Answer:
35000
A, d
Explanation:
Reserve requirement is the portion of deposit received by banks that the central bank requires to be kept as deposit.
If $3500 is deposited and reserve requirement is 10%
reserves would increase by $3500 x 0.10 = $350
Increase in the total value of checkable deposit is determined by the money multiplier
Money multiplier = amount deposited / reserve requirement
3500 / 0.1 = 35000
If the banks keep excess reserves, the amount of money available to be loaned out would reduce and this would reduce the increase in money supply.
Also, if individuals keep the money at home, it would reduce the amount of money that can be loaned out by banks
Answer: Joint venture
Explanation: A joint venture can be defined as a business entity, that is created by two or more firms by shared ownership or sharing in risk and returns. The joint venture is usually done by the firms for targeting new emerging markets to increase their customer base.
In the given case, Arboren is a new company and is formed by the joint ownership of three existing firms.
Hence, from the above we can conclude that this is an example of Joint venture.
Answer:
Explanation:
Expected annual growth rate in dividends 7%
Dividend growth Model= Pv=Do(1+g)/Ke-g
present value = 1(1+7%) / 12%-7%
present value =1.07
/5%
present value =21.4
Expected annual growth rate in dividends 2%
Dividend growth Model= Pv=Do(1+g)/Ke-g
present value = 1(1+2%) / 12%-2%
present value =1.02
/10%
present value =20.4
Expected annual growth rate in dividends -1%
Dividend growth Model= Pv=Do(1+g)/Ke-g
present value = 1(1+(-1)%) / 12%-2%
present value =0.99/10%
present value =7.69
Answer:
Option B: That the agreement would be enforced because the plaintiffs' attorney had apparent authority to enter into the agreement
Explanation:
