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Neko [114]
3 years ago
8

Distinguish between the central bank rate and the commercial bank's lending rate. What are these two rates referred to as, in so

uth Africa? ​

Business
1 answer:
Svet_ta [14]3 years ago
7 0

the bank which monitors,regulates amd control the financial system of the economy is known as central bank whereas commercial bank is the banker to the citizen

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Harrelson Company manufactures pizza sauce through two production departments: Cooking and Canning. In each process, materials a
riadik2000 [5.3K]

Solution:

Instructions Journalize the April transactions:

Date                           Account Titles and Explanation

4/30                              Work in Process—Cooking

                                     Work in Process—Canning

                                                     Raw Materials Inventory

4/30                              Work in Process—Cooking

                                     Work in Process—Canning

                                                              Factory Labor

4/30                             Work in Process—Cooking

                                   Work in Process—Canning

                                                  Manufacturing Overhead

4/30                             Work in Process—Canning

                                    Work in Process—Cooking

Cooking and out the debits

Debit                               Credit          

22,800

10,900                             33,700      

9,400

7,230                              16,630

33,800

28,100                            61,900

55,900                          

                                      55,900

6 0
3 years ago
Matthew's Fish Fry has a monthly target operating income of $7,200. Variable expenses are 60% of sales and monthly fixed expense
irina [24]

Answer:

The answer is C) 1.25

Explanation:

Operating Leverage= (operating income + fixed expenses) / operating income

Operating Leverage= ($7,200 + $1,800) / $7,200= 1.25

5 0
3 years ago
What amount needs to be invested today at 6% simple interest in order to have $4000 in 2 years?
garri49 [273]
Data:
A (amount) = ?
P (Principal) = $ 4000
r (rate) = 6% → 0.06
t (time) = 2 years

Formula:
A = P(1+r*t)

Solving:
A = P(1+r*t)
A = 4000(1+0.06*2)
A = 4000(1+0.12)
A = 4000*1.12
\boxed{\boxed{A = \$\:4480}}\end{array}}\qquad\quad\checkmark


4 0
3 years ago
Which characteristic describes the privatization of Social Security?
aalyn [17]
<span>The characteristic that describes privatization of Social Security is option C) enables Americans to invest their Social Security Contributions in the stock market. This is the most accurate option but still not wholly accurate. There are different proposals for privatizing. Most would have the existing funds used to buy into the market and then the individual person would have different options for how their own funds were then handled within the market. For instance they could take over control of their fund and buy/sell their various shares. Or they could move their shares to be handled by an investment company, or even just leave them in the original shares that were bought by the government during the transition to privatization. Bottom line, the individuals would have some control of there shares in the stock market.</span>
7 0
3 years ago
Read 2 more answers
What is the cost when someone borrows money from someone else?.
PSYCHO15rus [73]

The cost when someone borrows money from someone else is known as interest.

<h3>What is interest?</h3>

Interest rate is the cost of borrowing. It is the amount the borrower pays the lender for use of their funds. It is usually a function of the amount borrowed, length of the loan and the interest rate.

For example, if a person borrows $1000 for 1 year at an interest rate of 10, the interest that would be paid is: $1000 x 0.1 = $100.

To learn more about interest rate, please check: brainly.com/question/14935026

8 0
2 years ago
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