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2 years ago

What does a money market account offer that a certificate of deposit (CD)

Business

1 answer:

ruslelena [56]2 years ago

4 0

Answer: A. You can withdraw money at any time.

Explanation:

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Which type of loan requires that you pay the interest accumulated during college?

butalik [34]

B. the subsidized federal loan /////////////////////

7 0

3 years ago

Read 2 more answers

Budgeted sales in Acer Corporation over the next four months are given below: Budgeted sales September October November December

AlekseyPX

Answer:

$161,400

Explanation:

Cash collection calculation

December cash sales ($160,000*30%) = $48,000

Credit sales

December: (160000*70%*50%) = $56,000

November: (180000*70%*30%) = $37,800

October: (140,000*70%*20%) = $19,600

Total cash collections $161,400

7 0

3 years ago

On March 15, American Eagle declares a quarterly cash dividend of $0.105 per share payable on April 13 to all stockholders of re

rodikova [14]

Answer:

March 15 Debit Credit

Dividends $22,470,000

Dividends Payable $22,470,000

March 30 No entry

April 13

Dividends Payable $22,470,000

Cash $22,470,000

Explanation:

In order to record American Eagle's declaration and payment of cash dividends for its 214 million shares first we would require to calculate the dividends as follows:

Dividends=214,000,000 shares*$0.105

Dividends=$22,470,000

Therefore, the journal entries would be the following:

March 15 Debit Credit

Dividends $22,470,000

Dividends Payable $22,470,000

March 30 No entry

April 13

Dividends Payable $22,470,000

Cash $22,470,000

7 0

3 years ago

Feldspar Inc. is considering the capital structure for a new division. Management has been given the following cost information:

34kurt

Answer:

Option 4

Explanation:

In this question ,we have to compute the WACC which is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of common stock) × (cost of common stock)

For Option 1, it would be

= (0.3 × 10%) × ( 1 - 40%) + (0.7 × 12.5%)

= 1.8% + 8.75%

= 10.55%

For Option 2, it would be

= (0.4 × 10.5%) × ( 1 - 40%) + (0.6 × 13%)

= 2.52% + 7.8%

= 10.32%

For Option 3, it would be

= (0.5 × 11%) × ( 1 - 40%) + (0.5 × 13.5%)

= 3.3% + 6.75%

= 10.05%

For Option 4, it would be

= (0.6 × 11.7%) × ( 1 - 40%) + (0.4 × 14.2%)

= 4.212% + 5.68%

= 9.89%

For Option 5, it would be

= (0.7 × 13%) × ( 1 - 40%) + (0.3 × 15.5%)

= 5.46% + 4.65%

= 10.11%

So based on this, the management should accept option 4 as it derives the best debt asset ratio

The weightage of equity would be come

= 1 - weightage of debt

8 0

3 years ago

All of the following are true of the real interest rate except it Is equal to the nominal interest rate minus the anticipated ra

Lynna [10]

Answer:

Equals the foreign exchange rate minus the inflation rate.

Explanation:

Nominal rate of interest refers to the interest rate which does not account for rate of inflation.

It is expressed as

Nominal interest rate = Real interest rate + rate of inflation

Real interest rate is considered to be a better measure since it is adjusted for rate of inflation.

Foreign exchange rate refers to exchange rate between two currencies which is based upon inflation and interest rates prevailing in the respective countries.

5 0

3 years ago