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3 years ago

Bank panics:

1 answer:

7 0

The answer to this question is letter B.

Bank panics are a risk of fractional reserve banking but are unlikely when banks are highly regulated and lend prudently. Bank panic is a situation where a financial crisia occurs when depositors will try to convert their deposits into cash or withdraw their deposit in the bank. In order for the banks to prevent this kind of crisis, banks will have to keep a higher reserves and commercial banks should be kept regulated always.

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The following statements are all examples of _____ pricing.

dmitriy555 [2]

The answer is promotional pricing! Hope this helps!

7 0

3 years ago

Read 2 more answers

Discretionary fiscal policy

Furkat [3]

The answer is option "d", all of the above.
Discretionary fiscal policy
a. may reassure investors and consumers that the federal government will be able to avert a major economic downturn.

b. is not very effective in influencing real GDP during normal times because of time lags.

c. can be very effective in influencing real GDP during abnormal times, such as when a nation is at war.

We can define discretionary fiscal policy as when there is a change in government expenditures or taxes to gain national economic goals.

7 0

3 years ago

During the course of your examination of the financial statements of Trojan Corporation for the year ended December 31, 2018, yo

siniylev [52]

Answer:

$76,440

Explanation:

Calculation to determine the proper amount of net income as of December 31, 2018

Net income $87,000

Less Adjusted for insurance ($4,050)

($16,200*3/12)

Less Adjusted for deferred income ($2,700)

Less Adjusted for supplies ($2,100)

Less Adjusted for interest ($1,710)

($57,000*9%*4/12)

Net income (Adjusted) $76,440

Therefore The the proper amount of net income as of December 31, 2018 will be $76,440

4 0

3 years ago

List the steps in the PACED decision-making process.

Citrus2011 [14]

P. Step 1: Define the Problem. Why do you have to make a choice?
A. Step 2: List the Alternatives.
C. Step 3: Determine the Criteria (rules for evaluating or testing options)
E. Step 4: Evaluate the alternatives.
D. Step 5: Make the Decision.

3 0

4 years ago

Richards Corporation had net income of $275,132 and paid dividends to common stockholders of $48,300. It had 57,200 shares of co

rjkz [21]

Answer:

The Price-earnings ratio is 14.88 (to two decimal places)

Explanation:

The Price-earnings ratio (P/E ratio) is a measure of the relationship between a company's stock price and its earning per share of issued stock. Mathematically, P/E ratio is calculated by dividing a company's current stock price by its earnings per share:

P/E ratio = current stock price ÷ earnings per share

current stock price = $59 per share

Earning per share = ???

Next we are going to calculate the earnings per share (EPS) by using the following formula:

EPS = (net income - dividend paid) ÷ (number of shares outstanding)

EPS = (275,132 - 48,300) ÷ (57,200)

EPS = 3.966

∴ P/E ratio = current stock price ÷ Earning per share (EPS)

P/E ratio = 59 ÷ 3.966 = 14.876 = 14.88 (to two decimal places)

5 0

4 years ago