Banks offer higher interest rates on eurocurrency deposits than on deposits made in the home currency because eurocurrency deposits lack government regulations.
Banks in this situation since they aren't ran by government regulations are able to give interest rates how they feel necessary. They aren't in a typical binding agreement most are that say what they can and can't do, they are ran freely but that also brings on disadvantages as well. One of the main disadvantages is that the bank could fail because they have unregulated funds.
Answer:
the answer for this is going to be A
Answer:
$70.83
Explanation:
The Gordon Growth model (or the dividend discount model) provides a simple formula for calculating the intrinsic price of stocks:
price of stocks = dividend / (required rate of return - growth rate)
price of stocks = $4.25 / (13% - 7%) = $4.25 / 6% = $70.83
Answer:
You can prepare a bank reconciliation by starting with the balance as per the company's books, and undoing all entries that were entered in the books but are not yet reflecting in the bank statement, and then adjusting for all entries that are in the bank statement that were not recorded in the company's books as you would have entered them if given the chance to record them as shown below:
Explanation:
Balance as per cash account 2,450
add back outstanding checks 1,800
less deposit in transit (400)
add receipt from Wayne Brown 530
less service charge (30)
Add interest earned <u> 20 </u>
Balance as per Bank Statement <u> 4,370 </u>
Answer:
Those that will be required to file a California return are; Matty,
Strieby, Kennedy and Jackson .
Explanation:
Those that will be required to file a California return are; Matty, Strieby, Kennedy and Jackson. From the question we are informed that all of the entities involved are operating unitary Business, which is the same concept followed by California. And we know that
Unitary business can be regarded as group of persons which are related and having interdependent business activities/operations. So in this case, single California return will be filled by the entities involved.
