $           117            $          117

Contribution Margin                                   $ 1,755,000         $2,106,000

Fixed Costs                                                 $ 1,366,000         $ 1,366,000

Expected increase in Operating Income  $ 389,000           $ 740,000  

$ 351,000

                               Income (loss) from operation sale is reduced to 12000

                                                            Phoenix company  

                                  Forecast contribution Margin Income Statement

                                          For the year Ended 31st December 2015  

Sales in Units                                                    15,000                  12,000

Contribution Margin Per Unit                    $           117            $          117

Contribution Margin                                   $ 1,755,000         $1,404,000

Fixed Costs                                                 $ 1,366,000         $ 1,366,000

Operating Income                                     $ 389,000           $   38,000  

check the attached image for the correct arrangement of the tables and solution

4 0
4 years ago
Balance Sheet
anyanavicka [17]

Answer:

a.  current ratio  = 1.98

b. average collection period = 32.85 days

c.  debt ratio = 35,56%

d. total asset turnover ratio = 1.11 times

e.  operating profit margin  = 47,50%

f.  inventory turnover ratio = 2 times

Explanation:

a.  current ratio

Current ratio  = Current Assets / Current Liabilities

                     = 3,075,000 / 1,550,000

                     = 1.98

b. average collection period.

Average collection period = Accounts Receivable / (Sales / 365)

                                            = 900,000 / (10,000,000 / 365)

                                            = 32.85 days

c.  debt ratio.

Debt ratio = Interest bearing debt / Total Assets × 100

                 = (700,000+2,500,000)/ 9,000,000 × 100

                 = 35,56%

d. total asset turnover ratio.

Total asset turnover ratio = Sales / Total Assets

                                          = 10,000,000 / 9,000,000

                                          = 1.11 times

e.  operating profit margin

Operating profit margin  = Operating Profit / Sales × 100

                                       = (4,550,000+200,000) / 10,000,000 × 100

                                       = 47,50%

f.  inventory turnover ratio

Inventory turnover ratio = Cost of Sales / Inventory

                                        = 3,000,000 / 1,500,000

                                        = 2 times

7 0
4 years ago
Team operating principles are sometimes included in a project charter to enhance team performance. Which of the following statem
pantera1 [17]

Answer:

d. Operating principles increase team effectiveness and ensure that all parties are aware of what is expected.

Explanation:

Operating Principles are essentially the way that organizations put their values into practice and get things done. Many companies rely on operating principles to get things done faster. They also influence culture and values.

Principles of effective teamwork are:

1. Effective Communication amongst team members.

2. Reliable team members.

3. A good approach to conflict management.

4. Strong and effective leadership.

5.Effective allocation of resources.

6.Mutual respect amongst team members.

7.Constructive working relationship.

8.A positive approach to diversity and equality

7 0
4 years ago
Read 2 more answers
To make a decision resulting in good corporate citizenship, a business should evaluate the decision based on:
Sergio039 [100]

Answer:

All of them

Explanation:

When making decisions, a business should evaluate:

  • Legal implications of each decision : do our decisions comply with all applicable laws and regulation?
  • Public relations impact : how will the public feel about our decision?
  • Safety risks for consumers and employees: does it affect the safety and well being of our employees and customers?
  • Financial implications: does our decision benefit our business?
7 0
4 years ago
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