Answer:
Option D (You value..........$56,000) is the right response.
Explanation:
- The overall expenditure of taking part throughout the school for the very first year would be the amount of such loss of university income as well as extra cash.
- Whenever you anticipate receiving stronger employment wages from university education, therefore during the 1st year that you estimate upwards of expenditure of $53,000 for higher learning.
Other options aren't linked to the specific circumstance. Thus, the response seems to be the right one.
E. decrease in both number of shares outstanding and the market price per share
Answer:
The answer is (c) First National Bank is not in a position to extend additional loans.
Explanation:
Please find the below for detailed explanation and calculations:
The First National Bank current reserve ratio is calculated as : Vault cash and deposits of the Bank with the Fed/ Total demand deposits of the Bank = $80 million / $400 million = 20%.
As the First National Bank' reserve ratio is now equal to the Fed's Reserve Requirement, First National Bank can not further extend its loan portfolio's balance, otherwise, its reserve ratio will fall below Fed's requirement which is not acceptable.
So, the answer is (c).
Answer: Listing expires and terminated
Explanation: In the scenario above, Avalon homes only serves to aid the sale of Trina's property and as such will not be held liable for any offense if the property isn't sold within the listing period. Avalon homes isnt responsible for either the slow nature of market at the time or the fact that Trina's property belongs to the high end category which often takes even more time to get a buyer for. Therefore, once the contract period of Trina's listing is reached, the listing expires and it's terminated unless another listing contract is struck between both parties.
