Which of the following statements is CORRECT? a. As a rule, the optimal capital structure is found by determining the debt-equity mix that maximizes expected EPS. b. The optimal capital structure minimizes the cost of equity, which is a necessary condition for maximizing the stock price. c. The optimal capital structure simultaneously maximizes EPS and minimizes the WACC. d. The optimal capital structure simultaneously minimizes the cost of debt, the cost of equity, and the WACC. e. The optimal capital structure simultaneously maximizes stock price and minimizes the WACC.
Answers
Answer:
e. The optimal capital structure simultaneously maximizes stock price and minimizes the WACC.
Explanation:
The optimal capital structure involves the combination of both debt and equity where debt is a type of loan which is needed to pay back in some years while the equity represents the ownership of the shareholder in the organization
So here the optimal capital structure represents the maximum stock price that minimizes the weighted average cost of capital
hence, the correct option is d.
Related Questions
Straight Industries purchased a large piece of equipment on January 1, 2016. Straight Industries signed a note, agreeing to pay $400,000 for the equipment on December 31, 2018. The market rate of interest for similar notes was 8%. The present value of $400,000 discounted at 8% for three years was $317,520. On January 1, 2016, Straight Industries recorded the purchase with a debit to equipment for $317,520 and a credit to notes payable for $317,520. Assuming no adjusting entries have been made during the year, the interest expense accrued at December 31, 2016 is closest to:
Answers
Answer:
$25,402
Explanation:
Calculation for the amount of interest accrued at December 31, 2016
Using this formula
Interest expense accrued= 2016 Beginning Note payable liability*Interest rate
Let plug in the formula
Interest expense accrued =$317,520*8%
Interest expense accrued =$25,402
Therefore the interest expense accrued at December 31, 2016 is closest to $25,402
Entrepreneurs generally think differently about resources than do employee-managers in which of the following ways?
Answers
Managers want larger budgets; entrepreneurs work to do more with less.
How do entrepreneurs approach resources differently from employee-managers?Entrepreneurs have a distinct mindset when it comes to resources compared to employee-managers. While managers often seek larger budgets to accomplish their goals, entrepreneurs tend to focus on doing more with less.
This difference in perspective stems from the inherent nature of entrepreneurship which involves taking calculated risks and maximizing efficiency in resource allocation.
Entrepreneurs understand that resources, such as capital, time, and manpower, are limited and valuable. They recognize that acquiring substantial budgets may not always be feasible, especially in the early stages of a venture.
Read more about Entrepreneurs
brainly.com/question/29733441
#SPJ1
The best way to start a statement on your résumé is with _____.
a.
“I” or “My”
b.
a noun
c.
an active verb
d.
an adjective
Answers
The best way to start a statement on your résumé is with: C. an active verb.
What is a résumé?A résumé is also referred to as curriculum vitae and it can be defined as a short document that is written to briefly outline the qualifications, abilities, experience, and accomplishments of an individual such as a job applicant, haven completed and obtained an academic certificate.
What is a verb?A verb is one of the parts of speech in English language and it can be defined as a word which is used to describe an occurrence, action, experience, or a state of existence such as, speak, sitting, talking, etc.
In conclusion, an active verb such as speak, should be used to start a statement on your résumé.
Read more on resume here: https://brainly.com/question/25707468
#SPJ1
On the first day of every month, Raina sits down at her computer, builds a spreadsheet, and allocates all of her income towards expenses or saving. There’s no dollar that is unaccounted for in her budget. Which strategy is Raina using?
A) Cash envelope system
B) 50/30/20 budgeting
C) Zero Based Budgeting
D) Expense Management
Answers
Answer:
I think it is Option:D) EXPENSE MANAGEMENT
Explanation:
BECAUSE ALMOST SHOWS THE MANAGEMENT OF ALL THE SAVINGS OR EXPENSES FROM OUR INCOME. SO, I FEEL THIS PROCESS IS CALLED EXPENSE MANAGEMENT.
Deregulation of world financial markets
(I) provided a natural environment for financial innovations, like currency futures and options.
(II) has promoted competition among market participants.
(III) has encouraged developing countries such as Chile, Mexico, and Korea to liberalize by allowing foreigners to directly invest in their financial markets
Group of answer choices
O Only (II)
O (I), (II), (III)
O Only (I)
Answers
Deregulation of world financial markets provided a natural environment for financial innovations, like currency futures and options, has promoted competition among market participants and has encouraged developing countries such as Chile, Mexico, and Korea.
