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SIZIF [17.4K]
3 years ago
13

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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2. Sunshine Bakery bakes 660 loaves of bread each day and estimates that 10% of the bread will go stale before it is
Alisiya [41]

Answer:

$0.79

Explanation:

The Bakery bakes 660 loaves of bread

The cost of baking one bread= $0.46

The total cost of baking all loaves of bread

= $0.46 x 660

=$303.60

The desired mark up is 55% of cost

=55% of $303.60

=55/100 x $303.60

=0.55 x $303.60

= $166.98

Desired revenues = $166.98 +$303.60

=$470.58

The number of sellable breads= 660 - (10% of 660)

=660-66

=594

Desired income is $470.58; sellable output is 594.

price per bread should be

=$470.58/594

=$0.79222

Price per bread = $0.79

3 0
2 years ago
You have just purchased a car and, to fund the purchase, you borrowed $27,500. If your monthly payments are $515.27 for the next
Naily [24]

Answer: APR of the loan is 2.48%

Explanation:

5 0
3 years ago
Read 2 more answers
Lopez Plastics Co. (LPC) issued callable bonds on January 1, 2018. LPC's accountant has projected the following amortization sch
Schach [20]
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3 0
3 years ago
A dozen eggs cost $0.96 in December 2000 and $2.75 in December 2015. The average wage for workers in private industries was $14.
Tom [10]

Answer:

By 186% the price of a dozen eggs rise.

Explanation:

Given that,

Cost in December 2000 = $0.96

Cost in December 2015 = $2.75

Average wage for December 2000 = $14.28 per hour

Average wage for December 2015 = $21.26

By considering these information, we are able to calculate the increase price percentage of a dozen eggs. The calculation is shown below:

= (December 2015 price - December 2000 price ) ÷ (December 2000 price) × 100

= ($2.75 - $0.96) ÷ ($0.96) × 100

= ($1.79) ÷ ($0.96) × 100

=  186%

Thus, by 186% the price of a dozen eggs rise.

4 0
3 years ago
Megan Company (not a corporation) was careless about its financial records during its first year of operations, 2017. It is Dece
Ilya [14]

Answer:

Megan Company

Analysis of Error and Indication of its effect on 2013 and 2014 Net Income, Assets, and Liabilities:

                  Net Income                 Assets                     Liabilities

            2013          2014          2013        2014          2013      2014

1.           O                                   O

2.          O                U                                                   U

3.          U                O                U

4.          O                U                U

5.          O                U                                                  U

6.          U                                   O

7.                                                U                               U

Explanation:

a) Data and Calculations:

Codes to indicate the effect of each dollar amount: O = overstated, U = understated, and NE = no effect.

The overstatement of Net Income happens when an expense incurred is not recorded in the affected period or a revenue not earned is recognized in the wrong period.  For instance, when depreciation expense for 2013 is not recorded in 2013, the net income is overstated.  We cannot assume that the error is corrected in 2014, according to this question.

6 0
3 years ago
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