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3 years ago

Dr. Bernanke argued two problems contributing to the financial crisis included:________.

Business

1 answer:

nydimaria [60]3 years ago

4 0

Answer:

D. banks reliance on long term funding; and increased use of non-standard mortgages such as fixed rate, 30- year mortgages.

Explanation:

Dr. Bernanke argued that financial crisis is due to the banks involving in non standard mortgages which are fixed rate mortgages but they are not regulated. The bank provides loans and mortgages to people based on the standard regulations which need to be followed. They financial crisis took place when the mortgages were provided on non standard terms.

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which one of the following is not a withdrawal option for a mutual fund owner, who has a minimum nav of $5,000?

vichka [17]

None of the Above. A mutual fund owner typically has access to a variety of withdrawal options, including direct deposit, check, and wire transfer.

However, the minimum NAV (net asset value) of the mutual fund must be considered when choosing a withdrawal option. If the minimum NAV of the mutual fund is $5,000, then none of the above options would be available.

Net asset value, or "NAV," of an investment company is the company's total assets minus its total liabilities. For example, if an investment company has securities and other assets worth $100 million and has liabilities of $10 million, the investment company's NAV will be $90 million.

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8 0

1 year ago

On November 1, 20X1, a company signed a $200,000, 12%, six-month note payable with the amount borrowed plus accrued interest due

ozzi

Answer:

$8,000

Explanation:

The computation of the interest expense is shown below:

= Note payable × interest rate × number of months ÷ total number of months - Note payable × interest rate × number of months ÷ total number of months

= $200,000 × 12% × 6 months ÷ 12 months - $200,000 × 12% × 2 months ÷ 12 months

= $12,000 - $4,000

= $8,000

The 6 months is calculated from November 1, 20X1 to May 1, 20X2

And, the 2 months is calculated from On November 1, 20X1 to December 31,20X1

We assume the accounts are closed on December 31

Or we can do one thing also

Take the 4 months from Jan 1, 20X2 to May 1, 20X2

= $200,000 × 12% × 4 months ÷ 12 months

= $8,000

6 0

2 years ago

Rihanna Company is considering purchasing new equipment for $450,000. It is expected that the equipment will produce net annual

mariarad [96]

Answer:

7.5 years

Explanation:

Payback is the period a project takes to recover its initial capital outflow.

The formula for calculating the payback period = Initial investments divide by net cash flow per period.

Payback Period = Initial Investments/ Net Cash Flow per Period

Payback period = $450,000/ $60,000

Payback period =7.5 years

8 0

2 years ago

A vintner is deciding when to release a vintage of Sauvignon Blanc. If it is bottled and released now, the wine will be worth $2

ziro4ka [17]

Answer:

$269,158.88

Explanation:

The computation is shown below:

Before the difference of the amount, first we have to determine the value of the wine after one year which is shown below:

= $2,400,000 + $2,400,000 × 10%

= $2,400,000 + $240,000

= $2,640,000

And, the interest rate is 7%

Plus the additional cost is $360,000

So, the value of the wine now is

= ($2,640,000 - $360,000) ÷ (1 + 0.07)

= $2,130,841.12

So, the difference is

= $2,400,000 - $2,130,841.12

= $269,158.88

3 0

2 years ago

Ctual total factory overhead incurred $ 28,175 Standard factory overhead: Variable overhead $ 3.10 per unit produced Fixed overh

Mariulka [41]

Answer:

Total controllable overhead variance $

Standard total overhead cost ($4.10 x 9.800 units) = 40,180

Less: Actual total overhead incurred = <u>28.175</u>

Total controllable overhead cost <u>12,005</u>(F)

Standard total overhead cost per unit = $3.10 + $1.00 = $4.10

Explanation:

Total controllable overhead variance is the difference between standard total overhead cost and actual total overhead incurred. The standard total overhead cost is the product of standard total overhead cost per unit and actual units produced.

3 0

3 years ago