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Cerrena [4.2K]
3 years ago
12

Banks that have national charters must join the Federal Reserve and are subjected to its

Business
1 answer:
aleksandrvk [35]3 years ago
8 0

Answer: True

Explanation:

The Federal Reserve requires that all banks with National charters become members of the Federal Reserve so that they may have a say in the way the Fed runs its operations. State banks are not required to join but can if they meet some requirements.

The Office of Comptroller of the Currency (OCC) continually supervises and examines national banks to ensure that they are engaged in best practices regarding their operations and treatment of customers.

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Jackson Manufacturing Company had a beginning inventory of $23,000. During the year, the company recorded inventory purchases of
harina [27]

Answer:

$82,000

Explanation:

Jackson manufacturing company has a beginning inventory of $23,000

The recorded inventory purchases is $125,000

The cost of goods sold is $66,000

Therefore the ending inventory can be calculated as follows

= $23,000+$125,000-$66,000

= $148,000-$66,000

= $82,000

3 0
3 years ago
Madeline runs a lawn cutting service. She anticipates some increased expenses in her personal life in the next six months, and w
Leya [2.2K]

Answer:

The correct option is A. Need or Deficiency.

Explanation: A need is something that is necessary for an individual to function and live properly, while deficiency can be used to denote a state of lack. Our needs are often the motivating factor behind us working to earn a living, however, different people work for different reasons.

In the scenario presented above, we can see that Madeline is motivated to take on more clients due to the fact that she perceives that her needs will increase.

Therefore, the correct option to this question is that Madeline's motivation is due to need or deficiency.

8 0
3 years ago
EB3.
kondaur [170]

Answer:

Their net operating income for the year was $39,628

Explanation:

Flip or Flop's net operating income for the year = Gross revenue - Cost of Goods Sold - Operating expenses

Their Cost of Goods Sold (COGS) was 21% of gross revenue, therefore:

Cost of Goods Sold = 21% x $93,200 = $19,572

The company has operating expenses for this same period of $34,000.

Net operating income for the year = $93,200 - $19,572 - $34,000 = $39,628

7 0
3 years ago
Suppose there is a simultaneous increase in the demand for rice and increase in the supply of rice. Which of the following will
patriot [66]

Answer:

C) The market learing price may rise, fall, or stay the same, but the equilibrium quantity will rise. 

Explanation:

An increase in demand would lead to an increase in demand and price.

An increase in supply would lead to an increase in supply and a fall in price.

The combined effect would lead to an increase in equilibrium quantity but the effect on equilibrium price would be indeterminate.

I hope my answer helps you

6 0
3 years ago
Find three celebrities of your choice. Type a paragraph for each celebrity explaining their net worth. Include their background
Sidana [21]

Answer: SEE EXPLANATION!

Explanation:

Since the time when Billie Eilish first came into the music scene a few years ago, fans have not been able to get enough inner music. At just 18 years old, Eilish has already accomplished more in her career than other artists do in a lifetime. Her music and style is uniquely different, but that is what makes her so great. Many people in this world feel like they are different or “weird.” But when they see this young girl who is famous for dancing to the beat of her own drum, they realize that being different is not a bad thing.

Swift showed an interest in music at an early age, and she progressed quickly from roles in children’s theatre to her first appearance before a crowd of thousands. She was age 11 when she sang “The Star-Spangled Banner” before a Philadelphia 76ers basketball game, and the following year she picked up the guitar and began to write songs. Taking her inspiration from country music artists such as Shania Twain and the Dixie Chicks, Swift crafted original material that reflected her experiences of tween alienation. When she was 13, Swift’s parents sold their farm in Pennsylvania to move to Hendersonville, Tennessee, so that she could devote more of her time to courting country labels in nearby Nashville. A development deal with RCA Records allowed Swift to make the acquaintance of recording-industry veterans, and in 2004, at age 14, she signed with Sony/ATV as a songwriter. At venues in the Nashville area, she performed many of the songs she had written, and it was at one such performance that she was noticed by record executive Scott Borchetta. Borchetta signed Swift to his fledgling Big Machine label, and her first single, “Tim McGraw” (inspired by and prominently referencing a song by Swift’s favourite country artist), was released in the summer of 2006.

In February 2003, Shelton released The Dreamer, and its first single, "The Baby," reached No. 1 on the country music charts, hanging on for three weeks. The second and third singles from the album, "Heavy Liftin'" and "Playboys of the Southwestern World," each cracked the top 50, and The Dreamer went gold. In 2004 Blake Shelton began releasing a string of hit albums, beginning with Blake Shelton’s Barn & Grill. The second single from the album, "Some Beach," became his third No. 1 hit, and the singles "Goodbye Time" and "Nobody but Me" reached top 10, sending the album to gold status. Along with the album, Shelton released an accompanying video collection, Blake Shelton's Barn & Grill: A Video Collection. Pure BS was released in early 2007, and its first two singles, "Don't Make Me" and "The More I Drink," were both top 20 hits on the country charts. That same year, Shelton made his reality TV debut, appearing first as a judge on Nashville Star and then on Clash of the Choirs

8 0
2 years ago
Read 2 more answers
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