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3 years ago

What is the subject of federal open market committee decisions?

1 answer:

7 0

What is the subject of federal open market committee decisions? Level of interest rates and growth of the money supply. The federal open market committee makes decisions that they think will growth the supply of money within our economy and keep interest rates at an affordable level. This committee is part of the Federal Reserve Board that meets often to set the monetary policy and interest rates charged to banks.

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The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance

Virty [35]

Answer:

Bank reconciliation:

Bank balance Augusts 31 $18,340

+ Deposits in transit $2,830

- Outstanding checks $3,520

Reconciled bank account $17,650

Cash balance reconciliation:

Cash balance August 31 $17,350

+ Error in recording check $360

- Bank fees $60

Reconciled cash account $17,650

B) Cash account balance $17,650

5 0

2 years ago

How are business entrepreneurs and social entrepreneurs different?

julia-pushkina [17]

Both approaches fulfill a need in the market and aim to earn a sustainable profit. The main difference is that social entrepreneurship focuses beyond simply generating a profit, and measures its performance on the positive impact the business makes on society – whether social, cultural or environmental.

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2 years ago

Read 2 more answers

At the beginning of the year, the balance in Allowance for Doubtful Accounts is a credit of $760. During the year, $120 of previ

Mekhanik [1.2K]

Answer:

=$140

Explanation:

At the beginning of the year, the account had a credit(positive balance of $760)

Previously bad debt that has been reinstated, $120

The new balance will be $760 + $120 = $860

adjusting for the written-off accounts

=$860 - $740

=$140

3 0

3 years ago

Vbjmgoihmoimgmohmglomk

Allisa [31]

Answer:

jhbakdjsbcuejshcnsbdgshsk

Explanation:

1.bfhejeksk

2.bdhdjddkss

3.bfeiwofn

lol

8 0

3 years ago

Compute the yield to maturity of a $100 face value zero-coupon bond that matures in exactly one year and has a current market pr

Step2247 [10]

Answer:

Yield to maturity is 1.51%

Explanation:

Zero Coupon rate does not offer any coupon payment and it is issued at deep discount value.

Face value = F = $100

Price = P = $98.50

Year to mature = n = 1 year

Yield to maturity = ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = ( $100 - $98.5 ) / 1 ] / [ ( $100 + $98.5 ) / 2 ]

Yield to maturity = $1.5 / 99.25

Yield to maturity = 0.0151

Yield to maturity = 1.51%

5 0

3 years ago