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4 years ago

Countries outside the united states use financial accounting standards issued by the

1 answer:

3 0

<span>The accounting standards for countries outside the US are issued by the International Accounting Standards Board, otherwise known as IFRS. The United States instead uses the Financial Accounting Standards Board, otherwise known as FASB.</span>

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What is the relationship between changes in the money supply and changes in the reserve requirement

EastWind [94]

Answer:

Reserve requirements have an indirect relationship with the money supply

Explanation:

Reserve requirements are a portion of customer deposits a bank is supposed to keep in its custody at all times. The federal reserve gives guidance on the proposition of reserve requirement that a bank should hold. Reserve requirement is usually a percentage of the deposits. Banks cannot loan out their reserves.

Reserve requirements have an inverse relationship with the money supply in the economy. If the reserve requirement is high, banks will have a lower proposition of customer deposits to loan out. When reserve requirement is low, banks will have a bigger proposition of deposits to loan out, thereby increasing the money supply in the economy.

3 0

4 years ago

15 POINTS-!-!-!<br><br>Inflation increases if people spend less or more?

Anarel [89]

Inflation is an increase in prices so the answer would be more

8 0

3 years ago

Read 2 more answers

Company sells a product for $ 45 per unit. Variable costs are $ 35 per unit, and fixed costs are $ 2 comma 300 per month. The c

worty [1.4K]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

The company sells a product for $ 45 per unit.

Variable costs are $ 35 per unit.

Fixed costs are $ 2300 per month.

The company expects to sell 560 units in September.

A) contribution margin per unit= selling price - variable costs

contribution margin per unit= 45 - 35= $10

B) Total contribution margin= contribution margin*units sold= 10*560= $5600

C) contribution margin ratio= contribution margin/ selling price= 10/45= 0.2222

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3 years ago

Exodus Limousine Company has $1,000 par value bonds outstanding at 15 percent interest. The bonds will mature in 30 years. Compu

nasty-shy [4]

Answer:

if YTM at 4% price : $2,902.1237

if YTM at 8% price : $1,788.0448

The bonds are above face value asthey offer a higher coupon payment than the market yield therefore the bond holders are willing to pay above theri face value

Explanation:

the market price of the bond will be the present value of coupo payment and maturity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 150.000

time 30

rate 0.04

$150 \times \frac{1-(1+0.04)^{-30} }{0.04} = PV\\$

PV $2,593.8050

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 30.00

rate 0.04

$\frac{1000}{(1 + 0.04)^{30} } = PV$

PV 308.32

PV c $2,593.8050

PV m $308.3187

Total $2,902.1237

No we repeat the process with the yield at 8%

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 150.000

time 30

rate 0.08

$150 \times \frac{1-(1+0.08)^{-30} }{0.08} = PV\\$

PV $1,688.6675

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 30.00

rate 0.08

$\frac{1000}{(1 + 0.08)^{30} } = PV$

PV 99.38

PV c $1,688.6675

PV m $99.3773

Total $1,788.0448

7 0

3 years ago

Assume that inflation is high, which of the following functions of money would not be used

Lubov Fominskaja [6]

Answer:

D. store of value is the correct answer.

Explanation:

5 0

3 years ago