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3 years ago

What are the relationship between household and commercial bank

Business

1 answer:

Sindrei [870]3 years ago

6 0

Does this help?

All commercial banks must keep an account with the Central Bank. These balances are used for cheque clearing purposes between banks. Payments for cheques between banks are set off at the Central Bank’s clearing house. The Central Bank can also demand commercial banks to deposit a certain percentage of their total deposits with the central bank in order to control the money supply.

The Central Bank is a lender of last resort and will aid commercial banks when needed. The Central Bank dictates the interest rate that commercial banks can offer by setting the bank rate. This is the interest rate set by the Central Bank and the rate at which commercial banks and the Central Bank do business, e.g. loans offered by the Central Bank to commercial bank.

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pashok25 [27]

Answer:

english pls

Explanation:

3 0

3 years ago

Without proposed Project A, a firm‘s estimated cash flows over the next 3 years is $275M. With proposed Project A, the firm

Gala2k [10]

Answer:

option B) $ 25M

Explanation:

Data provided in the problem:

Without proposed project A,

The estimated cash flows over the next 3 years = $ 275M

With the proposed project A,

The estimated cash flows over the next 3 years = $ 300M

Now, the amount of incremental cash flows associated with Project A will be calculated as;

Incremental cash flow = Cash flows (With Project A) - Cash flows (Without Project A)

on substituting the values, we get

Incremental cash flow = $ 300M - $ 275M = $ 25M

Hence, the correct answer is option B.

0 0

3 years ago

Microsoft and Intel are two companies that illustrate the concept of "bargaining power of suppliers" in Porter's five forces mod

Tasya [4]

Answer:

True

Explanation:

Intel is a major computer hardware supplier in the world, and its friend Microsoft buys hardware parts from them which it uses in manufacturing computers such as processor chips.

In respect to the bargaining power of suppliers in Porter's five forces model of industry competition, Intel acts as a supplier to Microsoft. And because of Intel's bargaining power like its market dominance and limited competitors, it can set prices which the–Microsoft has no choice but to purchase.

4 0

3 years ago

Lew just purchased $67,600 of equipment that is classified as 5-year MACRS property. The MACRS rates are 20 percent, 32 percent,

Nat2105 [25]

Answer:

The book value of this equipment at the end of four years if he ignores bonus depreciation $26,290.

Explanation:

Cost of property = $67,600

Balance Depreciation

Year 1 67,600 13520

Year 2 54,080 17,306

Year 3 36,774 7,061

Year 4 29,713 3,423

Book vaue at the end of year 4 = 29,713 - 3423 = $26,290

6 0

3 years ago

Rembrandt Paint Company had the following income statement items for the year ended December 31, 2021 ($ in thousands): Sales re

Ugo [173]

Answer:

<h2> Rembrandt Paint Company</h2><h2>Income Statement - December 31, 2021</h2>

Sales revenues $24,000,000

- Cost of goods sold <u> ($13,500,000)</u>

Gross margin $10,500,000

Operating expenses:

- Selling and adm. expenses ($420,000)

- Restructuring costs ($1,400,000)

Total operating expenses <u>($1,820,000)</u>

Income from operations $8,620,000

Other revenue and expenses:

Gain on sales of assets $3,200,000

Interest revenue $220,000

Loss from discontinued oper. ($2,200,000)

Interest expense ($420,000)

Total other revenue and expenses <u>$800,000</u>

Net income pre-tax $9,420,000

Income taxes (25%) <u>($2,355,000)</u>

Net income after taxes $7,065,000

Shares outstanding 600,000

Earnings per share (EPS) $11.78

3 0

3 years ago