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2 years ago

What are the three duties of a central bank?

Business

1 answer:

murzikaleks [220]2 years ago

6 0

Conducting monetary policy

Supervising and regulating depository institutions

Maintaining the stability of the financial system

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Fischer company makes small metal containers. the company began october with 300 containers in process that were 35 percent comp

Rzqust [24]

2000 because of the 50000

7 0

3 years ago

Epley Industries stock has a beta of 1.30. The company just paid a dividend of $.30, and the dividends are expected to grow at 4

rusak2 [61]

Answer:

The cost of equity using the DCF method: 4.39%.

The cost of equity using the SML method: 15.01%.

Explanation:

a. The cost of equity using the DCF method:

We have: Current stock price = Next year dividend payment / ( Cost of equity - Growth rate) <=> Cost of equity = Next year dividend payment/Current stock price + Growth rate = 0.3 x 1.04/80 + 4% = 4.39%.

b. The cost of equity using the SML method:

Cost of equity = Risk free rate + beta x ( Market return - risk free rate); in which Risk free rate is rate on T-bill.

=> Cost of equity = 6.3% + 1.3 x ( 13% -6.3%) = 15.01%.

6 0

2 years ago

How do i find the net income?

marishachu [46]

Answer:

Subtract all your expenses from your earnings which would be 750,000 - 200,000 -150,000 - 50000 = $350,000 net income

6 0

2 years ago

Recording partner's original investment Instructions Kimberly Payne and Arionna Maples decide to form a partnership by combining

levacccp [35]

Answer and Explanation:

The Journal entry is shown below:-

Cash A/c Dr, $20,000

Accounts Receivables A/c Dr, $140,000

($145,000 - $5,000)

Inventory A/c Dr, $101,700

Equipment A/c Dr, $81,200.

To Allowance for doubtful Accounts $4,400

To Payne's Capital A/c $338,500

(Being assets contributed by partner in business is recorded)

For recording the assets contributed by partner in business we simply debited the cash account, accounts Receivables, Inventory and Equipment as increase the assets while we credited the Allowance for doubtful Accounts as it decreasing the assets and Payne's Capital as increasing the stockholder equity.

7 0

2 years ago

Brief Exercise 3-12 Record the adjusting entry for interest payable (LO3–3) Midshipmen Company borrows $17,000 from Falcon Compa

kati45 [8]

Answer:

Calculate the 2021 year-end adjusted balances of Interest Payable and Interest Expense.

July 1 2021

Db Cash ________________________ 17000

Cr Borrow payable______________________________ 17000

December 31 2021

Db Interest expense______________ 1020

Cr Interest payable_______________________________ 1020

June 30 2022

Db Interest expense______________ 1020

Cr Interest payable_______________________________ 1020

Explanation:

Borrow Loan__%I__ Int.___Amount

July 1 2021 to December 31 2021 17000 6% 1020__18020

July 1 2021

Db Cash ________________________ 17000

Cr Borrow payable______________________________ 17000

December 31 2021

Db Interest expense______________ 1020

Cr Interest payable_______________________________ 1020

June 30 2022

Db Interest expense______________ 1020

Cr Interest payable_______________________________ 1020

6 0

2 years ago