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2 years ago

The main role of banks in the nations economy is to

Business

2 answers:

Alja [10]2 years ago

6 0

Explanation:

The main role of banks in the nation's economy is to regulate the money supply between the surplus and the deficit economic agents. Banks in a country accepts people's deposits, give loans to people and charge interests on the given amount, issue treasuries and give interests on that, make profits through the difference between the interest rate paid and charged to the depositors and borrowers. Precisely, a bank helps a country's economy to regulate the supply of money by acting as an intermediary between the surplus and deficit agents of money.

ahrayia [7]2 years ago

5 0

Stabilize the float of economy and value

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C&A purchases fertilizer for its lawn-care business from a supplier who charges $30 per order and $50 per case. Each case co

Verdich [7]

Answer:

$1.5

Explanation:

Given:

Charges per order = $30

Charges per case = $50

1 case = 5 bags of fertilizers

Number of fertilizers bags needed per year = 2000 bags

Annual holding cost, C₀ = 30%

Now,

Annual demand for cases, D = $\frac{\textup{Number of fertilizers bags needed}}{\textup{Number of bags per case}}$

= $\frac{\textup{2000}}{\textup{5}}$

= 400 cases

thus,

Annual unit holding cost per case, $C_h$ = 30% of $50 i.e $15

Thus,

Economic Order quantity ( EOQ ) = $\sqrt{\frac{2C_oD}{C_h}}$

on substituting the respective values, we get

EOQ = $\sqrt{\frac{2\times30\times400}{15}}$

EOQ = 40

Now,

Annual ordering cost = Ordering cost × Number of orders

= C₀ × $\frac{\textup{annual demand}}{\textup{EOQ}}$

= $30 × $\frac{\textup{400}}{\textup{40}}$

= $300

Annual inventory holding cost

= Annual unit inventory holding cost × Average inventory

= $C_h$ × $\frac{\textup{EOQ}}{\textup{2}}$

= $15 × $\frac{\textup{40}}{\textup{2}}$

= $300

Now,

Sum of annual ordering and holding cost per case of fertilizer

= $300 + $300

= $600

Therefore,

Annual ordering and holding cost per case of fertiliser

= $\frac{\textup{600}}{\textup{Annual demand}}$

= $\frac{\textup{600}}{\textup{400}}$

= $1.5

7 0

2 years ago

____ focuses on specifying what the new system will look like and how it will work.

frosja888 [35]

The answer in the space provided is system design. It is because a system design is a way of providing a definition of a specific interface or data that is laid out in means of having to gain satisfactory with the requirements being given or laid out.

4 0

2 years ago

On January 1, the Elias Corporation issued 10% bonds with a face value of $99,000. The bonds are sold for $97,020. The bonds pay

Vikentia [17]

Answer:

c. $9,702

Explanation:

Elias Corporation has issued 10% bond the semi annual rate of bond is 10%. The 10% rate is divided by 2 to find the actual semi annual rate of interest on the bond. The rate of bond is 5%. The amount at which bond can be sold will be used to calculate interest expense of the bond.

$97,020 * 5% = $4,851

The annual interest expense will be, $4,851 * 2 = $9,702

The correct answer is c.$9,702

4 0

2 years ago

One autumn, the weather is perfect for growing pumpkins, and the pumpkin crop is much larger than usual. Meanwhile, when hallowe

valentina_108 [34]

Answer: Price of pumpkins will fall compared to last year.

Explanation: Favorable weather leading to a larger crop than usual means that there is more supply of pumpkins this year than before. Shifting the supply curve down to the right. At the same time, when people switch away from jack-o'-lanterns towards buying more costumes, it leads to a decline in the demand for pumpkins shifting the demand curve to the left.

The net result will be a decline in the demand for fall in the price of pumpkin. However, the effect on the quantity cannot be determined as it depends on the magnitude of shift in the two curves.

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2 years ago

By definition, _____________ is the activity, set of institutions, and processes for creating, communicating, delivering and exc

ANTONII [103]

Answer:

The correct answer is E

Explanation:

Marketing is the procedure or the process of interesting the potential customers or consumers as well as the clients in products or services. In short, it is the procedure which involves distributing, promoting, selling and researching the services or the products.

Therefore, the marketing is the set of institutions, activity and the processes for communicating, delivering and creating that value for the clients, society and customers at huge.

4 0

2 years ago