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2 years ago

12

Suppose all banks are subject to a uniform reserve requirement of 20 percent and that the union bank has no excess reserves. if

a new customer deposits $50,000, the bank could extend new loans up to a maximum of

1 answer:

ahrayia [7]2 years ago

3 0

The answer is 40,000

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Luxguard Home Paint Company produces exterior latex paint, which it sells in one-gallon containers. The company has two processi

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The cost of ending work in process inventories and of units transferred out of the Base Fab Department in April is $851,00 and $999,000and $1850,000

The calculation of this question and working of solutions is in tabular form which is attached to this answer.

What is Cost?

The cost is of two types - Variable and Fixed . Variable costs exchange based on the amount of output produced. Variable costs may include labor, commissions, and raw materials. constant costs continue to be the same no matter production output. fixed charges may additionally include hire and rental bills, coverage, and interest payments.

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1 year ago

A lack of the resources needed to go into producing goods and services is called what

kotykmax [81]

Goods service resources

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2 years ago

Armando, a technology enthusiast, is often willing to pay premium prices to always have the newest tech gadgets. Armando most li

KatRina [158]

Answer:

c. innovators.

Explanation:

Armando a technology enthusiast is often willing to pay premium prices to the gadgets that are new and belong to the groups of the people that are called as innovators. And they try to find new in everything and they are the early adopters and are focused in the new and advanced levels of technology. This they always likely to be updated and are fast learners.

8 0

3 years ago

It announces that it plans to pay dividends of $1 per share exactly three years from now and $2 per share exactly four years fro

kkurt [141]

The Question is incomplete.

The complete question is as follows:

It announces that it plans to pay dividends of $1 per share exactly three years from now and $2 per share exactly four years from now. From year 5 onwards, dividends are expected to grow at a constant rate of 10% per year. The company pays no dividends in years one and two. The risk-free rate is 5%, the company's beta is 1.5 and the expected return on the market is 11%. Calculate the price of this stock today

Answer:

Price of stock = $34.42

Explanation:

<em>The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return.</em>

Required rate of return

Using the CAPM , the rate of return on equity can be determined as follows:

E(r)= Rf +β(Rm-Rf)

E(r) =? , Rf- 5%, Rm- 11%, β- 1.5

Ke = 5% + 1.5× (11-5)%

= 14%

Present value of Dividends(PV)

Year PV

3 $1.00, × (1.14^(-3) = 0.6749

4 $2.00× 1.14^(-4) = 1.18416

<em>5 and beyond</em>

<em>This will be done in two (2) steps as follows:</em>

PV in year 4 = (2 × 1.10) /(0.14-0.1) = 55

PV in year 0 = 55× 1.14^(-4) = 32.56

Price of stock

= 0.6749 + 1.18416 + 32.56

= $34.423

7 0

2 years ago

The goals of labor unions differ from those of management because employers want more profits and labor wants: Multiple choice q

AnnZ [28]

The goals of labor are such that they want better pay and working conditions.

<h3>The ultimate goal of workers/labor</h3>

A business is in operation to make a profit, likewise, labor or workers work to the end of being paid for the services rendered.

In addition to good pay, labor also requires good perks like health cover, safe and secure work conditions, and the environment.

Learn more about Labour here:

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2 years ago