Answer:
The answer is: Income statement
Explanation:
As she wants to get information on sales and costs, the Income statement is the statement that she should looking for. With the Balance sheet statement, it only shows information on the financial position reporting the firm's assets, liabilities and owner's equity at a specific point in time rather than the sales and costs firgures during the reporting period.
Furthermore, she should opt for Income statement rather than the common-size income statement because the common-size income statement hardly illustrates any trend during the recent years/ reporting periods, instead, it is only shown each revenue and cost items as percentage of total sales in a specific period.
In the income statement, there should be enough information for the new CFO to find trends on revenues and costs (if any) because the revenue and cost items is detailed enough and at least it should be given the comparision between sales & costs of the reporting period versus the firgures of the previous reporting period.
Answer:
C. Reducing the reserve requirement on banks
Explanation:
The Federal Reserve( Fed) expects commercial banks to maintain a percentage of customer deposits in their custody. The amount that the banks keep is known as reserves. The Fed sets the percentage of deposits to be held as reserves. The Fed may adjust this percentage in line with its monetary objectives.
By reducing the reserve requirements percentage, commercial banks remain with a bigger portion of deposits that they lend out. It means banks will issues out more loans to customers. An increase in lending adds more money to the economy. Reducing the reserve requirement increases the money supply in the country.
Answer:
Role of interviewer during interview, Two interview questions relevant to any vacancies -
Explanation:
Two important questions
- Introduce yourself : This helps analysing the core personality traits of the candidate, which highlights his suitability or non suitability for the job
- Why do you want to perform this job : This will help in analysing the depth of dedication the candidate has for the work profile, which would hence depict is expected level of hard work & sincerity.
Role of Interviewer :
- Analysing the candidate's personal & professional traits, which are of significance to the job performance
- Explaining the candidate about their organisation, its rules & norms, his expected work profile authority & responsibility etc
Answer:
The price of a U.S. postage stamp has increased approximately <u>63%</u> in terms of Indian rupees and <u>10%</u> in terms of Chinese yuan.
Explanation:
the exchange rate between the US dollar and the Indian rupee:
April 2011 = 45.54 Indian rupees per dollar x $0.41 = 18.67 Indian rupees
April 2016 = 66.16 Indian rupees per dollar x $0.46 = 30.43 Indian rupees
change in Indian rupees = (30.43 - 18.67) / 18.67 = 63%
the exchange rate between the US dollar and the Chinese yuan:
April 2011 = 6.61 Chinese yuan per dollar x $0.41 = 2.71 Chinese yuan
April 2016 = 6.48 Chinese yuan per dollar x $0.46 = 2.98 Chinese yuan
change in Chinese yuan = (2.98 - 2.71) / 2.71 = 10%
Answer:
current value = $66.29
Explanation:
given data
expected to pay dividend = $2.95
constant rate = 4% per year
required rate of return = 8.45%
solution
Stock's current value per share will be express as
current value = dividend ÷ (Required rate of return - Growth rate of dividend) .....................1
put here value and we get
current value = $2.95 ÷ ( 8.45% - 4% )
current value = $66.29
