53% of U.s adults have very little confidence in newspapers, you randomly select 10 U.s adults who have very little confidence in newspapers is (a) five, (b) at least six and (c) less than four
a) p(5)=

Describe the development and functions of the U.S. banking system. Your answer should include, but not just be a catalog of, important legislation over time. Your answer should include the activities under taken by U.S. banks (as evidenced by their balance sheet and income statements).

6. How does the sudden wildfire that hit most states effect the U.S. economy in the SR? Be sure to outline the effects on U.S GDP, the price level and unemployment. What policies should the fed embark on to bailout the economy from the effects of the wildfire?

Sarasota Windows manufactures and sells custom storm windows for three-season porches. Sarasota also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by other vendors. Sarasota enters into the following contract on July 1, 2020, with a local homeowner. The customer purchases windows for a price of $2,440 and chooses Sarasota to do the installation. Sarasota charges the same price for the windows irrespective of whether it does the installation or not. The customer pays Sarasota $2,040 (which equals the standalone selling price of the windows, which have a cost of $1,130) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September 1, 2020, Sarasota completes installation on October 15, 2020, and the customer pays the balance due.

Sarasota estimates the standalone selling price of the installation based on an estimated cost of $420 plus a margin of 30% on cost.

Prepare the journal entries for Sarasota in 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Round answer to 0 decimal places, e.g. 5,125.)

eTextbook and Media

List of Accounts

Given uncertainty of finding skilled labor, Sarasota is unable to develop a reliable estimate for the standalone selling price of the installation.

Prepare the journal entries for Sarasota in 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)

show work and explain

Sarasota Windows manufactures and sells custom storm windows for three-season porches. Sarasota also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by other vendors. Sarasota enters into the following contract on July 1, 2020, with a local homeowner. The customer purchases windows for a price of $2,440 and chooses Sarasota to do the installation. Sarasota charges the same price for the windows irrespective of whether it does the installation or not. The customer pays Sarasota $2,040 (which equals the standalone selling price of the windows, which have a cost of $1,130) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September 1, 2020, Sarasota completes installation on October 15, 2020, and the customer pays the balance due.

Sarasota estimates the standalone selling price of the installation based on an estimated cost of $420 plus a margin of 30% on cost.

Prepare the journal entries for Sarasota in 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Round answer to 0 decimal places, e.g. 5,125.)

eTextbook and Media

List of Accounts

Given uncertainty of finding skilled labor, Sarasota is unable to develop a reliable estimate for the standalone selling price of the installation.

Prepare the journal entries for Sarasota in 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)

show work and explain

Cullumber Windows manufactures and sells custom storm windows for three-season porches. Cullumber also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by other vendors. Cullumber enters into the following contract on July 1, 2020, with a local homeowner. The customer purchases windows for a price of $2,520 and chooses Cullumber to do the installation. Cullumber charges the same price for the windows irrespective of whether it does the installation or not. The customer pays Cullumber $2,050 (which equals the standalone selling price of the windows, which have a cost of $1,110) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September 1, 2020, Cullumber completes installation on October 15, 2020, and the customer pays the balance due.

Cullumber estimates the standalone selling price of the installation based on an estimated cost of $430 plus a margin of 10% on cost.

Prepare the journal entries for Cullumber in 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Round answer to 0 decimal places, e.g. 5,125.)

eTextbook and Media

List of Accounts

Given uncertainty of finding skilled labor, Cullumber is unable to develop a reliable estimate for the standalone selling price of the installation.

Prepare the journal entries for Cullumber in 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)

1. Financial institutions in the U.S. economy

Suppose Nick would like to invest $9,000 of his savings.

One way of investing is to purchase stock or bonds from a private company.

Suppose TouchTech, a hand-held computing firm, is selling stocks to raise money for a new lab—a practice known as finance. Buying a share of TouchTech stock would give Nick the firm. In the event that TouchTech runs into financial difficulty, will be paid first.

Suppose Nick decides to buy 100 shares of TouchTech stock.

Which of the following statements are correct? Check all that apply.

The price of his shares will rise if TouchTech issues additional shares of stock.

An increase in the perceived profitability of TouchTech will likely cause the value of Nick's shares to rise.

The Dow Jones Industrial Average is an example of a stock exchange where he can purchase TouchTech stock.

Alternatively, Nick could invest by purchasing bonds issued by the U.S. government.

Assuming that everything else is equal, a municipal bond issued by a state most likely pays a   interest rate than a corporate bond issued by an electronics manufacturer.

1. For each of the following events draw a diagram of the foreign exchange market for dollars in equilibrium, and show the effect on the demand curve and/or the supply curve of dollars as a result of each of the events. Does the dollar rise or fall in value?

      i) Interest rates in the United States rise.

     ii) Speculators become convinced that the future value of the Japanese yen will be higher relative to the dollar than it is today.

2) What would happen to the value of the dollar if prices in the United States increased more rapidly relative to prices in other countries?

3) Suppose interest rates in the U.S. are 3% while interest rates on comparable bonds in Japan are 1%. By how much is the exchange rate between the yen and dollar expected to change according to the interest-rate parity condition?

4) Suppose the Federal Reserve reduces interest rates while interest rates in Europe do not change. Make use of a graph of the foreign exchange market to show how this will affect the value of the dollar.

5) Briefly explain how a U.S. company that exports to Europe can hedge against exchange rate risk

1. Financial institutions in the U.S. economy

Suppose Van would like to invest $9,000 of his savings.

One way of investing is to purchase stock or bonds from a private company.

Suppose NanoSpeck, a biotechnology firm, is selling bonds to raise money for a new lab—a practice known as____finance. Buying a bond issued by NanoSpeck would give Van____the firm. In the event that NanoSpeck runs into financial difficulty,____will be paid first.

Suppose instead Van decides to buy 100 shares of NanoSpeck stock.

Which of the following statements are correct? Check all that apply.

An increase in the perceived profitability of NanoSpeck will likely cause the value of Van's shares to rise.

Expectations of a recession that will reduce economywide corporate profits will likely cause the value of Van's shares to decline.

The price of his shares will rise if NanoSpeck issues additional shares of stock.

Alternatively, Van could invest by purchasing bonds issued by the U.S. government.

Assuming that everything else is equal, a municipal bond issued by a state most likely pays a _____ interest rate than a corporate bond issued by an electronics manufacturer.