Answer:
D) Federal Funds
Explanation:
Commercial banks are required to maintain reserves with their regional federal banks. For this requirement they have to make regular timely deposits with federal bank.
These deposits constitute federal funds. The Fed utilizes these funds to regulate markets and meet the demand of other market borrowers. Reserve creation with Fed requirements are determined as per the amount of customer deposits each commercial bank gets.
Customers deposit their funds with commercial banks, a proportion of which is deposited by such banks with Federal reserve to meet their reserve requirements.
Answer: The purchase of raw materials on account in a process costing system is recorded with a "C. Debit to Raw Materials Inventory and a credit to Accounts Payable.".
Explanation: The purchase of raw materials must reflect an increase in the inventory of raw materials and an increase in the liability generated by the purchase on account.
Answer:
The answer to this question can be defined as follows:
Explanation:
- In option 1, Design safety for IP- It is the enrollment of design gives its designer to its exclusive privilege to use and enable others to be using the layout, which includes the right to produce, offer, market, import, use, or store for such reasons, an item where the design is implemented. Its design wind safety results vary between 5 and 25 years from region to region.
- In option 2, Trade protection- A trade secret is a kind of industrial assets in the form of a non-publicly recognized and reasonably analyzable system, process, method, layout, tool, pattern, collection. It ensures a competitive edge because of its holders. Its proprietor should keep it private if a company's mystery is to be efficient.
- In option 3, Its technology License for making a production comes which other rivals can not use to produce a semi-driver of this kind.
Answer:
5%
Explanation:
In order to compute the abnormal return first we have to find out the actual return which is shown below:
Actual return is
= ($21 - $18 + 1.32) ÷ ($18) × 100
= 24%
And, the expected return is
= Risk free rate of return + Beta × (Market rate of return - risk free rate of return
= 7% + 1.20 × (17% - 7%)
= 7% + 1.20 × 10%
= 7% + 12%
= 19%
So, the stock abnormal return is
= 24% - 19%
= 5%
Answer:
Anne should increase the order quantity to 162 units, that way the company will save $154 per year.
Explanation:
economic order quantity (EOQ) = √(2SD / H)
- order cost = $35
- holding cost per unit = $8
- annual demand = 3,000 units
EOQ = √[(2 x $35 x 3,000) / $8] = 162 units
total order cost per year = order costs x number of orders = $35 x (3,000 / 100) = $35 x 30 = 1,050
holding costs per year = average inventory x holding cost = 50 x $8 = $400
if EOQ is used:
order cost per year = (3,000 / 162) x $35 = $648
holding cost per year = 81 x $8 = $648
total savings = ($1,050 + $400) - ($648 + $648) = $154
