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3 years ago

What is the purpose of NCUA Lending Regulations? plato ❤️

Business

2 answers:

wariber [46]3 years ago

5 0

Answer:

The National Credit Union Association is a entity that monitors and regulate the Credit Unions which are organizations that are part of a cooperative and give credit to its members.

It was created in 1934 by the president Franklin Delano Roosevelt.

Sever21 [200]3 years ago

3 0

The purpose of NCUA Lending Regulations:

The National Credit Union Association administered by the United States Federal Government is the apex body formed for the three main purposes pertaining to the credit unions. The three specified purposes being,

Regulate the credit unions in balance with the other parameters of the economy

Monitor the credit unions so as to ensure that, they do not fail and affect the economy

Check if the credit unions follow the federal regulations.

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Break Even Analysis 1. A USB thumb drive production line will have $240,000 fixed costs variable costs per unit of $1.97. Each u

melomori [17]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Fixed costs= $240,000

Unitary variable cost= $1.97

Selling price per unit= $4.97.

First, we need to calculate the break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 240,000 / (4.97 - 1.97)

Break-even point in units= 80,000 units

The break-even point analysis provides information regarding the number of units to be sold to cover for the fixed and variable costs.

If the forecasted sales are 120,000, this means that the company will cover costs and make a profit. The margin of safety is 40,000 units.

3 0

3 years ago

CSU Co. just paid a dividend of $1.4 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent

boyakko [2]

Answer:

$16.93

Explanation:

Current stock price = dividend ( 1 + growth rate) / required return - growth rate

$1.4(1.04) / 0.126 - 0.04 = $16.93

8 0

3 years ago

Mr. Ballard retired in 2018 at age 69 and made his first withdrawal of $35,000 from his traditional IRA. At year-end, the IRA ba

serg [7]

Answer:

Contributions amounting to $320,000 were non deductible.

First year of withdrawal:

Taxfree withdrawal % = Uncovered Investments / Current year value x 100

Taxfree withdrawal % = [$320,000 / ($441,000 + $35,000)] x 100

Taxfree withdrawal % = [$320 / $476,000] x 100

Taxfree withdrawal % = 67.23%

Amount of taxfree withdrawal = 67.23% x $35,000

Amount of taxfree withdrawal = $23,530.5

Taxable amount = Total Withdrawal - Tax free withdrawal

Taxable amount = $35,000 - $23,530.5

Taxable amount = $11,469.5

Second year of withdrawal:

Taxfree withdrawal % = [($320,000 - $23,530.5) / ($407,000 + $60,000)] x 100

Taxfree withdrawal % = [$296, 469.5 / $467,000] x 100

Taxfree withdrawal % = 63.48%

Amount of taxfree withdrawal = 63.48% x $60,000

Amount of taxfree withdrawal = $38,088

Taxable amount = $60,000 - $38,088

Taxable amount = $21,912

$35,000 would be included in taxable income in first year and $60,000 would be included in taxable income in second year.

8 0

3 years ago

You are an RR at a firm and one of your customers calls you up and informs you that she wishes to exercise a long listed option

MAVERICK [17]

Answer:

The correct answer is: The firm would present the order to the Options Clearing Corporation.

Explanation:

The Options Clearing Corporation or OCC works under the Securities and Exchange Commission (SEC) and acts as a guarantor and the issuer of options and futures contracts. The OCC is also in charge of clearing transactions for stock indexes, interest rate composites, and foreign currencies.

7 0

3 years ago

Marwick Corporation issues 15%, 5 year bonds with a par value of $1,070,000 and semiannual interest payments. On the issue date,

Over [174]

Answer:

The bond's issue (selling) price = $1,146,890.2

Explanation:

The selling price of the bond is equivalent to the present value of all the cash flows that are likely to accrue to an investor once the bond is bought. These cash-flows are the periodic coupon payments that are paid semi anually and the par value of the bond that will be paid at the end of the 10 years.

During the 5 years, there are 10 equal periodic coupon payments that will be made. In each year, the total coupon paid will be $$1,070,000*0.15=$160,500$ and this payment will be split into two equal payments equal to $\frac{160,500}{2}=$80,250$ . this stream of cashflows is an ordinary annuity

The periodic annual market rate is equal to $\frac{0.13}{2}=0.065$

The PV of the cashflows = PV of the coupon payments + PV of the par value of the bond

=$80,250*PV Annuity Factor for 10 years at 6.5% + $\$1,070,000*\frac{1}{(1+0.065)^10}$

$=$80,250*7.1888+$1,070,000*0.5327 = $1,146,890.2$

7 0

3 years ago