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Komok [63]
2 years ago
14

The primary goal of the federal reserve system is to

Business
2 answers:
sveta [45]2 years ago
8 0
In a sense, issue T-bonds (treasury bonds), CD's (certificate of deposits) And perform the regular jobs of much smaller banks
hope this helps ~Breezy. (FMOI:@fwbreezy)
torisob [31]2 years ago
3 0
I believe it would be stability in the financial system! 
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Luke Corporation issued at a premium of $5,000 a $100,000 bond issue convertible into 2,000 shares of common stock (par value $2
In-s [12.5K]

Answer:

Face Value of Bonds = $100000

Unamortized Premium = $2000

Conversion of Equity Shares = 2000 * $20 = $40,000

Paid in Capital in Excess of Par = $100000 + $2000 - $40000 = $62000

            Journal Entries

Account Title & Explanation     Debit     Credit

Bond Payable Account            $100000

Unamortized Premium             $2000

    Common Stock                                     $40000

    Paid in Capital in Excess of par           $62000

(To record conversion of Bonds)

8 0
3 years ago
Why does the federal reserve choose to increase the money supply?
SVETLANKA909090 [29]

To control the supply of money to help stabilize the economy

Explanation:

An increase in the supply of money works both through lowering interest rates, which spurs investment, and through putting more money in the hands of consumers, making them feel wealthier, and this stimulates spending.

7 0
2 years ago
Turrubiates Corporation makes a product that uses a material with the following standards:
mafiozo [28]
Letter B I believe sooooo
3 0
2 years ago
Carrigan has just launched his new business. He has great plans for expansion later but for now, the most appropriate and effect
rewona [7]

Answer:

one product strategy

Explanation:

Based on the information provided within the question it can be said that the best strategy in this situation would be a one product strategy. This is a business strategy in which the company focuses on a single flagship product and making it sell as much as possible before diversifying into other products. This prevents the company from being overwhelmed with various products and instead allows them to focus and one and grow the product as well as the company.

3 0
3 years ago
Joshua borrowed $1,400 for one year and paid $70 in interest. The bank charged him a service charge of $12. If Joshua repaid the
Katen [24]

Answer: 10.81%

Explanation:

The annual percentage rate is the percentage cost of credit on yearly basis.

APR will be calculated

= [(2 x n x I) /( P x ( N + 1)]

where,

n = number of months = 12

I = Finance cost = Interest + service charge = $70 + $12 = $82

P = Borrowed amount = $1,400

N= Loan period = 12

We'll then slot the values into the annual percentage rate (APR) formula and this will be:

= ( 2 x n x I) /( P x ( N + 1))

= ( 2 x 12 x 82) /( 1400 x ( 12 + 1))

= 0.1081

=10.81 %

5 0
3 years ago
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