All categories

2 years ago

What are the three major responsibilities of the federal reserve?

2 answers:

6 0

The federal reserve influences U.S. monetary policy by influencing money and credit in the pursuit of full employment and stable prices. The Fed (Federal Reserve) also supervises the activities of banks and financial institutions to protect the safety of the financial industry. The Fed also provides financial services to the U.S. Government and generally oversees the nations payment system. And overall the Fed seeks to sustain and maintain the financial system by preventing and protecting against risk.

Black_prince [1.1K]2 years ago

4 0

<span>1. Providing effective payments systems
2. Regulating banking operations
3. Developing monetary policy</span>

You might be interested in

Presented below are three revenue recognition situations. (a) Groupo sells goods to MTN for $901,000, payment due at delivery. (

LekaFEV [45]

Answer:

Groupo

Transaction Price When Revenue should be recognized

a. $901,000 the delivery date

b. $879,000 the sales date

c. $443,000 the sales date

c. $37,000 in the period interest is earned.

Explanation:

1) Data and Analysis:

a. Delivery date: Cash $901,000 Sales Revenue (MTN) $901,000

b. Sales date: Accounts receivable (Grifols) $879,000 Sales Revenue $879,000

c. Sales date: Accounts receivable (Magnus) $480,000 Sales Revenue $443,000 Deferred Interest Revenue $37,000

2) According to the IFRS 15 and ASC 606, Revenue from Contracts with Customers, revenue should be recognized when performance obligations have been met.

8 0

2 years ago

Sophie's credit card has an APR of 19 percent. What is the periodic rate?

In-s [12.5K]

Her daily periodic interest rate is 0.05%, her monthly periodic interest rate is 1.58%, and her semiannually periodic interest rate is 9.5%.
APR stands for the annual percentage rate of an interest rate of a person. The periodic interest rate is the portion of an annual percentage rate based on a specified period such as daily, monthly, and semi-annually. The Periodic interest rate is calculated by dividing the APR by the specified period such as 365 for the daily period, 12 for the monthly period, and 2 for the semi-annual period<span>.</span>

3 0

2 years ago

Entry for Factory Labor Costs A summary of the time tickets is as follows: Job No. Amount 100 $3,460 101 2,870 104 5,260 108 5,9

trapecia [35]

Answer:

DR Work in Progress Account $39,650

DR Factory Overhead Account $18,440

CR Wages Payable $58,090

(To record factory Labor Costs)

Workings

Work in Progress

Standard policy is to send the direct cost of Labor to the Work in Progress Account.

The Total direct cost of labor are all of the above except the Indirect cost.

= 3,460 + 2,870 + 5,260 + 5,950 + 3,630 + 2,380 + 16,120

= $39,650

8 0

3 years ago

A five-year project has a projected net cash flow of $15,000, $25,000, $30,000, $20,000, and $15,000 in the next five years. It

riadik2000 [5.3K]

The value of Net present value is $12,895.45.

Given that

initial investment = $50,000

1st-year cash flow = $15,000

2nd-year cash flow =$ 25,000

3rd-year cash flow =$ 30,000

4th-year cash flow = $20,000

5th-year cash flow = $15,000

rate = 20%

using formula

$NPV = \frac{R}{({1+i})^t}$

$NPV = \frac{15000}{({1+0.20})^5}\\NPV = 12895.45$

<h3>What is Net Present value?</h3>

The current value of a future stream of payments from a business, project, or investment is determined using net present value, or NPV.
You must predict the timing and size of future cash flows in order to determine NPV, and you must choose a discount rate that is equal to the least allowable rate of return.
Your cost of capital or the rewards offered by substitute investments with comparable risk may be reflected in the discount rate.
Positive NPV indicates that the rate of return on a project or investment will be higher than the discount rate.
to learn more about Net present value with the given link

brainly.com/question/14293955

#SPJ4

4 0

1 year ago

Which of the following is true regarding externalities? Group of answer choices Externalities can only be corrected with governm

Valentin [98]

Answer: Externalities occur when the actions of an individual or group spill over onto others, without their consent.

Explanation:

By definition, an Externality is the effect of an action by an individual or group that spills over onto third parties without their consent.

Externalities can be either negative or positive. A positive externality for instance would be bees from a bee farm pollinating flowers in the environment.

A negative externality would be air pollution from China for instance contributing to global warming effects experienced in Northern Africa.

5 0

2 years ago