Answer:
Debit cards are assigned to checking accounts, and since they have become more popular, the amount of currency in the economy has decreased while the amount of checking account deposits has increased.
Explanation:
Actual currency (bills and coins) and checking accounts are part of the M1 category of the money supply, since both are considered completely liquid.
Answer:
<em>Value added:</em> 8,450,000
Explanation:
net sales 80,000,000
operating cost: <u> (52,000,000) </u>
EBT 28,000,000
tax expense:
28,000,000 x 40%<u> (11,200,000) </u>
Net income 16,800,000
<u>Assets: </u>83,500,000
cost of capital: 83,500,000 x 10% = 8,350,000
<em></em>
<em>Value added:</em>
16,800,000 - 8,350,000 = 8,450,000
Answer:
-1.167%
Explanation:
The current value of the stock is given by applying all of the realized returns to the initial purchase price. Let 'A' be the initial price, the price at the end of the year is:
At the end of the year, the stock had a price of 0.9883 times the initial price, the annual realizes return was:
Annual realized return was -1.167%.
In a month the month of February, their first renewal cycle begins again
This is further explained below.
<h3>What is the renewal cycle?</h3>
In most cases, the execution of any given strategy will inevitably waste some of the available time.
Both the free and premium plans will become invalid one month and one year, respectively, following the most recent renewal of either one of them.
These stretches of time are referred to as "renewal cycles" quite frequently in common parlance.
An example of a renewal cycle we witness in our day to day life, one that is a perfect example of the image we are trying to portray is the monthly subscription of the Dstv cable or Tv show provider subscription. which allows us to have uninterrupted access to our favourite s
To summarize, the first cycle of their rejuvenation begins once more in the month of February.
Read more about the renewal cycle
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The price - earnings ratio for the company, given the earnings per share and the market price per share, is 11 . 6
<h3>How to find the price - earnings ratio?</h3>
The price to earnings ratio shows the comparison between the earnings made per share and the price of each share.
The formula for the price to earnings ratio is :
= Earnings per share / Market price per share
Earnings per share = $ 8. 70
Market price per share = $ 100. 92
The price to earnings ratio is:
= 100. 92 / 8. 70
= 11 . 6
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