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natima [27]
2 years ago
9

The primary policy tool used by the fed to meet its monetary policy goals is.

Business
1 answer:
Makovka662 [10]2 years ago
5 0

The primary tool used by the Fed to achieve monetary policy goals is <u>Open Market Operations.</u>

<h3>What are Open Market Operations (OMO)?</h3>
  • This refers to the trading of securities by the fed.
  • Securities traded include bills, notes, and bonds.

When the fed wants to increase the money supply, they will buy these securities from the public. If it is a decrease they they seek, they will sell securities to the public.

In conclusion, this is Open Market Operations.

Find out more about Open Market Operations at brainly.com/question/14256204.

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On august 31 of the current​ year, harvey co. decided to change from the fifo periodic inventory system to the​ weighted-average
Vsevolod [243]
The answer is "<span>As of January 1, Year 1".

The cumulative impact of an adjustment in accounting rule squares with the difference between retained income toward the start of time of the change and what retained profit would have been if the change was applied to all influenced earlier periods, accepting comparative financial statements are not exhibited. Starting retained profit of the earliest year exhibited is balanced for the cumulative impact of the change.
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4 0
3 years ago
Which one of the following statements is correct?A) NASDAQ has more listed stocks than does the NYSE.B) The NYSE is a dealer mar
ser-zykov [4K]

Answer:

A. NASDAQ has more listed stocks than does the NYSE.

8 0
3 years ago
Dana and Emile allocate​ 2/3 of their​ partnership's profits and losses to Dana and​ 1/3 to Emile. The net income of the firm is
Usimov [2.4K]

Answer:

Debit income summary $30,00

Explanation:

Closing entries are used to move balances from temporary accounts to permanent baccounts so that a business can recognise income or loss made during an accounting period.

2/3 profit and loss is for Dana, that is (2/3)* 30,000= $20,000

1/3 of profit is assigned to Emile that is (1/3)* 30,000= $10,000

So the close out entries will be

A debit to income summary of $30,000

A credit to Dana of $20,000

A credit to Emile of $10,000

6 0
3 years ago
Tina purchased a personal umbrella policy with a $1 million limit. Her insurer required her to carry liability limits of 250/500
algol13

Answer: $150000

Explanation:

The Personal Umbrella Policy helps in the provision of protection against a catastrophic judgement. Also, the excess liability insurance will be provided in amounts starting from $1-$10 million.

Based on the information given in the question, the amount that the insurer will pay under TIna's umbrella policy will be:

= $400,000 - $250,000

= $150,000

5 0
3 years ago
Profitability Ratios PJ's Ice Cream Parlor has asked you to help piece together financial information on the firm for the most c
Elodia [21]

Answer:

The return on assets = 6.53%

Explanation:

Since the debt ratio is 0.47 and the total debt value is $23 million By applying the debt equity formula we can find out the total debt value which is shown below:

Debt ratio = (Total debt ÷ Total assets)

0.47 = ($23 million ÷ Total assets)

So, the total assets = $23 million ÷ 0.47 = $48.94 million

And, the total assets would be equal to

= Total debt + total equity

$48.94 million = $23 million + total equity

So, total equity = $48.94 million - $23 million = $25.94 million

The return on equity is 12.3%. So, here we apply the return on equity formula which is shown below:

Return on equity = (Net income) ÷ (total equity)

12.3% = Net income ÷ $26 million

So, the net income would be $3.198 million

And, Return on assets = (Net income) ÷ (total assets)

= $3.198 million  ÷ $48.94 million

Hence, the return on assets = 6.53%

5 0
3 years ago
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