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3 years ago

The United States has a dual banking system in the sense that

Business

1 answer:

slavikrds [6]3 years ago

4 0

Answer:

banks are chartered by the federal government and by state governments

Explanation:

Banks in the US are heavily regulated, specially by federal government entities, but also state regulatory entities.

Federal agencies that regulate banks are: the Federal Reserve System (FED), the Federal Deposit Insurance Corporation (FDIC), Securities and exchange Commission (SEC), the Office of the Comptroller of the Currency (OCC), and the Federal Financial Institutions Examination Council (FFIEC). Credit unions are regulated by the National Credit Union Administration (NCUA).

Banks are also regulated by state agencies (I guess every state has its own regulatory agency) like the California Department of Financial Institutions or the Nevada Division of Financial Institutions.

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Your firm has net income of $385 on total sales of $1,480. Costs are $810 and depreciation is $120. The tax rate is 30 percent.

DaniilM [7]

Answer:

Operating cash flow= 305.5

Explanation:

Giving the following information:

Your firm has net income of $385 on total sales of $1,480. Costs are $810 and depreciation is $120. The tax rate is 30 percent.

EBITDA= 385

Depreciation= (120)

EBIT= 265

Tax= (0.3*265)= (79.5)

Depreciation= 120

Operating cash flow= 305.5

8 0

3 years ago

Concord reported the following information for the current year: Sales (49000 units) $980000, direct materials and direct labor

Zanzabum

Answer:

Concord BEP: 400,000 units

Explanation:

Break Even Point (Units) = Fixed Cost / (Selling Price - Variable Cost) or

Break Even Point (Units) = Fixed Cost / Contribution Margin

Concord Break Even Point:

Contribution Margin Per Unit: (($980,000 - ($490,000 + $49,000)) / 49,000 = $9

Concord BEP: $360,000 / $9 = 400,000 units

6 0

3 years ago

If the price of good X rises and the demand for good X is elastic, then the percentage __________ in quantity demanded is ______

Ira Lisetskai [31]

Answer:

e. fall; greater than; falls

Explanation:

Demand is price elastic if a small change in price has a greater effect on the quantity demanded. The coefficient of elasticity is usually greater than one which indicates that the percentage change in quantity demanded is greater than the percentage change in price.

Elasticity of demand = percentage change in quantity demanded/ percentage change in price

If demand is elastic, an increase in price leads to a fall in quantity demanded and total revenue falls.

I hope my answer helps you

8 0

4 years ago

The two most likely benefits realized from utilizing enterprise systems are improvements in ________. availability of informatio

Mazyrski [523]

Answer: availability of information and increased interaction throughout the organization

Explanation: An enterprise systems is described as an integrated suite of business applications for virtually every department, process, and industry, that allows companies and organizations to integrate information across operations on a company-wide basis by the use of one large database and as a result, there is an upward increase in the availability of information which leads to increased interaction across departments, processes, and industries throughout the organization.

6 0

3 years ago

Sanctions are a type of trade restriction that is ineffective in forcing change in other countries.

Nikolay [14]

<span>The answer to this question is False. Sanctions do not only rarely achieve their goal of forcing change in the targeted country, but they also tend to produce collateral economic damage in the nations that do apply them.</span>

3 0

3 years ago