Answer:
35 years
Explanation:
Data given in the question
Increase in dividend = 2%
Annual effective interest rate = 5%
So by considering the above information, the duration of the stock in years is
= 1 ÷ (Annual effective interest rate - increase in dividend)
= 1 ÷ (5% - 2%)
= 1 ÷ 3%
= 33.33
Now the duration of the stock in years is
= (1 + interest rate)^ 33.33
= (1 + 0.05)^33.33
= 1.05^33.33
= 34.999 years i.e 35 years
Answer: 59 days
Explanation:
Given data:
Sales = $938,300.
cost of goods sold = $764,500.
inventory = $123,600.
Therefore:
How long does it take the firm to sell of it inventory.
Days available for sales in a year = 365
= 365 / ($764,500 / $123,600)
= 365 / 6.185
= 59.01 days
It would take the firm approximately 59 days to sell of it inventory.
<span>a.price floor
Where the government fixes the minimum retail price</span>
Answer:
the answer would be bankright because if u add 300 x 12 that would be 3,600 dollars and since shes 18 and that discount that would be five dollars and the monthly fee is 5 dollars. that would be 60s all together and she would have closest to to the her wanted amount so yeah.
Explanation:
brainliest pls
Answer:
$200 million
$30 million
Explanation:
When the requiredreserce ratio is 15 percent or 0.15 , then the money multiplier is (1 / required reserve ratio) or (1/0.15 = 0.67)
Now, change in money supply = money multiplier * open market purchase of government bonds.
Here , the Federal Reserve a $30 million open market purchase Of govemment bonds.
As a result of this;
Money Supply increases by (6.7 * $30 million) = $200 million.
This is the maximum amount the money supply could Increase.
Now, if the bank holds. $30 million as excess reserves, then money supply could increase by as much as $30 million. This is the smallest amount themoney supply could increase.
So, If the required reserve ratio is 15 percent the largest possible increase in the money supply that could result is $200 million- and the smallest possible increase is $30 million.