Answer:
£30 million
Explanation:
Banks net exposure serves as the the money currently owned by the bank.
Credit to bank;
Loans to corporate customers is bank's money since customers will repay the loan back to the bank even with interest = £120 million
Total credit owned by the bank =
£120 million
Debit;
Deposit owned to customers = £70 million (It is customers money not bank's)
Money sold forward by bank is also going out of banks pocket (debit) =£20 million
Total debt owned by bank = £70 million+£20 million = £90 million
Bank's net exposure = Total credit - debt owned by bank
Banks net exposure = £120 million - £90 million
= £30 million
Based on the amount paid for the tickets and their fair value, the portion that is entitled to <u>charitable contribution deduction</u> is $75.
When one buys a ticket to a charitable event, there is a chance that some of the ticket price can be treated as a charitable contribution deduction.
The part that can be treated as such is anything in excess of the fair value of the ticket. This amount in this case is:
= 200 - 125
= $75
In conclusion, the answer is $75.
Find out more on <u>charitable contribution deductions</u> at brainly.com/question/8706786.
Answer:
a) c. $4.34
b) b. $4.10
Explanation:
a) Find Farewell's diluted earnings per share for 2021.
Use the formula below:
Diluted EPS = (Net income after tax - preferred dividend) / diluted common stock
Diluted EPS = $4.34 per share
b) stock options = 5,000
Value in current shares = 500,000/12 = $4,167
Diluted shares = 5000 - 4167 = 833
Use the formula below to find the diluted earnings per share:
Diluted EPS = Net income/share outstanding
Diluted EPS = $4.10 per share
Answer:
18.49%
Explanation:
The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.
The IRR can be calculated using a financial calculator:
Cash flow in year 0 = –$28,500
Cash flow in year 1 = $12,500
Cash flow in year 2 = 15,500
Cash flow for year 3 = $11,500
IRR = 18.49%
To find the IRR using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
I hope my answer helps you
Answer: none of the above.
Explanation:
The Engle curve shows the relationship that takes place between the income of a consumer and the quantity of a particular good purchased.
From the question we are informed that the income consumption curve between good x and good y has a negative slope, this implies that good Y is an inferior good and that it has a negative income elasticity.
Also, since the Engle curve of good X has a positive slope, it implies that good X is a normal good.
Therefore, the answer to the question is "none of the above" as all options are true.