The deregulation of financial markets has allowed for more financial innovation, including the development of currency futures and options, which can help investors manage their risks and hedge against currency fluctuations. This has provided a natural environment for the development of new financial products.
Deregulation has promoted competition among market participants by removing barriers to entry and allowing more market players to compete on a level playing field. This has led to greater efficiency and lower costs for investors.
Deregulation has encouraged developing asset countries to liberalize by allowing foreigners to directly invest in their financial markets. This has enabled these countries to attract more foreign investment and gain access to international capital markets, which can help finance their economic growth.
learn more about asset here
https://brainly.com/question/17252703
#SPJ4
100 pts
The table identifies how many thousands of units of corn and diamonds the United States and Congo can produce in one week. Use this data to answer the question that follows.
Corn
Diamonds
United States
60
10
Congo
20
5
Which statement is true based on the data table?
The United States should specialize in diamonds and trade for corn.
The United States should specialize in corn and trade for diamonds.
Congo should specialize in corn and trade for diamonds.
Congo should specialize in both corn and in diamonds.
Answers
Answer:
In view of the units of corn and precious stones delivered by the US, the open-door cost of creating corn is B. 10⁄60.
What is the open-door cost of delivering corn?
The open-door cost of delivering corn to the US would be the number of precious stones that are surrendered to make one unit of corn.
This can be found as:
= Units of jewels/Units of corn
= 10/60 jewels
All in all, choice B is right.
Answer:
B) The United States should specialize in corn and trade for diamonds.
Explanation:
I got it right on the test
A 4-year project has an annual operating cash flow of $42,000. At the beginning of the project, $6,000 in net working capital was required, which will be recovered at the end of the project. The firm also spent $21,900 on equipment to start the project. This equipment will have a book value of $5,460 at the end of the project, but can be sold for $6,920. The tax rate is 21 percent. What is the Year 4 cash flow?
Answers
Answer:
Total cash flow $54,613
Explanation:
The computation of the year 4 cash flow is given below:
Selling price of equipment $6,920
Book value at year 4 end $5,460
Capital gain $1,460
Tax on capital gain at 21% $306.6
So, net cash flow from the sale of equipment
= $6,920 - $307
= $6,613
Now year 4 cash flow is
Annual operating cash flow $42,000
Release of working capital $6,000
Net cash flow form sale of equipment $6,613
Total cash flow $54,613
Dean brings up the ambiguity branch managers at First National Bank face. He believes senior leadership needs to make it clear what managers’ most importanDean brings up the ambiguity branch managers at First National Bank face. He believes senior leadership needs to make it clear what managers’ most important priorities are. This thinking most closely resembles which of the following four-frame model principles?
.
Social architecture
b.
DEVELOP AGENDA AND POWER BASE
c.
INSPIRATION
d.
ALIGN ORGANIZATIONAL AND HUMAN NEEDS
e.
TECHNOLOGY
Answers
Dean's thinking, in bringing up the ambiguity facing branch managers at First National Bank, most closely resembles option d. ALIGN ORGANIZATIONAL ...
Ordinarily, the four-frame model mandates that the senior leadership of First National Bank must ensure that their branch managers' behavior and actions do not sabotage management strategic plans and business models.
This feature of the Human Resources framework ensures that organizational goals are aligned with human needs for the achievement of company objectives.Branch managers perform important customer-facing roles that drive corporate performance. They are also in direct contact with many employees.
Thus, the alignment of organizational and human needs will help clear the ambiguity faced by the managers at First National Bank branches.
Learn more about the four-frame model at https://brainly.com/question/14697926 and brainly.com/question/14470950
Mark and his team are working on a project that is due for delivery in the next few days. The team is using project management tools to implem set of new client requirements. Which activity are Mark and his team performing?
Answers
A project manager guides a two-way conversation that helps the parties understand one another. The project manager's facilitating role is communication.
What credentials are required for the position of project manager?At least three years of experience in a comparable capacity, communication skills, formal training, as well as a PMP certification are typically needed. A professional association, an university and college, or an online learning program with a narrow concentration are all options for obtaining certification.
What type of MBA is needed for a project manager?Graduates of an MBA in project management will have the knowledge and expertise necessary to land advanced managerial positions. Accounting, economics, human resources, long term planning, and operational aspects of businesses are among topics covered in an MBA program.
