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Zigmanuir [339]
3 years ago
11

While Margot was preparing to cross the street, a motorist yielded in front of a crosswalk, allowing her to cross the street saf

ely. Remembering this act of kindness the next day, Margot yielded to pedestrians at a crosswalk while she was driving. This example demonstrates which of the following?
Business
1 answer:
Softa [21]3 years ago
6 0

Answer:

Rule of reciprocity

Explanation:

The rule of reciprocity refers to the belief that if someone does something good, polite or kind for you, you should do something good, polite or kind for them also.

This is a very good social norm unless you start treating others badly because someone was mean to you before.

The latter should be avoided.

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The treasurer of Riley Coal Co. is asked to compute the cost of fixed income securities for her corporation. Even before making
Gelneren [198K]

Answer: (a) 6%

(b) 10.61%

(c) Yes

Explanation:

a) After tax cost of debt = Yield (1- tax)

= 8 ( 1 - 0.25)

 = 8 × 0.75

 = 6%

b) cost\ of\ preferred\ stock =\frac{dividend}{price-flotation\ cost}

cost\ of\ preferred\ stock =\frac{5.20}{52-3}

cost\ of\ preferred\ stock =\frac{5.20}{49}

= 0.1061 or 10.61%

Note:  Cost of preferred stock is not tax deductible

c),Yes the treasurer is correct ,The cost of debt is 5% less than cost of preferred stock [10.61 - 6 = 4.61%]

8 0
3 years ago
A landscaping company accepts MasterCard as payment for $1,000 worth of services. MasterCard charges a service fee of 2 percent.
Novosadov [1.4K]

Answer:

Dr   Cash     1020

               Cr         Service revenue   1000

               Cr          Service fee           20

Explanation:

 Service fee is expense of individual who is purchasing not store's expense.

- Total cash received by store is $ 1020 because 2% is service charges by master card,its is income of master card not store so store will treat as liability.

The only revenue of store is $1000.

3 0
3 years ago
Assume company x deposits $100,000 in cash in commercial bank. If no excess reserves exist at the time this deposit is made and
kodGreya [7K]

Assume company x deposits $100,000 in cash in a commercial bank. If no excess reserves exist at the time this deposit is made and the reserve ratio is 20 percent, the bank can increase loans by a maximum of $500,000.

Reserve ratio = 20% = 20/100 = 0.25

Initial Money supply = (1/Reserve ratio)*New Deposit = (100,000/0.25) = $ 400,000

Reserve ratio = Rerserve / Deposit

=> Reserves = 0.25*100,000 = 25,000

Max Increase in Money Supply = Initial Money Supply + Reserves/ Reserve Ratio

= $ 400,000 + 100,000

= $ 500,000.

The term commercial bank refers to financial institutions that accept deposits, provide checking account services, issue various loans, and provide basic financial products such as certificates of deposit (CDs) and savings accounts to individuals and small businesses. refers to

Learn more about the commercial banks at

brainly.com/question/1238952

#SPJ4

5 0
2 years ago
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sukhopar [10]
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7 0
3 years ago
Read 2 more answers
You plan to make six equal, end-of-year deposits over the next six years into an account that will pay you 7% interest annually.
irga5000 [103]
The answer is $27.70 a year
6 0
3 years ago
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