The lasting impact resulting from 20th-century banking reforms in the United States is "the reforms approved the Board to determine reserve requirements and interest rates for deposits at member bank."
The banking reforms made in the 20th century in the United States are many, and many of these reforms are still applicable today.
Some of the lasting effects of these reforms include the following:
The Board of Governors to determine the monetary policy.
The reforms established the Federal Deposit Insurance Corporation.
The reforms also separate commercial banks from investment banks.
Hence, in this case, it is concluded that the many banking reforms made in the 20th century still exist today.
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Answer:
Transaction Assets Liabilities Stockholders' Equity
Issue common stock Increase NE Increase
Issue preferred stock Increase NE Increase Purchase treasury stock Decrease NE Decrease
Sale of treasury stock Increase NE Increase Declare cash dividend NE Increase NE
Pay cash dividend Decrease Decrease NE
100% stock dividend NE NE NE
2-for-1 stock split NE NE NE
When shares are sold or issued, they increase the stockholders equity as people buy these shares. They also increase assets because cash comes into the company when the shares are sold. This is why the Issuing of preference and common stock as well as the sale of Treasury shares had the same effects.
When cash dividends are declared, they become a liability that is owed to equity holders.
When these dividends are then paid, they remove the liability but reduce assets as cash is used to pay the dividends.
100% stock dividend reduces retained earnings but increases equity so stockholders equity does not change.
Answer:
d. $96,914
Explanation:
Parker Co. can execute money market hedge in following steps:
(1) Parker Co. pledges Receivable of SF200,000 to borrow SF190,476 with rate 5% in Switzerland; SF190,476 = SF200,000/ (1+5%)
so it has to pay interest expense of SF9,524 in 360 days. The receivable of SF200,000 is enough for both principal and interest in 360 days.
(2) Then it sells SF190,476 at spot rate $0.48 to get $91,428
(3) Then it deposits $91,428 in US with rate 6% to get back $96,914 in 360 days
; $96,914 = $91,428 * (1+6%)
Answer:
C , I , G , NX
Explanation:
The components of nation's demand for goods & services is reflected in Aggregate Demand . AD is the total value of goods & services all the consumers are planning to buy during a period.
AD denotes consumption components by 4 sectors of an Economy : Households, Firms, Government , Rest of World .
All 4 sectors form components of AD = Consumption Expenditure, Investment, Government Expenditure, Net Exports (Exports - Imports) by the 4 above sectors respectively.
Answer:
The interest rate for this bond is 8% per annum.
Explanation:
Given that,
a bond that costs $1,000 and pays an $80 interest each year.
To find the rate of interest, we use the following formula is
I=Prt
Here P = principal= $1,000
I=interest= $80
t=time= 1 year
∴80 = 1000×r×1
⇒r = 0.080
⇒r= 8%
The yield for this bond is 8% per annum.