To know more about project manager's visit:
https://brainly.com/question/15404120
#SPJ1
A contract for the sale of a business is not subject to UCC.
True or false?
Answers
Uniform Commercial Code (UCC) are known to be rules governing business transactions. A contract for the sale of a business is not subject to UCC is a false statement.
The UCC are regarded as set of rules that is often applied to many types of commercial contracts. They include contracts related to the sale of goods, leasing of goods, use of negotiable instruments etc.The Uniform Commercial Code (UCC) is known to have a lot of different set of laws that helps in governing all commercial transactions in the United States.
They are not federal law, but are said to be uniformly adopted state law. It is regarded as the framework of American commerce.
Learn more about Uniform Commercial Code (UCC) from
https://brainly.com/question/15980446
What are the components of hire purchase contracts
Answers
Answer:
Explanation:
Hire purchase contracts are a type of agreement where a buyer purchases a product or item through installment payments. The components of hire purchase contracts typically include:
Buyer: The individual or organization purchasing the item through the hire purchase contract.
Seller: The person or company that owns the item and is selling it through the hire purchase contract.
Down payment: The initial payment made by the buyer at the beginning of the contract, typically a percentage of the total purchase price.
Installment payments: The regular payments made by the buyer to the seller to pay off the total purchase price of the item.
Interest rate: The rate charged by the seller on the outstanding balance of the purchase price. This is typically higher than the interest rate charged on a conventional loan.
Term: The length of time over which the buyer will make installment payments. The term can vary depending on the agreement between the buyer and the seller.
Ownership: The ownership of the item remains with the seller until the buyer completes all the installment payments.
Default: The consequences of defaulting on payments, including the seller's right to repossess the item if payments are not made.
Termination: The conditions under which the contract can be terminated, such as if the buyer pays off the entire purchase price early or if the seller breaches the contract.
Overall, hire purchase contracts are a way for buyers to purchase items they may not be able to afford upfront, while allowing sellers to earn a profit by charging interest on the outstanding balance. It is important for both parties to carefully review and understand the terms of the contract before agreeing to it.
if china has china business is china china or just china
who will wim trump or bid en³³³³³³³³³³³³³³³³³³³³³³³³∉∉∉∉∉∉∉∉∉∉∉
Answers
Answer:bid
Explanation:
Answer:
biden is a china puppet aka he is being controlled by china
Explanation:
What is the Internal Revenue Code?
A.) a collection of tax laws, their interpretations, and federal tax rulings
B.) a list of tax brackets and the percentages each person must pay
C.) a book used solely by tax accountants to help people complete their filings
D.) a passcode that citizens must have to file their taxes online
Answers
Internal Revenue Code is collection of tax laws, their interpretations, and federal tax rulings.
Option A is the correct answer
What is internal revenue code?The Internal Revenue Code are set of laws and rules created to guide tax related matters
It was created by revenue service for the public on tax payment.
Therefore, Internal Revenue Code is the collection of tax laws, their interpretations, and federal tax rulings
Learn more on tax below
https://brainly.com/question/26316390
#SPJ9
Discuss the challenge created for financial accountants by the presence of uncertainty.
Answers
Uncertainty creates challenges for financial accountants in accurately measuring, reporting, and disclosing financial information.
The presence of uncertainty poses significant challenges for financial accountants. Uncertainty refers to the lack of predictability or reliability in future events or outcomes, which makes it difficult to accurately measure and report financial information. Here are some key challenges created by uncertainty:
Measurement and valuation: Uncertainty makes it challenging to determine the appropriate measurement and valuation of assets, liabilities, revenues, and expenses.
Financial accountants must make estimates and judgments based on available information, assumptions, and professional judgment. However, the accuracy of these estimates may be compromised by the inherent uncertainty.
Financial statement presentation: Uncertainty affects the presentation of financial statements. Accountants must disclose the nature and extent of significant uncertainties that could impact the company's financial position and performance. However, determining which uncertainties are material and require disclosure can be subjective and complex.
Risk assessment: Uncertainty introduces risk into financial reporting. Accountants need to assess and manage risks associated with uncertain events, such as changes in market conditions, legal disputes, or environmental factors. They must consider the potential impact of these risks on financial statements and disclose them appropriately.
