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3 years ago

The rate of interest banks charge on short-term loans to their best customers is the _____.

Business

1 answer:

Alja [10]3 years ago

6 0

<u>Answer: </u>Prime rate

<u>Explanation:</u>

Prime rate is the rate of interest charged by the commercial banks to their creditworthy customers for short term loans. These customers are usually big corporations involved in business. RRR is the required reserved ratio which the deposits that banks must keep in hand.

Federal funds rate is the charges that banks impose on other banks for borrowing. Federal fund rate is used in the calculation of the prime rate. Money multiplier formula means the bank uses to calculate the new money inflow through demand deposits.

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Which employees may be at risk of losing their jobs when the political party in power changes? Check all that apply.

Debora [2.8K]

Elected governance officials and appointed governance officials

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3 years ago

Baxter Inc. owns 90 percent of Wisconsin Inc. and 20 percent of Cleveland Company.

dexar [7]

Answer:

$350,380

Explanation:

Calculation to determine the amount that would appear on the consolidated income

Consolidated income statement.

Sales$1,590,000

($1,000,000+$450,000+$280,000-$100,000-$40,000)

Less :Cost of goods sold ($1,015,000)

($670,000+$280,000+$190,000-$100,000-$25,000)

Less :Expenses ($200,000)

($110,000+$60,000+$30,000)

Dividend income$0

Consolidated net income $375,000

Noncontrolling interests in subsidiaries' income $24,620

Controlling interest in consolidated net income $350,380

Therefore the amount that would appear on the consolidated income will be $350,380

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3 years ago

A business owner makes 1000 items a day. Each day she spends 8 hours producing those items. If hired, elsewhere she could have e

AveGali [126]

Answer:

c. $240,000

Explanation:

Her economic profit is given by her revenue deducted by the explicit costs (I=$150,000) and implicit costs (opportunity cost).

Her monthly revenue is:

$R=1,000\ (items/day)*30\ days*\$15/item\\R = \$450,000$

Her opportunity cost is:

$O = 30\ days* 8\ (hours/day)*\$250/hour\\O=\$60,000$

Her economic profit is:

$P = R-I-O\\P=\$450,000-\$150,000-\$60,000\\P=\$240,000$

The answer is c. $240,000.

5 0

3 years ago

What happens if there is zero inflation and no standard cost of living?

8_murik_8 [283]

This means that money is never circulated

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3 years ago

The___ rate is the rate of change in prices calculated on a monthly or yearly basis

otez555 [7]

Answer: A.) INFLATION

Explanation: prices of goods and services are usually prone to change and fluctuation from time to time. The change usually associated with inflation is an increase in price of commodities within a certain period of time. In other to adequately measure inflation, the change in prices of certain economic commodities are compared over an equal time interval either monthly, quarterly or yearly basis as the case may be.

It is calculated as the ratio of the difference between the price of goods between the base and current period to the price at the base period expressed as a percentage. Fall or decline in prices of goods and services is usually called deflation

5 0

3 years ago