Answer: U.S. banks that cannot borrow elsewhere
Explanation:
Lender of last resort is.a situation that occurs when the central bank in a country gives loans to the commercial banks in the country when they are going through financial difficulties.
In this scenario, The Federal Reserve S role as a lender of last resort involves lending to U.S. banks that cannot borrow elsewhere.
Answer: The correct answer is "B. included in the inventory of the buyer."
Explanation: Goods in transit which are shipped f.o.b. (free on board) shipping point should be included in the inventory of the buyer
If the goods are shipped F.O.B, as soon as the goods leave the seller's trade, the seller can declare the sale as completed and complete.
A cutting board must be set aside and shown to a manager if the person who used it cut up something such as raw meat and then used the board to cut up fruit. This would be a form of cross-contamination and could cause many problems. This is a way that bacteria could be passed from one dish to another. This could cause a customer to either have an allergic reaction or to become violently ill.
Answer:
all-current-rate method
Explanation:
The all-current-rate method is the method by which most items in the financial statements are translated at the current exchange rate
In current-rate-method,
the income statement is translated at the weighted average exchange rate,
assets and liabilities are translated at the current rate, issued capital stock is translated at the exchange rate.
The balance sheet must be balanced. Cumulative Translation Adjustment (CTA) balances the asset side of the balance sheet with the liabilities and owner’s equity side of the balance sheet.
Answer:
$2,496
Explanation:
Marcella's overvlauation = $38,000 - $12,000 = $26,000
It is more than twice the fair value of the sculpture ($12,000 x 2 = $24,000), so her penalty will be doubled.
The normal penalty = 20% x $6,240 = $1,248
Double the penalty = $1,248 x 2 = $2,496
