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3 years ago

State chartered banks are required to become members of the federal reserve system.

Business

1 answer:

alex41 [277]3 years ago

3 0

I think that any bank or incorporated banking institutions involved can become members.

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PLS HELP!!!

expeople1 [14]

False I believe , you shouldn’t have negativity thrown at you just because of your occupation

8 0

1 year ago

Home Products, Inc., is planning the introduction of a new food dryer. To compete effectively, the dryer would have to be priced

lys-0071 [83]

Answer:

The Target cost per dryer will be $35 per dryer

Explanation:

First, we need to calculate the required return

Required return = Investment x Required rate of return

Where

Investment = $600,000

Required rate of return = 25%

Placing values in the formula

Required return = $600,000 x 25% = $150,000

Now calculate the return per dryer

Return per dryer = Required return / Expected sale = $150,000 / 30,000 = $5 per dryer

Now use following formula to calculate the target cost per dryer

Return Per dryer = Selling price per dryer - Target cost per dryer

$5 per dryer = $40 per dryer - Target cost per dryer

Target cost per dryer = $40 per dryer - $5 per dryer

Target cost per dryer = $35 per dryer

8 0

2 years ago

At December 31, 2018, before any year-end adjustments, Bramble Company's Insurance Expense account had a balance of $2620 and it

zhuklara [117]

Answer:

Adjusted balance of Insurance Expense A/c = $2,800

Explanation:

There is some insurance expense already charged amounting $2,620

Further out of prepaid insurance the expense for the period = $2,800

This shall also be charged to expense as relates to current period.

Therefore, total expense for the period shall be $2,620 + $2,800

For this, entry will be:

Insurance expense A/c Dr. $2,800

To Prepaid Insurance A/c $2,800

Therefore, net adjusted balance of insurance expense = $2,620 + $2,800 = $5,420

5 0

2 years ago

Plastic Company purchased 100 percent of Spoon Company's voting common stock for $666,000 on January 1, 20X4. At that date, Spoo

ziro4ka [17]

Answer: $68,600

Explanation:

Investment Income using Equity method = Plastic company Share in income of Spoon company - Depreciation on Assets

Plastic Company share in Income of Spoon Company = 100% * 78,000 = $78,000

Land cannot be depreciated so only Equipment will be depreciated.

= 94,000/10 years

= $9,400

Investment Income using Equity method = 78,000 - 9,400 = $68,600

6 0

3 years ago

The Meduri fruit company is using the brand asset valuator tool from Young & Rubicam. Meduri has surveyed a wide segment of

Vaselesa [24]

The correct answer to this open question is the following.

Although there are no options attached, we can comment on the following,

The dimensions of the company that are being used to arrive at that conclusion are the dimension of Marketing and the dimension of Strategy. The other two dimensions, Operations and Finances, are important two but are not really considered in the statement.

So it is positive that the Meduri fruit company is using a form of evaluation to find its place in the market and discover new opportunities that are being missed by some "corporative blindness." The brand asset valuator tool from Young & Rubicam is a recommended tool to find new things about your brand and see future possibilities, opportunities, and challenges. After finding its results, Meduri has to develop a marketing and brand strategy to fulfill those potentials and to reposition the brand in the mind of consumers.

4 0

2 years ago