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Alex_Xolod [135]
4 years ago
10

A line of credit can be either a formal or an informal agreement between a borrower and a bank regarding the maximum amount of c

redit the bank will extend to the borrower during some future period, assuming the borrower maintains its financial strength.A. True
B. False
Business
1 answer:
Whitepunk [10]4 years ago
6 0
The answer would be A, or true.
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I believe the answer is cost allocation.
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3 years ago
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What is the value of Yutter's stock at the end of Year 1 using the dividend discount model assuming that the dividend payout rat
Blizzard [7]

Answer:

$557,000

Explanation:

Note: <em>Missing word is attached as picture below</em>

Retention Ratio = (Net Income - Dividends) / Net Income

Retention Ratio = (12500 - 3000) / 12500

Retention Ratio = 9500 / 12500

Retention Ratio = 0.76

Retention Ratio = 76%

Sustainable equity growth rate = Retention Ratio * Return on Equity

Sustainable equity growth rate = 76% * 15%

Sustainable equity growth rate = 11.40%

Expected dividend per share = Current Year Dividend  *(100 + Growth Rate)%

Expected dividend per share = 3000 * (100+11.4)%

Expected dividend per share = 3000 * 111.4%

Expected dividend per share = 3342

Value of Stock = Expected dividend per share / (Cost of capital equity - Dividend growth rate​)

Value of Stock = 3342 / (12% - 11.40%)

Value of Stock = $557,000

3 0
3 years ago
If Keynes’ law applies during economic contractions and Say’s law applies during economic expansion, how will the three goals of
Lelu [443]

Answer:

Answer is option a, i.e. trade-offs and connections may differ in short run and the long run.

Explanation:

Keynes' law in economics and Say's law in economics are contradictory in their perspective. Where Keynes' law says that it is the demand that creates the supply, on the other hand, Say's law states that its the supply that tends to create the demand. But, we cannot neglect any of the above facts as demand and supply cant operate independently. So, on combining the two laws, we happen to take both the given laws into account. Also, it is found that Keynes' law is more appropriate and accurate for the short-run whereas, Say's law is for the long run. This thus creates trade-offs and connections that differ in the short-run and long-run by affecting the three important goals of macroeconomics, i.e. higher standard of living, low inflation, and low unemployment.

8 0
3 years ago
Which of these people help generate revenue for an organization directly?
krek1111 [17]

B. Extrenal...................

7 0
3 years ago
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The following refers to units processed in Sunflower Printing's binding department in March. Units of Product Percent of Convers
Andre45 [30]

Answer:

The total equivalent units of production with respect to conversion for March using the weighted-average method is 381,600 units

Explanation:

The computation of the total equivalent units to conversion is shown below:

=  Goods completed units  × completion percentage + Ending work in process units × completion percentage

= 345,000 units × 100% + 122,000 units × 30%

= 345,000 units + 36,600 units

= 381,600 units

All other information which is given in the question is not considered . Hence, ignored it

4 0
3 years ago
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