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2 years ago

The Fed's Federal Open Market Committee

Business

1 answer:

Juliette [100K]2 years ago

7 0

Answer and Explanation:

d. is the Fed's primary monetary policymaking body.

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Stanley hart invested in a municipal bond that promised an annual yield of 6.7 percent. the bond pays coupons twice a year. what

shtirl [24]

The effective interest rate is given by

$r= \left(1+\frac{i}{t}\right)^t-1$

Given that the <span>bond yeilds an annual yield of 6.7 percent and pays coupons twice a year.

The effective interest rate is given by:

$r= \left(1+\frac{0.067}{2}\right)^2-1 \\ \\ =(1+0.0335)^2-1 \\ \\ =(1.0335)^2-1=1.0681-1 \\ \\ =0.0681=6.81\%$ </span>

3 0

3 years ago

Perrette Motor Company rebuilds automobile engines that have been damaged or are in need of extensive repair. The rebuilt engine

kow [346]

Answer:

Perrette Motor Company

Computation of the cost per equivalent unit for materials and conversion for the month:

1. Material cost per equivalent unit: $1,100

2. Conversion cost per equivalent unit: $1,350

Explanation:

a) Data and Calculations:

Units % of completion Equivalent unit

Materials Conversion Materials Conversion

Beginning WIP 120 50% 50% 60 60

a) Started and

Completed 530 100% 100% 530 530

b) Ending WIP 220 50% 30% 110 66

Equivalent units 640 596

Cost of production:

Materials Conversion

Beginning WIP $68,000 $73,200

Started & completed 636,000 731,400

Total cost $704,000 $804,600

Equivalent units 640 596

Cost per equivalent unit $1,100 $1,350

b) When calculating the equivalent units under the weighted average process costing method, the units beginning work-in-process are not taken into consideration, but the costs are.

5 0

3 years ago

Why does an unsecured loan have a higher interest rate than a secured loan?

salantis [7]

The banker has a set amount he or she can say yes it ok for the loan .
after that the banker has to ask the manager then the manger has to ask people higher up so what happens is in the bank when they have to get others opinions what happens is they share the cost of the loan if not payed back as a loss to both not just one

6 0

3 years ago

Read 2 more answers

The payroll department provides services for several plants in the city of yee haw junction. the payroll department's budget is

Oksi-84 [34.3K]

Answer:

The amount that the lighting plant be charged from the payroll department for its services is $25,000

Explanation:

Provided data from the question:

Payroll budget = $100,000

number of checks issued per week = 4000

number of employees = 1000

Since, the service department charge rate is calculated as the total service department expense divided by total service department usage, the amount that should be charged from the payroll department for its services;

= $100,000 ÷ 4,000

= $25 × 1,000

= $25,000.

6 0

3 years ago

One cost-cutting measure used by Garr Tool Corp. is sourcing the parts it uses from companies in Germany, Ireland, and Canada th

cestrela7 [59]

Answer:

The answer is: globalization of production

Explanation:

Globalization of production to the business practice of increasing the flow of production factors from "cheaper" countries in order to lower their production costs. For example, cars are assembled using thousands of different auto parts, a lot of them are produced in the US, but a large portion are imported parts form countries like China, Mexico, EU, etc. Many times the auto parts are manufactured by the same corporation but on different locations, e.g. BMW produces engines in Germany and SUVs in the US, 3M produces auto parts in the US, Brazil, China, Mexico and several other countries and sells them all in the US.

4 0

3 years ago