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3 years ago

What role did the federal reserve play in the banking crisis of 2008-2009

Business

1 answer:

svetlana [45]3 years ago

8 0

Question: What role did the federal reserve play in the banking crisis of 2008-2009?

Answer: The Federal Reserve acted to improve conditions in two vital markets that broke down during the panic in the fall of 2008: money market mutual funds and short-term lending to businesses. ... The Federal Reserve provided secured loans to institutions in these markets, ensuring that adequate funding was available.

Hope this helps, have a good day. c;

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Tim is a single, cash-method taxpayer with an AGI of $50,000. In April of this year, Tim paid $1,100 with his state income tax r

Ivan

Answer:

The amount of taxes that Tim can deduct as an itemized deduction is $7,340

Explanation:

The computation of the itemized deduction is shown below:

= State income tax for the previous year + state income tax from his salary + estimated payments of state income tax

= $1,100 + $5,050 + $1,190

= $7,340

The other item values which are mentioned in the question are not considered and not affect the deductions for current year So, we do not take in the computation part. Hence, ignored it

8 0

2 years ago

On September 30, 2021, Athens Software began developing a software program to shield personal computers from malware and spyware

lawyer [7]

Answer:

2021

Dr Research and development expense $3,600,000

Cr Cash $3,600,000

2022

Dr Research and development expense 1,500,000

Dr Software and development costs 594, 000

Cr Cash 2,094,000

B. $148,500

Explanation:

1. Preparation of the journals entry

2021

Dr Research and development expense $3,600,000

Cr Cash $3,600,000

(To record the expenses incurred on research and development)

2022

Dr Research and development expense 1,500,000

Dr Software and development costs 594, 000

Cr Cash 2,094,000

(1,500,000+594,000)

(To record the software development costs incurred)

2.Calculatation for the amortization for 2022

Using percentage of revenues method

Amortization= Current revenue/Total revenue* Software development costs

Amortization=$1,560,000/$7, 800,000*$594,000

Amortization=0.2*$594,000

Amortization=$118,800

Using straight line method

Amortization =1/Useful life* Software devel opment costs

Amortization=1/4*$594,000

Amortization=$148,500

Based on the above calculation Tmte expense amounts under straight-line method is higher . Which means that , the amortization is $148,500.

5 0

3 years ago

Sonny's Super Market has installed a self-service checkout counter, and wishes to understand how this has affected customer serv

valina [46]

Answer:

The Expected time a customer spends in the system is 4

Explanation:

According to the given data we have the following:

Arrival rate A = 1 every other minute = 30/hour or (30/60) per minute

Service rate S = 84 seconds = 60×60/84= 42.86 customers per hour

System utilization factor P = A/S = 30/42.86 = 0.699

Length of the system L = P/(1-P) = 0.699/(1-0.699) = 2.322

Therefore, Expected time a customer spends in the system = L/A = 2.322/(30/60) = 4.644=4

5 0

3 years ago

Wehrs Corporation has received a request for a special order of 8,600 units of product K19 for $45.50 each. The normal selling p

disa [49]

Answer:

Increase in the net income=$ 89,160

Explanation:

The amount of the financial advantage or disadvantage would be determined as follows:

Unit variable cost of order = 16.30 + 5.60+ 2.80+5.20 = 29.9

Sales from special order) ($45.50× 8,600) 391300

Variable cost of special order ($29.9× 8,600) 257,140

Contribution from special order 134,160

Cost of special machine (45,000)

Increase in contribution 89,160

Increase in the net income=$ 89,160

Note the fixed manufacturing overhead is irrelevant, they are cost that would be incurred whether or not the order is accepted

3 0

3 years ago

Read the first paragraph of "The Effectiveness of Capital." What do you think productive means?

Ganezh [65]

Answer: Productive means having been able to gain in large amounts.

Explanation: In the first paragraph of “The Effectiveness of Capital” the productive means having been able to produce in a huge quantity or large numbers. Here being able to gain profits in a large amount is considered productive.

Producing any kind of goods in large numbers is productivity. The productivity of any good depends upon many factors. Like a productive worker has a lot of capacity to do a lot of work and hence he is able to give productive results in the end. With a great number of profits.

7 0

3 years ago