Answer:
Non Banking Institutions (Investment Bank)
Explanation:
Non Banking Institutions (Investment Bank) do not have a full banking licence and are not usually supervised by a national or international banking regulatory agency.
NBIs facilitate investment, market brokerage, contractual savings and risk pooling.
Non Bank Institutions provide avenues for transforming an economy's savings to capital investment.
One way they do this is by underwriting new issues of securities for corporations, states, and municipalities needed to raise money in the capital markets.
51.2 days in inventory ratio decrease as a result of the switch to the JIT system
Explanation:
Just in time (JIT) output is a process technique designed to reduce the processing cycles of production systems, as well as the reaction times of manufacturers and consumers. JIT production allows companies, while lowering costs, to manage variation in their operations.
Inventory turnover shall be calculated by the split price of products sold by average stock before days in inventory can also be determined.
Inventory turnover = 3.9 times ($624,000/160,000) in 2016 and
8.6 times ($688,000/80,000) in 2017.
Dividing 365 by stock days in every statistic results of 93.6 and 42.4 days, respectively, a decrease of 51.2 days.
Answer:
Option D is correct
Activity rate for the Labor-Related activity cost pool= $28.08 per DLH
Explanation:
<em>Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers. </em>
Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers.
Activity rate per driver is calculated as:
Activity overhead for the period / Total cost drivers for the period
Activity rate for the Labor-Related activity cost pool
= Labour related overheads/Total labour hours
= $ 337,018 /12,000 labour hours
= $28.08 per Direct labour hour
Activity rate for the Labor-Related activity cost pool= $28.08 per DLH
Explanation:
The computation is shown below::
The dividend yield = Annual dividend ÷ Market share price
where,
Market share price = $22 per share
Annual dividend = $0.88 per share
So, the dividend yield = ($0.88 per share ÷ $22 per share) × 100
= 4.0%
The capital gain rate is
= (Expected share price - initial price) ÷ (Initial price) × 100
= ($23.54 - $22) ÷ ($22) × 100
= $1.54 ÷ $22 × 100
= 7.0%
Now the total return is
=(Expected share price + expected dividend - initial price) ÷ (Initial price) × 100
= ($23.54 + $0.88 - $22) ÷ ($22) × 100
= $2.42 ÷ $22 × 100
= 11.0%