What change in the book value of the company's equity took place at the end of previous year, and was negative.
The book value of equity decreased by $2.094 billion compared with that at the end of previous year, and was negative. Change in book value = 1638+456 = 2094 billion
What is book value of equity?
The amount of money left over after a company's assets have been liquidated and any outstanding debts have been settled using the profits from the sale is known as the book value of equity, or "Shareholders' Equity."
Therefore,
The book value of equity decreased by $2.094 billion compared with that at the end of previous year, and was negative. Change in book value = 1638+456 = 2094 billion
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It is log-linear which is the best fit to the data?
The correct answer is B and D.
B. Credit cards.
D. Personal loans.
Unsecured loans are not backed by collateral. Based on the financial history is how the lender decides if someone qualifies for a loan.
If someone defaults on unsecured loan then the lender can not take your property automatically.
Example of unsecured loans include, student loan, personal loan, and credit cards.
The unsecured loan is not good because the APR is higher than the secured one reason being there is no assets which underlines for the creditor to stop if someone does not pay.
Answer:
left as well as the contractionary monetary policy, then bring about the
increase of interest rate as well as reducing equilibrium quantity of money.
Explanation:
Liquidity Preference model can be regarded as a model gives suggestions about investor and interest rate, the model entails that high interest rate as well as premium on securities associated with long-term maturities with higher risk should be demanded by investors, reason behind this suggestions is that most investors will always go for cash as well as available highly liquid holdings, all things been equal. It should be noted that Using the liquidity-preference model, the Federal Reserve can react to the threat of exceedingly high inflation via monetary policy by shifting the supply of money to the left as well as the contractionary monetary policy, then bring about the increase of interest rate as well as reducing equilibrium quantity of money.
Answer:
A. True
Explanation:
Tactical planning outlines the short-term steps and actions that should be taken to achieve the goals described in the strategic plan.