Forecasting and decision-making: Uncertainty makes forecasting and decision-making challenging for financial accountants. They need to analyze financial data and projections while considering the potential impacts of uncertain factors.
This requires them to use sophisticated models, scenario analysis, and sensitivity analysis to assess the range of possible outcomes.
Regulatory compliance: Financial accountants must comply with accounting standards and regulatory requirements. Uncertainty adds complexity to compliance efforts, as new and evolving regulations may require additional disclosures or adjustments to financial statements to reflect uncertain events or future obligations.
For more such question on accountants. visit :
https://brainly.com/question/26690519
#SPJ8
It is a real problem for us’, said Angnyeta Larson, ‘We now have only ten working days between all the expense claims coming from the departmental coordinators and authorizing payments on the next month’s payroll. This really is not long enough and we are already having problems during peak times.’ Angnyeta was the department head of the internal financial control d department of a metropolitan authority in southern Sweden. Part of her department’s responsibilities included checking and processing expense claims from staff throughout the
Metropolitan authority and authorizing payment to the salaries payroll section. She had 12 staff
Who were trained to check expense claims and all of them were devoted full-time to processing the claims in the two weeks (10 working days) prior to the deadline for informing the salaries
section. The number of claims submitted over the year averaged around 3,200, but this could
vary between 1,000 during the quiet summer months up to 4,300 in peak months. Processing
claims involved checking receipts, checking that claims met with the strict financial allowances
for different types of expenditure, checking all calculations, obtaining more data from the
claimant if necessary and (eventually) sending an approval notification to salaries. The total
processing time took on average 20 minutes per claim.
(a) How many staff does the process need on average, for the lowest demand, and for the
highest demand?
(b) If a more automated process involving electronic submission of claims could reduce the
average processing time to 15 minutes, what effect would this have on the required
staffing levels?
(c) If department coordinators could be persuaded to submit their batched claims earlier (not always possible for all departments) so that the average time between submission of the claims to the finance department and the deadline for informing salaries section was increased to 15 working days, what effect would this have?
Answers
The number of staffs that the process need on average, for the demand will be zero since the twelve staffs are well trained already.
What is demand?Demand simply means the number of goods as services that an individual is willing to purchase at a price and given time.
Here, the number of staffs that the process need on average, for the demand will be zero since the twelve staffs are well trained already.
When a more automated process involving electronic submission of claims could reduce the average processing time to 15 minutes, the effect is that the profitability of the company will increase as there is more output due to reduced time.
When the department coordinators could be persuaded to submit their batched claims earlier, this will minimize the mistakes made by the finance department as there is more time to work effectively.
Learn more about demand on:
https://brainly.com/question/1245771
#SPJ1
EXERCE1 Diffrentiate the legelities of private law and public law.
Answers
The main difference between the two is that private law deals with the relationships between individuals, while public law deals with the relationship between individuals and the state.
Private law covers matters such as contracts, property rights, and torts. It provides a framework for individuals to conduct their personal and business affairs, ensuring that everyone is held accountable for their actions. Private law is enforced through the civil courts, where individuals can seek redress for any wrongs that have been committed against them.
Public law, on the other hand, deals with matters that affect society as a whole. It includes constitutional law, administrative law, and criminal law.
Public law sets out the rules and regulations that govern the relationship between individuals and the state, as well as the relationship between different branches of government. It is enforced through the criminal justice system, where individuals can be prosecuted for breaking the law.
In summary, the main difference between private law and public law is that private law governs the relationship between individuals, while public law governs the relationship between individuals and the state. Both are essential for maintaining order and ensuring that everyone is held accountable for their actions.
For more such questions on private law visit;
https://brainly.com/question/8858425
#SPJ11
Personal Impact Improvement Plan. Think about the tips for how to live an environmentally friendly life and set goals for your own improvement. Be specific and realistic for your life.
Answers
A Personal Impact Improvement Plan is a means of making small lifestyle changes to reduce one's impact on the environment. It is a series of simple lifestyle changes that can make a huge difference. An environmentally friendly lifestyle is beneficial for the environment, our health, and the economy.
Following are some tips for living an environmentally friendly life: Reducing water usage: Water is an essential natural resource. Conserving water saves money and energy while protecting the environment. This can be achieved by reducing shower times, using a low-flow showerhead, and fixing leaky taps. Reducing energy usage: The use of energy affects the environment, both locally and globally.
