1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BARSIC [14]
3 years ago
15

Legislation defining the mission of the Federal Reserve​ states: "The Board of Governors of the Federal Reserve System and the F

ederal Open Market Committee shall maintain​ long-run growth of the monetary and credit aggregates commensurate with the​ economy's long-run potential to increase​ production, so as to promote effectively the goals of maximum​ employment, stable​ prices, and moderate​ long-term interest​ rates." This is an example of​ a:
A.
dual mandate.
B.
multiple mandate.
C.
single mandate.
D.
hierarchical mandate.
Business
1 answer:
jeka57 [31]3 years ago
5 0

Answer:

dual mandate.

Explanation:

dual mandate -

It is the practice in which the elected officials serves in more than one elected or public position .

In Britain , this term is also referred to as double jobbing .

In some cases , the dual mandate is prohibited by the law , as in the case of the federal states , because the federal office holders are not allowed to hold state office .

Hence  from the question information , the correct option is dual mandate .

You might be interested in
PharmY, Inc., is a U.S. GAAP reporter that is in the pharmaceutical industry. In the current year, PharmY incurred expenditures
Whitepunk [10]

Answer with Explanation:

Tangible assets fall under the scope of International Accounting Standard IAS-36 Property, Plant and Equipment which says that assets that qualify following conditions, must be capitalized:

  • Assets that have life expectancy of more than a year.
  • Benefits of the Assets are controlled by the entity that will flow towards the company.

Now here, the life expectancy of laboratory equipment is unknown and also that we don't know if the asset can be resold in the market or not. This means, if the asset has life expectancy is no more than a year and that the future benefits will flow towards the company then it must be capitalized otherwise it must be expensed out as per the guidelines of International Accounting Standard IAS-38 Intangible Assets, which says that the research cost prior to the development expenditure must be expensed out.

The other two costs are revenue expenditure and must be expensed out under the name research and development cost as per the guidelines of IAS-38.

4 0
2 years ago
g The company plans a 4-for-1 stock split. How many shares will you own and what will the share price be after the stock split?
Nata [24]

Answer: 14,400; $17

Explanation:

Stock splits are a strategy by firms to increase the liquidity of their shares especially when they are trading at a high price. The firm divides the stock by a certain number thus increasing the number of shares by the multiple of the number. This action will divide the price of the stock and thus allow for more trade as they are cheaper.

A 4-for- stock split means that each share will become 4.

Your total number of share will become;

= 4 * 3,600

= 14,400 shares

The new price will be;

= 68/4

= $17 per share

7 0
2 years ago
John borrows $10,000 for 10 years at an effective interest rate of 10%. He can repay the loan using the amortization method with
Ierofanga [76]

Answer:

The balance in the Sinking Fund immediately after repayment of the loan will be $2,133.19

Explanation:

Hi, John will pay the loan by paying the yearly interest and the rest is going to go to the sinking fund, so, if he has $1,627.45 and the annual interest of the loan are $1,000, he will be depositing $627.45 into the sinking fund for ten years. Therefore, the future value of the annual deposits of the sinking can be found by using the following formula.

FutureValue=\frac{A((1+r)^{n} -1)}{r}

Where:

A = equal annual savings into the sinking fund (that is $627.45)

r = effective rate of the sinking fund (14%)

n = 10 years

Everything should look like this.

FutureValue=\frac{627.45((1+0.14)^{10} -1)}{0.14}

Future Value=12,133.19

Now, this is the balance after 10 years, but remember that John has to pay the loan, which is $10,000 (not $11,000 because John pays the interest of the loan and then deposits the balance into the sinking fund). Therefore, the balance after repaying the loan is $12,133.19 - $10,000 = $2,133.19.

Best of luck.

8 0
3 years ago
Harold borrows $20,000 from Alex and signs a note promising to pay Alex this amount plus interest in one year. Alex negotiates t
Tomtit [17]

Answer:

B)

Explanation:

Reese can recover from Alex.

4 0
3 years ago
Bright Minds Toy Company prepared the following sales budget for the second quarter. Projected sales for each of the first three
Verizon [17]

Answer:

Total sales is $1,777,000

Explanation:

                                  April            May              June                       Total

cash sales                $115,000   $77,000         $140,000             $332,000  

sales on account     $455,000  $500,000      $490,000        $1,445,000

Total sales                 $570,000 $577,000      $630.000        $1,777 ,000

Above is the sales analysis for the three months April to June,the total sales in the quarter is $1,777,000 which comprises of both cash sales and credit sales in all of the three months.

Sales does not be cash,as sales is to recognized when the entity making the sale has performed its obligation of delivering the goods to the customers or delivered on  an agreed service.

 

4 0
2 years ago
Other questions:
  • the rapidly evolving world of HR will increasingly require HR professionals to ________. focus exclusively on learning new trend
    6·1 answer
  • If your BAL is at .04
    11·1 answer
  • Calculate the required rate of return for an asset that has a beta of 1.73​, given a​ risk-free rate of 5.3​% and a market retur
    15·1 answer
  • Sandy's Sauces, which produces stir-fry sauces, is developing direct material standards. Each bottle of sauce requires 0.79 kilo
    8·1 answer
  • During 2016, Skechers U.S.A., Inc. had Sales of $3,563.3 million, Gross profit of $1,634.6 million and Selling, general, and adm
    9·1 answer
  • A concentration ratio indicates the:
    9·1 answer
  • IBM expects to pay a dividend of $6 next year and expects these dividends to grow at 4% a year for the foreseeable future. The p
    9·1 answer
  • Managers should _______ in order to empower them, to lead for competence.
    15·1 answer
  • What has happened with the GDP of Indonesia over the past 2 to 3 years?
    5·1 answer
  • The CM ____ is responsible for overseeing the actions of the crisis management team and coordinating all crisis management effor
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!