In 1945, $10,000 bills were discontinued for public use by the Board of Governors of the Federal Reserve System. True False

1) The Pet Company has recently discovered a type of rock which, when crushed, is extremely absorbent. It is expected that the f

Olenka [21]

Answer:The Pet Company has recently discovered a type of rock which, when crushed, is extremely absorbent. It is expected that the firm will experience (beginning now) an unusually high growth rate (20%) during the period (3 years) when it has exclusive rights to the property where this rock can be found. However, beginning with the fourth year the firm's competition will have access to the material, and from that time on the firm will assume a normal growth rate of 8% annually. During the rapid growth period, the firm's dividend payout ratio will be relatively low (20%), to conserve funds for reinvestment. However, the decrease in growth will be accompanied by an increase in dividend payout to 50%. Last year's earnings were $2.00 per share (E0) and the firm's cost of equity is 10%. What should be the current price of the common stock?

Explanation:

5 0

3 years ago

Which (if any) of the following scenarios is the result of a natural monopoly? Instructions: You may select more than one answer

zheka24 [161]

Answer:

There is one train operator with service from Baltimore to Philadelphia

Explanation:

A natural monopoly occurs when there is high fixed or start-up costs of conducting a business in a specific industry meaning a sole producer provides the good efficiently.

3 0

3 years ago

1. For each case, determine the maximum quantity of money generated in the

Deffense [45]

Reserve requirement is 10% and excess reserves are $11 million is $122.2 million. Reserve requirement is 5% and excess reserves are $13 million is $273.6 million. Reserve requirement is 2 % and excess reserves are $7 million is $357 million.

What is money generated?

In the form of bank deposits, or the figures that show up in your account, banks produce the majority of the money that circulates in our economy.

(a) Excess reserve, the balance of the entire deposit remaining after the reserve requirement of 10% has been met. Therefore, $11 million represents 90% of the total deposit. 11+(11×10%) The entire amount of the deposit will be $12.22 million.

The money multiplier determines how much money is generated.

Money Multiplier = 1/10% of Reserve Ratio = 10

Therefore, Quantity of money generated= $12.22 million * 10 = $122.2 million.

(b) Excess reserve, the balance of the entire deposit remaining after the reserve requirement of 5% has been met. Since $13 million represents 95% of the total deposit,13+(13×5%) There will be a total deposit of $13.68 million.

The money multiplier determines how much money is generated.

Money Multiplier = 1/5 Reserve Ratio = 20

Therefore, Quantity of money generated=$13.68 million * 20 = $273.6 million.

(c) Excess reserve, the remaining balance of the total deposit after the reserve requirement of 2% has been subtracted. 98 percent of the total deposit is therefore $7 million. 17+(17×2%) Therefore, the overall deposit will be $7.14 million.

The money multiplier determines the amount of money that is produced.

Money Multiplier = 1 / Reserve Ratio = 0.5 % = 50

Therefore, Quantity of money generated=$7.14 million * 50 = $357 million

As a result, option (a) $122.2 million (b) $273.6 million (c) $357 million is an accurate answer.

Learn more about on money generated, here:

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7 0

1 year ago

Mr. Green purchased a property with the provision in the sale agreement that the seller would provide him with a warranty deed.

natima [27]

Answer:

specific performance

Explanation:

Specific performance in relation to confidential information is commonly used as a prohibition relief
Specific performance is the equivalent compensation in contract law, under which a party issues orders requiring a party to perform a specific action, which is the execution of the contract.
It is usually available for sale under the Land Act, but is generally not available if the damage is an appropriate option.
If the seller fails to sell or the property is handed over to the seller, the buyer receives a specific performance under the provisions of the Specific Relief Act, 1963.
A similar right is available under the seller. The contract requires specific performance from the buyer.

3 0

3 years ago

In August 2019, U.S. corn futures hit a three-month low after China said it would impose additional tariffs on U.S. grain produc

const2013 [10]

Answer:

Option C (The convenience.............downwards) is the correct choice.

Explanation:

Throughout this circumstance, the convenient yield would maintain the very same, although the curve amount or rate will change downwards since it is a transient trading strategy, but perhaps the effects will be negative and then it will proceed to something like a downward shift throughout the convenience curve.
The yielding of convenience might maintain the same because, but perhaps the curve degree may change downwards.

All other decisions are not linked to the circumstance issued. So, the alternative here is the right one.

7 0

2 years ago