Answer: $83050
Explanation:
Based on the information given in the question, the total reserves of First National Bank will be given as follows:
Total deposit = $675000
The Required reserve ratio will be:
= 675000 × 9%
= 675000 × 9/100
= $60750
Since the bank has excess reserves of $22,300, then the total reserve will be:
= $60750 + $22300
= $83050
Answer:
8.25%
Explanation:
Orange, Inc. should calculate the MARR (minimum acceptable rate of return) for this project using the following:
Re = 12% (similar to Paste, Inc., so it can be considered the industry's average)
Rd = 6% x (1 - 25%) = 4.5%
MARR = (1/2 x 12%) + (1/2 x 4.5%) = 6% + 2.25% = 8.25%
This calculation is similar to calculating a company's WACC since you must determine the weighted cost of financing the project.
Answer: $2.64
Explanation:
Based on the information given in the question, the outstanding diluted share will be calculated as:
= 300,000 + 15000(5/30)
= 300000 + 15000(0.16667)
= 300000 + 2500
= 302500
The amount that Kasravi Co. should report for diluted earnings per share for the year ended 2018 will be calculated as:
Diluted Earning per share = Net income /outstanding diluted share
= $800,000 / 302,500
= $2.64
ANSWER = (c) $2.64
Answer:
False
Explanation:
The climate of the organization refers to the work environment that is perceived by the employees. A positive environment improves employee satisfaction and because of that managers try to maintain this. They can asses the climate in their work groups and make changes in management practices that can affect the working climate. Because of that, the statement that says that the actions of associates in supporting diversity are more important than the actions of managers because associates establish the working climate of the organization is false because the managers as the leaders can improve or not the climate of the organization with their decisions.
