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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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The senior accountant for Carlton Co., a public company with a complex capital structure, has just finished preparing Carlton's

Misha Larkins [42]

Answer: b. Carlton's income statement will have to be revised to include the earnings per share data

Explanation:

The options to the question are:

a. No changes will have to be made to Carlton's income statement. The income statement is complete without the earnings per share data.

b. Carlton's income statement will have to be revised to include the earnings per share data.

c. Carlton's income statement will only have to be revised to include the earnings per share data if Carlton's market capitalization is greater than $5,000,000.

d. Carlton's income statement will only have to be revised to include the earnings per share data if Carlton's net income for the past two years was greater than $5,000,000.

From the question, we are informed that the senior accountant for Carlton Co., a public company with a complex capital structure, has just finished preparing Carlton's income statement for the current fiscal year and that while reviewing the income statement, Carlton's finance director noticed that the earnings per share data has been omitted.

The changes that will have to be made to Carlton's income statement as a result of the omission of the earnings per share data is that Carlton's income statement will have to be revised to include the earnings per share data.

7 0

3 years ago

SELECT ALL THAT APPLY. When creating a storyboard, you should consider

Aliun [14]

3828382848384284828489d

6 0

3 years ago

In which statement(s) is "demand" used correctly?

bixtya [17]

Answer:

its Two

Explanation:

6 0

3 years ago

13. An advertisement’s tag line says, “Don’t just win, show that you deserve to win.” The tag line focuses on which internal or

Natasha_Volkova [10]

Answer:

B = Age and life cycle stage but not too sure

4 0

3 years ago

Imagine you borrow $500 from your roommate, agreeing to pay her back $500 plus 7 percent nominal interest in one year. Assume in

ludmilkaskok [199]

Answer:

a) The total dollar amount = $513.2

b) The interest payment = $13.20

Explanation:

Use following formula to calculate the real interest rate:

1 + Real Interest rate = (1 + Nominal Interest rate ) / (1 + Inflation rate )

1 + Real Interest rate = (1 + 7% ) / (1 + 4.25% )

1 + Real Interest rate = (1 + 0.07 ) / (1 + 0.0425 )

1 + Real Interest rate = 1.07 / 1.0425

1 + Real Interest rate = 1.0264

Real Interest rate = 1.0264 - 1

Real Interest rate = 0.0264

Real Interest rate = 2.64%

a) The total dollar amount

A = P x ( 1 + r )^n = 500 x ( 1 + 0.0264)^1 = $513.2

b) The interest payment

Interest payment = $513.2 - $500 = $13.20

3 0

3 years ago