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3 years ago

Describe the functions of SARB

Business

2 answers:

zavuch27 [327]3 years ago

8 0

Answer:

The Reserve Bank's responsibilities include formulating and implementing monetary policy, promoting financial stability, issuing banknotes, providing banking services to government, operating the high-value payments system, managing Australia's foreign reserves and setting payments system policy.

Wittaler [7]3 years ago

5 0

Answer:

In pursuit of its mandate and purpose, the Bank performs the following key functions: formulating and implementing monetary policy; promoting financial stability; regulating and supervising the banking and insurance industry through the Prudential Authority; issuing banknotes and coins

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The controller of Fortnight Co. has requested a quick estimate of the manufacturing supplies needed for the Cleveland Plant for

Talja [164]

Answer:

Total cost= $752,060

Explanation:

To calculate the fixed and variable cost under the high-low method, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (853,560 - 723,060) / (540,000 - 450,000)

Variable cost per unit= $1.45

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 853,560 - (1.45*540,000)

Fixed costs= $70,560

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 723,060 - (1.45*450,000)

Fixed costs= $70,560

Now, the total cost for 470,000 units:

Total cost= 70,560 + 1.45*470,000

Total cost= $752,060

7 0

3 years ago

CDF Inc. is contemplating the acquisition of Pogo Company. The values of the two companies as separate entities are $20 million

S_A_V [24]

Answer: See explanation

Explanation:

a. What is the gain from merger?

This will be calculated by dividing the cost savings by the opportunity cost of capital. This will be:

= $500,000 / 10%

= $500,000 / 0.1

= $5,000,000

= $5 million

b. What is the cost of the cash offer?

This will be the difference between the cash cash paid and the value of the firm acquired which will be:

= $14 million - $10 million

= $4 million

c. What is the cost of the sock alternative?

First, we calculate the value of the merged company which will be:

= $20 million + $10 million + $5 million

= $35 million

Then, cost of stock alternative will be:

= (35 million x 55%) – $10 million

= ($35 million × 0.55) - $10 million

= $19.25 million - $10 million

= $9.25 million

d. What is the NPV of the acquisition under the cash offer?

This will be:

= $5 million - $4 million

= $1 million

e. What is the NPV under the stock offer?

This will be:

= $5 million - $9.25 million

= -$4.25 million

7 0

3 years ago

King's crown, a beverage company, launches a new energy drink. it sponsors a marathon in the city as part of its promotional str

kondaur [170]

The answer to this question is "PUBLICITY". Hence when King's crown, a beverage company launches a new energy drink, it sponsors a marathon in the city as part of its promotional strategy. Moreover, it issues a press release about the sponsorship and persuades the media reporters of different newspapers to print it. This King's crown is generating a PUBLICITY to get people's attention and to make their new energy drink known.

7 0

3 years ago

True or False & Why? “Every time price goes up, demand goes up and every time price falls, demand falls too, and so on ad in

deff fn [24]

Answer: ▶False◀

Explanation:▶ realistically when prices fall, demand goes up. This is because everyone would buy something that cost less, than something that is expensive. Now when prices go up, demand usually goes down. This is because the consumer wouldn't want to buy something from ( ex:) retailer 1, who's products are too expensive. Than retailer 2, who's prices are very reasonable. People wouldn't want to demand something that has a price going up and up.

//Give thanks(and or Brainliest) if helpful (≧▽≦)//

8 0

3 years ago

Stock Y has a beta of 1.10 and an expected return of 13.15 percent. Stock Z has a beta of .80 and an expected return of 6 percen

BARSIC [14]

Answer:

For Y = 7.31%

For Z = 1.25%

Explanation:

The computation of reward-to-risk ratios of Y and Z is shown below:-

Reward to Risk Ratio = (Expected Return of Security - Risk free Return) ÷ Beta of Security

Reward to Risk Ratio Y = (13.05% - 5%) ÷ 1.10

= 7.31%

Reward to Risk Ratio Z = (6% - 5%) ÷ 0.80

= 1.25%

hence, the same is to be considered

5 0

3 years ago

Describe the functions of SARB​

Describe the functions of SARB