The lasting impact resulting from 20th-century banking reforms in the United States is "the reforms approved the Board to determine reserve requirements and interest rates for deposits at member bank."
The banking reforms made in the 20th century in the United States are many, and many of these reforms are still applicable today.
Some of the lasting effects of these reforms include the following:
The Board of Governors to determine the monetary policy.
The reforms established the Federal Deposit Insurance Corporation.
The reforms also separate commercial banks from investment banks.
Hence, in this case, it is concluded that the many banking reforms made in the 20th century still exist today.
Learn more here: brainly.com/question/12008240
Answer:
700
Explanation:
The condition for maximizing profits is Marginal cost = Price.
1. We need to calculate the marginal cost, which is the first derivative of the total cost function.
- marginal cost = (TC=10000+0.04q2=) '
2. Now, we equalize the MC to the price and solve for q.
0.08q=56
q=56/0.08
<h2>
q=700</h2>
I think the answer is true because it is the total value of produced and services provide in a given year
This is the presentation of the income statement of
Builtrite in order to compute the net income:
Sales $700,000
Less: COGS $280,000
Gross Profit $420,000
Less: Operating expenses ($700,000 x 25%) $175,000
Dividends
expense $25,000
Capital loss $70,000 $270,000
Total $150,000
Add: Dividend income $40,000
Capital gain $55,000 $95,000
Net income $245,000
Answer:
The Bad Debt expense will be in year 1;
Explanation:
The Bad Debt Expense $45,000*1%=$450
The journal entry will be
Bad Debt Expense Dr.$450
Account Receivable Cr.$450
