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KATRIN_1 [288]
4 years ago
14

A state bank receives its charter from the state in which it operates.

Business
1 answer:
pickupchik [31]4 years ago
8 0

Answer:

True

Explanation:

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When the Fed is acting as fiscal agent for the Treasury, it will
Mashcka [7]

Answer:

b. receive and process bids for Treasury securities in preparation for the Treasury's auction of securities.

Explanation:

The Fed and their regional banks are authorized by the Federal Reserve Act of 1913 to act as fiscal agents if the Secretary of the Treasury requires them to do so. Theoretically, this shouldn't be a normal activity, it should only happen on demand of the Secretary of the Treasury.

5 0
4 years ago
Younes Inc. manufactures industrial components. One of its products, which is used in the construction of industrial air conditi
sashaice [31]

Answer:

Contribution margin= $169

Explanation:

<u>First, we need to calculate the total unitary variable cost:</u>

total unitary variable cost= direct material + direct labor + variable overhead + variable selling expense

total unitary variable cost= 38 + 1 + 8 + 4

total unitary variable cost= $51

<u>Now, the contribution margin:</u>

Contribution margin= 220 - 51

Contribution margin= $169

8 0
3 years ago
Gentleman Gym just paid its annual dividend of $3 per share, and it is widely expected that the dividend will increase by 5% per
Anarel [89]

Answer: a. $31.5 ; b. $45.

Explanation:

A. What price should the stock sell at? The discount rate is 15%.

The dividend for the first year will be:

= $3 × (100% + 5%)

= $3 × 105%

= $3 × 1.05

= $3.15

Since Price = D1/Ke - g

Price = 3.15/0.15 - 0.05

Price = 3.15/0.10

Price = $31.5

B. How would your answer change if the discount rate was only 12%?

Price = D1/Ke - g

Price = 3.15/(0.12 - 0.05)

= 3.15/0.07

= $45

The answer changed because the discount rate has been reduced which led to the increase in the answer.

8 0
3 years ago
1. What physical skills develop in the first year?
RSB [31]

Answer:

Rolling on their tummy's, hand- eye coordination, standing up right, and being able to grasp their own shoes are some physical skills that are developed.

Explanation:

babies steadily gain weight and grow in length throughout this first year, often in growth spurts. Cognitive development . This means how the brain forms its abilities to learn and remember.

8 0
3 years ago
SEC Rule 144A permits the resale of non registered securities to all of the following EXCEPT:(A)insurance companies(B)banks(C)mu
Sholpan [36]

Answer:

Option "D" is the correct answer to the following statement.

Individual

Expectation:

Rule 144A permits the resale of licensed shares by the public and tests them if Restricted shares are securities purchased from private, unregistered transactions from companies or organizations. Additional securities that the issuer purchases do not affect the Authority allows market place trading.

So, SEC rule 144A does not permit the resale of non registered securities of the individual.

8 0
4 years ago
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