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3 years ago

Banks that are members of the federal reserve have the benefit of?

Business

1 answer:

shusha [124]3 years ago

5 0

Answer:

Earning dividends from stock in the federal reserve

Explanation:

Earning dividends like this can be a small asset over the long period.

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You purchased 200 shares of ABC common stock on margin at $50 per share. Assume the initial margin is 50% and the maintenance ma

anygoal [31]

Answer:

get margin call if stock drop below $35.71

Explanation:

given data

share = 200

margin = $50 per share

initial margin = 50 %

maintenance margin = 30%

to find out

margin call if the stock drops below

solution

we know equity is = 200P - 5000

and here P is margin call if stock drop

margin is express as

margin = $\frac{equity}{share}$ = maintenance margin

$\frac{200P - 5000}{200P}$ = 0.30

200P - 5000 = 60P

P = $\frac{5000}{140}$

P = 35.71

so get margin call if stock drop below $35.71

3 0

3 years ago

Materials Variances Assume that Pearle Vision uses standard costs to control the materials in its made-to-order sunglasses. The

aivan3 [116]

Answer:

A. $163,800

B. $158,400

$5,400 F

C.$7,200 U

D.$12,600 F

Explanation:

A. Calculation to Determine the flexible budget materials cost for the completion of the 5,200 pairs of glasses.

Flexible budget materials cost for the completion of the 5,200 pairs

= 5200 pairs * 2 ounces * $15.75

= $163,800

b. Calculation to determine the actual materials cost incurred for the completion of the 5,200 pairs of glasses

Actual materials cost incurred for the completion of the 5,200 pairs.

= Actual material used * Actual rate

= 9,600 ounces * $16.50

= $158,400

Computation for the total materials variance

Total Material Variance = Flexible budget material cost for actual production - Actual material cost

= $163,800-$158,400

= $5,400 F

c). Calculation to determine How much of the total variance was related to the price paid to purchase the materials

Total variance was related to the price paid to purchase the materials.

Material price variance = (Standard price - Actual price) * Actual quantity

= ($15.75 - $16.50) * 9600 ounces

= $7,200 U

d) Calculation to determine How much of the difference between the answers to requirements (a) and (b) was related to the quantity of materials used

Material quantity variance = (Standard qty for actual production - Actual quantity ) * Standard rate

= (5200 * 2 ounces - 9600 ounces) * $15.75

= (10400 ounces - 9600 ounces) * $15.75

= $12,600 F

6 0

3 years ago

A local bank will pay you $275 at the end of each year for your lifetime if you deposit $4,400 in the bank today. If you plan to

Dima020 [189]

Answer:

Interest rate = 6..3%

Explanation:

<em>An investment that pays a fixed amount for life is called a perpetuity. The worth of a perpetuity today is the present value of the future cash flow. Using the present value of the perpetuity formula, we can work out the interest rate as follows:</em>

PV = A × 1/r

<em>Where PV = present value, r- Interest rate , A- annual cash flow</em>

4,400 = 275× 1/r

cross multiply

4,400 × r= 275

divided both sides by 4,400

r = 275/4400

r= 0.0625 × 100

r= 6.25%

r= 6.3%

Interest rate = 6..3%

5 0

3 years ago

Which of the following is a similarity between an industrial metrologist and a legal metrologist?

avanturin [10]

Answer:

is a

Explanation:

5 0

3 years ago

Purchase

USPshnik [31]

Answer:

The total cost to be capitalized for each of these two pieces of equipment:

Purchase equipment = $180,708

Construction equipment = $678,432

Explanation:

a) Data and Calculations:

Purchase

Cash paid for equipment, including sales tax of $7,400 $155,400

Freight and insurance cost while in transit 2,960

Cost of moving equipment into place at factory 4,588

Wage cost for technicians to test equipment 5,920

Special plumbing fixtures required for new equipment 11,840

Total cost to be capitalized = $180,708

Construction

Material and purchased parts (gross cost $296,000; failed to take 2% cash discount) $296,000

Imputed interest on funds used

during construction (stock financing) 20,720

Labor costs 281,200

Allocated overhead costs:

Fixed $29,600

Variable $44,400 74,000

Cost of installing equipment 6,512

Total capitalized costs = $678,432

8 0

3 years ago