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Artyom0805 [142]
3 years ago
9

What are the main sources of revenue for local governments?

Business
2 answers:
Slav-nsk [51]3 years ago
7 0

Answer:

The correct option is D

Explanation:

Local government is the one whose main function is to administer the state laws locally, which means that the counties have the vital and main responsibilities as well as power in the administration of the specific geographic area without able to make or create the rules which will certain to that specific area. The major source of the local government for collecting the revenue is the property taxes.

vlabodo [156]3 years ago
5 0

Answer is D.  Property taxes​

Explanation:

The local government taxes a majority of property taxes and spends it on schools. This is why places with lower property taxes have poor education systems, but those with high property taxes have good education systems.

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Suppose DeepMind Inc. will pay $1.50 per share in dividends next year. The require return on the stock is 10% and its dividends
Brums [2.3K]

Answer:

C. All else being equal, the growth rate of the dividends is greater than 2%

Explanation:

The formula to calculate the fair price of a stock with a constant growth in dividends is as follows,

  • P = D1 / r-g
  • Where D1 is the dividend next period
  • r is the required rate of return
  • g is the growth rate in dividends
  • P = 1.5 / 0.1 - 0.02 = 18.75
  • We are taking 1.5 as D1 as it is the dividend per share DeepMind will pay next year.

So, we will be willing to pay more than 18.75 if the fair price per share today is greater than 18.75. We check all the 3 options.

A. say the required rate is 10.1%

  • P = 1.5 / (0.101 - 0.02) = 18.52
  • So if the required rate of return increases from 10%, the fair price per share is falling and we will be willing to pay less than 18.75 per share.

B. P = 1.2 / (0.1 - 0.02) = 15

  • If D1 = 1.2,the fair price per share will be 15 which is less so we will not be willing to pay more than 15 for such share.

C. Say the growth rate in dividends is 2.1%

  • P = 1.5 / (0.1 - 0.021) = 18.99
  • The fair price per share increased to 18.99 if the growth rate in dividend increases by 0.1 percentage point. Thus, C is the correct answer

3 0
3 years ago
5. What is the difference between your assets and your liabilities known as?
miskamm [114]

Answer:

The difference between your assets and your liabilities is known as either your profit or loss.

6 0
2 years ago
Read 2 more answers
The company you are investigating recorded fictitious revenues. What is the effect on the asset turnover ratio?
BARSIC [14]

In case fictitious revenues are recorded asset turnover ratio will increase.

The asset turnover ratio measures the performance of an organization's assets in producing revenue or income. It compares the dollar quantity of income (revenues) to its overall belongings as an annualized percent. hence, to calculate the asset turnover ratio, divide net income or revenue by the average total belongings.

Fictitious revenues contain the sale of goods or services that no longer arise. Fictitious invoices may be fake, but can also contain valid clients. A fictitious invoice may be prepared for a legitimate patron despite the fact that goods are not added or services have no longer been rendered.

Accounting ratios, an important subset of monetary ratios, are a group of metrics used to degree the performance and profitability of an employer based on its financial reports. They provide a way of expressing the relationship between one accounting information factor to any other and are the basis of ratio evaluation.

Learn more about asset turnover ratio here brainly.com/question/13401474

#SPJ4

5 0
1 year ago
Which of the following events would be likely to increaseincrease the supply of​ money?
geniusboy [140]

Answer:

D. The Fed decreases the discount rate relative to the federal funds rate.

Explanation:

The discount rate is the interest rate charged by the Central bank when commercial banks borrows funds from it.

When the discount rate is lowered, excess reserves increase and money supply increases.

The reserve requirement is the amount of deposits of commercial banks that should be kept as reserves. The higher the reserve requirement, the lower the money supply.

If banks hold more excess reserves, money supply falls.

An open market sale decreases money supply while an open market purchase increase money supply.

I hope my answer helps you.

8 0
3 years ago
___________are funds that the bank keeps on hand that are not loaned out or invested in bonds. group of answer choices
Nadusha1986 [10]

Certificates of deposit exist as funds that the bank keeps on hand that exists not loaned out or invested in bonds.

<h3>What are certificates of deposits?</h3>

Unsecured negotiable promissory notes, or certificates of deposit (CDs), are frequently issued by commercial banks and other financial organizations.

A certificate of deposit (CD) is a type of savings account where the issuing bank pays interest in exchange for holding a specified sum of money for a predetermined length of time, such as six months, a year, or five years. You will receive the amount you initially invested plus any interest when you cash in or redeem your CD.

Bonds and certificates of deposit (CDs) are comparable but not the same. Both of these securities are fixed-income investments that the holder keeps until the due dates. Investors invest money in bonds or CDs for a predetermined amount of time, and when that time expires, they receive their money back.

To learn more about certificate of deposit refer to:

brainly.com/question/1874937

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5 0
1 year ago
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