Answers
Answer: b. Glass Steagal separated the commercial loan balance sheet of a bank from the investment banking arm (a much riskier part of bank operation). It was important because without this separation, when a bank fails due to bad investments, it also fails all of its commercial duties to keep the economy liquid.
Explanation:
The 1920s came with a fast rising American economy. The stock market portrayed this rise by making huge profits for the public and so people wanted to get into stocks more and more until the stock market crashed and million lost money.
Some of those who participated had borrowed the funds from commercial banks which now had losses as they had loaned out money that could be used for other commercial duties. The proponents of Glass Steagal believed that separating a bank's commercial side from investing would fix this.
Related Questions
Arabian Beauty Cosmetics borrowed BD 152.300 from the National Bank of Bahrain (NBB) for three years. If the quoted rate (APR) is 11.75%, and the compounding is daily, what is the Effective Annual Rate?
Answers
Answer: 12.47%
Explanation:
First convert the APR to the relevant periodic rate.
The compounding is done daily so the periodic rate is:
= 11.75%/365
Effective Annual rate is calculated by the formula:
= ( 1 + periodic rate) ^ compounding period per year - 1
= ( 1 + 11.75%/365)³⁶⁵ - 1
= 12.47%
with vivid example from Tanzania explain how commerce completes production process
Answers
Answer:
Commerce is a fundamental part of the productive economic process, through which the goods and services that were produced in an economy are placed on the market. Thus, it is part of the third sector of the economy, capitalizing production and supplying the public with the goods and services it needs for its daily development.
Thus, for example, the Tanzanian economy is made up of 80% agricultural production, which makes up the primary sector of the economy. This country lacks a developed industrial structure, so its secondary sector is very short. Now, the agricultural products that are produced in the country are marketed both in the domestic market and through exports, with which the tertiary sector of the Tanzanian economy is based in turn on the nation's primary production.
Standard Deviation (%) R 2 Beta Standard Error of Beta TDM 13 0.49 0.83 0.11 LLW 21 0.01 0.21 0.25 What proportion of each stock's risk was market risk, and what proportion was specific risk
Answers
Answer:
Note: These values are not from this question, as this question is incomplete and lacks necessary data. So, in order to solve this question and deliver you the main concept. I have chosen some random values.
Answer is explained in the explanation section.
Explanation:
Solution:
Data Given:
This question is about the two well known Canadian Stocks namely:
1. Toronto Dominion Bank
2. Research in Motion.
Data For Toronto Dominion Bank:
For answering about the proportion of risk involved in each of stocks, we just need the value of [tex]R^{2}[/tex].
Note: These values are not from this question, as this question is incomplete and lacks necessary data. So, in order to solve this question and deliver you the main concept. I have chosen some random values.
[tex]R^{2}[/tex] value for TDB = 0.77
[tex]R^{2}[/tex] value of 0.77 means, 77% of the risk is derived from the market movements. So we can say it as this 0.77 or 77% of proportion for Toronto Dominion Bank is of market risk.
Generally speaking, in market risk there is the probability that people will lose their investments due to the factors that create negative impacts on the market.
Whereas, specific risk is totally opposite to market risk and people specific to any company or group may experience losses but not the whole market, which is the case in market risk.
Where as, remaining 0.23 or 23% of the risk is unique risk or specific risk.
Similarly for the other stock:
[tex]R^{2}[/tex] value for Research in Motion = 0.44
[tex]R^{2}[/tex] value of 0.44 means 44% of the risk is derived from the movements of the market or it is market risk. On the other hand, remaining 0.66 or 66% of the risk is specific risk or unique risk.
A company is considering an investment in a machine that it believes will speed up production of a product. The machine will cost the company $. Products produced using the machine will sell for $ per unit. The variable cost per unit incurred producing the product is believed to be $. What quantity of sales is required for the company to break even if it purchases the machine?
Answers
Answer:
133,334 units
Explanation:
Note : I have attached the full question below
Break even point is the level at which a company makes neither profit nor a loss.
