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2 years ago

ALGUIEN PARA HABLAR PORFISS

Business

2 answers:

guapka [62]2 years ago

4 0

Hablar en donde exactamente

jekas [21]2 years ago

3 0

Answer:

But who is PORFISS?

Explanation:

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Atlantic+bank+is+required+to+hold+10%+of+deposits+as+reserves.+if+the+central+bank+increases+the+discount+rate,+how+would+atlant

ohaa [14]

In this case the Atlantic bank will respond by increasing its bank reserves.

Bank reserves is the minimal amount of cash that financial institutions must keep on hand in order to comply with central bank standards . The purpose of the cash reserve regulations is to make sure that every bank has enough cash on hand to handle any significant and unforeseen demand for withdrawals.

The federal discount rate is the interest rate that the Federal Reserve bank charges banks to borrow money from it.

A higher discount rate makes it more expensive for banks to borrow, which reduces the amount of money available and reduces investment activity. In contrast, a decline in the discount rate lowers the cost of borrowing for commercial banks, which increases the amount of credit that is accessible and lending activity across the economy.

To learn more about bank reserves here

brainly.com/question/16196841

#SPJ4

3 0

1 year ago

Jack is a 74-year-old, single taxpayer whose income consists of $10,000 in wages and $31,000 in social security benefits. The ma

Lapatulllka [165]

Based on his age and income, the maximum that Jack is able to contribute to a Roth IRA in 2019 is <u>C. 7,000.</u>

In the year 2019, tax laws were such that:

$6,000 was the maximum to be contributed to Roth IRA.
$1,000 could be contributed in excess by those above the age of 50.

As Jack is above the age of 50, he can contribute an extra $1,000 over the limit which puts him at:

= 6,000 + 1,000

= $7,000

In conclusion, Jack can contribute a maximum of $7,000.

Find out more on Roth IRA at brainly.com/question/1300867.

4 0

1 year ago

If one unit of Product Z2 used $1.70 of direct materials and $3.70 of direct labor, sold for $10.00, and was assigned overhead a

vagabundo [1.1K]

Answer:

The correct answer is B

Explanation:

The gross profit is computed as:

Gross Profit (GP) = Selling price - Expense

where

Selling price amounts to $10.00

Expenses involve DM (Direct Material), DL (Direct Labor) and Overhead

So,

DM amounts to $1.70

DL amounts to $3.70

And

Overhead = 22 % of direct labor

= 22% × $3.70

= $0.814

Putting the values above:

GP = $10.00 - ($1.70 + $3.70 + $0.814)

GP = $10.00 - $6.214

GP = $3.786 or $3.79

7 0

2 years ago

TyroneCo, an S corporation, reports gross receipts for the year totaling $400,000 (of which $200,000 is passive investment incom

e-lub [12.9K]

Answer:

Tyrone's passive investment income tax is 120.000$

Explanation:

Passive investment income is income from the investments in which investor is not actively involved, like real estate investments, loans or dividends. Since income in this case is 200.000$ and expenditures connected to that income are 80.000$, taxable passive income is therefore 120.000$

3 0

2 years ago

On February 1, 2020, Marsh Contractors agreed to construct a building at a contract price of $17,400,000. Marsh estimated total

sammy [17]

Answer:

Check the explanation

Explanation:

Contract price = 17,400,000

Gross profit under percentage of completion method =

[(costs incurred to date / estimated total costs) * estimated profit] - previously recognized profit

Gross profit in 2017 =

[4,500,000 / 12,000,000(4,500,000 + 7,500,000) * 5,400,000(17,400,000 - 12,000,000)] = 2,025,000

Gross profit in 2018 =

[7,920,000 / 13,200,000(7,920,000 + 5,280,000) * 4,200,000(17,400,000 - 13,200,000)] - 2,025,0000 = 495,000

Gross profit in 2019 =

[13,800,000 / 13,800,000 * 3,600,000] - 2,025,000 - 495,000 = 1,080,000

Under the completed contract method Gross profit is recognized only in the year of completion.

Gross profit in 2017 = 0

Gross profit in 2018 = 0

Gross profit in 2019 = 17,400,000 - 13,800,000 = 3,600,000

8 0

2 years ago