To get this answer you can simply move the decimal over one.
Or you can multiple 5.30 *0.10 = 0.53
So you can then subtract 0.53 from 5.30 to get the answer of:
$4.77
Answer:
The correct option is B,$2000
Explanation:
The gain on the cash and property received by Juan can be computed thus:
Cash received $5,000
Property less mortgage:
Property value $6000
Mortgage ($1000) $5000
Total $10,000
less stock basis ($8,000)
gain on stock $2,000
Option A is since the value of cash and property received is not $8,000 which gives a no gain no loss outcome.
Option C is wrong since the property mortgage of $1000 must be deducted from the property before computing the gain or loss.
Option D is obviously wrong as the $11,000 is just the summation of property value of $6000 without considering mortgage and the cash received.
Answer: a) Financing Activity b) Investing Activity c) Investing Activity d) Financing Activity.
Explanation:
In the Cash Flow Statement there are 3 types of Activities, namely:
1) Operating Activity: This is for revenue and expenses that are accounted for calculation of Net Income.
2) Investing Activity: This includes the purchase and sale of assets: property, plant and equipment.
3) Financing Activity: This includes cash inflows from issuance of bonds, stocks and it also includes cash outflow from paying dividends to stockholders.
A traditional life insurance policy pays the beneficiaries of the policyholder at the time of the policyholder's death, whereas an endowment policy pays the insured if he or she is alive on the future (maturity) date named in the policy.
There are two different types of life insurance policies that policyholders may opt for depending on the policyholder's needs and requirements at the time:
- A traditional life insurance policy pays the beneficiaries of the policyholder at the time of the policyholder's death.
- An endowment policy pays the insured if he or she is alive on the future (maturity) date named in the policy.
- The maturity date specifies the time period in an endowment life insurance policy.
- An endowment policy is different from a life insurance policy in that it allows the policyholder to save regularly over a period of time as the period of endowment in the life insurance matures.
- The essential difference between a traditional life insurance policy and an endowment policy is that the former pays the beneficiaries at the death of the policyholder, while the latter pays the insured if the policyholder is alive on the maturity future date named in the policy.
Therefore, a traditional life insurance policy pays the beneficiaries of the policyholder at the time of the policyholder's death, whereas an endowment policy pays the insured if he or she is alive on the future (maturity) date named in the policy.
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Answer:
$12 billion
Explanation:
Given that,
Treasury securities purchased = $480 million
Reserve requirement = 4% of the deposits
Therefore,
Increase in bank deposits and money supply:
= 25 × $480 million
= $12,000 million
= $12 billion
Hence, there is an increase in the bank deposits and money by $12 billion.
