Answer:
<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?</em>
<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?Bank A Asset</em>
<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?Bank A AssetBank B Assets</em>
Explanation:
<em>Liquid assets are those assets which get converted immediately into cash, when the company need some cash in hand, they can sell the liquid assets in the market and get cash in hand. As they can sell their various securities to fulfill the need of cash.</em>
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Answer:
The quantity of labour demanded increases ad production increases
Explanation:
When price level rises and the money wage rate stays the same, the real money wage rate falls. This makes it cheaper for firms to hire labour. As a result, their demand for labour increases and this leads to an increase in production.
Answer:
The proceeds from the simple discount note is $16380
, while that of simple interest is $19500
Explanation:
Simple discount notes could likened to a bank loan where interest on the loan is taken from the borrowed funds before disbursement to the loan's beneficiary,hence proceeds from such notes is face value of the notes less interest taken in advance.
While on the other hand,the proceeds from simple interest note is par or face value.
The discount or interest is =8%*$19500=$1560 for one year,but $3120 for two years($1560*2)
The proceeds on the simple discount note =$19500-$3120
=$16380
The proceeds on the simple interest note is face value of $19500
Answer:
Neighbourhood centre
Explanation:
A neighbourhood centre is a place where local local residents have access to a wide range of services. People gather for group activities, social support, public information and so on.
Phil stopped at a shopping center. He parked in front of the dry cleaner, where he could pick up his suit. He did not have to move his car because next door was a gift shop where he could pick up a gift for his niece. Conveniently enough, next door to that store was a supermarket, where he purchased essentials like milk and cornflake cereal.
Phil is at a neighbourhood centre where wide variety of services are provided locally.
Answer:
$162,000
Explanation:
Income Statement - New Offer
Sales (27,000 x $17) $459,000
Less Variable Costs of the offer :
Variable manufacturing costs (27,000 x $11) ($297,000)
Net Income (Loss) $162,000
therefore,
the amount of income from the acceptance of the offer is $162,000
