All categories

3 years ago

The primary goal of the consumer financial protection bureau is everfi answer

1 answer:

monitta3 years ago

7 0

Their primary goal is To protect consumers by regulating financial products and services.
Without their regulations, many corporations that operate in financial services tend to do several things that would hurt the consumers such as doing inside tradings or not fully disclose their financial situation by opening a fake corporations offshore.

You might be interested in

Babuca Corporation has provided the following production and total cost data for two levels of monthly production volume. The co

xeze [42]

Answer:

Total cost= $2,008,608

Explanation:

Giving the following information:

Production 11,800 units 13,000 units

Direct materials: $761,100 - $838,500

Direct labor: $241,900 - $266,500

Manufacturing overhead: $1,010,800 - $1,035,280

First, we need to calculate the unitary cost for each level of production and choose the lower cost for each:

11,800 units:

Direct material= 761,100/11,800= $64.5

Direct labor= 241,900/11,800= $20.5

Variable overhead= 1,010,800/11,800= $85.66

Total unitary cost= 170.66

13,000 units:

Direct material= 838,500/13,000= 64.5

Direct labor= 266,500/13,000= $20.5

Variable overhead= 1,035,280 /13,000= $79.64

Total unitary cost= 164.64

Total cost for 12,200 units:

Total cost= 12,200*164.64= $2,008,608

6 0

2 years ago

Sarasota Company sells on credits goods that cost $310,000 to Ricard Company for $409,500 on January 2, 2020. The sales price in

swat32

Answer and Explanation:

The journal entries are shown below:

Account Receivable $409,500

To Sales Revenue $367,000

To Unearned Service Revenue $42,500

(Being account receivable is recorded)

Cost of Goods Sold $310,000

To Merchandised Inventory $310,000

(Being cost of goods sold is recorded)

These two journal entries are to be recorded

7 0

3 years ago

Timothy was tasked with creating the budget for the next fiscal year. He had to create a cost-profit analysis report of all the

nlexa [21]

The position held by Timothy within his company is FINANCE MANAGER because in summary, his duty was to produce financial reports (he had to create a cost-profit analysis report of all the current product lines of the company), direct investment activities (he was tasked with creating the budget for the next fiscal year), and develop strategies and plans for the long-term financial goals of their organization (He also had to identify avenues for possible cost reduction in the budget).

3 0

3 years ago

At Bargain Electronics, it costs $30 per unit ($20 variable and $10 fixed) to make an MP3 player that normally sells for $45. A

Burka [1]

Answer:

The special order should be : Accepted

Explanation:

Analysis of whether or not to accept special order

Revenues (3,000 x $25) $75,000

Less Variable expenses :

Costs - Manufacturing (3,000 x $20) ($60,000)

Shipping (3,000 x $3) ($9,000)

Net Income $6,000

Conclusion :

Since Net Income has increased by $6,000 as a result of special order, it should be accepted

6 0

2 years ago

40. If you could live anywhere, where would it be?

ozzi

Answer:

40. Somewhere peaceful surrounded by nature

42. i am actually not sure

5 0

2 years ago