Fractional reserve banking is the practice where a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities.
Answer:
A. higher
Explanation:
Fama And French did the risk factor study on stock, which clearly stated that when there is a high dividend yield then the stocks would perform good even in the market.
thus, this clearly reflects that when the market is high for stock returns then the dividend yield is also high.
This is basically the proportional reaction, as when the stock return is higher whether in terms of value addition or cash returns then only the dividend return would also be higher.
Correct option in this case will be:
A. Higher.
Answer
adjective
1.
first in order of importance; main.
"the country's principal cities"
Similar:
main
chief
primary
leading
foremost
first
most important
predominant
dominant
(most) prominent
key
crucial
vital
essential
basic
staple
critical
pivotal
salient
prime
central
focal
premier
paramount
major
ruling
master
supreme
overriding
cardinal
capital
preeminent
ultimate
uppermost
highest
utmost
top
topmost
arch-
number-one
Opposite:
minor
subordinate
subsidiary
2.
(of money) denoting an original sum invested or lent.
"the principal amount of your investment"
noun
1.
the person with the highest authority or most important position in an organization, institution, or group.
"a design consultancy whose principal is based in San Francisco"
Similar:
boss
chief
chief executive (officer)
CEO
chairman
chairwoman
managing director
MD
president
director
manager
employer
head
leader
ruler
controller
head honcho
gaffer
governor
guv'nor
2.
a sum of money lent or invested, on which interest is paid.
"the winners are paid from the interest without even touching the principal"
Similar:
capital sum
capital
capital funds
working capital
Answer: $527,000
Explanation:
Salaries to authors = $347,000
Fees to contracted editors = $180,000
Copyrights obtained = $83,000
Purchase of a new printing warehouse = 1.3 million
Upgrade of current printing equipment = $560,000
McKinney Enterprises expense will be:
= Salaries to authors + Fees to contracted editors
= $347,000 + $180,000
= $527,000
