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quester [9]
3 years ago
7

The federal funds rate is the a. percentage of face value that the Federal Reserve is willing to pay for Treasury Securities. b.

percentage of deposits that banks must hold as reserves. c. interest rate at which the Federal Reserve makes short-term loans to banks. d. interest rate at which banks lend reserves to each other overnight.
Business
1 answer:
Bogdan [553]3 years ago
6 0

Answer:

d. interest rate at which banks lend reserves to each other overnight.

Explanation:

Federal fund rates are the rates at which the bank lend each other overnight in the market, as the reserves fall the federal fund rate fall and as the reserves increase the federal fund rate increases.

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Financial statement data for the years ended December 31 for Dovetail Corporation follows:2016 2015Net income $448,750 $376,000
Mandarinka [93]

Answer:

The earnings per share for 2016 are $5.45 per share while the earnings per share for 2015 were $5.60 per share.

The earnings per share has fallen in 2016 as compared to 2015, thus there is an unfavorable trend.

Explanation:

Earning per share (EPS) is the amount of net income allocable to each share of common stock outstanding. It is a useful measure for investors as it tells them how much $ return a business in earning on every share of common stock. The earnings per share is calculated as follows,

Earnings per share = (Net Income - Preferred dividends) / Weighted average shares on common stock outstanding

<u />

<u>The earnings per share for Dovetail is</u>

2015 EPS = (376000 - 40000) / 60000    = $5.60 per share

2016 EPS = (448750 - 40000) 75000    = $5.45 per share

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What is it called when a person's behavior in the workplace creates circumstances that make it difficult for someone else of a p
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Discrimination because they are making it difficult for someone else of particular sex to do his/her work.
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You recently sold 200 shares of Apple stock to your brother. The transfer was made through a broker, and the trade occurred on t
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4 years ago
You plan to deposit $4,700 at the end of each of the next 25 years into an account paying 10.3 percent interest. a. How much wil
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Answer:

Final Value= $483,603.80

Explanation:

Giving the following information:

You plan to deposit $4,700 at the end of each of the next 25 years into an account paying 10.3 percent interest

We need to calculate the final value using the following formula:

FV= {A*[(1+i)^n-1]}/i

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FV= {4,700*[(1.103^25)-1]} / 0.103= $483,603.80

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Please see attachment

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Please see attachment

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