Answer: 6.79%
Explanation:
The holding period return is:
= (Current price - Cost price + Dividend) / Cost price
= (48.27 - 45.95 + 1.20) / 45.95
= 7.66%
The annualized return is:
= ( ( 1 + holding period return) ^ number of days in a year/ number of days stock was held - 1)
= ( ( 1 + 7.66%) ³⁶⁵ / ⁴¹⁰ - 1)
= 6.79%
Answer:
A. $50 in required reserves.
Explanation:
Required reserve is a reserve amount which is required by the regulatory authority to a bank to maintain as a percentage of total deposit. Sometimes the bank reserve extra amount above the requirement to deal with any abnormal transaction. This value is known as the excess reserves.
As per given data
Deposits = $500
Reserves = $200
Required Reserve ratio = 10 percent
Required reserve = Reserve required / Total Deposit
0.1 = Reserve required / $500
Reserve Required = $500 x 0.1
Reserve Required = $50
Excess reserve value = Actual Reserve - Required reserve = $200 - $50 = $150
Answer:
procedure
Explanation:
According to my research on different human resource responsibilities, I can say that based on the information provided within the question there is a procedure that Henry must follow. Like described in the question a Procedure is a set of step by step instructions that must be followed accordingly in order to achieve a certain goal.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
A.
keeps track of money that is earned and spent
Explanation:
B.
helps people make more money is incorrect, because a budget is not always a good thing- I can budget 7 million dollars for a new house, but that doesn't necessarily change the fact I won't be able to pay it off ever.
C.
moves money from a checking account to a savings account-
this is not always the case, and a budget itself won't move the money, but this may be an aspect of a budget.
D.
helps automatically pay bills-
It helps pay bills, just not automatically.
Therefore, by the process of elimination, the answer is A.
