Answer:
12.5
Explanation:
Money multiplier gives the maximum amount money supply can increase to given the reserve ratio
Money multiplier = 1 / r = 1 / 0.08 = 12.5
Answer:
A finance reporting accountant prepares periodic financial statements required for external reporting. They collect and analyze financial data, ensuring that all reporting complies with SEC and GAAP reporting regulations and guidelines. They also prepare internal reports as required.
Explanation:
Please mark Brainliest!
The basis of competition is freedom of choice exercised in the pursuit of money.
<h3>What is competition?</h3>
Competition is a scenario where different economic firms are in contention to obtain goods that are limited by varying the elements.
The purpose of competition is for businesses to try to outdo each other in order to earn more.
Also, competition enable businesses come up with newer ways to please their customers, hence come up with amazing innovative ideas and better products.
Hence, the basis of competition is freedom of choice exercised in the pursuit of money.
Learn more about economic competition here : brainly.com/question/967467
The correct answer is choice D.
The Stockholders’ Equity section of the balance sheet includes stock, paid-iin capital and retained earnings.
Answer: 9.2%
Explanation:
The interest rate that Rolling Coast should expect to issue new bonds will be calculated thus:
Firstly, we will calculate the previous risk premium on BBB bonds which will be:
= 11.5% - 8.7% = 2.8%
Then, the new risk premium on BBB bonds will be:
= Previous risk premium / 2
= 2.8% / 2
= 1.4%
Then, the interest rate that Rolling Coast should expect to issue new bonds will be:
= 7.8% + 1.4%
= 9.2%
