1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Klio2033 [76]
2 years ago
12

In the market for federal funds, if the federal funds rate is between the discount rate and the interest rate paid on excess res

erves by the Fed, a ________ in required reserves ________ the demand for reserves, raising the federal funds interest rate, everything else held constant.
Business
1 answer:
Vilka [71]2 years ago
8 0

Answer:

decrease; increases

Explanation:

The principles of demand and supply occurs here.

For example, The effects of a change in supply of reserves on demand is evident when supply of  reserves increases and in turn the reserves get cheaper. This will make banks want more of reserves because it benefits them.

However, reverse is the case of the interest rates decreases.

You might be interested in
3. Keim, Inc. manufactures baseball gloves that normally sell for $40 each. Keim currently has 1,000 defective gloves in invento
umka21 [38]

Answer:

selling the defective gloves as they are results in a $3,000 higher gain

Explanation:

the manufacturing costs of the defective gloves should be considered a sunk cost since they cannot be recovered:

alternative 1, sell defective gloves = $18 x 1,000 = $18,000 gain

alternative 2, repair the gloves and sell them at normal price = ($40 - $25) x 1,000 = $15,000 gain

alternative 1 (selling the defective gloves as they are) results in a $3,000 higher gain

6 0
2 years ago
Calculating Lower-of-Cost-or-Net Realizable Value
Tju [1.3M]

Answer:

Anne Traylor Inc.

Calculating Lower-of-Cost-or-Net Realizable Value

The inventory cost to report on the balance sheet on June 30, 2020, assuming that the company applies the lower-of-cost-or-net realizable value rule to each individual inventory item is:

= $8,990.

Explanation:

a) Data and Calculations:

Inventory  Quantity   Selling  Cost     NRV    Inventory   Lower-of-Cost-or-

Item                            Price    to Sell                  Cost     Net Realizable Value

#100              70          $24      $5       $19         $16         $1,120 ($16 * 70)

#101             100            22         4         18            17           1,700 ($17 * 100)

#115              50            35         6        29            31          1,450 ($29 * 50)

#118             120            40         6        35           29         3,480 ($29 * 120)

#120             25             18         4         14            10            250 ($10 * 25)

#128             45            30         8        22           26            990 ($22 * 45)

Total                                                                                $8,990

7 0
2 years ago
Part A Smith Company experienced the following accounting events during 2018:
ValentinkaMS [17]

Answer:

1. Cash (Dr.) $2,000

Common Stock (Cr.) $2,000

2. Accounts Receivable (Dr.) $1,500

Revenue (Cr.) $1,500

3. Cash (Dr.) $1,200

Accounts Receivable (Cr.) $1,200

4. Salaries expense accrued (Dr.) $900

Salaries payable (Cr.) $900

5. Salary Payable (Dr.) $700

Cash (Cr.) $700

6. Dividends paid (Dr.) $100

Cash (Cr.) $100

7.Prepaid Insurance (Dr.) $360

Cash (Cr.) $360

8. Cash (Dr.) $2,880

Unearned revenue (Cr.) $2,880

9. Insurance Expense (Dr.) $290

Prepaid Insurance (Cr.) $290

10. Unearned revenue (Dr.) $2,880

Revenue (Cr.) $2,880.

Explanation:

Smith company has started its business and incurred the transactions. These transactions need to be recorded to charge each and every expense in their respective accounts. The expenses are recorded in the journal entries and then ledger accounts will be formed to summaries all the expenses in their respective account heads.

6 0
3 years ago
____________ skills include the ability to perform tasks of a specific department or job, such as selling (marketing) or bookkee
VARVARA [1.3K]

Answer:

C. Technical skills

Explanation: Technical skills because all jobs relating to a certain department are dealt within that department using certain techniques. For example accounting is done following certain methods

7 0
3 years ago
Once a trial balance has been prepared, the next step of the accounting cycle involves: a. Classifying the transactions into log
Mice21 [21]

Answer:

The correct answer is letter "B": Preparing financial statements such as the balance sheet, income statement, and statement of cash flows.

Explanation:

A trial balance is a worksheet listing the debit and credit balances of all the ledger accounts for an entity. Under accounting theory, the total of all the debits must equal the total of all the credits. Since the trial balance is a list of all the accounts it serves as an accuracy check before the company prepares the financial statements including the <em>Balance sheet, Income </em>and <em>Cash Flows Statements</em>.

3 0
3 years ago
Other questions:
  • Suppose there is an ordinary deductible of $40 and the maximum payment by the insurer is $130. Determine the standard deviation
    6·1 answer
  • A manufacturer of ice creams introduces a new mint and lime flavored ice cream. According to the product/market matrix, the amou
    5·1 answer
  • Market anomaly refers to _______. an exogenous shock to the market that is sharp but not persistent a price or volume event that
    8·1 answer
  • ________ is the active buying and selling of the domestic currency against foreign currencies.
    11·1 answer
  • What does it mean when a skier holds out one hand, thumb up?'?
    14·1 answer
  • Which of the following describes an effective strategy for protecting yourself against identity theft?
    8·1 answer
  • Suppose that Antonio, an economist from an AM talk radio program, and Caroline, an economist from a school of industrial relatio
    8·1 answer
  • Calculate the marginal cost of the 70th toy car produced. Round your answer to the nearest hundredth.
    14·1 answer
  • Last month CyberGames, a computer game retailer, had total sales of 1,450,000 , selling expenses of 210,000 , and administrative
    8·1 answer
  • TRUE/FALSE. The technical and scientific characteristics of an industry may be more important than its structure in determining
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!