The action of the bank will put decreased pressure on the money supply, and to reduce the impact of this action, the Fed could decrease the discount rate.
Basically, a decrease in discount rate will make it easy and cheaper for commercial banks to borrow money from Federal Reserve System and thus, results to increase in available credit and lending in the economy
Therefore, if the commercial banks decide to increase their holdings of excess reserves supposed to be remitted to Feds, then, this will put <u>decreased</u> pressure on the money supply, and the Fed would act by <u>decreasing</u> the discount rate.
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Answer:
Legal obligation will arise from inadvertence of one thing or a deliberate act. There are 3 categories of erroneous conduct lawfully. Its fissure of agreement, corruption and one who is pretentious or abraded thanks to the act of additional person.
(1)
The necessities that the automobile should demonstrate to carry mister. Embarrassed of carelessness are as per RES IPSA LOQUITUR belief. The belief RES IPSA LOQUITUR suggests that "the factor expresses for himself". In keeping with this opinion, the broken or damage himself is that the resistant and it expresses for the performance of the inattention. This belief needs the subsequent things:
- The affair or act ought to happen thanks to the carelessness
- the carelessness ought to cause some injury or damage
- the litigant ought to have fashionable management over the device or instrumentality.
- The casualty shouldn't have underwrote something to the carelessness.
(2)
Permitting to the law of carelessness, underneath request of householders and operatives of vehicles, P. Suppliers are control lawfully chargeable for the grievance to the automobile. In keeping with this, the vendor of vehicle United Nations agency energies sloppily and origins grievance is liable for the obligation produced to the broken individual. The proprietor will have the instruction of last vibrant probability. Enclose if the worker of the car isn't the proprietor then the possessor is not liable for the act of the carelessness of the worker delivered if there's associate deficiency of agency association. During this case, agency association exists. Thus, P Distributors are control chargeable for the injury to the celebration.
(b)
The possessor of vehicle United Nations agency drives inaccurately and causes grievance is liable for the liability produced to the broken individual. The possessor will have the instruction of last vibrant probability. In case, if the worker of the car isn't the possessor then the proprietor is not liable for the performance of the carelessness of the worker delivered if there's associate deficiency of agency association. During this case each belief of RES IPSA LOQUITUR and regulation of carelessness are pertinent. Thus, the Mr. Tom is control chargeable for the performance of his partner.
Answer:
40%
Explanation:
The computation of the return on equity is shown below:
= (Net income - interest expense) ÷ (weightage average of common stockholders' equity)
where,
Weightage average of common stockholders' equity equals to
= (Total common stockholders' equity at the beginning of the year + Total common stockholders' equity at the end of the year) ÷ 2
= ($410,000 + $290,000) ÷ 2
= $350,000
And, the other items values would remain the same
Now put these values to the above formula
So, the value would be equal to
= ($170,000 - $30,000) ÷ ($350,000)
= 40%
Overdraft is a facility provided by bank to make expenses more than that of the balance present in the account of customers. This facility is provided to certain specified customers with high credibility.
Given
Balance is $202.86
Note: Payments will be recognized in descending order because it is the policy of bank to record the highest transaction first.
Payments made are :
$113.92
$80.73
$35.24
$16.89
<h3>Calculations</h3>
Therefore Shakira will be allowed to overdraw from the account as the amount of overdraft is less than $50.
Elaborating further, When we deduct the payments from the balance in descending order we reach on a conclusion that there will be 2 overdrafts made because after deducting $113.92 and $80.73 from the balance amount of $202.86 there will be 2 payments pending amounting $35.24 and $16.89 from the left balance of $ 8.21.
Therefore the correct option will be OPTION B i.e. 2 overdrafts.
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Answer:
≈ 25%
Explanation:
Given data:
Cpk = 0.22
Determine The percentage of production that falls beyond the specification limit ( assuming normal distribution )
first calculate the value of Z ;
Cpk = Z /3
hence Z = Cpk * 3 = 0.22 * 3 = 0.66
The percentage of the production can be determined by
( 1 - value obtained from the standard normal table for the value of Z =0.66 )
1 - 0.7454 = 0.2546 ≈ 25%
