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2 years ago

In 2007, the Federal Reserve began buying greater quantities of Treasury bonds than usual. What was the intent of this decision

1 answer:

7 0

The intention of the Federal Reserve on buying large quantities of Treasury bonds is to drive down interest rates.

The Federal reserve began responding to rising unemployment in 2007 with the main tool of traditional monetary policy which is interest rate cuts.

The Federal reserve boosts the economy by reducing the interest rate that banks pay each other for overnight loans.

In conclusion, the intention of the Federal Reserve on buying large quantities of Treasury bonds is to drive down interest rates.

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Based on the following data for the current year, what is the inventory turnover? Sales on account during year $700,000 Cost of

Elodia [21]

Answer:

2.7

Explanation:

The inventory turnover is defined as the ratio between the cost of merchandise sold during the year and the average inventory.

Average inventory can be defined as the mean between initial and ending inventory. The inventory turnover is:

$IT=\frac{\$270,000}{\frac{\$110,000+\$90,000}{2} } \\IT=2.7$

The inventory turnover ratio is 2.7.

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3 years ago

Furnaces & Filters Inc. is a public company whose shares are traded in the public securities markets. Under the Sarbanes-Oxl

Veseljchak [2.6K]

Answer:

internal disclosure controls and procedures.

Explanation:

"Internal disclosure controls and procedures" is a new term created by the Sarbanes-Oxley Act of 2002 and it refers to controls and procedures that must be setup by top management of a corporation in order to ensure that the information it discloses under the Securities Exchange Act is properly recorded, processed, summarized and reported.

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3 years ago

Portal/site/MKTG-301-30-S1-2122/tool/Acdab 156 4646-412-6727.63abf7286271/e/delivery/deliver Assessment

Mekhanik [1.2K]

Answer:

this is the community his work about the system so he cannot ans this question sorry

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2 years ago

If gross pay increases by $500, total employee benefits increase by $200 and total job expenses decrease by $300, then total emp

denis23 [38]

Answer:

option (d) increases by $1,000

Explanation:

Data provided in the question:

Increase in gross pay = $500

Increase in total employee benefits = $200

Decrease in total job expenses = $300

Now,

The change total employment compensation

= Increase in gross pay + Increase in total employee benefits + Decrease in total job expenses

= $500 + $200 + $300

= $1,000 (Here, the positive value means an increase )

Hence,

The answer is option (d) increases by $1,000

5 0

3 years ago

Straight-Line Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,000 on January 1, 2019. The truck is expec

choli [55]

Answer:

Explanation:

The computation of the depreciation expense under straight-line method is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($42,000 - $1,990) ÷ (5 years)

= ($40,010) ÷ (5 years)

= $8,002

In this method, the depreciation is same for all the remaining useful life

The journal entries are shown below:

For 2019

Depreciation expense A/c Dr $8,002

To Accumulated Depreciation A/c $8,002

(Being depreciation expense is recorded)

For 2020

Depreciation expense A/c Dr $8,002

To Accumulated Depreciation A/c $8,002

(Being depreciation expense is recorded)

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2 years ago