<span>The reserve requirement, which is also referred to as the cash reserve ratio, is 25 percent. This is calculated by subtracting the $6,000 loaned out from the bank's $8,000 in deposits, yielding a reserve of $2,000. The reserve requirement is calculated by dividing $2,000 by $8,000.</span>
Answer:
guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk
Explanation:
Given that the purpose of Tax planning is to ensure that there is tax efficiency for the firm, in an after-tax evaluation, the goal of the firm in terms of returns or profits is toll achieved.
Hence, in this case, the correct answer to the question is that TAX PLANNING "guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk."
As Sarah reports to work and clocks in at 8:00 a.m. each morning and leaves at approximately 4:30 p.m she is most likely considered as an employee of the company.
An employee can be described as a person who works for an organization. An employee usually has a fixed working time just like Sarah has.
The supplies that are used for work are given by the company which is also the case for Sarah.
Each employee in an organization works under a supervisor who is answerable to the CEO. Sarah also has a supervisor who directs ad assigns her tasks.
Hence, based on these characteristics, Sarah will be considered as an employee.
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Answer:
The per-unit value of ending inventory on August 31= $15.42
Explanation:
<em>The weighted average method of inventory determines the average cost per unit of inventory each time a new batch is received The explanation is completed using the table below with notes underneath</em>
The
Date Narration Qty Unit cost($) Total cost
Aug 2 Purchase 10 12 120
Aug 18 Purchase 15 15 <u>225
</u>
25 13.8 * 345
Aug 29 <u> ( 20)</u> 13.8 <u>(276
)</u>
5 69
Aug 31 <u>14</u> 16 <u> 224
</u>
Aug 31 19 15.42 ** 293
Notes
*The average cost of 13.8 is the division of 345 by 25.
**The average cost of $15.42 is the division of 293 by 19
The per-unit value of ending inventory on August 31= $15.42
Answer:
a. Zero
b. $200 million
c. $2 million
Explanation:
a. The investor invest regular in portfolio with the positive alpha until the portfolio size has driven alpha to zero.
b. Davita return 2% of $100 million = $2 million
1% fee \times X million total under management.
Than, X = $200 million
c. $200 million \times 1% fee given = $2 million
