The amount included by Cashmere Soap Corporation in its year-end balance sheet as cash and cash equivalents is <u>2. $10,620</u>.
<u>Explanation</u>:
<em><u>Given</u></em>:
Currency and coins= $620
Balance in checking account= $1,600
Customer checks waiting to be deposited= $2,500
Treasury bills= $2700
Marketable equity securities= $10,600
Commercial paper cost= $5900
The amount included by Cashmere Soap Corporation in its year-end balance sheet as cash and cash equivalents= 620+1600+2500+5900
= $10,620
The amount included by Cashmere Soap Corporation in its year-end balance sheet as cash and cash equivalents is <u>$10,620</u>.
Answer: <em>a. Multiplier = 3.33</em>
<em>b. Stimulation = $2000 billion</em>
Explanation:
In this particular case , it's given:
Marginal propensity to consume(MPC) = 0.7
Government spending = $600 billion
Therefore, we can evaluate the multiplier using the following formula:


Multiplier = 3.33
Noe, in order to find the stimulation in the economy we will multiple the new government spending with the multiplier. We will get ;


Stimulation = $2000 billion
Answer:
IRR = 10.75%
Explanation:
The yield to maturity will be the rate at which the present value of the coupon payment and the maturity equals the market price.
C 57.50
time 24
PVc
Maturity 1,000.00
time 24.00
PVm
PV c $765.3158
PV m $284.6842
Total $1,050.0000
rate ?
The only way to solve this equation is with trial and error. Because of technological advance we can do it using excel goal seek.
we write the formula for the PV of an ordinary annuity
and the formula for a lump sum
below them we add them both together
then we define a cell for the rate
and we determinate that we want the cell which contain the sum to match 1,050 changing the rate cell
this will give us an IRR of 0.10749 = 10.75%
Answer:
15
Explanation:
that the answer because i gonna times that number
Answer:
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Explanation:
im smart