Answer:
The responsibilities of the Federal Reserve include influencing the supply of money and credit; regulating and supervising financial institutions; serving as a banking and fiscal agent for the United States government; and supplying payments services to the public through depository institutions like banks, credit unions, and savings and loans. Payments services include issuing, transferring and redeeming U.S. government securities, processing and clearing checks, and transferring funds.
Explanation:
Answer:
7.95%
Explanation:
the first step is to determine the present value of the 10 year annuity
= 7246.89
remaining balance of the 10,000 is invested in a 10-year certificates of deposit = 10,000 - 7246.89 = $2753.11
We would calculate the future value of this amount
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
$2753.11 x ( 1 + 0.09/4)^(4 x 10) = 6704.34
calculate the value of reinvestments
= 14783.60
14783.60 + 6704.34 = 10,000 ( 1 + er)^10
er = 0.0795 = 7.95%
Answer:
The financial advantage (disadvantage) of accepting the outside supplier’s offer is $ 46000
Explanation:
Han Products Manufacturers
Per Unit Differential
Costs 32000 units
Make Buy Make Buy
Purchases 21 672000
Processing Cost
Direct materials $ 3.60 115200
Direct labor 9.00 288000
Variable Mfg overhead 2.40 76800
<u>Fixed Mfg overhead 2.00* 64000 </u>
<u>Total cost $ 17.00 21 544000 672000 </u><u> </u>
2/3 of the Fixed Mfg Cost will be charged and is not relevant if the parts are made or bought. (2/3* 6= $4)
The facilities now being used to manufacture part S-6 could be rented to another company at an annual rental of $82,000 which is an opportunity cost.
The complete analysis would be
Make Buy
Total Cost $544000 $ 672000
<u>Opportunity Cost ( Rental Space) 82000 </u>
Total Cost $ 626000 672000
Financial Disadvantage to buy $ 46000
It is better to make it internally than to buy from outside supplier.
Answer:
Option (c) is correct.
Explanation:
Given that,
Cash = $4,000
Short-term investments = $75,000
Accounts receivable = $61,000
Inventories = $110,000
Prepaid expenses = $30,000
Total current liabilities = $100,000
Current assets:
= Cash + Short-term investments + Accounts receivable
= $4,000 + $75,000 + $61,000
= $140,000
Therefore,
Acid-test ratio:
= Current assets ÷ Current liabilities
= $140,000 ÷ $100,000
= 1.4 to 1
Answer:
b.
Explanation:
Based on the information provided within the question it can be said that in concept the researcher is considering them as two potentially different populations. This is why he separated them as two groups and is looking for the significant "differences" between them. Meaning that he believes that they are two different populations and is just looking to actually find what those differences are.
