<u>Answer: </u>Prime rate
<u>Explanation:</u>
Prime rate is the rate of interest charged by the commercial banks to their creditworthy customers for short term loans. These customers are usually big corporations involved in business. RRR is the required reserved ratio which the deposits that banks must keep in hand.
Federal funds rate is the charges that banks impose on other banks for borrowing. Federal fund rate is used in the calculation of the prime rate. Money multiplier formula means the bank uses to calculate the new money inflow through demand deposits.
Answer:
<em>Role conflict</em>
Explanation:
Role conflict arises <em>whenever there are inconsistencies in their daily lives or workplace between different roles or jobs that a person assumes or performs.
</em>
In certain instances, the conflict is the outcome of opposing responsibilities, resulting in a conflict of interest, in others, when an individual has roles that have different status, and it also arises when people are unhappy about what the duties should be for a specific role, be it in the personal or business regions.
Answer:
Biotechnology: Technology that applies the power of microbes toward the manufacture of industrial products, foods, and drugs
Bioremidation: Process that involves the introduction of microbes into the environment to restore stability or to clean up toxic pollutants
Genetic Engineering: Newer technology that manipulates the genetics of microbes, plants, and animals to create new products and genetically modified organisms (GMOs)
Answer:
deferred income tax benefit during 2018: 6,700
deferred income tax liability ending balance 27,400
Explanation:
beginning deferred tax laibility 34,000
this will change to 21,000 for the tax rate change
(100,000 x 21% = 21,000)
thus there is a decrease of 13,000 in the tax liablity
Then:
book income 400,000
temporary differenc(net): (30,000)
Taxable income 370,000
30,000 x 21% = 6,300 additional deferred tax expense
13,000 benefit - 6,300 deferred tax expense = 6.700 benefit
Answer:
Option D) 1,200 shares held at a cost basis of $37.50 per share
Explanation:
Data provided in the question:
Number of shares of ABC stocks purchased by the customer = 1,000
Price per share of ABC stock = $44
Commission paid = $1.00 per share
Stock dividend declared = 20%
Now,
The Payment of a stock dividend will increase the number of shares held by the investor
also,
each share is theoretically worth less after the stock dividend is paid.
Therefore,
The number of shares customer will have = Shares purchased × (1 + Dividend declared)
= 1000 × ( 1 + 0.20)
= 1200 shares
Also,
Cost basis for the share = Selling price + Commission
= $44 + $1
= $45
Thus,
The adjusted cost basis = $45 ÷ 1.20
= $37.50 per share
Hence,
Option D) 1,200 shares held at a cost basis of $37.50 per share
