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
n200080 [17]
3 years ago
15

The most used instrument the federal reserve uses for controlling week to week changes in the money supply is

Business
1 answer:
olganol [36]3 years ago
7 0

Open market Operations- Gradpoint

You might be interested in
Beball camp example covered in the class, let's assume the segment size is 9000, price per participant is $90, frequency is 1, v
stealth61 [152]

Answer:

<u>The correct answer is D. About 1.37%</u>

Explanation:

1. Let's review the information given to us to answer the question correctly:

Segment size = 9,000

Number of participants in the camp = x

Total Fixed Cost (TFC) = $ 9,000  

Variable Cost per Person = $ 5  

Price per Person = $ 90

Profit = $ 1,500

2. Based on the assumption provided above, what percentage of the segment should participate if the program wants to make $1500 profit?

We can calculate the variable cost, this way:

Total Variable Cost = Variable cost per person * Number of participants

Total Variable Cost = $ 5 * x

Total Variable Cost = $ 5x

We can calculate the total cost of the program, this way:

Total Cost of the program = Total Variable cost + Total Fixed Cost  

Total Cost of the program = $ 5x+ $ 9,000

Total cost of the program = $ 9,000 + 5x

We can calculate the revenue of the program, this way:

Total revenue of the program = Price per person * Number of participants + Profit

Total revenue of the program = $ 90 * x + $ 1,500

Total revenue of the program = $ 90x + $ 1,500

For Break-even:

Total Variable cost + Total Fixed Cost = Price per person * Number of participants

Replacing with the values we know and solving for x:

9,000 + 5x =  90x

5x - 90x = - 9,000  (Like terms)

-85x = -9,000

x =  -9,000/-85

x = 106 (rounding to the next whole)

For $ 1,500 of profits:

Number of participants at break-even + Profits/Price per participant

106 + 1,500/90 = 106 + 16.7 = 123

123/1,500 = 0.0137 = 1.37% (Rounding to two decimal places)

<u>The correct answer is D. About 1.37%</u>

5 0
3 years ago
Arturo Company pays $4,000,000 cash and issues 20,000 shares of its $2 par value common stock (fair value of $50 per share) for
serious [3.7K]

Answer:

As follows:

Explanation:

For acquisition of Westmont Company.

Inventory dr. 600,000

Land dr. 990,000

Buildings dr. 2,000,000

Customer Relationships dr. 800,000

Goodwill dr. 690,000

Accounts Payable cr. 80,000

Common Stock cr. 40,000

Additional paid-up capital cr. 960,000

Cash cr. 4,000,000

For legal fees

Services Expense dr 42,000

Cash cr 42,000

For stock issuance

Additional Paid-In Capital dr 25,000

Cash cr 25,000

7 0
3 years ago
Sam student sends for a law school catalog from ivory towers university. according to the catalog, the law school applications a
7nadin3 [17]

If Sam had followed the guidelines in the college catalog, then there will be a valid contract that will be established as the school is likely to bound itself in honoring its obligations that are set forth in the college catalog. The correct answer is likely b.

5 0
3 years ago
Cash Discount Calculations On June 1, Meadow Company sold merchandise with a list price of $40,000. For each of the sales terms
Step2247 [10]

Answer:

    Credit Terms     Date Paid     Amount received

1       2/10,n/30         June 8            $39,200

2      1/10, n/30         June 15           $40,000

3      1/15, n/30         June 14           $39,600

4              n/30        June 28           $40,000

Explanation:

Sales are made on June 1 with list price $40,000

1.

June 8

The receipt is within the discount period of 10 days, so the amount received will be net of 2% discount as follow

Amount Received = $40,000 x ( 1 - 2%) = $39,200

2.

June 15

The receipt is after the discount period of 10 days, so the full amount will be received as follow

Amount Received = $40,000

3.

June 14

The receipt is within the discount period of 15 days, so the amount received will be net of 1% discount as follow

Amount Received = $40,000 x ( 1 - 1%) = $39,600

4.

June 28

There is no discount offered in this term and credit period of 30 days is given. The cash receipt is within the credit period, So the full amount will be received as follow

Amount Received = $40,000

4 0
3 years ago
On April 5, Fenning Corporation, a wholesaler of hydraulic lifts, acquired land in exchange for 30,000 shares of $80 par common
gulaghasi [49]

Answer:

Land A/c Dr $3,360,000

   To Common stock A/c  $2,400,000

   To Additional paid in capital - in excess of par - common stock A/c $960,000

(Being the exchange transaction is recorded)

Explanation:

The journal entry is shown below:

Land A/c Dr $3,360,000

   To Common stock A/c  $2,400,000

   To Additional paid in capital - in excess of par - common stock A/c $960,000

(Being the exchange transaction is recorded)

The computation is shown below:

For land

= 30,000 shares × $112

= $3,360,000

For Common stock

= 30,000 shares × $80

= $2,4000,000

And, the remaining balance is credited to the additional paid in capital account

4 0
3 years ago
Other questions:
  • Which of the following accurately describe depreciable cost? i. The amount of cost a company intends to depreciate over the life
    7·1 answer
  • A marketing manager who orders that a successful product be removed from the market after a customer dies from consuming it may
    11·1 answer
  • Why should people who are moving in together consider creating a roommate agreement?
    13·1 answer
  • A market has four individuals, each considering buying a grill. Assume that grills come in only one size and model. Martina cons
    11·1 answer
  • Sally is single, age sixty, and works as sales clerk in 2018. She has no other income. Sally contributed $2,000 to her IRA. Afte
    13·1 answer
  • A flexible budget variance is $1,500 favorable for unit-related costs. This indicates that: A. actual costs were $1,500 more tha
    9·1 answer
  • Miller Mining, a calendar-year corporation, purchased the rights to a copper mine on July 1, Year 1. Of the total purchase price
    8·1 answer
  • How does a parent perform the functions of organizing in management?
    11·1 answer
  • Why the exist an economy?
    7·1 answer
  • ░░░░░▐▀█▀▌░░░░▀█▄░░░ ░░░░░▐█▄█▌░░░░░░▀█▄░░ ░░░░░░▀▄▀░░░▄▄▄▄▄▀▀░░ ░░░░▄▄▄██▀▀▀▀░░░░░░░ ░░░█▀▄▄▄█░▀▀░░ ░░░▌░▄▄▄▐▌▀▀▀░░ ▄░▐░░░▄▄░█░
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!