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Fed [463]
3 years ago
10

The Federal Reserve S role as a lender of last resort involves lending to which of the following financially troubled institutio

ns?
a. U.S. state governments when they run short on
b. U.S. banks that cannot borrow elsewhere
c. Governments in developing during currency crises.
Business
1 answer:
ANTONII [103]3 years ago
5 0

Answer: U.S. banks that cannot borrow elsewhere

Explanation:

Lender of last resort is.a situation that occurs when the central bank in a country gives loans to the commercial banks in the country when they are going through financial difficulties.

In this scenario, The Federal Reserve S role as a lender of last resort involves lending to U.S. banks that cannot borrow elsewhere.

You might be interested in
Pina Company produces golf discs which it normally sells to retailers for $7 each. The cost of manufacturing 19,900 golf discs i
Ivahew [28]

Answer:

a) <em>Net income using incremental analysis is  </em> $692

b)   PINA should accept the order because it will increase its net income by $692

<em />

Explanation:

The relevant cash flows for decision to accept or reject the special order are

I. the incremental contribution from of producing 5,350 units

2. The incremental fixed cost- 45,374

Note that whether or not the special order is accepted the fixed cost of manufacturing  would be incurred either way.

Contribution per unit =Selling price - Variable cost

Variable production cost per unit = total variable cost / units

                                  = (10,945 + 29651 + 21094)/19,900

                                     =$3.1

Variable cost per unit of sale = $3.1 + $0.35 =  $3.45

a) Incremental Analysis

<em>Change in Net Income:                               $</em>

I<em>ncremental contribution :</em>

( 4.77 - 3.45) ×   5,350 =                           7,062

<em>Increase in Fixed cost</em> :

(45,374 - 39,004)                                     <u>(  6370)</u>

<em>Net income                                               </em><em><u>   692</u></em>

<em><u>b) </u></em>   PINA should accept the order because it will increase its net income by $692

<em />

6 0
3 years ago
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $81,400.
ivann1987 [24]

Answer:

$7,326

Explanation:

Double Decline Balance = 2 x SLDP x SLDBV

where,

SLDP = Straight Line Depreciation Percentage

          = 100 ÷ useful life

          = 100 ÷ 20

          = 5 %

and

SLDBV = Straight Line Percentage Book Value

Year 1

Double Decline Balance = 2 x 5% x $81,400

                                           = $8,140

Year 2

Double Decline Balance = 2 x 5% x ($81,400 - $8,140)

                                           = $7,326

Therefore

The machine's second-year depreciation using the double-declining balance method is $7,326.

4 0
3 years ago
Calculate the activity rate per grooming order. $fill in the blank 1 per grooming order 2. Calculate, in terms of grooming order
atroni [7]

Solution :

1. calculate the activity rate per grooming order

Activity rate                                                        <u>    Amount paid to agent     </u>

                                                                             Number of grooming order

                                                                             <u>            28,000          </u>

                                                                                          4,000

Therefore, the activity rate  = 7 per grooming order

2. Calculating, in terms of grooming order, the :

a. Total activity availability

   Number of grooming orders  (A)                         =    4,000

   Number of agents (B)                                            <u>            5   </u>

  Total activity availability (A x B)                               20,000

b). Total activity availability                                     20,000

Less: Orders actually processed                        <u>   (17,800)   </u>          

Unused capacity                                                     2,200

3. calculating the dollar cost of :

a). Amount paid to the agent (A                       28,000

Number of agents (B)                                      <u>          5    </u>

Total activity availability in dollars (AxB)        140,000

b). Unused capacity (A)                                       2,200

Activity rate (B)                                                 <u>           7 </u>

Unused capacity in dollars (AxB)                    15,400

                                                 

4 0
3 years ago
URGENT!! NEED ANSWER ASAP<br><br> The FBLA is only for students still in school.<br> True<br> False
AleksAgata [21]

Answer: False

Explanation: They have a division for college students , parents and educators.

5 0
3 years ago
Data from the financial statements of Dils Brothers Co. and J. Cox, Inc. are presented below (in millions): Dils Brothers Co. J.
9966 [12]

Answer:

0.64

Explanation:

Debts to total asset ratio = Total liabilities / total assets

For J.Cox Inc 2016;  Debts to total asset ratio = $47,422 / 73,744

Debts to total asset ratio = 0.64306

Debts to total asset ratio = 0.64

2016 debt-to-total-assets ratio for J. Cox, Inc. is 0.64

3 0
2 years ago
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