By conserving energy, we can save on our energy bills and reduce pollution. This can be achieved by using energy-efficient lighting, unplugging electronics when not in use, and reducing heating and cooling requirements.
Reducing plastic usage: Plastic waste is a significant problem for the environment. It takes a long time to decompose, and it is not biodegradable. This can be achieved by using reusable bags, bottles, and straws.
Reducing carbon emissions: Carbon dioxide is a greenhouse gas that contributes to climate change. This can be achieved by walking, cycling, or taking public transport instead of driving and reducing air travel.
Setting goals for your own improvement is essential. Specific, realistic, and achievable goals can be set to make lifestyle changes more manageable.
The goals should be tailored to the individual and their circumstances. For example, a person can aim to reduce their energy consumption by 10% by using energy-efficient lighting and unplugging electronics when not in use.
Another person can aim to reduce their water usage by fixing leaky taps and reducing shower times. It is important to remember that small changes can make a big difference, and everyone can do their part to help the environment.
For more such questions on environmentally friendly
https://brainly.com/question/19299073
#SPJ8
Prompt: In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
PLEASE ANSWER ASAP. I am writing my essay about Rihanna. If anyone could help me, I would appreciate it. Due in 1 week.
Answers
A free enterprise system was necessary because it allows people to do what they do best while trading for the rest, of free enterprise, works. Competition is a driving force behind the free enterprise, resulting in increased efficiency and lower consumer prices.
What is the advantage of free enterprises?The benefits of the US Free Enterprise System to producers and consumers include the freedom to own private property, producers producing at their own profit, consumers and producers having control over themselves, increased efficiency, and adequate use of available resources.
A free enterprise system allows individuals to make their own economic decisions without being constrained by the government. It enables consumer supply and demand to determine the success or failure of an economic venture.
Learn more about free enterprises here:
https://brainly.com/question/628147
#SPJ1
I am better at my job than most of the other people who have the same job title agree or disagree
Answers
Disagreed. You cannot say that you are better at your job than others who have the same job title.
How to answer questionnaire questions?While providing the answer to a questionnaire, it is very important that a person would try to be as truthful as possible.
The reason they have to be truthful is so that they would be able to give the best answer that would be useful for the research.
In a question like this, I used disagreed because it is not possible that you have met all of the persons that have the same job description as you do.
Read more on questionnaire here: https://brainly.com/question/25257437
#SPJ1
On January 1, 2024, Rupar Retailers purchased $120,000 of Anand Company bonds at a discount of $6,000. The Anand bonds pay 7% interest but were purchased
when the market interest rate was 8% for bonds of similar risk and maturity. The bonds pay interest semiannually on June 30 and December 31 of each year. Rupar
accounts for the bonds as a held-to-maturity investment, and uses the effective interest method. In Rupar's December 31, 2024, journal entry to record the second
period of interest, Rupar would record a credit to interest revenue of:
Multiple Choice
$4,200
$4,560
$4,800
$4,574
Answers
The annual interest expense needs to be calculated next. Since the bonds were bought at a time when the market interest rate was 8%, the actual interest rate is higher. The bonds pay 7% interest, which would be $8,400 ($120,000 x 7%).
Determine the present value of the bond's semi-annual interest payments using the present value formula for an annuity:PV is equal to PMT times [(1 - 1/(1 + r)n)/r]
where n is the number of periods, r is the market interest rate per period, PMT is the semiannual interest payment, and PV is the present value.
Since the bond pays interest at a rate of 7% annually or 3.5% semiannually in this instance, PMT = 0.07 x $120,000 / 2 = $4,200, r = 8% / 2 = 4%, and n = 20 (since there are 20 semiannual intervals between January 1, 2024, and the bond's maturity date).
The carrying value of the bond at December 31, 2024, must be determined before the interest revenue can be calculated using the effective interest method.
Although the bond has a $120,000 face value, its initial carrying value was $114,000 because it was acquired at a $6,000 discount.
The annual interest expense needs to be calculated next. Since the bonds were bought at a time when the market interest rate was 8%, the actual interest rate is higher. The bonds pay 7% interest, which would be $8,400 ($120,000 x 7%).
To know more about Bonds Visit:
brainly.com/question/14013974
#SPJ1
NEED HELP ASAP
In the circular flow diagram with government, what does the government provide directly to firms?
A. expenditures
B. factors of production
C. taxes
D. goods and services
Answers
In the circular flow diagram, the government provides goods and services directly to firms. The correct option is D.
