Answer: $952500
Explanation: targeted equity ratio is 65% = 0.65
Capital budget = $850000
Dividend = net income - (target equity ratio × total budget)
400000 = N - (0.65 × 850000)
Make N the subject of formula
Net income N = $952,500
Answer:
10.38%
Explanation:
The formula to compute the effective annual rate of the loan is shown below:
= (1 + nominal interest rate ÷ periods)^ number of period - 1
The nominal interest rate is shown below:
= $250 × 4 ÷ $10,000
= $1,000 ÷ $10,000
= 0.1
Now the effective annual rate is
= (1 + 0.1 ÷ 4)^4 - 1
= (1 + 0.025)^4 - 1
= 1.025^4 - 1
= 10.38%
Since the interest rate is measured on a quarterly basis, we know there are four quarters in a year and we do the same in the calculation part.
This is the answer but the same is not provided in the given options
Answer: Integrity
Explanation: Integrity in Sales is valuable trait which is being consistently honest, trustworthy and dependable with everything you say or do.People especially Sales men and women who show integrity tend to pull others to them because they are honest, trustworthy and dependable.
You can always vouch on them to behave in credible ways at all times. They are so principled about their performance. They are the best kind of workforce you want in your team.
International Monetary Fund (IMF) <span>was founded in 1945, one year after the creation of the world bank, to promote trade through financial cooperation and eliminate trade barriers in the process.
</span>IMF <span>is an international organization headquartered in Washington, </span> responsible for ensuring stability of the international monetary system.
Answer:
0.0642 or 6.42%
Explanation:
The period 't' between the year when the coin was issued, 1794, and 1971 is:
If the coin had a value of $5 and after a period of t=177 years it was worth $305,000, the annual tax rate by which the coin appreciated is determined by:
![305,000 = 5*(1+r)^{177}\\r=\sqrt[177]{61,000}-1\\r=0.0642=6.42\%](https://tex.z-dn.net/?f=305%2C000%20%3D%205%2A%281%2Br%29%5E%7B177%7D%5C%5Cr%3D%5Csqrt%5B177%5D%7B61%2C000%7D-1%5C%5Cr%3D0.0642%3D6.42%5C%25)
The annual rate was 0.0642 or 6.42%.
