Answer:
Option (a) is correct.
Explanation:
The federal reserve is the central bank of United States. It is responsible for all the changes occured in a nation's monetary policy and it regulates all the banks operates in a nation.
Federal reserve uses various monetary policy tools to control the money supply in an economy. Some of the tools are as follows:
(i) Cash reserve ratio (CRR)
(ii) Statutory liquidity ratio
(iii) Open market operations(OMO)
(iv) Repo rate
(v) Reverse repo rate
(vi) Bank rate
Functions of Fed:
(i) Regulation of financial institutions
(ii) Banker's bank
(iii) A lender of last resort
(iv) Implement monetary policy
Answer:
The correct answer would be A, An Insurance Agent.
Explanation:
An Insurance agent is an agent who helps people choose the right insurance policy and sets up their policies. Insurance Agent can be an independent person selling Insurance policies for commission or can be an employee of the insurer company. This person acts as an agent and help people in deciding which policy to choose according to their needs and wants. He also sets up their policies. For example, if a person is married and has children, the insurance agent may ask him to choose the education insurance for his children. He may also ask him to pick the life insurance policy to get him family secured after his demise. So an insurance agent not only helps people choose their policies but also helps them set up.
Answer:
enterprise value to EBITDA.
Explanation:
The computation of the value of the stock using P/E ratio is shown below:-
Stock value = (P/E ratio × EPS) × Number of shares outstanding
= (12.9 × $2.33) × 5.3 million
= 159.3021 million
Now, the computation of the value of the stock using EBITDA multiple is shown below:-
Stock value = (EBITDA multiple × EBITDA) - Net debt
= (7.1 × $29.3 million) - $125 million
= 208.03 - $125 million
= 83.03
There is no equivalent corporate debt. It is easier to make a comparison at the operating level and thus a better measure of valuation is the enterprise value to EBITDA.
Answer:
The correct answer is B.
Explanation:
Trade between individuals and between nations leads to: Increased Specialization
Answer:
The material cost of the work in process at March 31 is d. $0
Explanation:
Note: Equivalent unit of Work in process of Material is 0 as material are added at the end of process which leads to total cost of material of work in proccess = 0.
