Answer:
The correct answers are letters "B" and "C": The act allowed the Federal Reserve to set uniform reserve requirements for all commercial banks; and, the act allowed commercial banks to pay unrestricted interest rates on checking accounts.
Explanation:
The Monetary Control Act (<em>MAC</em>) passed in 1980 is considered to be the first set of rules established in the banking industry after the Great Depression (1929). It mainly forced all the banks to remain under the rules of the Federal Reserve. Besides, it provided banks the autonomy to choose the interest rate on accounts under their own discretion.
Answer:
Instructions are listed below
Explanation:
We are provided with the following information:
Unitary manufacturing cost= 6.85 + 11.74 + 3.42= $22
Outsource circuit board:
$4.50 per circuit board
-20% direct material
-15% direct labor
A) Unitary cellphone cost= (6.85*0.80)+(11.74*0.85)+ 3.42 + 4.5= $23.38
B) The company shouldn't accept the supplier's offer because it increases its costs.
C) The maximum price will be the one that equals in house production cost with outsourcing cost.
22= (6.85*0.80)+(11.74*0.85)+ 3.42 + Price
Price= 22- (6.85*0.80) - (11.74*0.85) - 3.42
Price= $3.12
The correct answer is A. A presentation outline helps the speaker remember what to say during his or her speech.
Explanation:
In presentations, an outline summarizes the content of the presentation by including main ideas and supporting details. Additionally, in presentations, there are two main types of outlines a preparation outline and a presentation outline. A presentation outline differs from a preparation outline because a presentation outline is used during the speech. This outline includes brief ideas or keywords that remind the speaker of the main points he/she needs to cover; in this way, the speaker can follow a specific order during the presentation and avoid missing any important details. Thus, the purpose of this outline is to help the speaker what to say or the main ideas of the speech (option A.)
The amount that will be received as payment in full by the seller after deducting the return of $250, and applying the 2/10, net/30 terms will be equal to $4,361 on May 4.
<h3>What is
the 2/10, net/30 rule?</h3>
2/10 Net 30 refers back to the change credit offered to a customer for the sale of products or services. 2/10 net 30 approach that if the amount due is paid within 10 days, the customer will experience a 2% discount.
Otherwise, the amount is due in complete within 30 days.
As per the information:
Selling price: $4,700
Discount: 2% (if paid within 10 days of purchase)
returned: $250
The actual amount to be received by the seller:
Hence, The amount that will be received as payment in full by the seller after deducting the return of $250, and applying the 2/10, net/30 rule will be equal to $4,361 on May 4.
learn more about 2/10 Net 30 terms:
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The accounting method under which revenues<span> are recognized on the income statement when they are earned.</span>
