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kolbaska11 [484]
4 years ago
11

Credit unions and other depository institutions differ from member banks of the Federal Reserve mainly in that they...

Business
1 answer:
Pani-rosa [81]4 years ago
8 0
The answer is letter C. do not have stock in Federal Reserve Banks.Depository institutions include commercial banks, savings banks, and credit unions; the others shown are traditionally classified as non-depository institutions. The common bond rule effectively limits the size of credit unions.  Credit unions focus on financial products aimed at consumers, not businesses (loan portfolio on next slide)
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Treasury stock represents stock that: a. is being held to purchase treasury securities. b. is being held to purchase preferred s
mixer [17]

Answer:

The correct answer is (D)

Explanation:

Sometimes firms and organisations try to reduce the outstanding stocks in the market. To do so, they purchase back some of those stocks from the open market, such stocks are known as treasury stocks.  After that, It is up to the issuer, they can resell it to the public or they can dissolve them completely.  After purchasing back, these stocks are no longer considered outstanding.

6 0
4 years ago
A company purchased $60,000 of 5% bonds on May 1 at par value. The bonds pay interest on March 1 and September 1. The amount of
Readme [11.4K]

Answer:

The interest accrued is $2,500.

Explanation:

The income accrued will arise after the date of purchase (May 1) of the bonds to the ending date of the accounting period (December 31). This duration is equal to 8 months.`

For the first four months (May 1 to September 1) the income accrued will be the income received semiannually for these four month:

Income Accrued = $60,000 * 6/12 * 5% = $1,500 Because the payment that will be received will be $1000 which belongs to 6 months starting from March 1 and ending at September 1.

And for the remainder 4 months (September 1 to December 31)

Income Accrued = $60,000 * 4/12 * 5% = $1,000

So the total income accrued for the year will be $2,500

4 0
3 years ago
In​ 1982-84 dollars, the real average hourly wage rate in 2005 was ​$8.18 and in 2006 ​, it was ​$8.24 . In 2005 ​, the CPI was
Alona [7]

Answer:

the nominal wage rate in 2005 and in 2006 is 15.98 and 16.61 respectively

Explanation:

The computation of the nominal wage rate in 2005 and in 2006 is shown below:

For the year 2005

= $8.18 × $195.3 ÷ 100

= 15.98

And, for the year 2006

= $8.24 × 201.60 ÷ 100

= 16.61

In this way it should be calculated

hence, the nominal wage rate in 2005 and in 2006 is 15.98 and 16.61 respectively

7 0
3 years ago
Discuss the importance of customer service from
Svetach [21]

Answer:

Explanation:

cheating money. In order to feed this pile of mouths to eat, and at the same time pump water from the whole fraud line, Guo Wengui makes every effort to create identity and cheat money. In order to make a show, even big and small swindlers were sent to Poland to "save the refugees", claiming to call Hercules transport plane to transport the refugees out of Ukraine. As a result, after the swindlers arrived in Poland in a group, there were more cameras than transport planes, more publicity materials than medical products, and even huge billboards were erected in refugee camps to "take down CCP" 24 hours a day, which made refugees unable to rest normally, forcing them to cut the wires of billboards. The UNHCR staff can't stand this kind of behavior, not only forbidding them to make a show in front of the bus that transports refugees, but also directly reprimanding their "political rescue" activities. But think about it, too. The revolution of breaking the news calls itself "volunteers take the lead", but how many of them are volunteers who really do things, and how many of them are "volunteers" who are thinking about fishing for the wrong door, taking profits, climbing the high position and cutting leeks?

6 0
2 years ago
The Flintstone Construction Company delivers dirt and stone from local quarries to its construction sites. A new truck that was
Sedaia [141]

Answer:

$1,800

Explanation:

Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.

It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset.

Total Depreciation = (1800 + 3300 + 3800 + 1300)/118000 * $118,000

= $10,200

The depreciation allocated to site A

= 1800/10200 * $10,200

= $1,800

4 0
4 years ago
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