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3 years ago

When the Fed acts as a "lender of last resort," like it did in the financial crisis of 2007-2008, it is performing its role of

Business

1 answer:

Evgesh-ka [11]3 years ago

5 0

Answer:

The answer is Banker's bank

Explanation:

The Fed is performing its role as a banker's bank. The Fed is the U.S or the central bank in most countries are referred to banker's bank. It acts a commercial bank for all banks in the country.

Commercial banks in all countries have an account with the central bank. Commercial banks also have access to very short-term loans when it is in the distress. Banker's bank(The Fed) has the sole authority for the money supply in the economy.

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Bonita Industries prepared a fixed budget of 75000 direct labor hours, with estimated overhead costs of $375000 for variable ove

Zinaida [17]

Answer: $425,000

Explanation: The total overhead cost can be computed suing following formula :-

total overhead cost = fixed overhead cost + variable overhead cost

where,

fixed overhead cost = $90,000

$variable\:overhead\:cost=\frac{\$375,000}{75,000\:hours}\times 67,000\:hours$

=$335,000

so,putting the values into equation we get :-

total overhead cost = $90,000 + $335,000

= $425,000

6 0

3 years ago

Toys Unlimited has the following cost data available. Direct Materials are $99 per unit. Direct Labor is $55 per unit. Variable

r-ruslan [8.4K]

Answer:

c. $229

Explanation:

To compute the total absorption cost per unit we do the following,

Absorption of fixed costs = Fixed costs / units produced

Absorption cost = 200,000 / 4000 = $50/unit

Total cost of each individual unit = 99 + 55 + 25 + 50 = $229

This includes direct material, direct labor, manufacturing overhead and the fixed absorption cost.

With absorption costing we take all the goods produced in a period as denominator for the Fixed costs.

Hope that helps.

5 0

4 years ago

You are considering two alternative two-year investments: You can invest in a risky asset with a positive risk premium and retur

den301095 [7]

Answer:

The correct answers from the options are options C and E

Explanation:

Here, the first investment alternative depicts an investment in a risky asset with a positive risk premium and returns (dividends) for each of the two years that will be evenly distributed. Therefore, the following statements are true about the first investment alternative compared to the second;

i) Its annualized standard deviation is lower, and

ii) It is relatively more attractive to investors who have lower degrees of risk aversion.

4 0

3 years ago

Which action is an example of an expansionary monetary policy?

kicyunya [14]

A. Lowering the interest on reserve rate.

Expansionary monetary policy increases money supply by lowering interest rates

6 0

3 years ago

Read 2 more answers

You would like to set aside enough money to pay for the maintenance you will need for your new car. You estimated that you will

Dovator [93]

Answer:

$1066.77

Explanation:

The amount that would need to be saved today is referred to as present value.

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 and 2 = 0

Cash flow in year 3 = $600

Cash flow in year 4 = 0

Cash flow in year 5 = $700

I = 5

present value = $1066.77

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

8 0

3 years ago