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gayaneshka [121]
3 years ago
13

Role of microfinance institutions in national development

Business
1 answer:
IgorLugansk [536]3 years ago
7 0

Answer:

<em><u>Thus, micro-finance has become one of the most effective interventions for economic empowerment of the poor. Microfinance is an economic development approach that involves providing financial services, through institutions, to low-income clients, where the market fails to provide appropriate services (Kumudini, 2015).</u></em>

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Dan's Independent Book Store is trying to decide on how many copies of a book to purchase at the start of the upcoming selling s
Usimov [2.4K]

Answer:

The answer is b as he should order 1045 copies to maximize his profits.

Explanation:

As

CR=\frac{C_{u} }{C_{o}+C_{u}  }

So,

Given :

C_{o} =20-14=6

C_{u} =28-20=8

Thus

CR=\frac{8 }{6+8  }

     =57.14\%

thus      Q^{*} =Norm.inu(0.5714,1000,250)

                 =1045.0032

                  ≈ 1045

Which is option b.

3 0
4 years ago
Suppose the Federal Reserve (the Fed) announces that it is raising its target interest rate by 50 basis points, or 0.50%. It wou
Olenka [21]

Answer: decreasing money supply; less; decreases.

Explanation:

When the Federal Reserve wants to increase its target interest rate by 50 basis points, this can be done if the Fed reduces the money supply that is in circulation.

This will in turn, lead to a new equilibrium rate and there will also be a decrease in money in the financial system as there'll be a reduction in the quantity of money demanded.

5 0
3 years ago
Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts
Lemur [1.5K]

Answer:

horizon value at year 5 = Div₆ / (Re - g)

  • Div₆ = ($2.75 x 1.143²) x 1.0372 = $3.726384483
  • Re = 12.4%
  • g = 3.72%

horizon value at year 5 = $3.726384483 / (12.4% - 3.72%) = $42.93

current value P₀ = $2.75/1.124³ + $3.14325/1.124⁴ + $46.52273/1.124⁵ = $1.937 + $1.969 + $25.932 = $29.838 ≈ $29.84

1) dividend yield = 0/$29.84 = 0%

capital gains yield = (P₁ - P₀) / P₀

P₁ = $2.75/1.124 + $3.14325/1.124² + $46.52273/1.124³ = $2.447 + $2.488 + $32.762 = $37.697 ≈ $37.70

capital gains yield = ($37.70 - $29.84) / $29.84 = 26.34%

2) Goodwin has yet to record a profit (positive net income). Is this statement a possible explanation for why the firm hasn't paid a dividend yet?

A. Yes

Since dividends must be paid out from net profits or retained earnings.  

8 0
3 years ago
"In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $13,000 and ending
tensa zangetsu [6.8K]

Answer:

The total cost to be accounted for under the weighted-average method is $166,000

Explanation:

Okamura Corporation Partial Manufacturing Account

                         Particulars                                Amount

Cost of ending work in process inventory      $18,000

Add: Cost of units transferred out                   <u>$148,000</u>

Total cost accounted for                                  <u>$166,000</u>

The total cost to be accounted for under the weighted-average method is $166,000

7 0
3 years ago
Which of the following best describes the relationship between economic growth and energy use? a. increased energy use leads to
Vinil7 [7]

The relation between economic growth and energy use can be best described by the increased energy use leads to increased economic growth.

So, Option A is the right answer.

How do energy use and economic growth relate to each other?

There is a direct relationship between usage of energy and economic growth, that means, if energy usage rises, then economic growth also rises. On the contrary, if energy usage falls, then economic growth also falls.

The developed nations are having abundant resources which leads to more satisfaction among the public due to which they use more energy and finally impacted an increase in the overall economic growth of a country. The less-developed nations face a lot of struggle in satisfying the people due to having insufficient resources which result in the usage of lesser energy and ultimately created a decreasing impact on the economic growth.

Therefore, energy use and economic growth are interlinked with each other.

To learn more about the relation between energy use and economic growth in the mentioned link:

brainly.com/question/20629290

5 0
2 years ago
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