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3 years ago

Which is the correct order of entities who benefit when banks make a profit

Business

2 answers:

Kitty [74]3 years ago

7 0

D. Shareholders, companies, and the economy is the answer.

Hope it helps.

Mkey [24]3 years ago

4 0

I believe the answer is: 4. D. Shareholders, companies, and the economy

When bank make a profit, it first need to spread its dividend proportionally to the percentage of ownerships that the shareholders have. After that , the amount of profit could be used as loan for companies to expand their operation. When this happen, the amount of wealth accumulated in a country would be increase, which would positively benefit the economy as a whole.

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Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on an estimate of 20,000 direc

astraxan [27]

Answer:

Under allocation= 1,000 underallocated

Explanation:

Giving the following information:

Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on an estimate of 20,000 direct labor-hours to be worked during the year. Actual costs and activity during the year were: Actual manufacturing overhead cost incurred $ 38,000 Actual direct labor-hours worked 18,500

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 2*18,500= $37,000

Real overhead= 38,000

Over/under allocation= real MOH - allocated MOH

Under allocation= 38,000 - 37,000= 1,000 underallocated

5 0

3 years ago

In order for a new grocery store to be erected, a neighborhood basketball court located on the building site will have to be dem

Tom [10]

Answer: They could be considered as external stakeholders

Explanation: A stake holder, is some one or a group of people who have something, they stand to gain or loose from the existence or activities of a company or establishment, it is apparent here that the actions of the new grocery store will affect the children that play basketball on the court.

4 0

3 years ago

You were left $100,000 in a trust fund set up by your grandfather. The fund pays 6.5% interest. You must spend the money on your

pickupchik [31]

Answer:

The answer is 27,408.71

Explanation:

Solution

Recall that:

You were left with a trust fund of =$100,00

Interest rate = 6.5%

Money with drawled = 4 installments

Now,

The step to take is to find you could withdraw currently at the start of each of the next 3 years with a zero account to end up with.

Now,

100, 00 = X (1 - (1.065)^-4/.065/1.065

We now solve for X

Thus

X =7,408.71

By applying or using a financial calculator

We arrange it to an annuity due setting - [2nd] [BGN] then [2nd] [Set] this will set it to mode "BGN"

So,

N = 4

I/Y = 6.5

PV = -100,000

FV = 0

CPT PMT

The payments are known to to be 27,408.71

Note : Kindly find an attached copy of the Financial calculator below

3 0

3 years ago

Read 2 more answers

What three ways can music be transmitted?

denis-greek [22]

Answer:

Oral/aural transmission. To begin with, pieces of music could only be passed orally from one person to the next. ...

Manuscripts. ...

Printing and publishing. ...

Recording.

4 0

3 years ago

Waller, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 20 years to maturity twith a c

Gemiola [76]

Answer:

The after-tax cost of debt : 3.90%.

Explanation:

The semi-annual coupon = 1,000 x 5% /2 = $25.

The before-tax cost of debt, denoted as i, is the yield to maturity of the company's debt, which is calculated as below:

(25/i) x [1 - (1+i)^-40] + 1,000/(1+i)^40 = 854 <=> i = 3.147%.

=> Because the debt is semi-annual compounded, we have the: Effective annual rate = Before-tax cost of debt = ( 1+ 3.147%)^2 -1 = 6.39%.

=> After tax cost of debt = Before tax cost of debt x ( 1 - tax rate) = 6.39% x ( 1 - 0.39) = 3.90%.

So, the answer is 3.90%.

4 0

3 years ago