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3 years ago

The central bank of the united states is often called the banks' bank. what is it

Business

2 answers:

WARRIOR [948]3 years ago

6 0

The central bank of the United States, also known as the bank's bank is "The Federal Reserve"

klasskru [66]3 years ago

3 0

Answer:

The central bank of the United States is often called the "Federal reserve bank".

Explanation:

In the United States, the three primary functions or goals which are played by the Central Bank are such as:

The Central Bank of the United States is responsible for providing financial services.
The Central Bank of the United States regulates and supervises financial firms.
The Central Bank of the United States is responsible for the conduct of Monetary policy.

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A process cost accounting system is most appropriate when

mixer [17]

Answer:

When Manufacturing of a Product involves several processes.

Explanation:

When several processes are involved in manufacturing a product, costs need to be accumulated in these processing departments. Thus, A process cost accounting system is most appropriate

4 0

3 years ago

A manufacturing company producing medical devices reported $59 million in sales over the last year. At the end of the same year,

kaheart [24]

Answer:

The inventory TO is 3.6875

Explanation:

$\frac{Sales}{Average Inventory} = $Inventory Turnover$

where:

$$$Average Inventory=(Beginning Inventory + Ending Inventory)/2$

Considering there is not sufficient information to calculate the begining inventory <u>we are going to work only with the ending inventory </u>so:

$\frac{59,000,000}{16,000,000} = 3.6875$

The inventory TO is 3.6875 This means the company sales their inventory almost 4 times per year.

4 0

4 years ago

Interest is: A- charge for lending money to a bank B-the amount owed for borrowing money C-the amount added into your savings wh

KIM [24]

B.when you take a loan out for something the faster you pay it off the less interest you have to pay

8 0

3 years ago

The Murdock Corporation reported the following balance sheet data for 2018 and 2017: 2018 2017 Cash $91,805 $30,755 Available-fo

worty [1.4K]

Answer:

net income $63,000

+ depreciation $51,700

- gain on sale of equipment ($1,650)

change in current assets:

- increase in accounts receivables ($13,050)

- increase in inventory ($21,300)

+ decrease in prepaid insurance $630

change in current liabilities:

- decrease in accounts payable ($73,630)

- decrease in salaries payable ($5,800)

- decrease in notes payable ($51,300)

<u>net cash provided by operating activities ($51,400)</u>

Explanation:

2018 2017

Available-for-sale debt securities (not cash equivalents) 22,000 98,000 INVESTING ACTIVITY

Accounts receivable 93,000 79,950 = -13,050

Inventory 178,000 156,700 = -21,300

Prepaid insurance 2,670 3,300 = 630

Land, buildings, and equipment 1,276,000 1,138,000, INVESTING ACTIVITY

Accumulated depreciation 623,000 585,000 = 38,000 + 13,700 = 51,700

Accounts payable $88,040 $161,670 = -73,630

Salaries payable 25,200 31,000 = -5,800

Notes payable (current) 36,700 88,000 = -51,300

Bonds payable 213,000 0 FINANCING ACTIVITY

2) Equipment costing $20,000 with a book value of $6,300 was sold for $7,950 = 13,700 added to accumulated depreciation, -1,650 gain on sale

3 0

3 years ago

What is the term for something that is produced by the mind, such as new invention that was commercial value?

mr_godi [17]

I just got a great idea?

6 0

3 years ago