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lina2011 [118]
3 years ago
14

Define federal deposit insurance corporation.​

Business
1 answer:
aliya0001 [1]3 years ago
8 0
The federal deposit insurance corporation is an independent agency of the United States government that protects the funds depositors place in banks and savings associations. FDIC insurance covers all deposit accounts , including: checking accounts, savings accounts ,money market deposit accounts.
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Sean, a new graduate at a telecommunications firm, faces the following problem his first day at the firm: What is the average ra
Nataliya [291]

Answer:

The average return of the project is 15%

paybakc 6.67 years

Explanation:

Sean should divide the anual profit over the project cost ot get the average return

\frac{income}{investment} = $rate of return

30,000 / 200,000 = 0.15

0.15 = 15%

Sean may also want to know the payback period:

so we do investment / income:

200,000 / 30,000 = 6.67

The firm will recover the cost of 200,000 after 6.67 years

6 0
3 years ago
Citicorp buys a call option on Euro (contract size is Euro 2,000,000) at a premium of $0.02 per Euro. If the exercise price is $
larisa [96]

Answer: $20,000

Explanation:

To calculate Citicorp's profit or loss we can use the following formula,

The Citigroup's profit is computed as shown below:

= Exercise Price - Spot Price + Premium received

= $ 0.59 - $ 0.60+ $ 0.02

= $ 0.01 per euro is Citicorp's profit.

Total profit will therefore be:

= $ 0.01 x 2,000,000

= $ 20,000

$20,000 is Citicorp's profit on the call option.

If you need any clarification do react or comment.

5 0
3 years ago
Stephanie, a recent college graduate in computer programming, is interested in several positions with global companies because s
iogann1982 [59]

Answer: (E) Independence, resourcefulness, and entrepreneurship

Explanation:

  According to the given question, the Stephanie is the student and she recently done his graduation in the computer programming subject   a she is interested in the various types global companies profiles.

So, working in the different countries exhibiting the independence, entrepreneurship and also the resourcefulness skills that helps in managing the good position in an organization.

The above mentions skills helps in providing the effective managerial skills and also resourceful mindset is one of the type of ability that helps in providing the good visualizing for achieving the desirable goals in an organization.  

 Therefore, Option (E) is correct answer.

6 0
3 years ago
In 2018, due to a change in marketing forecasts, Barney Corporation reduced the projected life of its patent for producing round
MArishka [77]

Answer:

Barney's corporation retained earnings would be overstated by $13.65 million

Explanation:

First of all this cumulative amortization that is being putted on the patent represents the total amount of amortizations expense which is being charged against this intangible asset(patent in this case) over a period of its useful life.

Now because of the changes in marketing forecast , the Barney Corporation decided to reduce the useful life of the patent, earlier if the life would have not been reduced then the cumulative amortization expense on the patent would have been $21 million higher than it is now, which means Barney corporation now has to charge less expenses because now the projected life of patent has been reduced, that leads to the higher profits for the corporation because no the expenses are less. Now we will charge 35% of tax rate on this $21 million which is leading to overestimating the retained earnings of the corporation ,

barney's retained earnings =   $21 million - $21 million x 35%

                                             = $21 million -  $21 x 35/100

                                             = $21 million - $7.35

                                             = $13.65 million

8 0
4 years ago
A certificate of deposit offers a nominal interest rate of 3.5 percent annually.
Snezhnost [94]
I’m pretty sure the answer is c
4 0
3 years ago
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