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aev [14]
4 years ago
10

The discount rate is

Business
1 answer:
Elza [17]4 years ago
5 0

Answer:

a. the interest rate the Fed charges banks.

Explanation:

Discount rate -

It is the rate of interest which is charged to financial institutions like banks for the loan they take from the Federal Reserve Bank .

The commercial banks can freely borrow from the Federal reserve bank , without any collateral , but need to give a certain amount of interest which is fixed , called the discount rate .

Hence , the correct statement for discount rate is a. the interest rate the Fed charges banks.

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A(n) _______________ is either a person or medium providing consumption-related information and hired and paid by and organizati
Luba_88 [7]

Answer:

Formal source

Informal source

Explanation:

A formal source is either a person or medium providing consumption-related information and hired and paid by and organization. An informal source is person whom the message receiver knows personally, such as a parent or friend who gives product information or advice, or an individual met and respected online.

4 0
4 years ago
Superior Company has provided you with the following information before any year-end adjustments: Net credit sales are $131,750.
aleksklad [387]

Answer:

$3,553

Explanation:

Credit losses = Net credit sales × Historical percentage of credit losses

= $131,750 × 3%

= $3,953

Allowance for doubtful account has a credit balance of $400

The estimated bad debt expense can therefore be calculated as:

Bad debt expense = Credit losses - Allowance for doubtful accounts credit balance

= $3,953 - $400

= $3,553

Hence, the estimated bad debt expense using the percentage of credit sales method is $3,553

5 0
3 years ago
3. Who was the first customer of mcdonald's and what was ordered?
valentinak56 [21]

Answer:

The main McDonald's eatery was begun in 1948 by siblings Maurice ("Mac") and Richard McDonald in San Bernardino, California. They purchased machines for their little cheeseburger eatery from sales rep Ray Kroc, who was fascinated by their requirement for eight malt and shake blenders.

Explanation:

8 0
3 years ago
On the basis of the information and assuming trade occurs between the three states, we can expect: Group of answer choices Texas
Studentka2010 [4]

Answer:

Washington to exchange apples with Texas and receive money in return.

Explanation:

According to the attached figure Washington has the surplus apples also the texas wants the apples so here there is an exchange of apples between washington and texas and in return the money is received

Therefore the above represent an answer

3 0
3 years ago
Which of the following is not an example of a SMART long-term education or
valkas [14]

Answer:

The last one

Explanation:

A SMART goal always start with 'I will', this one starts with 'I want'

5 0
3 years ago
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