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4 years ago

The (FOMC) Federal Open Market Committee

Business

1 answer:

Kisachek [45]4 years ago

4 0

Answer:

B) determines the target federal funds rate and the direction of open market operation policies.

Explanation:

The Federal Open Market Committee (FOMC) is made up of 12 members:

the seven members of the Board of Governors of the FED
president of the Federal Reserve Bank of New York
four of the remaining eleven federal reserve bank presidents

Its main roles are to:

set monetary policy
set target federal funds rate
implement the open market operation policies

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Last year, ted earned an after-tax income of $40,000, spent $30,000, and saved $10,000. how much money did he make available to

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Ted made 10,000 $ available to firms for investing

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3 years ago

Read 2 more answers

Mrs. Turner is comparing her employer’s retiree insurance to Original Medicare and would like to know what services Original Med

irina1246 [14]

Answer:

Original Medicare covers ambulance services.

Explanation:

Since in the question it is mentioned that the Turner compared her employer retired insurance with respect to the Original Medicare and also she would like to know whether what services are covered if the prescribed criteria are met

So here the original medicare covers the ambulance services as this is a pre hospitalization charges that are mentioned in the insurance policy

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3 years ago

Fair Oaks Farms’ manure management, specifically the use of cow manure to power their facilities and fuel their milk tankers, is

Mazyrski [523]

Answer:

These are the options for the question:

Managing for globalization
Managing for sustainability
Managing for animal welfare
Managing for diversity
Managing for information technology

And this is the correct answer:

Managing for sustainability

Explanation:

The use of cow manure to power facilities and fuel milk tankers is a managerial challenge directly related with the sustaniable aspecto of the Farm.

This is because a natural resource: cow manure, is being used in an efficient manner to provide much needed power to the firm's facilities. The amounts of manure, times, and processes that are used, are all part of the sustainability policy of the farm, which has to be overseen by the manager.

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3 years ago

Your company obtains a short term loan on September 1st, 2019 to cover costs to purchase inventory. The loan is for $50,000, the

artcher [175]

Answer:

a. Journal Entry on September 1st, 2019:

Dr: Cash/ Bank $50,000

Cr: Short Term Loan $50,000

b. Journal Entry to accrue interest on December 31st, 2019 is:

Dr: Interest Expense $1,333.33

Cr: Accrues Interest Expense $1,333.33

c. Interest Expense on March 31st, 2020 is :

$1,000

d. The Total cash company will pay back on March 31st 2020:

52,333.33 (50,000 principal + 2,333.33 interest)

Explanation:

b. Annual Interest is $50,000×8% = $4,000 per annum.

The annual interest rate is prorated for 4 months (Sept 2019 -Dec 2019)

$4,000 *4/12 = $1,333.33

c. Interest expense for next fiscal year up till March 2020 is calculated by prorating annual interest expense for 3 months (Jan 2020- Mar 2020)

$4,000×3/12 = $1,000

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3 years ago

Skysong, Inc. is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial informa

Katen [24]

Answer:

$34,100

Explanation:

The computation of the net income is shown below:

Net income = Total revenues - Total expenses

where,

Total revenues

= Service revenue + sales revenue

= $145,200 + $27,500

= $172,700

And, the total expenses is expenses incurred i.e $138,600

So, the net income is

= $172,700 - $138,600

= $34,100

As we know that the income statement records only revenues and expenses and the same is considered

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4 years ago

The​ (FOMC) Federal Open Market Committee

The (FOMC) Federal Open Market Committee