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2 years ago

How does the fed encourage banks to loan more money?

Business

1 answer:

aleksklad [387]2 years ago

3 0

Answer:

When the Fed funds rate is lower, it costs less for banks to borrow money from the federal government. This means that they can loan out more money to the population of America. God bless.

Explanation:

n/a

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When Tom had the satellite dish placed on the roof of his house, the installer dislodged and made no attempt to replace a half d

guapka [62]

Answer: irate

Explanation: In simple words, irate refers to the complainers who share their negative opinion about an organisation within a small group. They usually complain so that others could benefit from their review.

In the given case, Tom is complaining about the lousy service from his friends but not to any third party. Also, he is doing so with the intention of awaring others.

Hence from the above we can conclude that Tom is an irate kind of complainer.

7 0

2 years ago

Ernst's Electrical has a bond issue outstanding with ten years to maturity. These bonds have a $1,000 face value, a 5 percent

SVEN [57.7K]

Answer: 5.52%

Explanation:

Given the following :

Face value (f) = $1000

Bond price(p) = 96% of face value = 0.96 × 1000 = $960

Coupon rate = 5% Semi-annually = 0.05/2 = 0.025

Payment per period (C) = 0.025 × 1000 = $25

Period(n) = 10 years = 10 × 2 = 20

Semiannual Yield to maturity = [(((f-p)/n) + C) / (f + p)/2]

Semiannual YTM = [(((1000 - 960) / 20) + 25) / (1000 + 960)/2]

Semiannual Yield to maturity = [(((40 /20) + 25) / 1960/2]

= (2 + 25) / 980

= 27 / 980 = 0.02755 = 2.755% = 2.76%

Pretax cost of debt = Yield to maturity = 2 × Semiannual yield to maturity

Pretax cost of debt = 2 × 2.76% = 5.52%

8 0

2 years ago

How does an error that results in an overstatement of ending inventory affect the elements of the company's financial statements

Kruka [31]

Answer:

A. + NA + NA - + NA

Explanation:

Since in the question there is an overstatement of ending inventory which affect the financial statements i.e increase in the gross profit due to which the net income is also increase that reflects the increment in the retained earning and the equity as well plus the asset side is also increased but it does not have any change in the cash flow statement as it does not involve any transaction of cash

Hence, the first option is correct

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3 years ago

The accounting records of Bramble Corp. show the following data. Beginning inventory 2,830 units at $8 Purchases 8,110 units at

djyliett [7]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Beginning inventory 2,830 units at $8

Purchases 8,110 units at $10

Sales 9,418 units at $13

Average cost= (8 + 10)/2=9

FIFO (first-in, first-out)

COGS= 2,830*8 + 6,588*10= $88,520

LIFO (last-in, first-out)

COGS= 8,110*10 + 1,308*8= $91,564

Average cost method:

COGS= 9,418*9= $84,762

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2 years ago

At mcdonald's, workers are expected to use a "six steps" process when interacting with customers. these steps can become monoton

kodGreya [7K]

With the six steps process that is expected for the workers to do with interacting the customers, it could make the workers feel things that would cause negative response such as seen above, like having frustrations and gain no control for the job that is being done is monotonous. Because of it, it would likely lead the workers to feel alienated or alienation, this makes a person feel isolated or lonely that would make them feel that they don’t belong with the job that they are taking on.

8 0

2 years ago