Break Even (units) = Fixed Cost ÷ Contribution per unit
Where,
Contribution per unit = Unit Selling Price - Unit Variable Cost
= $ 25 - $10
= $15
Therefore,
Break Even (units) = $ 2,000,000 ÷ $15
= 133,334 units
you are considering a project with the cash flows given below. calculate the present value of the future cash flows of the project. discount rate 25%
Answers
Answer:
the present value of the future cash flows is $846.57
Explanation:
The computation of the present value of the future cash flows is shown below:
The Present value of inflows is
= Cash inflows × Present value of discounting factor (rate%,time period)
= $100 ÷ 1.25 + $200 ÷ 1.25^2 + $300 ÷ 1.25^3 + $400 ÷ 1.25^4 + $500 ÷ 1.25^5 + $600 ÷ 1.25^6
= $846.5664
Hence, the present value of the future cash flows is $846.57
Samuel and Darci are partners. The partnership capital for Samuel is $61,400 and that of Darci is $86,300. Josh is admitted as a new partner by investing $52,900 cash. Josh is given a 20% interest in return for his investment. The amount of the bonus to the old partners is
Answers
Answer: $12780
Explanation:
From the information given, the total capital for the partnership is calculated as:
= $61400 + $86300 + $52900
= $200600
Josh's share = 20% × $200600
= 20/100 × $200600
= 0.2 × $200600
= $40120
The amount of the bonus to the old partner would be:
= $52900 - $40120
= $12780
A positive statement is Group of answer choices can be shown to be correct or incorrect. based upon an optimistic judgment. a value judgment. reflects one’s opinions.
Answers
Answer: can be shown to be correct or incorrect.
Explanation:
Positive statement are statements that are objective in nature based on research and evidence. This means that they can be shown to be either correct or incorrect.
They are not based on optimistic judgement but on objective judgement. They are not value judgements either and are not meant to reflect one's opinions but rather that of fact.
You are considering a gradual expansion of your restaurant's square footage. Three tables per year will increase your profits by 4% per year. Your current yearly profit is $135,000. What will your annual profit be after 5 years?
a) $138,909
b) $155,344
c) $164,248
d) $188,125
Answers
Answer:
Annual profit after 5 year = $164,248 (Approx)
Explanation:
Given:
Current year profit P = $135,000
Growth g = 4 % = 0.04
Number of year n = 5 year
Find:
Annual profit after 5 year
Computation:
Annual profit after 5 year = P(1+g)ⁿ
Annual profit after 5 year = 135,000(1+0.04)⁵
Annual profit after 5 year = $164,248 (Approx)
Answer:
C) $164,248
Explanation:
None, I did the quiz and that was the answer
. In the nation of Foxystan, a $1000 increase in consumer spending typically causes GDP to rise by $5000. The marginal propensity to save in Foxystan is equal to
Answers
Answer:
Explanation:pog
Based on the amount of consumer spending and the change in GDP, the Marginal propensity to Save is 0.20
First find the GDP multiplier:
= Change in GDP/ Change in spending
= 5,000 / 1,000
= 5
The multiplier is also calculated as:
Multiplier = 1 / Marginal propensity to save
5 = 1 / MPS
MPS x 5 = 1
MPS = 1/5
= 0.2
In conclusion, the MPS is 0.2
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Longshore Group bought a piece of equipment for use in its operations under the following terms: 5 annual payments of $64,000 for the equipment, including interest. Although the list price of the equipment was $315,000, Longshore Group could have bought it for $300,000 cash. Salvage value is $20,000. Which amount should Longshore Group use to record the purchase of the machine on its books
Answers
Answer:
$300,000
Explanation:
Calculation for Which amount should Longshore Group use to record the purchase of the machine on its books
Amount to record machine purchased=($64,000*5 annual payment)-$20,000
Amount to record machine purchased=$320,000-$20,000
Amount to record machine purchased=$300,000
Therefore the amount that Longshore Group should use to record the purchase of the machine on its books is $300,000
why does a venue require an F&B minimum
Answers
-I hope this helps!! Make me brainliest
In San Francisco, city regulations cap taxi licenses at 1500, creating a system in which demand for taxis exceeds supply and customer service is inadequate. Group of answer choices Strength Weakness Opportunity Threat
Answers
Answer: Opportunity
Explanation:
SWOT simply stands for the strengths, the weaknesses, the opportunities, and the threats that a particular business may face. Strengths are the attributes that are necessary to achieve organizational goals and to be successful.
Weaknesses are the attributes that re detrimental to the success of the company or achieving organizational goals.
