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3 years ago

The role of the 12 Federal Reserve banks is to:

Business

2 answers:

Shalnov [3]3 years ago

4 0

Answer: D - Enforce federal rules on member banks

Explanation:

Just took the test

ValentinkaMS [17]3 years ago

3 0

Answer:

I believe the answer is C.

Explanation:

Most everything I look up about the 12 Federal Reserve banks has something to do with monetary policy.

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In a college-level course, Mrs. Smith gives the lectures, sets the due dates, and is the expert on the material. Mr. Doe helps g

andre [41]

The Code of Hammurabi was one of the earliest and most complete written legal codes, proclaimed by the Babylonian king Hammurabi, who reigned from 1792 to 1750 B.C. Hammurabi expanded the city-state of Babylon along the Euphrates River to unite all of southern Mesopotamia. The Hammurabi code of laws, a collection of 282 rules, established standards for commercial interactions and set fines and punishments to meet the requirements of justice. Hammurabi’s Code was carved onto a massive, finger-shaped black stone stele (pillar) that was looted by invaders and finally rediscovered in 1901.

5 0

2 years ago

Factors that must be considered before starting up a business ?

miv72 [106K]

Answer:

factors that must be considered before starting business are:

Explanation:

1)capital

2)raw materials

3) enough knowledge about things

4)market

5)skilled manpower

4 0

2 years ago

Read 2 more answers

In March 2021, the Phillips Tool Company signed two purchase commitments. The first commitment requires Phillips to purchase inv

xeze [42]

Answer:

Journal entries

Date Account title and explanation PR. No. Debit ($) Credit ($)

June 15,2021 Purchases $85,500

Loss on purchase commitment $15,000

Cash $100,000

(To record the payment for the loss on

purchase commitment)

June 30,2021 Estimated loss on purchase

commitment $10,600

Estimated liability on purchase

commitment $10,600

(To record the loss on purchase commitment)

Aug 30,2021 Purchases $120,500

Loss on purchase commitment $19,900

Estimated liability on purchase

commitment $10,600

Cash $151,000

(To record the payment for the loss on purchase commitment)

Explanation:

For June 15, Loss on purchase commitment = Signed value of inventory - Market value of inventory = $100,000 - $85,500 = $14,500

For June 30, Loss on purchase commitment = Signed value of inventory - Market value of inventory = $151,000 - $140,400 = $10,600

For Aug 30, Loss on purchase commitment = Market price of inventory at June 30 - Market value of inventory at August 30 = $140,400 - $120,500 = $19,900

4 0

3 years ago

Below are amounts (in millions) from three companies' annual reports. beginning accounts receivable ending accounts receivable n

marishachu [46]

Answer: Figures are not in millions ('000)

Explanation:

Formula

Receivable turnover ratio(RTR)= Net credit sales/Average account receivable

Where average account receivable((AAR)

AAR=opening receivable+closing receivable/2

Average collection period=365/Receivable turnover ratio

WALCO

Average receivable=1785+2732/2

AAR=4517/2

AAR=$2258.5

Turnover ratio=319427/2258.5

Receivable turnover ratio=141.43 times

ACP=365/141.43

Average collection period=2.58 days

TARMART

Average receivable=6016+6544/2

AAR=12560/2

AAR=$6280

Turnover ratio=64878/6280

Receivable turnover ratio=10.33 times

ACP=365/10.33

Average collection period=35.34 days

COSTGET

Average receivable=599+635/2

AAR=1234/2

AAR=617

Turnover ratio=65963/617

Receivable turnover ratio=106.87 times

ACP=365/106.87

Average collection period=3.42 days

Average collection period is the number of days it takes for credit sales to be paid.

5 0

2 years ago

Answer to What is the Average Inflation Rate if the old price was $200, the new price is $350, and the average budget is $500? A

omeli [17]

Hey there,

<span>Answer to What is the Average Inflation Rate if the old price was $200, the new price is $350, and the average budget is $500?

Your correct answer would be (375). This would basically be in the half of the number listed above.

Hope this helps.
~Jurgen</span>

7 0

3 years ago