Answer:
Interest revenue from the CD 470.04
Explanation:
we will calcualte the future value of the CD and from there calculate the interest:
Principal 2,200.00
time 8.00 (2 years x 4 quarter per year)
rate 0.02450 (9.8% divided by 4 quarter per year)
This divisions and multiplication are done to make time and rate be express i nthe same metric.
Amount 2,670.04
Now, we calculate interest revenue:
Amount - Principal
2,670.04 - 2,200 = 470.04
According to the EVLN model, the information that suggests that Diego's main reaction to job dissatisfaction was the voice. Based on the EVLN model, the voice is being defined as a way of employees expressing their dissatisfaction in means of attempting to construct and active the improve conditions.
Answer:
The correct option is 1
Explanation:
The Federal Financial Institutions Examination Council (FFIEC) is a formal U.S. government interagency body composed of five banking regulators that is empowered to prescribe uniform principles, standards, and report forms to promote uniformity in the supervision of financial institutions.
FFIEC was established in March 10, 1979, pursuant to title X of the Financial Institutions Regulatory and Interest Rate Control Act of 1978 (FIRA).
Answer:
The optimal capital structure minimizes the firm's weighted average cost of capital.
Explanation:
The ideal capital structure of a company refers to the number of shares in the capital of the company itself and partners in the total capital invested so that that company could exist, thus leading to the minimum possible cost of capital, resulting in an allocation efficient capital. This term can be defined as a structure that is directly related to a degree of business risk and the existence of tax taxes on interest on debts.
In summary, the ideal capital structure minimizes the company's weighted average cost of capital.
Answer:
2.14 times
Explanation:
The computation of the current ratio is shown below:
Current ratio = Current assets ÷ Current liabilities
where,
Current assets is
= Cash + marketable securities + account receivable + prepaid expense + inventory
= $10,000 + $20,000 + $30,500 + $2,000 + $34,000
= $96,500
And, the current liabilities is account payable i.e $45,000
So, the current ratio is
= $96,500 ÷ $45,000
= 2.14 times
We simply applied the above formula