Answer: The correct answer is choice d.
Explanation: The main source of profits for financial institutions is the interest that it receives on money that it loans out. More specifically, the difference between interest paid on deposits and interest received on loans. The other choices do represent revenue streams for financial institutions, but they are not the primary ones.
Answer:
expected end-of-period price per share is $14.40
Explanation:
Beginning of period price = $14
Dividend per share = $1
Cost of Equity Capital = 10%
Cost of Equity Capital:
= (End of period price + Dividend per share - Beginning of period price) ÷ Beginning of period price
10% = (End of period price + $1 - $14) ÷ $14
$1.40 = End of period price - $13
End of period price = $14.40
So, expected end-of-period price per share is $14.40
IRR function for this problem exists 7. 7% and invest in the project.
<h3>What is the IRR function?</h3>
Microsoft Excel exists a spreadsheet designed by Microsoft for Windows, macOS, Android, and iOS. It features calculation or computation capabilities, graphing instruments, pivot tables, and a macro programming language named Visual Basic for Applications.
The Excel IRR function returns the internal rate of return (IRR) for a sequence of cash flows that emerge at regular intervals. Specify the internal rate of return. Return was computed as a percentage. =IRR (values, [guess]).
IRR stands for the interest rate at which the sum of all cash flows equals zero, thus it exists useful for comparing one investment to another. In the initial example, if we substitute 8% with 13.92%, the NPV evolves to 0, and your IRR becomes zero. As an outcome, IRR is described as the discount rate at which a project's NPV becomes zero.
IRR function for this problem exists 7. 7% and invest in the project.
To learn more about IRR function refer to:
brainly.com/question/7920964
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Answer:
so Budgeted cash collections in June is $121500
Explanation:
given data
sale in month R1 = 15% = 0.15
sale month following R2 = 75% = 0.75
sale second month R3 = 5% = 0.05
sale uncollectible R4 = 5% = 0.05
Sales April A = $ 198,000
Sales May M = $ 117,000
Sales June J = $ 159,000
to find out
Budgeted cash collections in June
solution
we will find june Budgeted cash so
we will apply here formula that is
june collection = J × R1 ÷ M × R2 ÷ A × R3
put all value we get june collection
june collection = 159,000 × 0.15 + 117,000 × 0.75 + 198,000 × 0.05
june collection = 121500
so Budgeted cash collections in June is $121500
