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dezoksy [38]
3 years ago
5

In 2008, at the depth of the great recession, the fed moved toward a zirp policy when it aimed to keep the federal funds rate be

tween: 2.5% and 3.0% 2% and 2.5% 1.0% and 1.25% 0 and 0.25%
Business
1 answer:
OleMash [197]3 years ago
7 0
The Fed, America's national bank, last brought rates up in June of 2006, by 25 premise focuses to 5.25%. It soon ended up turning around course, as a lodging bust offered route to the Great Recession; since December of 2008, the Fed's benchmark financing cost has been set at in the vicinity of 0.0% and 0.25%.
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On september 1, 2018, fortune magazine sold 660 one-year subscriptions for $74 each. the total amount received was credited to d
Dafna1 [17]
The Company recorded 660 x 74 = $48,840 in deferred revenue. This is a liability account that means they still owe the service or good which they have been paid for. 
Every month, the company records an adjusting entry, recognizing one twelfth of the 48,840, 4,070, because they have earned another month of that deferred revenue by providing the magazine. 
The journal entry on December 31, 2018, will be
Deferred Revenue  4,070
         Revenue                 (4,070)
If this is the first time they've made the entry, then they will recognize earned revenue for Sep, Oct, Nov and Dec, 
Deferred Revenue 16,280
         Revenue                 (16,280)
3 0
3 years ago
You are given an investment to analyze. the cash flows from this investment are end of year 1. $19,340 2. $2,280 3. $26,600 4. $
AleksandrR [38]
PW = FW×(1+i)^-n

PW = $19340×1.15^-1 + $2280×1.15^-2 + $26600×1.15^-3 + $24240×1.15^-4 + $8770×1.15^-5 = $54250.90

hence PW = $54250.90
6 0
3 years ago
Santino bought a book for $23.54 the price of the book was $22. what was the sales tax rate
notka56 [123]
Hi there! The answer is 7%

The price of the book is $ 22.
Santino bought it for $ 23.54.
Therefore, the amount of tax is $ 1.54

Now we can find the sales tax rate by using the following formula:
tax \: rate = \frac{tax}{price \: excluding \: tax} \times 100\%

Filling in gives:
tax \: rate \: = \frac{1.54}{22} \times 100\% = 7\%
3 0
3 years ago
A middleman is Multiple Choice a person or firm whose sole responsibility is bringing a buyer to the last link in the distributi
hichkok12 [17]

Answer:

would you still like me to help you with this question

5 0
2 years ago
Land was acquired in 2018 for a future building site at a cost of $40,000.
maw [93]

Answer:

(A) $40,000

Explanation:

At the time of recording of the fixed assets, the fixed assets should be recorded at purchase cost or historical price

Since in the question, the land was purchased at $40,000. Moreover, for the tax purpose, the land is valued at $27,000 and the qualified appraiser appraise the value at $48,000. The cash payment is also offered for $46,000

But at the time of recording or reported, the balance sheet would show at the purchase price i.e $40,000

3 0
3 years ago
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