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3 years ago

Changes in reserve requirements to conduct monetary policy is generally not a good idea for the United States because:

1 answer:

8 0

Answer: this tool is powerful and makes it difficult for bank managers to plan for the future and manage funds as they like.

Explanation:

Reserve requirements are the amount of money that a bank holds in its reserve to ensure that it can meet liabilities in the case of sudden withdrawals. The reserve requirement is a tool that is used by the central bank of a country to either increase or decrease the money supply in the economy and also influence interest rates.

The changes in reserve requirements to conduct monetary policy is not a good idea for the United States because it is a powerful tool which makes it hard for bank managers to make future plans and manage funds as they want. In a situation whereby small variation in the reserve ratio brings about huge changes in an economy, the changes are positive and okay but in a situation whereby they bring about negative effect, it will be hard to face such scenarios.

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In a crosstabulation

alekssr [168]

Answer: D - both variables must be categorical

Explanation: Crosstabulation is a technique used in the examination of 2 categorical variables. It is also known as contingency table analysis.

Crosstabulation is an analytic and useful tool in marketing research.

It creates a good relationship between the variables with its unique naming. its variables have a low chance of standing alone.

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3 years ago

Beverly decides to go on a great trip to Hawaii. She needs someone, however, to take care of her two dogs, Creaky and Toady, whi

Gnesinka [82]

Answer:

d. She is discharged from performance because of impossibility of performance.

Explanation:

Alice's refusal to keep Creaky and Toady can be based on fact that She is discharged from performance because of impossibility of performance. Discharge of contract by impossibility of performance usually occurs when the contractual duty cannot be performed due to unforeseen and uncontrollable circumstances, such as death, illness etc, which can lead to the party been released from a contract on the ground that such uncontrollable circumstances have rendered performance impossible.

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4 years ago

With the increased usage of cell phone services, what should we expect to have happened to the price elasticity of demand for la

adell [148]

Answer:

It has become more price inelastic

Explanation:

Elasticity of demand for any good can be defined as degree of responsiveness of any good with respect to change in demand factors like price or income. Hence it signifies consumer sentiments as how will the goods demand change when there is change in price.

Highly elastic goods mean that with slight change in price there is large change in demand of good.

Highly inelastic goods mean any change in demand factor like income, price will not affect the demand of the goods.

Now going for landlines telephone. With the widespread use of mobiles phones, usage of landline phones has decreased significantly. Hence any change in price for landlines is not going to affect it demand as very few people are using it.

Using the above mentioned rational we can say that It has become more price inelastic is the most suitable answer.

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3 years ago

The current asset section of the Excalibur Tire Company’s balance sheet consists of cash, marketable securities, accounts receiv

Kobotan [32]

Answer:

Current Assets = $2,210,000

Shareholders Equity = $1,000,000

Non-Current Assets = $690,000

Long-term Liabilities = $1,050,000

Explanation:

Current Assets

Current Ratio is Current Assets divided by Current Liabilities.

Acid Test Ratio is Current assets less inventory divided by Current Liabilities.

Equating the two we have,

Current Assets / Liabilities - (Current Assets - Inventory) / Current Liabilities = 2.60 - 1.60

(Current Assets - Current Assets - 850,000 ) / Current Liabilities = 1

850,000/Current Liabilities = 1

Current Liabilities = $850,000

With Current Liability known, Current Assets can be calculated using the Current Ratio.

2.60 = Current Assets / Current Liabilities

2.60 = Current Assets / 850,000

Current Assets = $2,210,000

Shareholders Equity

Debt to Equity Ratio of 1.9 is given.

Formula for Debt to Equity ratio is,

= Total Liabilities / Shareholders Equity

Total Assets which is given can be calculated as,

Total Liabilities + Shareholders Equity = Total Assets

Total Liabilities + Shareholders Equity = 2,900,000

Denote Shareholders Equity as s,

Shareholders Equity being denominator means that it goes into Liabilities 1.9 times (Debt to Equity Ratio)

Therefore,

1.9s + s = 2,900,000

2.9s = 2,900,000

s = $1,000,000

Shareholders Equity = $1,000,000

Non-Current Assets

Non - Current Assets = Total Assets - Current Assets

= 2,900,000 - 2,210,000

= $690,000

Long-term Liabilities

Liabilities and Equity fund the company assets.

Total Assets = Shareholders Equity + Current Liabilities + Long-term Liabilities

Long Term Liabilities = Total Assets - Shareholders Equity - Current Liabilities

= 2,900,000 - 1,000,000 - 850,000

= $1,050,000

Long-term Liabilities = $1,050,000

3 0

3 years ago

The standard cost card of a particular product specifies that it requires 4.5 direct labor-hours at $12.80 per direct labor-hour

ollegr [7]

Answer:

Total Labor Variance

rate variance $21,460.00 F

efficiency variance $(17,280.00) U

Total Labor Variance 4,180.00 F

Explanation:

$(standard\:rate-actual\:rate) \times actual \: hours = DL \: rate \: variance$

std rate $12.80

actual rate $10.97 (128,300 actual cost /11,700 actual hours)

actual hours 11,700

difference $1.83

rate variance $21,460.00

The difference between actual rate and standard rate is positive, the labor hour cost less. the variance is favorable

$(standard\:hours-actual\:hours) \times standard \: rate = DL \: efficiency \: variance$

std hours 10350.00 (2,300 units x 4.5 hours per unit)

actual hours 11700.00

std rate $12.80

difference -1350.00

efficiency variance $(17,280.00)

The difference is negative, it takes more hours than expected to produce te 2,300 units the variance is unfavorable

Total Labor Variance

rate variance $21,460.00

efficiency variance $(17,280.00)

4,180.00

3 0

3 years ago