All categories

3 years ago

1. Large-denominated ($100,000 and more) time deposits

Business

1 answer:

olga nikolaevna [1]3 years ago

4 0

Answer:

items 1, 5, 9, and 10.

Explanation:

From the question, it is given that the large time deposits are not be in M1 or in M2. They are also not stock certificates, or the money market funds that may be held by the businesses, or by bank reserves.

Therefore, the correct answer is :

The items of 1, 5, 9 and 10 are not in M1 or in M2.

You might be interested in

The Roberts family just received news from Jo-Anne Roberts' employer that she was receiving a prestigious promotion to Corporate

vazorg [7]

Answer:

Of course Jo-Anne Roberts can keep the apartment.

Explanation:

Jo-Anne and the previous owner of the apartment had a valid contract by which Jo-Anne was to pay $3.7 million for the apartment. She has already partially completed her performance on the contract, so the seller must perform his part of the contract.

8 0

3 years ago

MM Proposition II with taxes: Group of answer choices explains how a firm's WACC increases with the use of financial leverage. r

schepotkina [342]

Answer:

explains how a firm's WACC increases with the use of financial leverage.

Explanation:

According to the MM Proposition II with taxes, the cost of equity rises with the increases use of debt in the capital structure of a firm.

$r_{e}$ = $r_{o} +( r_{o} - r_{d} )$ × $\frac{D}{E}$

As cost of equity increases, the firm's WACC increases also

The MM Proposition I with taxes reveals how utilizing the tax shield on debt causes an increase in the value of a firm

4 0

3 years ago

A company purchased a piece of equipment for $50,000 and the equipment has an expected useful life of five years. Its residual v

Simora [160]

Answer:

$12,000

Explanation:

Given that,

Cost of equipment = $50,000

Expected useful life = 5 years

Estimated residual value = $4,000

Depreciation refers to the fall in the value of fixed assets with the passage of time.

Here, we are using double-declining-balance depreciation method,

Firstly, we are calculating the straight line depreciation rate as follows:

= (100% ÷ useful life)

= (100% ÷ 5)

= 20%

So, the double-declining depreciation rate is calculated by multiplying the straight line depreciation rate by 2. It is calculated as follows:

= 2 × straight line depreciation rate

= 2 × 20%

= 40%

First year depreciation is calculated as follows:

= Double-declining depreciation rate × Cost of equipment

= 40% × $50,000

= $20,000

Therefore, the amount of depreciation expense for the second year is calculated as follows:

= Double-declining depreciation rate × (Cost of equipment - First year depreciation)

= 40% × ($50,000 - $20,000)

= 0.4 × $30,000

= $12,000

5 0

3 years ago

Merchandise inventory is Select one: a. None of the above b. Reported under the classification of Property, Plant and Equipment

Elden [556K]

Answer:

d. Reported as a current asset on the balance sheet

Explanation:

Merchant inventory refers to st finished goods available for sale at any given time. Merchant inventory is commonly referred to as inventory. It is recorded as a current asset in the balance sheet.

Merchant inventory is acquired through purchasing by retailers, wholesalers, and distributors to be sold to customers. Merchant inventory will specifically refer to the unsold goods at the end of a period. It is recorded at its acquisition cost. i.e., the cost which the trader paid to obtain the merchandise.

6 0

3 years ago

Smashed pumpkins co. Paid $200 in dividends and $624 in interest over the past year. The company increased retained earnings by

Maru [420]

Dividends that were paid last year = $200

Retained earnings = $522

Net Income = Retained earnings + Dividends paid = 200+522 =722

Tax rate was 38%.

Earnings before tax (EBT) = Net income/ (1-tax rate) =722/(1-0.38) = 1,164.52

Interest expense= 624

Earnings before interest and tax (EBIT) = EBT + interest expense = 1,164.52 + 624 = 1,788.52

Earnings before interest and tax (EBIT) = 1,788.52

3 0

3 years ago