Answer:
$25,000
Explanation:
The cash balance at the end of the year can be calculated as follows:
=> $12,000 + $2,000 + $7,000 + $4,000
Answer:
B) channel funds directly from lenders to borrowers.
Explanation:
The complete financial system is a means by which money is transferred from savers to borrowers. The financial system is made up of banks, insurance companies, financial markets, and other financial institutions that allow the exchange of money.
Financial markets are the only type of institution that allows the exchange of money from lenders to borrowers without third parties being involved.
Answer:
32.13%
Explanation:
The computation of the break-even corporate tax is shown below:
As we know that
Municipal bond return = preferred stock return before tax × [1 - (1 - dividend exclusion) × Break even corporate tax]
7.5 = 8.30 × [1 - ( 1 - 0.70) × Break even corporate tax
]
7.5 ÷ 8.30 = 1 - 0.30 × Break even corporate tax
0.9036 = 1 - 0.30 × Break even corporate tax
0.30 × Break even corporate tax = 1 - 0.9036
So, Break even corporate tax is
= 0.0964 ÷ 0.30
= 32.13%
Basically we applied the above formula
Answer:
A. NASDAQ has more listed stocks than does the NYSE.
Answer:
Ice, liquid water, and water vapor differ in the arrangement and motion of water molecules
Explanation:
