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ValentinkaMS [17]
3 years ago
15

The Federal Reserve District Banks are divided: into geographical regions with the majority of the district banks located in the

eastern half of the United States. geographically to encompass the 12 largest metropolitan and financial areas in the United States. into geographical regions with the same number of states located in each of the districts. evenly geographically to ensure the same amount of area coverage for the regions of the United States.
Business
1 answer:
Oksana_A [137]3 years ago
8 0

Answer:

geographically to encompass the 12 largest metropolitan and financial areas in the United States.

Explanation:

When the Federal Reserve District Banks were to be divided there were huge  discussions on such division but it was later discovered that important places and cities should get their separate divisions.

Accordingly, it was divided into 12 segments which shall cover the most vital economic centres and the most needful shall be served first.

And thus, the metropolitan and financial centres of United States got their area specific divisions.

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Answer:

a)

Explanation:

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3 years ago
According to a summary of the payroll of Sinclair Company, $505,000 was subject to the 6.0% social security tax and $545,000 was
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Answer:

Explanation:

1. The computation is shown below:

State unemployment = $10,000 × 4.2% = $420

Federal unemployment = $10,000 × 0.8% = $80

2. The journal entry is shown below:

Payroll tax expense A/c Dr $38,975

        To Social security tax A/c $30,300    ($505,000 × 6.0%)

        To Medicate tax A/c $8,175    ($545,000 × 1.5%)

        To  State Unemployment tax payable A/c $420

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8 0
3 years ago
67 people of 350 surveyed gave your company five stars. Of men, 40 out of 175 gave your company five stars. Was your company rat
marishachu [46]

Answer:

The company was rated 5 stars more by Men

Explanation:

Given that

General population = 67/350

Men = 40/175

In checking the percentage ratio, we have

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5 0
3 years ago
An employee earns $16 per hour and 1.75 times that rate for all hours in excess of 40 hours per week. assume that the employee w
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Total pay for this week = $16*40 + $16*1.75*10 = $920

Prior Gross pay = 23,200

Total Gross pay = 920 +23,200 = $24,120

Social security = 0.06*24,120 = $1,447.20

Medicare = 0.015*24,120 = $361.80

Federal Tax withheld = $212

Total deductions = 1447.20 +361.80+212 = 2,021

Total Net Pay = 24,120 -2,021 =$22,099

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3 years ago
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