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3 years ago

The general services administration (gsa was set up as an independent agency _____.

Business

2 answers:

vovangra [49]3 years ago

5 0

Answer:

The correct answer is: to help the federal agencies in management and supporting the basic functioning.

Explanation:

The General Services Administration, or GSA, is an independent agency of the United States federal government that was created in 1949 to help other federal agencies in terms of basic and proper direction. In addition, the GSA is an agency that employs about twelve thousand federal workers and whose main functions are the actions of supplying communication to the government offices and also providing transportation and office space to federal employees, as well as other management tasks.

ahrayia [7]3 years ago

3 0

To Take care of the construction and operation of public buildings

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Identify the correct sentence.

disa [49]

Answer choice D is punctuated correctly due to the use of the long dash between the words year and summer.

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3 years ago

A bank has $8,000 in deposits and $6,000 in loans. it has loaned out all it can given the reserve requirement. it follows that t

True [87]

The reserve requirement, which is also referred to as the cash reserve ratio, is 25 percent. This is calculated by subtracting the $6,000 loaned out from the bank's $8,000 in deposits, yielding a reserve of $2,000. The reserve requirement is calculated by dividing $2,000 by $8,000.

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3 years ago

On October 1, 2018, Renfro Company purchased to hold to maturity, 4,000, $1,000, 9% bonds for $3,960,000 which includes $60,000

Nataliya [291]

Answer:

Carrying Value=$3,903,000

Explanation:

First we will calculate the face value:

Face value=4000*$1000

Face value=$4,000,000

Purchase Price= Bond Purchased price- Accrued Interest

Purchase Price=$3,960,000-$60,000

Purchase Price=$3,900,000

Total months=100 months

Straight line Discount amortization= (Face Value-Purchase Price)/Total Months

Straight line Discount amortization=($4,000,000-$3,900,000)/100

Straight line Discount amortization=$1,000

Discount Amortization=Straight line Discount amortization*Discount months

Discount Amortization=$1,000*3

Discount Amortization=$3,000.

Carrying Value=Purchase Price+Discount Amortization

Carrying Value=$3,900,000+$3,000

Carrying Value=$3,903,000

7 0

3 years ago

Great Lakes Steel Supply is losing significant market share and thus its managers have decided to decrease the firm's annual div

Colt1911 [192]

Answer:

There's an error in the numbers for this question; I found the correct one and pasted it below;

"Great Lakes Steel Supply is losing significant market share and thus its managers have decided to decrease the firm's annual dividend. The last annual dividend was $1.30 per share but all future dividends will be decreased by 2.75 percent annually. What is a share of this stock worth today at a required return of 15.5 percent? "

Explanation:

Use dividend discount model (DDM) to calculate the stock price

$P0 = \frac{D0(1+g)}{r-g}$

whereby,

P0 = Current price

D0 = Last dividend paid = 130

g = growth rate = -275% or -2.75 as a decimal

r = required return = 155% or 1.55 as a decimal

Next, plug in the numbers to the DDM formula above;

$P0 = \frac{1.30(1-0.0275)}{0.155 + 0.0275} \\ \\ = \frac{1.2643}{0.1825} \\ \\ =6.9277$

Therefore this stock is worth $6.93

6 0

3 years ago

Mike and Mary Jane Lee have a yearly income of $79,352 and own a house worth $102,100, two cars worth a total of $ 19,907 and fu

77julia77 [94]

Answer:

Total assets $

Building 102,100

Motor vehicle 19,907

Furniture 10.442

Total assets 132,449

Total liabilities $

Mortgage loan 58,347

Outstanding loan 2,567

Utility bills unpaid 242

Total liabilities 61,156

Debt ratio = Total liabilities x 100

Total assets

Debt ratio = $61,156 x 100

$132,449

Debt ratio = 46.17%

Explanation:

In this case, there is need to calculate the total assets, which is the aggregate of building, motor vehicle and furniture.

We also need to calculate the total liabilities, which is the aggregate of mortgage loan, car loan outstanding and utility bills unpaid.

Debt ratio is obtained by dividing total liabilities by total assets multiplied by 100.

8 0

2 years ago