1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DENIUS [597]
3 years ago
10

The FDIC's role in insuring the deposits in banks is an example of the direct role of the government.

Business
1 answer:
marysya [2.9K]3 years ago
5 0

<u>Answer:</u>

<em>True </em>

<em></em>

<u>Explanation:</u>

The FDIC's purpose was to give strength to the economy and the bombing banking framework. Authoritatively made by the Seagull Act of 1933 and displayed after the store protection program at first authorized in Massachusetts, the FDIC ensured a particular measure of checking and reserve funds stores for its part banks.

The most critical of these new laws were the DMCA act. These laws approved the disposal of loan fee roofs, loosening up confinements on loaning and overruling the usury laws of individual states.

You might be interested in
Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest wil
QveST [7]

Answer:

Present Value= $180,000

Explanation:

Giving the following information:

The bequest will provide $9,000 in the first​ year and will grow by 5​% per​ year, forever.

Interest rate= 10%

To calculate the present value of this perpetual annuity with a growing rate, we need to use the following formula:

PV= Cf/ (i-g)

Cf= cash flow= 9,000

i= 0.10

g= 0.5

PV= 9,000/ (0.10 - 0.05)= $180,000

7 0
3 years ago
Can someone pls help me ASAP due today and I will mark brainlist
JulijaS [17]

Answer:

Report her to my boss/ manager

No. You should not call in fake sick, unless you would like to get fired

Wait until you have some down time to call her real quick, right now, you have work that needs to be done

keep the money

Report your coworker or demand they pay for it

4 0
3 years ago
Lindon company is the exclusive distributor for an automotive product that sells for $40 per unit and has a cm ratio of 30%. the
DIA [1.3K]
1)The cm ratio<span> is the difference between a company's sales and variable expenses (expenses proportional to units produced), expressed as a <span>percentage. Hence, we have that the costs of the product per unit are 70%= 100%-30% of the unit income, thus they are 40*70%=28$. Thus, the variable expenses per unit are 28$.
2) In order to break even, they have to make profit of 180000$ from sales. Each unit gives a profit of 12$=40$-28$ (unit profit). Hence, in order to make a profit of 180000$, the have to sell 180000/12=15000 units. Those units will bring in sales of 40*15000=600000$. We also have that if the company wants to make a net profit of 60000$, the profit from the unit sales needs to be 240000$ in total. Hence, they will need 240000/12=20000 units and the sales will be 40*20000=800000$ at that point.
3) Let us calculate the new cost. It is obviously 28-4=24$. The new profit margin per unit is 40-24=16$. Hence, to break even this time they will need only 180000/16=11250 units. They will be sold for 40*11250=450000$ in total. To make that additional profit of 60000$, they will need to sell 60000/16 more units, hence 3750 more units. This means that they need to do an additional 150000 dollars in sales. With the new variable cost, to achieve profit of 60000 they need to sell 11250+3750=15000 units and they will cost 600000$


</span></span>
5 0
3 years ago
Falling barriers to international trade destroy manufacturing jobs in wealthy advanced economies. Discuss this statement. Do you
Ray Of Light [21]

Answer:

Yes. I agree

Explanation:

Due to a fall in barriers to international trade, <u>companies in wealthy advanced economies now find it easier to move their manufacturing activities to other countries</u> with lower labor rates so that they can reduce their manufacturing costs.

This move means that manufacturing companies in the wealthy advanced economies have reduced job opportunities and as such, workers in this industry will suffer.

7 0
3 years ago
During the quarter ended 3/31/2015, Clarke Biscuits Inc. collected $100 of cash from customers, paid $60 of cash to suppliers, p
Anika [276]

Answer:

$20

Explanation:

Given that,

Cash collected from the customers = $100

Cash paid to suppliers = $60

Cash paid to employees and other creditors = $20

Depreciation expense = $10

Therefore,

Clarke’s Cash Flow from Operations during the quarter ended 3/31/2015:

= Cash collected from the customers - Cash paid to suppliers - Cash paid to employees and other creditors

= $100 - $60 - $20

= $20

3 0
3 years ago
Other questions:
  • Larry’s Lawn Services provides custom landscaping for homes and businesses and uses job order costing to capture the cost of its
    9·1 answer
  • These people are redefining what it means to be a celebrity by being approachable, conversational, and authentic to millions of
    10·1 answer
  • A general manager should: select one:
    10·1 answer
  • According to your Markel text, which of the following statements is true?a. Memos are commonly written to people outside your ow
    8·1 answer
  • The finance balance sheet is
    10·1 answer
  • You inherited 500 shares of ge stock from your great aunt martha. as you contemplate selling the shares, your accountant informs
    14·1 answer
  • Unlimited wants + limited resources = what is the answer?
    11·1 answer
  • Mary beth owns a rental house. her current tenant, carl, signed a two-year lease and moved into the house in january of last yea
    7·1 answer
  • 50 Brainly points plz help
    14·1 answer
  • What accounts are closed during the closing process? Please answer in complete sentences
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!