In the given choices above, the potential benefit of
telecommunication is that it was able to provide a reduce employee turnover because
its task was able to provide a technology of which information exchange is made
easy and the employees are given benefits.
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Answer:
Theoretically, the bank should be immune to bank runs and financial crises. A narrow bank just receivers deposits and manages them. It does not borrow money, so the deposits should be safe and available when required by the customers. The problem with this type of banks is that the only way they can make a profit is by charging depositors a fee instead of paying interest rates.
Explanation:
Answer:
= 4.88 (Approximately)
Explanation:
The question is to determine the company's cash coverage ratio for the year
To calculate:
1. Calculate the Earnings Before Interest and Tax
= Earnings After tax x (1-tax)= Net income
Earning before tax = Net income/ (1-tax)
Earning before tax = = $9,929 / (1-0.24)
=$9,929 / 0.76
=13, 064.47368421
Earnings Before Interest and Tax
= 13, 064.47368421 + 4,716
= 17,780.47368421
2. Calculate the Cash Coverage ratio
Cash Coverage ratio = (Earning Before Interest and Tax + Depreciation)/ Interest
= 17,780.47368421+ $5181)/$4,716
= 22,961.47368421/4716
= 4.8688451
= 4.88 (Approximately)
The cash coverage ratio represents a measure of company's ability to meet its current obligations through cash and cash equivalents only.
What happens when the fed aims to change interest rates? It buys or sells government bonds on the open market to achieve the desired rate. The fed can change interest rates based on sales or purchase of government bonds. Interest rates are defined as the amount of money you can accrue while you have your money in an interest barring account. They can also represent money that is applied to the principle of a loan or credit card when financing an item.
Answer:
<u>Year 2016</u>
Payout ratio
= (Dividends Paid to Common Stockholders/ Net Income) * 100
= 655/730 * 100
= 89.7%
Return on Common Stockholder's Equity
= ((Net Income - Preferred Stock Dividend) / Average Common Stockholder's Equity) * 100
= ((730 - 40)/ 3,090) * 100
= 22.3%
<u>Year 2017</u>
Payout ratio
= (Dividends Paid to Common Stockholders/ Net Income) * 100
= 365/ 685 * 100
= 53.3%
Return on Common Stockholder's Equity
= ((Net Income - Preferred Stock Dividend) / Average Common Stockholder's Equity) * 100
= ((685 - 40)/ 3,015) * 100
= 21.4%
