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3 years ago

What reforms to the financial system might reduce its exposure to systemic risk?

Business

1 answer:

MissTica3 years ago

3 0

Answer:

The Dodd-Frank Wall Street Reform and Consumer Protection Act

Explanation:

The Dodd-Frank Wall Street Reform Act, which President Donald Trump wants to dismantle, generated an arsenal of rules to avoid excesses of the US financial sector that unleashed the 2008-2009 crisis.

Voted in July 2010 on the impulse of then President Barack Obama, that law forces bank giants sometimes annually to tests that measure their resistance to financial crises. It is a way to avoid catastrophic bankruptcies like that of Lehman Brothers in September 2008.

Large banks also have to make a "will" that allows their orderly dismantling if they fail and cannot return dividends to shareholders without the permission of the Federal Reserve (Fed).

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Offering regular customers discounts on products is know as a

Alexxx [7]

Answer:

External customer incentives

Explanation:

External customer incentives are similar to customer incentives. The phrase external distinguishes between internal customers or company employees and other customers who chose to buy the company's products.

Customer incentives are offers given to customers by a company to attract and retain them. Businesses use incentives to convert potential customers into paying clients. Discounts are an example of external customer incentives. They are used when a business faces competition from similar products by other companies. Business also offer end of the year, anniversary, and other seasonal discounts.

7 0

3 years ago

_____ is the study of how resources are distributed for the production of goods and services within a social system

Delicious77 [7]

Business and economics is basically the study of the production,distribution of resources to provide goods and services

6 0

3 years ago

A marketing manager instructs his team to make 80 telephone calls to attempt to sell an insurance policy. The random variable in

Serggg [28]

Answer:

A) discrete random variable.

Explanation:

Discrete random variables can assume only a finite number of values, and their combined total probabilities must equal 1.

On the other hand, continuous random variables can take any value with an interval or collection of intervals, which means that the possible values are infinite.

A complex random variable is a combination of two real random variables that have rel and imaginary parts.

8 0

3 years ago

Total asset turnover is computed as: multiple choice Average sales divided by average total assets Net sales multiplied by avera

Korolek [52]

Overall asset turnover is computed as internet sales divided via common total assets.

Asset turnover is the ratio of overall sales or revenue to average property. This metric facilitates buyers to apprehend how efficaciously groups are using their assets to generate income. traders use the asset turnover ratio to examine similar corporations inside an equal area or organization.

A higher ratio is favorable because it suggests a more green use of belongings. Conversely, a decreased ratio suggests the organization isn't using its belongings as effectively. This is probably because of extra production capability, terrible series strategies, or bad stock control.

The asset turnover ratio is the ratio between the cost of a business enterprise's sales or revenues and the fee of its property. it's far an indicator of the efficiency with which an employer is deploying its assets to provide sales. as a consequence, the asset turnover ratio can be a determinant of an organization's performance.

Learn more about asset turnover here: brainly.com/question/15413308

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6 0

2 years ago

The cash account for Pala Medical Co. at June 30, 20Y1, indicated a balance of $84,457. The bank statement indicated a balance o

Oxana [17]

Answer:

Pala Medical Co.

a. Bank Reconciliation Statement as at June 30, 20Y1

Balance as per adjusted cash balance $111,670

add outstanding checks 33,310

less uncredited deposits 17,610

overdrawn check 180

Balance as per bank statement $127,190

b. Journal Entries:

c. Debit Cash $28,248

Credit Notes Receivable $26,400

Credit Interest Revenue $1,848

To record the receipt on notes receivable, including interest revenue.

d. Debit Accounts Payable $990

Credit Cash $990

To record the check in payment on account ($1,100 - $110)

f. Debit Bank service charges $45

Credit Cash $45

To record bank charges.

c. If a balance sheet were prepared for Pala Medical Co. on June 30, 20Y1, the amount that should be reported as cash is:

= $111,670.

Explanation:

a) Data and Calculations:

Cash account balance at June 30, 20Y1 = $84,457

Bank statement balance on June 30, 20Y1 = $127,190

Analysis of discrepancies:

a. Outstanding checks $33,310

b. Uncredited deposits $17,610

c. Cash $28,248 Note Receivable $26,400 Interest Revenue $1,848

d. Returned check $1,100 Accounts Payable $1,100 $110

e. Overdrawn check $180 $680 had been erroneously charged by the bank as $860.

f. Bank service charges for June amounted to $45

Cash Account Adjustments:

Balance at June 30, 20Y1 = $84,457

Direct credit 28,248

Dishonored check (990)

Bank charges (45)

Adjusted cash balance $111,670

8 0

3 years ago