Answer:
Money multiplier, MM = (1 + Currency-deposit ratio) / (Currency-deposit ratio + Excess reserve ratio + Required Reserve ratio)
(a) Initially,
MM = (1 + 0.25) / (0.25 + 0.05 + 0.10) = 1.25 / 0.4 = 3.125
(b) Currency-deposit ratio = 0.3
MM = (1 + 0.3) / (0.3 + 0.05 + 0.1) = 1.3 / 0.45 = 2.89
(c) Excess reserve ratio rises to which number? MM cannot be computed unless exact number is provided.
Answer: To prescribe enough policies to give organizational members clear direction and to place desirable boundaries on their actions, then empower them to act within these boundaries however they think makes sense.
Explanation:
A useful guideline in designing strategy-facilitating policies and operating procedures is: to prescribe enough policies to give organizational members clear direction in implementing strategy and to place reasonable boundaries on their actions, then empower them to act within these boundaries however they think makes sense.
Answer:
Earnings per share
= <u>Net income - Preferred dividend </u>
No of common stocks outstanding
= <u>$1,500,000 - 0</u>
1,000,000 shares
= $1.50 per share
P/E ratio = <u>Market price per share</u>
Earnings per share
15 = <u>Market price per share</u>
$1.50
Market price per share = 15 x $1.50
= $22.50
Explanation:
In this question, there is need to calculate earnings per share by dividing net income by number of common stocks outstanding. Thereafter, we will apply P/E ratio formula, where P/E ratio and earnings per share are known. We will make market price per share the subject of the formula.
Answer:
D) planning master scheduling, material requirements planning, capacity requirements planning, detailed scheduling
Explanation:
The sequence of operational planning and control tasks that follow sales and operations planning is planning master scheduling, material requirements planning, capacity requirements planning, detailed scheduling.
Sales and operations planning (S&OP ) is a monthly integrated business management process that enables the executive management team to continually achieve objectives such as focus, control inventory costs, alignment and improve service levels of the organization.
Answer:
22.85
Explanation:
Present value (PV): $500,000
Rate: 6.5% per annual
Payment (PMT) : $40,000 per year
We can use excel to calculate the maximum number of whole payments that can be withdrawn before the account is exhausted
=NPER(rate, PMT, -PV,,1) = NPER (6.5%,40000,-500000,,1) = 22.85