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12345 [234]
2 years ago
10

The First Bank of the United States had characteristics that differ from those of the modern central bank of the United States.

Which
of the following is one such characteristic of the First Bank of the United States? (1 point)
Business
1 answer:
katovenus [111]2 years ago
3 0

Answer:

Alexander Hamilton's grand experiment in central banking began in 1791 to assist a post-Revolutionary War economy and ended 20 years later.

Explanation:

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Dozens of companies produce plain white socks. Consumers regard plain white socks as standardized and don't care who manufacture
Dmitry_Shevchenko [17]

The correct answer is A) Yes, meets all assumptions.

Dozens of companies produce plain white socks. Consumers regard plain white socks as standardized and don't care who manufactures their socks: Yes, meets all assumptions.

What we are trying to do here is to define if the affirmation is about a competitive market. And the answer is yes, it meets all assumptions. The socks market is a competitive market because it has a large number of buyers and sellers that is not as big if compared to the size of the total market. The socks matter is offering barely the same product to customers. There is no differentiation at all. And in this case, companies can enter or leave the market whenever they want.

6 0
2 years ago
swenson Saws produces bows, frame, dovetail, and tenon saws used by craft furniture makers. During an 8-hour shift, a saw is pro
RUDIKE [14]

Answer:

Given: Total shift time = 8 hours = 8 * 60 = 480 minutes

time required for production of one saw = 6 minutes

Demand for Bow saw = Demand for frame saw = Demand for dovetail saw = 1/2 * Demand of Tenon saw

a) Mixed model schedule:

Mixed model schedule

Product no. per batch

Bow Saw 1

Frame Saw 1

Dovetail Saw 1

Tenon Saw 2

Total 5

Therefore 2 Tenon Saw, and each bow, frame, and dovetail saws will be produced before the cycle is repeated.

b) 2 Tenon Saw, 1 bow, 1 frame, and 1 dovetail saws will be produced under production sequence for one unit production.

The length of cycle will be 5*6=30 minutes i.e. the cycle will repeat once in 30 minutes for 8 hours means totally it will repeat 16 times during one shift.

c) Number of saws Swenson produce in one shift = Number of Bow saw Swenson produce in one shift + Number of Frame saw Swenson produce in one shift + Number of Dovetail saw Swenson produce in one shift + Number of Tenon saw Swenson produce in one shift

Explanation:

7 0
2 years ago
Read 2 more answers
Suppose a stock had an initial price of $65 per share, paid a dividend of $1.45 per share during the year, and had an ending sha
DerKrebs [107]

<u>Solution and Explanation:</u>

<u>The total return is as follows: </u>

Total return = (Closing price – opening price + dividend) / opening price

=(\$ 58-\$ 65+\$ 1.45) / \$ 65

= -8.54%

Therefore, the total return is -8.54%

b. Dividend yield is as follows;

Dividend yield = Dividend / opening price

= $1.45 divided by $65

= 2.23%

Therefore, the dividend yield is 2.23%

c. the capital gain yield is as follows;

Capital gain yield = (Closing price – opening price) / opening price  

=(\$ 58-\$ 65) / \$ 65

= -10.77%

7 0
3 years ago
The weighted average cost of capital is​ ________. A. the cost of capital for the firm as a whole B. made up of three financing​
Alona [7]

Answer:

The answer is D. All of the above

Explanation:

The Capital structure of most companies comprise equity, debt and/or preference shares. All these that made up capital structure has cost or let's say return. We have cost of capital, cost of debt, cost of preference shares.

Therefore, weighted average cost of capital is average of the cost of each financing​ component(cost of capital, cost of debt and cost of preference shares), weighted by the proportion of each component

All the options relates to the weighted average cost of capital(WACC).

5 0
2 years ago
Fair Value Journal Entries, Trading Investments Jets Bancorp Inc. purchased a portfolio of trading securities during 20Y3. The c
Inessa05 [86]

Answer:

Trading Investments Jets Bancorp Inc.

Journal Entries - Fair Value:

Dec. 31, 20Y3:

                                                             Debit           Credit

Investment in Dolphins Inc.               $3,200

Gain (Loss) on Investments                                     $3,200

To record the investment's fair value and gain.

Gain (Loss) on Investments            $4,200

Investment in Marino Company                              $4,200

To record the investment's fair value and loss.

Gain (Loss) on Investments            $1,200

Investment in Namath Company                             $1,200

To record the investment's fair value and loss.

May 10, 20Y4:

Investment in Jets Bancorp Inc     $24,000

Brokerage Commission                       $150

Cash Account                                                          $24,150

To record purchase of 1,000 shares at $24 per share plus commission.

Explanation:

a) Trading securities are a category of securities that include both debt securities and equity securities.   An entity holds them with the intention  to sell in the short-term for a profit that arises from increases in the prices of the securities.

b) Fair value is an asset's selling price, which is freely agreed upon between a willing and knowledgeable buyer and seller.  But, for Debt Securities, it represents the market value of the investments at any point in time when financial statements are being prepared.  Investments that are held for trading purposes are required to be accounted for, using the fair value method.  This implies that the gains and losses, both realized and unrealized must be accounted for whenever financial statements are bing prepared or when the investment is disposed of.

3 0
3 years ago
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