Answer:
The correct answer is B
Explanation:
Defining the scope means all the work which is required to be completed in order to accomplish the objectives or goals of the project. In short, it comprise of the procedure of documenting, reviewing and the identifying the particular goals of the project, tasks, timeline dates, outcomes and costs to the objective of the project.
Therefore, the defining scope comprise of the process of organizational, reviewing the project charter and documents in order to establish the scope statement adding information as the requirements are developed.
Answer:
Amount paid to record is $58,900
Explanation:
In this question, we are asked to state the Journal entry as of March 1.
Please check attachment for tabular explanation
Kindly note that 360 is used as the number of days in a year
Answer:
$106.02
Explanation:
Div₀ - Div₉ = 0
Div₁₀ = $10 and then will grow by 6% forever
we must first determine the terminal value for year 9 using the dividend growth model:
P₉ = Div₁₀ / (Re - g) = $10 / (10% - 6%) = $10 / 4% = $250
now we shall discount this to present day value:
P₀ = $250 / (1 + 10%)⁹ = $250 / 2.3579 = $106.02
Answer:
C) 92 percent of its deposits.
Explanation:
Since, the reserve ratio represents the portion of deposit that a commercial bank must hold onto, rather than lend out or invest.
i.e. if reserve ratio = a%,
Then the percentage of amount that bank can land out = (100-a)%,
Here,
Reserve ratio = 0.08 = 8%,
Thus, the percentage of amount that bank can land out = (100-8)% = 92%.
i.e. bank can land 92 percent of its deposits.
It is to convert into or express in the form of currency.
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