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Eva8 [605]
3 years ago
11

Iship

Business
1 answer:
Natali [406]3 years ago
5 0

Explanation:

<h2> Attributes of an entrepreneur </h2>
  1. Should be innovative and creative
  2. hould be risk taker
  3. hard worker
  4. should be confident in what he/she is doing

You might be interested in
If people refused to use banks to create checkable deposits, the banking system would:___.
irinina [24]

If people refused to use banks to create checkable deposits, the banking system would not be able to create new money.

Checkable deposits include all accounts on which checks can be drawn. These deposits allow the owner of bank account to write checks to third parties. Also, they are very liquid assets that allow depositors to have an easy access to their funds.

For these reason, checkable deposits generally are important but also one of the lowest-cost source of bank funds, covering a large share of bank liabilities. Thus, banks create money by lending excess reserves to consumers and businesses.

Hence, if people refused to use banks to create checkable deposits, the money multiplier decreases.

To learn more about Checkable deposits here:

brainly.com/question/15867820

#SPJ4

7 0
1 year ago
Plastic Company purchased 100 percent of Spoon Company's voting common stock for $648,000 on January 1, 20X4. At that date, Spoo
ANTONII [103]

Answer:

The amount of investment income is $52,000

Explanation:

Assets of $690,000

Liabilities of $230,000

Spoon's assets were equal except for land, which had a fair value $108,000 more than book value, and equipment, which had a fair value $80,000 more than book value.

Net income of $68,000

Paid dividends of $34,000

Proportionate share of reported income

Share in income from investment = 68000 × 100% = $68,000

Depreciation on equipment = (80,000 ÷ 5) = ($16,000)

Amount of investment income = $68,000 - $16,000

= $52,000

8 0
3 years ago
Parkway Void Co. issued 16-year bonds two years ago at a coupon rate of 8.5 percent. The bonds make semiannual payments. If thes
NNADVOKAT [17]

Answer:

The annual YTM will be = 0.07518796992 or 7.518796992% rounded off to 7.52%

Explanation:

The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,

YTM = [ ( C + (F - P / n))  /  (F + P / 2) ]

Where,

C is the coupon payment

F is the Face value of the bond

P is the current value of the bond

n is the number of years to maturity

Lets assume the par value is 1000.

Current value = 1000 * 109% = 1090

Coupon payment = 1000 * 0.085 * 6/12 = 42.5

Number of periods remaining till maturity = 14 * 2 = 28

semi annual YTM = [ (42.5 + (1000 - 1090 / 28))  /  (1000 + 1090 / 2)

semi annual YTM = 0.03759398496 or 3.759398496% rounded off to 3.76%

The annual YTM will be = 0.03759398496 * 2 = 0.07518796992 or 7.518796992% rounded off to 7.52%

7 0
3 years ago
Mr. Smith has an income of $40,000 this year and $60,000 next year. He can invest in a project that costs $30,000 this year, whi
____ [38]

Answer:

"$52,000" is the correct answer.

Explanation:

Given:

This year income,

= $40,000

Next year income,

= $60,000

Market interest rate,

= 10%

or,

= 0.1

Now,

The next year consumption will be:

= [40,000 - 30,000 - 50,000]\times 1.1 + (60,000 + 36,000)

= -40,000\times 1.1+96000

= -44000+96000

= 52000 ($)

8 0
3 years ago
What is a smart way to capture the readers' attention in a personal essay?
Hunter-Best [27]

Answer:

focus on what its asking

Explanation:

and make it fun to read don't make it boring

8 0
3 years ago
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