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3 years ago

The emergency banking relief act helped solve the banking crisis by

Business

1 answer:

max2010maxim [7]3 years ago

6 0

Answer:

providing banks that the government deemed as "sound financial footings" an operating license.

Explanation:

The emergency banking relief act helped solve the banking crisis by providing banks that the government deemed as "sound financial footings" an operating license. This allowed the banks to reopen and continue business as well as providing the public with ease of mind and allowing them to slowly rebuild their trust on towards the banking system.

If you have any more questions feel free to ask away at Brainly.

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ransfers real estate worth $180,000 (basis of $40,000) andservices (worth $20,000) rendered in organizing the corporation. Each

MrRissso [65]

Answer:

Emily has a basis of $60,000 in the shares of Red Corporation.

Explanation:

Emily's basis for Red Corporation's stock = real estate ($40,000) + service ($20,000) = $60,000

Sarah's basis for Red Corporation's stock = computers ($80,000) = $80,000

Even though both Emily and Sarah received 600 shares each, the basis for her tax calculations are different.

3 0

3 years ago

The actual economy is more complicated than the one illustrated in the previous circular-flow diagram of a simple economy.

dsp73

It seem like there are information missing on the question posted. Let me answer this question with all I know. So here is what I believe the answer is, the actual economy is more complicated than the one illustrated in the previous circular-flow diagram of a simple economy.

Hope my answer would be a great help for you. If you have more questions feel free to ask here at Brainly.

6 0

4 years ago

Which one of the following statements is correct? Question 19 options: A longer payback period is preferred over a shorter payba

stich3 [128]

Answer:

The payback period ignores the time value of money.

Explanation:

This could primarily be classified to be amongst the major disadvantages of the payback period that it ignores the time value of money which is a very important business concept. In the other hand, the payback period disregards the time value of money. It is determined by counting the number of years it takes to recover the funds invested. Some analysts favor the payback method for its simplicity. Others like to use it as an additional point of reference in a capital budgeting decision framework.

The payback period does not account for what happens after payback, ignoring the overall profitability of an investment.

8 0

4 years ago

I am willing to take AP classes if. can someone help me out of explaining please

PIT_PIT [208]

I am willing to take AP classes if the classes will continue to help my knowledge grow and provide new learning experiences.

5 0

3 years ago

Goyo Industries (a sole proprietorship) sold three § 1231 assets during 2019. Data on these property dispositions are as follows

loris [4]

Answer:

Machine #1 - $7,000, gain

Machine #2 - $3,000, loss

Machine #3 - $2,000, gain

Explanation:

Given;

Machine #1

Asset Cost = $85,000

Acquired Depreciation = $32,000

Sales price = $60,000

From the above information, the book value of machine #1

= $85,000 - $32,000

= $53,000

Gain/(loss) on disposal = $60,000 - $53,000

= $7,000

A gain of $7,000 on disposal.

Machine #2

Asset Cost = $30,000

Acquired Depreciation = $12,000

Sales price = $15,000

From the above information, the book value of machine #2

= $30,000 - $12,000

= $18,000

Gain/(loss) on disposal = $15,000 - $18,000

= ($3,000)

A loss of $3,000 on disposal

Machine #3

Asset Cost = $77,000

Acquired Depreciation = $28,000

Sales price = $51,000

From the above information, the book value of machine #1

= $77,000 - $28,000

= $49,000

Gain/(loss) on disposal = $51,000 - $49,000

= $2,000

A gain of $2,000 on disposal.

4 0

3 years ago