In the circular flow diagram, the government provides goods and services directly to firms. This is represented by the flow of resources from the government sector to the business sector.
The government plays a significant role in the economy by providing public goods and services that are necessary for the functioning of the society as a whole.
Public goods include infrastructure projects like roads, bridges, and public utilities, as well as services such as defense, law enforcement, and education.
These goods and services are not typically provided by private firms, so the government steps in to ensure their provision.
By supplying goods and services directly to firms, the government facilitates the production process and supports the overall functioning of the economy.
This enables businesses to operate efficiently and effectively, contributing to economic growth and development.
For more such questions on circular flow diagram
https://brainly.com/question/27515451
#SPJ8
Yum Foods recently merged with Clean Plates. Which of the following activities should HR perform after the integration process?
A) It should assess the risks involved with the merger.
B) It should retain key talent.
C) It should identify and establish a new culture.
D) It should conduct due diligence.
Answers
The HR should identify and establish a new culture after the integration process.
Merging of business establishments or companies mean the coming together or acquiring of one company by another. In short, it is when two or multiple companies join to form a single business.
In the given scenario, Yum Foods and Clean Plates are two business enterprises that have their separate ideas and policies. But when they merge, that means such individualistic ideas and concepts can no longer be retained or followed. To accommodate the two businesses, the HR team must find new ideas and policies that can work for the newly merged business.When two or more companies join to form a single company, it is always necessary to make new changes in the concepts and work culture. This is also what HR should do in the merger of Yum Foods and Clean Plates. Thus, the correct answer is option C.
Learn more about merger here:
brainly.com/question/4192836
The Reverend Petros receives an annual salary of 51,000 as full-time minister this includes 5000 designated as a rental allowance River and Pedro is not exempt from employment tax how much must he include figuring that income for self-employed tax
Answers
If the Reverend Petros receives an annual salary of 51,000 as full-time minister that includes 5000 designated as a rental allowance. The amount that must be include figuring that income for self-employed tax is : $51,000.
What is annual salary?Annual salary can be defined as the amount a person earn as salary per year.
On the other hand self employed tax can be defined as the tax a person that is solely working for his/her self without working for any other person remit to the government.
Therefore the amount that must be include figuring that income for self-employed tax is the amount of $51,000.
Learn more about annual salary here:https://brainly.com/question/29045555
#SPJ1
Calcula el interés simple de un capital de $24,000 invertido durante 5 años al 8% anual
Answers
Answer:
End Balance: $33,600.00
Total Interest: $9,600.00
Explanation:
Calculation steps:
Total Interest = $24000 × 8% × 5
= $9,600.00
End Balance = $24000 + $9,600.00
= $33,600.00
A financial plan is mostly influenced by retirement income work life balance priorities and goals race and gender
Answers
A financial plan is mostly influenced by priorities and goals. Hence, Option C is correct.
What is a financial plan?A plan, which is a kind of evaluation of an individual's current pay and future financial state. Evaluation, which is done by using current and future financial variables, is called financial plan.
And a financial plan is an estimation of the required capital. Prioritizing financial goals is also important when doing financial planning. It will help in aligning goals with plans.
Thus, a financial plan is mostly influenced by priorities and goals. Hence, Option C is correct.
Learn more about financial plan from here:
https://brainly.com/question/21780268
#SPJ1
The board of directors of Herbalife Nutrition approved a 2-for-1 stock split. After the split, how many shares of Herbalife stock will an investor have if he owned 1,020 shares before the split
Answers
If the board of directors of Herbalife Nutrition approved a 2-for-1 stock split. After the split, the number of shares of Herbalife stock will an investor have if he owned 1,020 shares before the split is:2,040 shares.
Using this formula to find the number of shares
Number of shares before the split = Number of shares owned × Stock split
Let plug in the formula
Number of shares before the split = 1,020 shares × 2/1
Number of shares before the split = 2,040 shares
Therefore we can conclude that the number of shares before the split is 2,040 shares.
Learn more about number of shares here:https://brainly.com/question/28539863
#SPJ1
membe is trying to get his financial records organized. He has several monthly credit card statements. Where is the MOST logical place for Namembe to store these records?
A. a paid storage facility
B. a home file
C. a computer file
D. a safe deposit box
Answers
The most logical place to store financial records is a computer file.
