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blagie [28]
3 years ago
8

When did banks of deposit first arise?

Business
1 answer:
Roman55 [17]3 years ago
3 0

Answer:

Around 2000BC

Explanation:

You might be interested in
Jaklyn loves her job, admires her boss, and believes in the goals and vision of the company she works for. She can't imagine loo
kati45 [8]

Answer:

C) a high level of organizational commitment.

Explanation:

Since Jacklyn loves her job, admires her boss, believes in goals and vision of company. Also, she can't imagine looking for or finding a better job. Jacklyn likely demonstrates a high level of organizational commitment.

Hence, she's not ready to bear the cost or difficulty associated with leaving or finding another job and thus desires to remain at her present company.

4 0
3 years ago
You are given the following information about a portfolio you are to manage. For the long term, you are bullish, but you think t
Ira Lisetskai [31]

Answer:

sell 1.714

Explanation:

The computation of the number of contract buy or sold to hedge the position is shown below:

As we know that

Number of contracts = Hedge Ratio    

Hedge Ratio = Change in Portfolio Value ÷ Profit on one future contract

where,

Change in the value of the portfolio is

For that we need to do following calculations

Expected Drop in Index is

= (1200 - 1400) ÷ 1400    

= -14.29%    

And, Expected Loss on the portfolio is

= Beta × Expected index drop

= 0.60 × (-14.29%)    

= -8.57%    

So, the change is

= 1000000 × (-8.57%)

= -$85,700  

And, the profit is

= 200 × 250 multiplier

= 50,000

So, the hedging position is

= -$85,700 ÷ 50,000      

= -1.714  

This reflects the selling position

3 0
3 years ago
l a fixed asset for $72,376 when its book value is $43,070. If your company's marginal tax rate is 25 percent, what will be the
tiny-mole [99]

Answer:

Cash flow= $64,847

Explanation:

Giving the following information:

Sellin price= $72,376

Tax rate= 25%

Book value= $43,070

<u>First, we need to calculate the gain from the sale and the tax:</u>

Gain= 72,376 - 43,070= $29,036

Tax= gain*tax rate

Tax= 29,036*0.25= $7,259

<u>Now, we can calculate the after-tax cash flow:</u>

<u></u>

Gain= 29,036

Tax= (7,259)

Book value= 43,070

Cash flow= $64,847

4 0
3 years ago
Ms. Finkel has suggested that if given sufficient resources, she could redesign the production process to reduce the percentage
liubo4ka [24]

Explanation:

To find the probability that the sample which fails to meet the required weight or the standard weight of the marshmallows having banana flavor if the process of production is working, such that probability for the weekly sample leads to shutdown of the production if the process of the production is running properly of  1 % of the probability that at least five boxes out of the twenty five sample fails to meet the standard weight which is less than one percent that is  $p(x \geq 5) \leq 0.01$

We know that for p = 0.8,   $p(x \geq 5) = 0.0452$

Now using binomial simulation, we can determine that $p(x \geq 5) \leq 0.01$ for  p = 0.0452

So the production process is to be redesigned for reducing the percentage of boxes of the Go Bananas of 16 ounces which failed to meet the required weight of the marshmallows having banana flavor if the production process is working properly to 5.42 percent.

8 0
3 years ago
What are some potential positive outcomes of filing for bankruptcy?
matrenka [14]

Answer:

An automatic stay against creditors. Once you file, the court automatically issues this stay against any and all debt collection activity.

Dischargeable debts.

Bankruptcy exemptions might allow you to maintain ownership of your property after bankruptcy.

Credit Score.

8 0
3 years ago
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