Answer:
€2,500 million
Explanation:
Data provided as per the requirement of estimated benefit to the population is here below:-
Benefit of the tariff reduction = €5
Size of population = €500 million
The computation of estimated benefit to the population is shown below:-
Estimated benefit to the population = Benefit from tariff reduction × Size of population
= €5 × €500 million
= €2,500 million
Therefore for computing the estimated benefit to the population we simply applied the above formula.
Answer:
A. the labor system would be as close to slavery as possible, thereby assuring high productivity.
Explanation:
The Reconstruction - era of northern version was clearly impacted on Slavery.
As the main objective of such reconstruction was to remove slavery at maximum. And with the end of such reconstruction era there was an end to slavery.
Accordingly, new constitutional rights to people earlier under slavery were provided.
Now, therefore, statement a in the given instance which provides for close relation between labor system and slavery is incorrect.
Incorrect Statement is:
A. the labor system would be as close to slavery as possible, thereby assuring high productivity.
Answer:
b. $.66
Explanation:
The computation of the per share value for the one year is
Given that
Current Price = $43
Possible Prices = $42 and $46
Now
u = [($46 - $43) ÷ $43] + 1
= 1.06977
And
d = 1 - [($42 - $43) ÷ $43]
= 0.9767
And,
Risk-Free Rate = T-Bill Rate = Rf = 4.1 %
Now the up move price probability is
= [(1 + Rf) - d] ÷ [u - d]
= [(1.041) - 0.9767] ÷ [1.06977 - 0.9767]
= 0.69088
And,
Exercise Price = $ 45
Now
If the Price is $42, so Payoff = $0
And
if the Price is $46, so Payoff =is
= ($46 - $45)
= $1
Finally the call price is
= [0.69088 × 1 + (1 - 0.69088) × 0] ÷ 1.041
= $0.66367
= $0.66
Answer:
Correct answer is TRUE
Explanation:
Non-cash assets are expected to produce cash over time but the amount of cash they eventually produce could be higher or lower than the values at which the assets are carried on the books. Some factors that affects the value of non-cash assets are the general economic forces such as inflation or deflation, amortization or impairement itself of the assets. It maybe realized at favorable side (gain) or unfavorable (loss) side.
Answer:
A
Explanation:
In the accounting process extracting a trial balance is the final step.
