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3 years ago

Define money and identify the different forms that it takes in the nation's money supply

Business

1 answer:

viva [34]3 years ago

8 0

Answer:

Money is defined as something that serves as a medium of exchange.

The money supply is the total amount of money available in an economy. It includes:

M1 includes coins and notes (bills) in circulation plus other money equivalents that are easily liquidated.
M2 includes M1 plus short term bank deposits and 24 hour money market funds.
M3 includes M2 plus long term bank deposits and money markets with more than 24 hour maturity.

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molen inc. has an outstanding issue of perpetual preferred stock with an annual dividend of $4.00 per share. if the required ret

crimeas [40]

The price at which the stock should sell is $61.54.

Using this formula

Stock selling price=Preferred stock annual dividend/Preferred stock required return

Where:

Preferred stock annual dividend=$4.00 per share

Preferred stock required return=6.5% or 0.065

Let plug in the formula

Stock selling price=$4.00/0.065

Stock selling price=$61.538

Stock selling price=$61.54 (Approximately)

Inconclusion the price at which the stock should sell is $61.54.

Learn more here:

brainly.com/question/15561609

7 0

3 years ago

Which of the following statements is correct?a. Monopolistic competition is similar to monopoly because both market structures a

nata0808 [166]

Answer:

The correct answer is (A)

Explanation:

Monopoly and monopolistic competition are similar in many ways. In both type of markets the firms are usually the price makers. Being the only firm in the market gives them an opportunity to earn abnormal profits and in both cases firms earn abnormal profits. Perfect competition is a type of market that is totally different in terms of number of sellers and buyers. In perfect competition firms are the price takers.

4 0

3 years ago

Problem 9-7B Calculate the issue price of a bond and prepare amortization schedules (LO9-5, 9-7) [The following information appl

andrey2020 [161]

Answer:

Answer is given below.

Explanation:

Solution 1:

Chart Values are based on:

n= (15 Years*2) 30 Half years

i= (7%/2) 3.50% Semi annual

Cash Flow Table Value * Amount = Present Value

Principal 0.356278 * $7,90,000 = $2,81,460

Interest (Annuity) [$790,000*7%*6/12] 18.392045 * $27,650 = $5,08,540

Price of Bonds $7,90,000

Bond Amortization Schedule

Date Cash interest Interest Expense Chanage in Carrying Value Carrying value

01-Jan-21 $7,90,000

30-Jun-21 $27,650 $27,650 $0 $7,90,000

31-Dec-21 $27,650 $27,650 $0 $7,90,000

Solution 2:

Chart Values are based on:

n= (15 Years*2) 30 Half years

i= (8%/2) 4.00% Semi annual

Cash Flow Table Value * Amount = Present Value

Principal 0.308319 * $7,90,000 = $2,43,572

Interest (Annuity) [$790,000*7%*6/12] 17.292033 * $27,650 = $4,78,125

Price of Bonds $7,21,696

Bond Amortization Schedule

Date Cash interest Interest Expense Change in Carrying Value Carrying value

01-Jan-21 $7,21,696

30-Jun-21 $27,650 $28,868 $1,218 $7,22,914

31-Dec-21 $27,650 $28,917 $1,267 $7,24,181

Solution 3:

Chart Values are based on:

n= (15 Years*2) 30 Half years

i= (6%/2) 3.00% Semi annual

Cash Flow Table Value * Amount = Present Value

Principal 0.411987 * $7,90,000 = $3,25,470

Interest (Annuity) [$790,000*7%*6/12] 19.600441 * $27,650 = $5,41,952

Price of Bonds $8,67,422

Bond Amortization Schedule

Date Cash interest Interest Expense Change in Carrying Value Carrying value

01-Jan-21 $8,67,422

30-Jun-21 $27,650 $26,023 -$1,627 $8,65,794

31-Dec-21 $27,650 $25,974 -$1,676 $8,64,118

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4 0

3 years ago

Things that will make an entrepreneur successful

kodGreya [7K]

To start off a solid plan, without a plan you will never succeed especially when it cleans to business and making your own product, trying to make and sell something without a plan will guide that new idea straight to the ground

5 0

3 years ago

Administrative Management Group of answer choices emphasizes perspective of senior managers and that management, as a profession

Vikki [24]

Answer:

The correct answer is the first option: Emphasizes perspective of senior managers and that management, as a profession, can be taught.

Explanation:

To begin with, the term known as "Administrative Management" refers to the discipline whose main purpose is to focus in the efficient and effective organization of people, information and procedures inside the entity that will all lead to the completion of the tasks that are needed to be done in order to achieve the termination of the product or service that organization produces. This particular approach seeks for the employers to achieve the field in where the understand all the contents necessary to analyze what is happening around the organization and be able to work with that as good as possible.

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3 years ago