Answer:
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Answer:
Instructions are listed below
Explanation:
Giving the following information:
Year1= 1,075
Year 2= 1,210
Year 3= 1,340
Year 4= 1,420
We need to use the following formula:
FV= ∑PV*(1+i)^n
A) i=0.08
FV= 6,083.35
B) i=0.11
FV= $6513.97
C) i= 0.24
FV= 8669.73
Answer:
$4,110 and 12.08%
Explanation:
The computation of the dollar return and the percent return is shown below:
Dollar Return = (Ending Value − Beginning Value) + Income earned
where,
Ending value is
= $126.69 × 300 shares
= $38,007
Beginning value is
= $113.39 × 300 shares
= $34,017
And, the income earned is
= Dividend per share paid × number of shares owed
= $0.40 × 300 shares
= $120
So, the dollar return is
= $38,007 - $34,017 + $120
= $4,110
And, the percentage return is
= (Dollar return ÷ Beginning value) × 100
= ($4,110 ÷ $34,017) × 100
= 12.08%
Answer:
Answer is $1,365.3 billion, 5.
Refer below.
Explanation:
Suppose the current reserve ratio is 25% and the level of checkable deposits represents total reserves. If the Federal Reserve lowered the reserve ratio to 20%, excess reserves are now $1,365.3 billion and the money multiplier is 5.
Answer: Brand Equity
Explanation:
Brand equity refers to a value premium that a company generates from a product with a recognizable name when compared to a generic equivalent. This allows the creation of other products under that brand (brand extension).
An example of brand extension is Apple corperation. They started with computers and extended to other products such as iPods and phones. This is possible under brand equity. Retaining the brand name and extending it via the introduction of new products.