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blondinia [14]
3 years ago
10

Balance sheets usually classify assets into at least two major categories: current assets and

Business
1 answer:
astraxan [27]3 years ago
6 0

Answer:

False

Explanation:

Balance sheets relate to balance and expenditure over a period.

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Conclusions and recommendations are the most widely read sections of any report. Conclusions summarize a nd explain your finding
butalik [34]

Answer:

a. When drawing conclusions, make sure you summarize and explain your findings.

b. Tips for writing recommendations:

A. Your recommendations should always be the result of prior logical analysis.

B. Your recommendations should never be in the form of a command.

Explanation:

A good conclusion touches the theme or main topic, summarizes the main points, and connects with the introduction, but with a sense of closure.  Conclusions should be sound and logical.  Irrelevant conclusions are annoying to the senses.  Without a conclusion, the report will sound like one illogical move without clear direction and purpose.

Recommendations should address improvement efforts based on the problem(s) presented in the body of the report.

6 0
3 years ago
20. All banks are required to *
saveliy_v [14]

Answer:

B. maintain reserves

Explanation:

The Federal Reserve expects commercial banks to retain a percentage of customers' deposits in their custody at all times. The amount retained in custody is known as reserves. It means the banks cannot loan out that reserve amount. It should be kept in the bank's vaults or with the Federal Reserve.  

The reserve caters to the regular and unexpected withdrawals. The  Federal Reserve determines the percentage to be retained as reserves. The reserve requirement is also a monetary policy tool for the Federal Reserve.

4 0
3 years ago
6 major jobs of the federal reserve
larisa [96]

clearing checks

acting as government fiscal agent

supervising members bankers

regulate money supply

supply paper currency

setting reserve requirements

3 0
3 years ago
Assume that John's marginal tax rate is 17 percent. If a city of Austin bond pays 10.2 percent interest, what interest rate woul
IRINA_888 [86]

Answer: 12.29%

Explanation:

Municipal bonds are tax exempt and so are attractive for this reason. If John is to be indifferent between the two, the corporate bond would have to offer a return that when adjusted for tax, will give the same return as the municipal bond.

Assume that return is x;

x * ( 1 - 17%) = 10.2%

0.83x = 10.2%

x = 10.2%/0.83

x = 12.29%

8 0
3 years ago
A margin of safety of 30% means that every dollar in revenue generated thirty cents in profit.
ElenaW [278]

Answer:

B) False

Explanation:

Margin of safety measures the percentage difference between actual sales and break even sales.

Margin of safety acts like a buffer zone that the Company can lose before it stops making profits.

Margin of safety is calculated as follows:

Margin of Safety = (Current sales - break even sales) / Current sales

30% margin of safety indicates that the Company can bear to lose 30% of its sales before it reaches to break even level.

Net profit margin of 30% shows that every dollar of sales earns 30 cents in profit.

7 0
3 years ago
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