Answer:
c. It represents the base-level cost of capital in the US
Explanation:
Cost of capital is the minimum return that is needed to carry out capital projects such as building homes, road construction. It is the return that will make government projects viable.
So the United States government depend on the Treasury bonds 30 year yield to fund spending on various capital projects.
<u>Noncumulative voting</u><u> is a system in which each </u><u>shareholder </u><u>votes the number of shares he or she owns on candidates for each of the positions open.</u>
What is statutory voting?
- A procedure for choosing a corporation's board of directors.
- With this procedure, each shareholder is given one vote, which they can use to choose one of the directorships.
What is a shareholder quorum ?
the bare minimum of shareholders or directors necessary for action to be taken. Proxy.
What type of voting is it when the total number of votes is the maximum that may be voted for each available seat on the board?
- A voting system known as cumulative voting aids in enhancing the power of minority shareholders to choose directors.
- When the company has multiple openings on its board, this method enables shareholders to cast all of their votes for a single candidate.
Learn more about Noncumulative voting
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Answer:
a) reserves fall by $1,000, checkable deposits fall by $10,000, and the monetary base remains unchanged
Explanation:
The bank reserves will decrease by the same amount that the client withdrew from the bank, in this case $1,000.
Since the required reserve ratio for checkable deposits is 10%, then the checkable deposits will decrease by 10 times the amount withdrawn from the bank ($1,000 x 10 = $10,000).
The monetary base remains unchanged since the money is still out there in the economy, it only changed from being in the bank to being in the client's pocket.
Answer:
See explanation section.
Explanation:
December 31, Interest receivable Debit $198
Interest revenue Credit $198
Interest revenue = ($7,920 × 10% ÷ 12) × 3 = $198
<em>To record the adjusting entry for interest revenue.</em>
February 1, Cash Debit = $8,184
Note receivable Credit = $7,920
Interest revenue Credit = $66
Interest receivable Credit = $198
Calculation: Interest revenue = ($7,920 × 10% ÷ 12) × 4 = $264 - $198 = $66
<em>To record the cash received from note receivable with interest.</em>
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Answer:
2.0 year
Explanation:
Payback is the time required for a project to repay its initial investments.
For this project: Initial investment is $ 10,000
Total
Year 1: Net inflows: $ 4,000 $ 4000.00
Year 2: Net inflows: $ 6,000 $ 10,000.00
Payback two years