Answer:
the Digby Corporation's total liabilities is $156.92 million
Explanation:
The computation of the total liabilities is given below:
Total Liabilities is
= Total Asset - (Total Common Stock + Retained Earnings)
= $210.761 - ($6.350 + $47.491)
= $210.761 - $6.350 - $47.491
= $156.92 million
Hence, the Digby Corporation's total liabilities is $156.92 million
The same should be relevant
Answer:
False
Explanation:
Most interest rates in the economy are not set by federal reserve. For example, banks decide what interests to pay different kind of deposits and charge loans of different risks on their own (with consideration for competition and profitability).
What the Fed does is set important rates (discount rate and funds rate) that influence other interest rates in the economy.
Answer:
(B) Exercise Price:$50.00, Number of Underlying Shares per Contract of XYZ: 100
Explanation:
The declaration of the dividends will not affect the exercise price of the call, it will still be $50 per stock. Also, the number of stocks included in the call will not change because a cash dividend is declared, they will still be 100 stocks included in the call contract. The cash dividend affects the market price of the stock, but not the call or put options.
Answer:
it serves as a medium of exchange
Explanation:
<em>Money facilitates trades because it serves as a medium of exchange.</em>
<u>Trade generally involves the exchange of goods/services for another goods/services or money. The exchange of goods/services for another goods/services is termed trade by barter.</u>
Generally, all over the world, money is recognized as a medium of exchange. Each good/service can easily be evaluated in terms of money and the amount is exchanged during trading.
