Answer:
The Federal Reserve has been at times biased in favor of the financial industry, because they have often put inflation targeting above the need to reduce unemployment when executing monetary policy. Besides, the financial industry has often been rescued by massive loans from the Fed.
However, the Federal Reserve has also acted in favor of reducing unemployment, specially during recessions, by expanding the money supply through a policy known as quantitative easing.
In conclusion, we can say that the Fed tends to be biased in favor of the financial industry, but not at all times.
Answer:
She failed to cover up the co-worker's improper claim of a personal expense on a company expense report.
Explanation:
Analyzing the above case, it is correct to say that the supervisor Jasmine failed to cover up the undue complaint of the co-worker, as the accident occurred when he was on a personal mission and unrelated to the company's business, which makes the company not has legal obligations to pay for repairs to his car and these are broken down in a company expense report like the one approved by Jasmine.
Therefore, the supervisor acted unethically and did not follow the company's legal regulations.
Answer: False.
Explanation:
At the rate of 10% interest per year on $5000, William would earn:
=> 5000 x 10/100 = $500 a year.
In three years William would earn:
=> 3 x 500 = $1500 in three years.
The interest William would earn in three years is $1500 which is higher than $1000 dollars.
Answer:
10.34%
Explanation:
Calculation to determine what will Nantucket's new WACC be
New Firm Value= $640,000 + (.34) ($300,000)
New Firm Value= $742,000
Capital Structure = $300,000 + $442,000
($742,000-$300,000=$442,000)
rs = .12 + (300/442) * (.12 - .08) * (1 - .34)
rs= .12 + .0179
rs = .1379*100
rs = 13.79%
Now let calculate the New WACC
New WACC = (300/742) * (.08) * (1 - .34) + (442/742) * (.1379)
New WACC= .0213 + .0821
New WACC= .1034*100
New WACC= 10.34%
Therefore what will Nantucket's new WACC be is 10.34%
