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SSSSS [86.1K]
3 years ago
6

Describe how interest rate changes affect the saving rate in the united states. how do banks adjust interest rates on deposits a

nd loans​
Business
1 answer:
hammer [34]3 years ago
3 0

Answer:

When the Fed lowers the rate, the opposite occurs. Banks are more likely to borrow from each other to meet their reserve requirements when rates are low. Credit card rates drop, so consumers shop more. With cheaper bank lending, businesses expand.

Explanation:

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Capitalizing goodwill only when it is purchased in an arm's-length transaction, and not capitalizing any goodwill generated inte
stiv31 [10]

Answer:

The correct answer is (C)

Explanation:

They are the two crucial characteristics that are general used to make accounting data more useful to make long-term decisions. To be exact, faithful representation helps to attain the relevant data for the company and this quality enhances the reliability of financial data. Completeness, fairness and free of error these three characteristic are a part of faithful representation of data.

7 0
2 years ago
A company received a bank statement with a balance of $ 6 comma 300. Reconciling items included a bookkeeper error of $ 400long
larisa [96]

Answer:

Bank adjusted balance 5,720

Explanation:

6,300

-840 outstanding check

+260 deposit in ransit

5,720 bank adjustment balance

<em><u>Notes:</u></em>

  • the bookkepper error needs to be done on books cash account
  • the service charge are included in the bank statemnt, is at adjustment to the book cash
  • the interest revenue is also 22 an adjustment for the book cash account
6 0
3 years ago
Match the jobs with the education requirements.
OlgaM077 [116]
Childcare director childhood
clinical psychologist training
concierge ph.d.
cosmetology school and state
4 0
3 years ago
Read 2 more answers
Which of the following DOES NOT increase profit by improving​ quality? A. increased productivity B. higher warranty costs C. fle
alex41 [277]

Answer:

B. higher warranty costs

Explanation:

  • The increase in the profit by improving the quality does not increase or gets impacted by the higher warranty costs and thus is a not the reasons for the increase of the productivity and the higher and content of the quality and thereby an increase of the costs adds to the warranty and does not guarantee the improved quality.
4 0
3 years ago
What would the year 3 stock price need to be to meet your required rate of return of 13%?
Drupady [299]

Answer: $105.49

Explanation:

The Value of the stock today is given by;

P = \frac{D1}{1 + r} + \frac{D2}{(1+r)^2} + \frac{D3}{(1+r)^3}  + \frac{P3}{(1+r)^3}

80 = \frac{2}{1 + 0.13} + \frac{3}{(1+0.13)^2} + \frac{4}{(1+0.13)^3}  + \frac{P3}{(1+0.13)^3}

P3 = (80 * {1.13^3) - (\frac{2}{1.13} + \frac{3}{1.13^2} + \frac{4}{1.13^3})

P3 = $105.49

8 0
3 years ago
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