Opportunities are the external factors that are favorable which can give a competitive advantage to an organization or allow the organization achieve its goals. Threats could hinder the success of the company.
Based on the analysis, the answer is Opportunity.
A manager receives a forecast for next year. Demand is projected to be 510 units for the first half of the year and 1,020 units for the second half. The monthly holding cost is $2 per unit, and it costs an estimated $55 to process an order. a. Assuming that monthly demand will be level during each of the six-month periods covered by the forecast (e.g., 85 per month for each of the first six months), determine an order size that will minimize the sum of ordering and carrying costs for each of the six-month periods.
Answers
Answer:
290 units
Explanation:
The order size that will minimize the sum of ordering and carrying costs is known as the Optimum Order Quantity or Economic Order Quantity (EOQ).
At this point, the Ordering and Carrying costs will be at their minimal.
Optimum Order Quantity = √2 × Annual Demand × Ordering Cost per unit ÷ Holding Cost per unit
Where,
Annual Demand = 1st half + 2nd half
= 510 units + 1,020 units
= 1,530 units
Therefore
Optimum Order Quantity = √ (2 × 1,530 units × $55) ÷ $2
= 290
Conclusion
The order size that will minimize the sum of ordering and carrying costs is 290 units
An accountant passed the closing entries of the expenses and then closed all the expense accounts by crediting them. Which account should she debit to complete the dual aspect of the journal entry
Answers
Answer:
Profit and Loss Account or Income Statement
Explanation:
When closing off an expense, we debit the Expense Account and Credit the Profit and Loss Account or Income Statement. This is because an Expense is accounted as a decrease in the profit of the company. The Final Statement that reports profit is the Profit and Loss Account or Income Statement.
Linda owns a cosmetics manufacturing and retail business. She plans to launch a new product, and wants to make a product announcement to some of her chosen regular clients. Which mode of business communication might serve Linda’s purpose? A. email B. business letter C. memorandum D. fax
Answers
Answer:
the correct answer is B. business letter
Explanation:
Business letters are printed modes of formal communication with external stakeholders. Such letters are usually short and include specific details. Invoices, payment-due notices, customer complaints, and product announcements are examples of business letters.
For the purpose of mass communication regarding new product announcement to the regular clients, Linda may use the modes of communication like email.
What are the modes of communication?Modes of communication are such modes, which are used to convey a message or a part of communication to an individual or a group at a given time and for a specific purpose.
In the above situation, Linda might have the email addresses of her regular customers. With the help of communication modes like email, she might be able to make an announcement of a new product to her clients.
Hence, option A; email serves as the best mode of communication for Linda to convey the message of new product announcement to her regular clients.
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Ronnie's Custom Cars purchased some fixed assets two years ago for $50,000. The assets are classified as 5-year property for MACRS. Ronnie is considering selling these assets now so he can buy some newer fixed assets which utilize the latest in technology. Ronnie has been offered $27,000 for his old assets. What is the net cash flow from the salvage value if the tax rate is 34 percent
Answers
What should be the minimum amount of years you allow your retirement
investments to grow?
a. 10 years
b. 20 years
c. 30 years
d. 40 years
Answers
Answer:
a. 10 years
Explanation:
Investing for retirement is a long-term project. The earlier a person starts to invest, the better for them as they will enjoy the benefits of compounding.
Ideally, saving for retirement should start the moment one gets employed. This gives them ample time to save and accumulate money for use in retirement. There is no upper limit as to how many years one should save for retirement. However, one needs to save for at least ten years to have sufficient funds for retirement.
RWJ inc., produces the different medical devices. the following relates to the three products for next year. under an activity-based costing system, the per-unit overhead cost of device z is closest to
Answers
Answer:
Exing relates to the three products for next yeaplaRWJ inc., produces the different medical devices. the following relates to the three products for next year.nation:
In your own words, describe the differences between the industrial organization (I/O) and the resource-based models of above-average returns. As an analyst, how would you determine the significance or validity of these models with respect to a given industry
Answers
Answer:
The differences between the industrial organization (I/O) and the resource-based models of above-average returns can be summarized as follows:
1. The I/O model stresses that above-average returns can only be achieved given the opportunities and threats of the prevailing market structure. This implies that the returns that the entity achieves depend on whether the market is a perfect competition, a monopoly, a monopolistic competition, or an oligopoly. It is eternally-focused. The I/O model is a market-based strategic approach that is environmentally-driven.
