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denis-greek [22]
3 years ago
15

The primary purpose of the FDIC is to reduce the potential for A. bank runs. B. reserve cheating. C. government regulations. D.

excessive interest rates.
Business
1 answer:
kupik [55]3 years ago
6 0

Answer:

A. bank runs

Explanation:

The federal deposit insurance corporation insures the deposits of customers of deposit institutions in the US.

They provide stability to financial institutions and increases the confidence of the public in financial institutions. This reduces banks runs.

I hope my answer helps you

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Mystic Laboratories reported total assets of $11,200,000 and noncurrent assets of $1,480,000. The company also reported a curren
Anastasy [175]

Answer:

$6,480,000

Explanation:

The computation of the amount of the current liabilities is shown below:

Total assets of $11,200,000

Less: Noncurrent assets $1,480,000

Current Assets = $9,720,000

Now as we know that

Current ratio  = Current Assets ÷ Current Liabilities

Current Liabilites is

= $9,720,000 ÷ 1.5

= $6,480,000

hence, the current liabilities is $6,480,000

3 0
3 years ago
The career area of chemistry which is involved in the manufacturing of products is: - marketing - R&D - product development
AlekseyPX

Answer:

The correct answer is Chemical production.

Explanation:

The chemical industry deals with the extraction and processing of raw materials, both natural and synthetic, and their transformation into other substances with different characteristics than they originally had, to meet the needs of people, improving their quality of life. Its main objective is to develop a good quality product with the lowest possible cost, and trying to cause the least damage to the environment. The raw materials correspond to various materials extracted from nature in order to manufacture consumer goods. It can be classified according to its origin: animal, vegetable and mineral.

5 0
3 years ago
You manage a pension fund that will provide retired workers with lifetime annuities. You determine that the payouts of the fund
frosja888 [35]
B . What must be the value
3 0
2 years ago
Use the following data to determine the cost of goods manufactured: Beginning finished goods inventory $ 12,300 Direct labor 32,
Papessa [141]

The Cost of Goods Manufactured is $104,100.By adding the direct material cost with the direct labor cost ,factory overhead,beginning work in progress and deducting the value obtained from the ending work in process value we get the The Cost of Goods Manufactured

<u></u>

Explanation:

The information Given in the question is  

Beginning finished goods inventory

$ 12,300

Direct labor

32,100

Beginning work in process inventory

8,700

General and administrative expenses

15,000

Direct materials used

42,000

Ending work in process inventory

10,500

Indirect labor

7,800

Ending finished goods inventory

11,000

Indirect materials

15,000

Depreciation - factory equipment

9,000

So the formula for the

<u>Cost of Goods Manufactured = Direct Materials + Direct Labor + Factory Overhead + Beginning Work in Process - Ending Work in Process </u>

<u>Cost of Goods Manufactured</u> = $42,000 + $32,100 (Indirect Labor + Indirect Materials + Depreciation Factory Equipment) + $8,700 − $10,500

Cost of Goods Manufactured = $42,000 + $32,100 + $7,800 + $15,000 + $9,000 + $8,700 − $10,500 = $104,100.

So,the Cost of Goods Manufactured = $104,100.

8 0
3 years ago
Read 2 more answers
High Tech Manufacturing​ Inc., incurred total indirect manufacturing labor costs of $ 540 comma 000. The company is labor intens
brilliants [131]

Answer:

$891,219.51

Explanation:

The computation of the total cost for the estimated 7 comma 700 ​hours is shown below:

= Total indirect fixed manufacturing labor costs   + total variable cost

where,

Total indirect fixed manufacturing labor costs  is $140,000

And, the total variable cost is

= Total variable cost ÷ number of total labor hours  × estimated labor hours

= $400,000 ÷ 4,100 hours × 7,700 hours

= $751,219.51

So total cost is

= $140,000 + $751,219.51

= $891,219.51

We simply added the fixed and variable manufacturing labor cost

3 0
2 years ago
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