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natali 33 [55]
3 years ago
11

Fund Net Asset Value Offering Price Change Capital $9.01 $9.59 - .02 Common $6.37 $6.64 - .04 Corporate $7.72 $8.44 .03 A custom

er who placed an order to buy 200 shares of Capital Fund this day will pay: A $1,802 B $1,802 plus a commission C $1,918 D $1,918 plus a commission Review
Business
1 answer:
Oksi-84 [34.3K]3 years ago
8 0

Answer:

C $1,918

Explanation:

Calculation to determine what Capital Fund this day will pay

Using this formula

Capital fund=Capital Offering price*Number of shares

Let plug in the formula

Capital fund=$9.59 per share x 200 shares

Capital fund=$1,918.00

Therefore Capital Fund this day will pay:$1,918.00

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A firm is currently operating at full capacity. Net working capital, costs, and all assets vary directly with sales. The firm do
stich3 [128]

Answer: (C) Long term debt

Explanation:

  The long term debt is one of the type of long and fixed rate of interest and effectively balance the organizational liabilities and the cash flow process.

 The long term debt is the term which is used to refers to the higher quality of principle balance in which it is easy to manage the payments and the budget on the basis of the operational income.

 According to the given question, the long term debt is needed when the firm has the positive external financing factors and the main benefit of the long term debt that the investors are invested due to the interest payment and the fixed rate in the market.

Therefore, Option (C) is correct answer.    

3 0
3 years ago
Suppose First Main Street Bank, Second Republic Bank, and Third Fidelity Bank all have zero excess reserves. The required reserv
lesantik [10]

Answer:

a) Assets: Reserves $200,000; Liabilities: Deposits $200,000

b) Amount Deposited: $2000,000; Change in Excess Reserves: $190,000; and Change in Required Reserves: $10,000

c) See the calculation below and the attached excel file for the table.

d) the $200,000 injection into the money supply results in an overall increase of <u>$4,000,000 </u>in demand deposits.

Explanation:

These can be answered as follows:

a) Complete the following table to reflect any changes in First Main Street Bank's T-account (before the bank makes any new loans).

Note: See the attached excel file for the table.

The $200,000 deposited by Lorenzo to First Main Street Bank led to the creation of both an asset and a liability for First Main Street Bank.

As a result, the reserve of the bank is increased by $200,000 on the asset side of the T-account. It is therefore now possible for the ban to grant loan to other customers from these additional reserves.

In addition, the demand deposit of the bank is increased by $200,000 on the liability side of the T-account. This is recorded as a demand deposit because it is possible for Lorenzo to come at any time to the band to withdraw his deposit either by using a debit card or by writing a check.

b) Complete the following table to show the effect of a new deposit on excess and required reserves when the required reserve ratio is 5%. Hint: If the change is negative, be sure to enter the value as negative number.

Note: See the attached excel file for the table. Just scroll the excel file down to part b.

The required reserve ratio of 5% indicates that First Main Street Bank has to hold 5% of the $200,000 the deposit or fresh fresh reserves, and this will result in having a 95% excess reserve which the bank can employ to grant loans.

From the amount deposited, the change in excess reserve and the change in the required reserve can be computed as follows:

Amount deposited = $200,000

Change in excess reserve = $200,000 * (1 - 5%) = $190,000

Change in required reserve = $200,000 * 5% = $10,000

c) Now, suppose First Main Street Bank loans out all of its new excess reserves to Juanita, who immediately uses the funds to write a check to Gilberto. Gilberto deposits the funds immediately into his checking account at Second Republic Bank. Then Second Republic Bank lends out all of its new excess reserves to Lorenzo, who writes a check to Neha, who deposits the money into her account at Third Fidelity Bank. Third Fidelity lends out all of its new excess reserves to Teresa as well.Fill in the following table to show the effect of this ongoing chain of events at each bank. Enter each answer to the nearest dollar.

Note: See the attached excel file for the table. Just scroll the excel file down to part c.

As already computed in part b above, we have the following to show the effect of this ongoing chain of events at each bank, we have:

<u>For First Main Street Bank:</u>

Increase deposit = Deposit from Lorenzo = $200,000

increase in required reserve = $200,000 * 5% = $10,000

Increase in loans = Loan to Juanita = $200,000 * (1 - 5%) = $190,000

<u>For Second Republic Bank:</u>

Increase deposit = Deposit from Gilberto = $190,000

Increase in required reserve = $190,000 * 5% = $9,500

Increase in Loans = Loans to Lorenzo = $190,000 * (1 - 5%) = $180,500

<u>For Third Fidelity Bank:</u>

Increase deposit = Deposit from Neha = $180,500

Increase in required reserve = $180,500 * 5% = $9,025

Increase in Loans = Loans to Teresa = $180,500 * (1 - 5%) = $171,475

d) Assume this process continues, with each successive loan deposited into a checking account and no banks keeping any excess reserves. Under these assumptions, the $200,000 injection into the money supply results in an overall increase of in demand deposits.

In order to calculate this, the formula for the money multiplier is used to multiply the initial deposit or injection of $200,000 by Lorenzo as follows:

Money multiplier = 1/r

Where r denotes required reserve ratio of 5%, or 0.05.

Therefore, we have:

Overall increase in demand deposits = Injection * (1 / r) = $200,000 * (1 / 0.05) = $200,000 * 20 = $4,000,000

Therefore, the $200,000 injection into the money supply results in an overall increase of <u>$4,000,000 </u>in demand deposits.

Download xlsx
8 0
3 years ago
Martha worked for a marketing company with a casual atmosphere and informal culture. The company declared bankruptcy. Martha can
Elis [28]

Answer: Practical intelligence

Explanation: In simple words, practical intelligence refers to the ability of an individual to shape and fit itself according to the demands of the environment.

In the given case, Martha worked with a company  that had a casual and open atmosphere. But after joining employment in a bank she herself understood that different attitude will be needed there to work. She herself adjusted her personality and dressing  as per the demand of the environment.

Hence from the above we can conclude that she is exhibiting practical intelligence.

7 0
3 years ago
Let's assume that a firm produces 40 products. Its total weekly cost (TC) at this output is $1200. This includes TVC and TFC. We
ikadub [295]

Answer:

$15

Explanation:

The computation of the average fixed cost is shown below:

As we know that

Average fixed cost is

= Total fixed cost ÷ Quantity

where,

Total fixed cost is

= Total cost - total variable cost

= $1,200 - $200 × 3

= $1,200 - $600

= $600

And the quantity is 40 products

So, the average fixed cost is

= $600 ÷ 40

= $15

3 0
3 years ago
25 points and brianly
horsena [70]

Answer:

Sentence 3

Explanation:

5 0
2 years ago
Read 2 more answers
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