2. On the other hand, the resource-based model explains that the entity could achieve above-average returns because of the entity's unique or heterogeneous resources and capabilities. Therefore, this approach tends to match a firm's resources and capabilities to the market opportunities that arise in the external environment. This strategic approach concentrates on the strengths and weaknesses of the internal resources and capability endowment.
3. In any given industry, the significance or validity of these models can be determined by examining how the business entity spends its resources. Is the entity developing its internal capability through training and, what is its cultural orientation? Or is it fighting the competition with its resources, thereby dissipating energy on market positioning?
Explanation:
The I/O model or market-based theory is of the view that market opportunities and threats determine the achievable outcomes for an entity. It takes what the market gives. The resource-based theory has a different view. It suggests that the internal resources an entity possesses are valuable, rare, uncommon, and difficult for competitors to replicate. Therefore, it tries to develop these resources and capabilities in order to achieve superior performance. It is not a price or profit taker but a price mover and profit shaker.
Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest will provide $1000 in the first year, and will grow by 7% per year, forever. If the interest rate is 11%, how much must Martin provide to fund this bequest
Answers
Answer:
$25,000
Explanation:
Calculation for how much must Martin provide to fund this bequest
Using this formula
Value provided to fund bequest= First year Cash flow /(Interest rate-Growth rate)
Let plug in the formula
Value provided to fund bequest=$1,000/(0.11-0.07)
Value provided to fund bequest=$1,000/0.04
Value provided to fund bequest=$25,000
Therefore the amount that Martin must provide to fund this bequest is $25,000
what type of leadership focuses on alternative methods of conducting organizational change processes.
Answers
Answer: Organizational change leader
Explanation:
The organizational change leader is the big hand for controlling the changes in the organization and management. This involves the change centric leadership. The leader should not look upon the upward organizational hierarchy to seek help instead must take actions and must implement them on others. Empowering the stakeholders. Managing the team discussions and working ethics and credibility.
Question # 6
Fill in the Blank
Complete the following sentence. Remember to spell correctly.
Limiting the amount of imported sugar that can be brought into the United States is an example of a(n) ______
Answers
Answer: Import quota
Explanation:
Import quotas are a means of controlling trade into a country. It is usually done because the good being imported is produced in the importing country but when it is imported it is cheaper which will have the effect of harming the domestic producers.
Import quotas will restrict trade by limiting the amount of the specific good that can be imported into the country within a given period. For instance, the U.S. mandating that only 30,000 tonnes of sugar may come into the country in a year. After that amount, no more sugar will be allowed in.
When is a manufacturer most likely to RAISE the price of a product?
when demand for the product increases
when a competitor makes a better product
ОООО
C
when a cheap substitute for the product appears in stores
when the cost of raw materials declines
Answers
Answer:
Its (A) When demand for the product increases
Explanation: I just tooke the Economics Exam.
Drag the tiles to the correct boxes to complete the palrs.
Match the examples with the proper communication terms.
75 pointsss!!!!!!!!
Answers
Answer:
Ben says to an employee, "Your report had an excellent introduction. Can we work together on the body and conclusion to get'it perfect?" → constructive
Ingrid says to an employee, "Don't come back to work unless you are on time tomorrow." → destructive criticism
Linda says to an employee, "I have a hard time defending tardiness. Can you help me understand why you've been late to work this week?" → l-statement
David sends out a newsletter that lists the results of the employee satisfaction survey. → written communication
Constructive, destructive criticism, l-statement, and written communication are the correct order in which the statment will be written.
What is a communication style?The assertive communication style, which is considered to be the most effective, promotes an open line of communication while remaining nonobtrusive. When expressing their own needs, wants, opinions, and feelings, the motivated staff takes into account the requirements of others.
Ben tells one of the workers, "Your report's introduction was superb. Can we collaborate to perfect this body and conclusion?" This form of communication is Constructive.
Don't come back to work unless you are on time tomorrow, Ingrid tells a worker. This is a destructive criticism.
Linda tells a worker, "I find it challenging to excuse being late. Could you explain to me why you arrived late to work this week?" An l-statement is this.
