If the Federal Reserve did not regulate monetary policy, monitor banks, and provide services for banks, then the transactions would be more costly and interest rates will be more.
The Federal Reserve (Fed) in the US manages the economic and financial system in US. It regulate the monetary policy, monitor banks and provide services for banks. They monitor banks so that there will be no more increases in the costs of transactions than the cost agreed by the Fed. Also it will also reduce the possibility of increase in interest rates as the monetary policy is also implemented by the Fed. As a head of the banks, the Federal Reserve also provide services to other banks. In short, the Fed keeps the US economy stable. If they did not regulate monetary policy, monitor banks, and provide services for banks, then it would have been hard to keep this economic stability in US.
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Answer:
A. Three performance obligations: 1. software license 2. installation support 3. technical support services
Explanation:
Under the ASU 2014-09, the obligations of the software developer includes software licensing, installation support as well as technical support services.
This is necessary because the software being developed is peculiar to the company that the software is being made for and as such would require that the software gets licensed by the appropriate council or board, assist with installing the software until personnel have been trained and/or contract expires and also provide support services for the software should it run into any problem while in use.
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Answer:
Created by a Professor Michael E. Porter, from Harvard, this model explains the various forces applied to a business.
Competition in the industry
: Are there competitors in the industry? If so, are they numerous and weak or is the industry dominated by a few major players?
Potential of new entrants into the industry
: What's the risk of having new competition? If you are selling a product, can you protect it with a patent for example?
Power of suppliers
: Can the suppliers of what you need easily affect the prices? It's basically asking if there is competition in your suppliers' market.
Power of customers
: That related to your customer base. If your customer base is large, chances are no individual will be able to force your price down. But if you are dealing with a limited number of customers, one of them might force you to lower your prices.
Threat of substitute products: Is there any comparable product/service offered at a lower cost that might bring your prices down?
Answer:
The amounts that Beldon should capitalize as the cost of the land and the new building is $64,900 and $528,500 respectively
Explanation:
The computations are shown below:
For land:
= Purchase value of the land + Demolition of old building + Legal fees for title investigation of land - Salvaged materials
= $60,000 + $4,500 + $2,500 - $2,100
= $64,900
For building:
= Architect’s fees (for new building) + Construction costs + Interest on construction loan
= $13,000 + $510,000 + $5,500
= $528,500
Answer:
d) 0.750
Explanation:
The computation of the correct value for the resulting line's efficiency is shown below:
Efficiency = All task times sum ÷ (Actual number of workstations × cycle time)
where,
All task times sum is 60 minutes
The Actual number of workstations is 8
And, the cycle time is
Since 600 seconds = 10 minutes
And 1 minute = 60 seconds
So, the cycle time would be
= 600 ÷ 60
= 10 minutes
Now placing these values to the above formula
So, the resulting line's efficiency is
= 60 ÷ (8 × 10)
= 60 ÷ 80
= 0.750
