The reserve requirement when the federal reserve banks sell $40 million in government securities to commercial banks is $8 million.
<h3>How to calculate the reserve requirement?</h3>
From the information given, the the federal reserve banks sell $40 million in government securities to commercial banks and the reserve ratio is 20 percent.
Therefore, the reserve requirement will be:
= 20% × $40 million
= $8 million.
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<u>Calculation of Days Payable Outstanding:</u>
Days Payable Outstanding can be calculated using the following formula:
Days Payable Outstanding = (Accounts
Payable *365) / Cost of Goods Sold
= (8,773*365)/45,821
= 69.88
Hence, Days Payable Outstanding is 69.88 days. We can say that it takes on average<u> 69.88 </u>days to the company to pay off its suppliers during the year.
Answer:
Current stock price will be $14.50
So option (a) will be correct answer
Explanation:
We have given dividend paid 
Growth rate g = 6.5 %
Required return on market = 10.50 %
Risk free return = 4.50 %
So next dividend 
We have to find thcompany current stock price 
Required rate of return is given by
Required rate of return = Risk Free Return + 
= 4.5+1.25×(10.5-4.5) = 12 %
Now current stock price 
So option (a) will be correct option
Answer:
C. Buyer Persona
Explanation:
Buyer persona is defined as a semi- fictional representation of the IDEAL customer for a company or business based on research and real data about the company's or business existing customers.
The mapmaking company created a fiction "best" customers based on information gotten.
Companies and businesses uses buyer persona for market strategies. They also use it to help their sales team build a rapport with potential customers.
It is a research based profile that depicts a target customer.