Each provided solution is useful to store one's records and personal data but there are merits and demerits to them.
Such as, a home file is a place to store data and it is easily accessible. However, it would be difficult to organize data at a home file and would also be time-consuming. Moreover, only limited data can be kept stored, as over time more space would be required so old data would be discarded.
In the case of a safe deposit box, which is also a secure place to store, the main issue is that it would be costly in comparison to the other options.
The computer file is easy to maintain and financial records can be kept well organized without the need to delete old data, as it hardly consumes any storage. And it would be less costly in comparison to the safe deposit box.
Learn more on: https://brainly.com/question/11505007
Answer:
B. a home file
Explanation:
I took the quiz and this was the correct answer.
Three years ago, Cornelius Matthews purchased 500 shares in the Vanguard Dividend Growth fund - a Morningstar five-star fund that invests in corporations that are currently paying dividends and is a fund that will provide a steady stream of dividend income. His rationale fort choosing this fund was that he wanted a fund that was conservative and highly rated. Each share in the fund cost $22. At the end of the three years, he received income dividends and capital gain distributions that total $3.62 a share for the three-year period. At the end of the three years, the shares in the fund were selling for $27.
How much did Mr. Matthews invest in this fund?
A$11,000
B$13,500
C$5.14
D$3.62
Answers
Mr. Matthews' investment in the Vanguard Dividend Growth fund was (A) $11,000
To determine how much Mr. Matthews invested in the Vanguard Dividend Growth fund, we need to calculate the cost of the initial investment of 500 shares at $22 per share:
500 shares x $22 per share = $11,000
Therefore, Mr. Matthews invested $11,000 in the fund.
We are also told that Mr. Matthews received income dividends and capital gain distributions that total $3.62 per share for the three-year period. To determine the total amount of dividends and distributions received, we can multiply $3.62 per share by 500 shares and by 3 years:
$3.62 per share x 500 shares x 3 years = $5,430
Therefore, Mr. Matthews received $5,430 in income dividends and capital gain distributions over the three-year period.
Finally, we are told that the shares in the fund were selling for $27 at the end of the three years. To determine the value of Mr. Matthews' investment at the end of the three years, we can multiply the current share price by the number of shares he owns:
500 shares x $27 per share = $13,500
Therefore, Mr. Matthews' investment in the Vanguard Dividend Growth fund was $11,000, and the value of his investment at the end of the three years was $13,500.
For more such question on investment
https://brainly.com/question/1305349
#SPJ11
With total reserves of $50,000 and a required
reserve ratio of 10 percent, potential
deposit creation for the banking
system is equal to :
O $20,000
O $50,000
O $80,000
O $300,000
Answers
With total reserves of $50,000 and a required reserve ratio of 10 percent, potential deposit creation for the banking system is equal to $300,000. The correct option is d.
It required reserves = transaction deposits * required reserve ratio
=200000*0.1=20000
Excess reserves =total reserves -required reserves =50000-20000
=30000
Money multiplier =1/required reserve ratio =1/0.1=10
Potential deposit creation =excess reserves * multiplier =30000*10=300000
It is $300,000.
The reserve ratio is the percentage of reservable liabilities the advertisement banks must keep rather than lend or invest. This is a requirement set by the country's central bank, which is the Federal Reserve in the United States. It is also referred to as the cash reserve ratio. The reserve requirement is the minimum amount of reserves which a bank must hold, and it is sometimes used interchangeably with the reserve ratio.
Learn more about reserve ratio, here:
https://brainly.com/question/32654211
#SPJ1
“Automation is bad for the economy because machines will eventually replace almost all human workers, creating high unemployment and poverty.” Do you agree or disagree? Explain your answer.
Answers
I agree that "automation is bad for the economy because machines will eventually replace almost all human workers, creating high unemployment and poverty". This is because with automation, most jobs will be done by machines and robots. This will leave a large percent of human workers jobless.
What is Automation?Automation may result in job losses and wage reductions. Be aware that those who can operate machines are thought to be more productive than those who cannot.
Keep in mind that automation tends to reduce both the costs and prices of goods and services, making consumers feel richer while also causing certain human skills to be lost.
Accordingly, the following abilities will be lost as automation is implemented:
A. Communication Skills.
B. Social Skills.
C. Critical Thinking
D. the application of imagination and reflection.
Learn more about automation here: https://brainly.com/question/28530316
#SPJ1