All categories

3 years ago

Describe the functions of SARB

Business

2 answers:

zavuch27 [327]3 years ago

8 0

Answer:

The Reserve Bank's responsibilities include formulating and implementing monetary policy, promoting financial stability, issuing banknotes, providing banking services to government, operating the high-value payments system, managing Australia's foreign reserves and setting payments system policy.

Wittaler [7]3 years ago

5 0

Answer:

In pursuit of its mandate and purpose, the Bank performs the following key functions: formulating and implementing monetary policy; promoting financial stability; regulating and supervising the banking and insurance industry through the Prudential Authority; issuing banknotes and coins

You might be interested in

Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $219,400 $585,000 Variable costs 88,000

coldgirl [10]

Answer:

Beck Inc. and Bryant Inc.

Beck Inc. Bryant Inc.

a. Operating leverage 0.4 0.1

b. Increase in income $19,710 (27%) $35,100 (18%)

c. The difference in the INCREASE of income from operations is due to the difference in the operating leverages. Beck Inc.'s HIGHER operating leverage means that its fixed costs are a HIGHER percentage of contribution margin than are Bryant Inc.'s.

Explanation:

a) Data and Calculations:

Beck Inc. Bryant Inc.

Sales $219,400 $585,000

Variable costs 88,000 351,000

Contribution margin $131,400 $234,000

Fixed costs 58,400 39,000

Income from operations $73,000 $195,000

Total costs $146,400 $390,000

Operating leverage 1.8 1.2

Operating leverage = Contribution Margin/Income from operations

Increase in Sales by 15%

Beck Inc. Bryant Inc.

Sales $252,310 $672,750

Variable costs 101,200 403,650

Contribution margin $151,110 $269,100

Fixed costs 58,400 39,000

Income from operations $92,710 $230,100

Increase in income $19,710 (27%) $35,100 18%

3 0

3 years ago

Example of direct cost

vichka [17]

Answer:

Direct labor.

Direct materials.

Manufacturing supplies.

Wages for the production staff.

Fuel or power consumption.

plz follow me

7 0

3 years ago

Troy files a petition for bankruptcy. Troy must include with the petition

FrozenT [24]

The answer to this question will be A

3 0

3 years ago

Jill took $80 comma 000 that she had in savings and started her own business. If left in investments she would have earned $8

nekit [7.7K]

Answer:

$190,000 ; $228,000

Explanation:

Accounting Cost:

= Salary of Jill + Labor costs + Insurance and mortgage payment

= $60,000 + $90,000 + $40,000

= $190,000

Economic Cost:

= Accounting Cost + Investment return lost + Loss in Salary + Loss in Rent

= $190,000 + $8,000 + ($80,000 - $60,000) + ($50,000 - $40,000)

= $228,000

Therefore, accounting and economic costs are $190,000 and $228,000, respectively.

4 0

4 years ago

LO 1.4When a representative of an organization gives money to another business official in order to gain favor and/or manipulate

Vadim26 [7]

Answer:

bribery

Explanation:

Bribery, the act of offering, granting, accepting, or authorizing to receive payments or any other object of consideration with the dishonest intent of manipulating a government official in performing his work duties. If money is given or agreed in return for a dishonest act, each act does not have to be done by the professional concerned.

While bribery primarily included contact with judges, its concept has already been extended to provide acts by all types of government representatives, from municipal to federal level, and to include all federal employees.

3 0

3 years ago

Describe the functions of SARB​

Describe the functions of SARB