Answer:
Buying in bulk stops being a wise spending choice when the consumer buys more than is needed
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Answer: a. Liabilities increased by $1.0 million in 2018
Explanation:
In 2018, $9 million was used to settle the wage debt of 2017 and the remainder was used to settle the wages in 2018.
The money remaining in cash after the wage settlement was:
= 9,000,000 - 2,000,000 - 8,000,000
= -$1,000,000
This means that $1,000,000 of wages was not settled in 2018 which means that this would have to go to the Wages Payable account to signify that the company owes wages.
This account is a liability account so liabilities in 2018 would increase by $1,000,000.
Answer:
A commercial bank is one which takes deposits to customers and loans them out to other customers, and makes a profit by charging a higher interest rate then it pays. Whereas in Investment bank is a bank which provides services to other companies for their IPOS, Asset management, helps create SPVs, helps in mergers and acquisitions etc.
Major Financial institutions
Central Banks: Setting Monetary Policy
Commercial Money: Taking Deposits and Lending that money
Investment Banks: Handling mergers and acquisitions
Mutual funds and ETFs are very similar in the nature that various investors are allowed to invest in them and it is very safe and passive type of investing, low risk and low return but the major difference is that ETFs follow a particular index for eg S and P 500 etc
Hedge funds on the other hand only allow high net worth individuals to invest and have limits on how early you can withdraw your money, they use very complex, active and high risk, reward strategies.
Explanation:
Answer:
Explanation:
Weighted Average Cost of Capital; formula is as follows;
WACC = wE*re + wP*wp + wD*rd(1-tax)
where w= weight of...
r = cost of ...
E= common equity
P = preferred stock
D = Debt
Find the weights of each source of capital;
WACC = (0.50*0.17) +(0.20*0.03) + [0.20*0.04(1-0.40)] +[0.10*0.07(1-0.40)]
WACC = 0.085 +0.006 + 0.0048 + 0.0042
WACC = 0.1 or 10%
Electronic communications sometimes different from other business communications in a sense that they're more casual.
Answer: Option 2
<u>Explanation:</u>
Electronics communication as the name suggest is a mode of communication through electronic mediums such as e-mail, voice mail, messages, blogs and many more. Business communication on the other hand is an activity where knowledge is share between the people of various companies.
Electronic communications differ from business communications in a sense that they’re more casual. When employees or any other group of people interact via electronic medium, their engagement with other people is quite casual. Business communication on the other hand is quite professional and formal.
