Answer:
7.09 %
Explanation:
Cost of preferred equity = Dividend / Market Price x 100
therefore,
Cost of preferred equity = $1.90 / $26.80 x 100 = 7.09 %
Answer: $22,000 and $105,000 respectively.
Explanation:
When the bank loans out all of its remaining excess reserves as a checkable deposit, and has a check cleared against it for that amount, its reserves and checkable deposits will now be respectively $22,000 & $105,000.
Answer:
c. Economic entity assumption
Explanation:
There are various assumptions and principles out of which few are given below:
1. Expenses recognition principle: According to this, the expenses of a particular year would be recorded on that year itself as the sale is recorded for the particular year
2. Full disclosure principle: According to this, all the important information should be disclosed by the company which can change the decisions of the users of the company
3. Economic entity assumption: According to this, the business activities or record keeping should be separate from its owners, shareholders, etc.
4. Going concern assumption: According to this, the business should be run for a longer time or forever. It will keep the business in running and there is no intention to closed or liquidate it.
In the given situation, the most appropriate option is c.
Answer:
The relational database model is based on the link between the attributes of a certain data type. This relation is important to be considered so the attributes A1 to An. are properly assigned to a data type (Type1, Type2etc.)
Explanation:
In a relational database model is important to consider what are the tables in which the data is contained and how are them related to each other allowing to access the information easily.