In a written communication, David distributes a newsletter that contains the findings of the employee satisfaction survey.
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Assume an after-tax savings interest rate of 7 percent and a tax rate of 28 percent. (a) Calculate the total rental cost and total buying cost
Answers
Complete Question
Annual rent $ 7,380
Insurance 145
Security deposit 650
Annual mortgage payments $9,800 ($9,575 is interest)
Property taxes 1,780
Insurance/maintenance 1,050
Down payment/closing costs 4,500 Growth in equity 225
Estimated annual appreciation 1,700
Assume an after-tax savings interest rate of 7 percent and a tax rate of 28 percent.
(a) Calculate the total rental cost and total buying cost.
Answer:
Explanation:
(a)Rental Costs
Buying Costs $7,380
Rent $9,800
The following calculations were made:
Interest lost on security deposit
= Security deposit × 7%
= $650 × 0.07 = $45.5
Interest lost on down payment and closing cost
= Down payment × 7%
= $4,500 × 0.07 = $315
Tax savings for mortgage interest =
Interest × 28%
$9,575 × 0.28 = $2,681
Tax savings for property taxes =
= Property taxes × 28%
$1,780 × 0.28 = $498
Tax assessors cannot do "spot" reassessments of properties unless
Answers
Tax assessors cannot do "spot" reassessments of properties unless a material change in the property is reported.
What is Tax assessors?Tax assessor is a person who assess the value of the tax and makes the use of the property in order to determine the value of the tax. The work done by the tax assessor refers to the Tax assessment or simply just assessment.
The tax is calculated by the tax assessor in order to collect the tax, which will act as the revenue for the government. Those taxes are used for the defense works, purchase of technology and doing the welfare of society.
Therefore, it can be concluded that unless a major change in the property is disclosed, tax assessors are not permitted to perform "spot" reassessments of properties.
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Warner Company purchases $50,100 of raw materials on account, and it incurs $62,800 of factory labor costs. Supporting records show that (a) the Assembly Department used $33,500 of the raw materials and $44,400 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments.
Answers
Answer:
[Debit] Work In Process : Assembly Department $47,064
[Debit] Work In Process : Finishing Department $19,504
[Credit] Overheads $66,568
Explanation:
Note that overheads are assigned to departments on the basis of 160% of labor costs. Thus, our first point of call is to determine the labor cost for the respective departments. After that we then apply the 160 % to arrive at the Overheads assigned to that department
Step 1
Determine Departmental Labor Cost
Total Labor Costs = $62,800
Assembly Department = ( $44,400)
Finishing Department = $18,400
Step 2
Determine Overhead Cost for the Departments
Assembly Department ( $44,400 × 160 %) = $47,064
Finishing Department ( $18,400 × 160 %) = $19,504
Step 3
Journalize
Debit the Work In Process Account for the respective department and Credit the Overheads Account as above.
Souza Inc, which produces and sells a single product, has provided its contribution format income statement for October.
Sales (4,000 units) $88,000
Variable expenses 40,000
Contribution margin 48,000
Fixed expenses 41,700
Net operating income $6,300
If the company sells 3,500 units, its net operating income should be closest to:_______
a. $5,513
b. -$4,700
c. $6,300
d. $300
Answers
Answer:
d. $300
Explanation:
Calculation for what its net operating income should be closest to
Using this formula
First step is to calculate the contribution margin per unit using this formula
Contribution margin per unit= Contribution margin ÷ Number of units
Let plug in the formula
Contribution margin per unit= $48,000 ÷ 4,000 units
Contribution margin per unit= $12
Second step is to calculate the contribution margin
Contribution margin = 3,500 units × $12
Contribution margin = $42,000
Now let calculate the net operating income using this formula
Net operating income = Sales - Variable cost - Fixed expenses
Let plug in the formula
Net operating income= $42,000 - $41,700
Net operating income= $300
Therefore its net operating income should be closest to $300
how will you prove that a piece of stone occupies space
Answers
Explanation:
it is so weird, but try to understand
Select the following three roles in a business that do not carry personal liability for any judgments against the company.
the owner in a sole proprietorship
a limited partner in a partnership
a general partner
a corporation shareholder
the CEO of a major corporation
Answers
Answer:
first third and fourth
Explanation:
saw it on quizlet
