Modern technological advanced economy

Assignment Help Financial Management
Reference no: EM131552420

“Saving is no longer necessary in a modern technological advanced economy, where modern financial institutions can create instant credit in the billions of dollars”. Please comment on this statement.

Reference no: EM131552420

Questions Cloud

Calculate the firm earnings before interest and taxes : Calculate the firm's earnings before interest and taxes (EBIT) for sales of 9,000 units. Calculate the firms' EBIT for sales of 7,000 and 11000 units.
Describe a simpler way to provide the same functionality : Using the kill command to kill processes is more complicated than it needs to be.
Foreign exchange forward markets : Foreign Exchange Forward markets are and the Foreign Exchange Future markets are .
Create a pipeline to count the number of daemons on system : Create a pipeline to count the number of daemons on your system. Then create a second pipeline to display a sorted list of all the daemons.
Modern technological advanced economy : Saving is no longer necessary in a modern technological advanced economy,
Difference between killing a process and stopping a process : What is the difference between killing a process and stopping a process? How do you kill a process? How do you stop a process?
Describe financial markets from loanable funds perspective : Describe financial markets from the loanable funds perspective as well as from the financial assets perspective.
Futures-forwards and options used by international firms : How and why are futures, forwards and options used by international firms?
How the processes are changing from moment to moment : You are a system administrator. One of your systems seems to be bogging down and your job is to fi gure out why.

Reviews

Write a Review

Financial Management Questions & Answers

  Considered highly compensated

Which of the following people is considered highly compensated for 2016?

  Outstanding bonds-what is the bonds price

Nungesser Corporation's outstanding bonds have a $1,000 par value, a 6% semi-annual coupon, 18 years to maturity, and an 7.5% YTM. What is the bond's price? Round your answer to the nearest cent.

  Valuing caps

Assume that the 6-month forward rate volatility is 18% and you see the following prices for 1-year and 18-month LIBOR-quality zero coupon bonds

  What is the pro forma net income

Fresno Salads has current sales of $6,000 and a profit margin of 6.5 percent. The firm estimates that sales will increase by 4 percent next year and that all costs will vary in direct relationship to sales. What is the pro forma net income?

  Ownership interest with bonuses to the existing partners

S. Pagan and T. Tabor share income on a 6 : 4 basis. They have capital balances of $120,000 and $70,000, respectively, when W. Wolford is admitted to the partnership. Prepare the journal entry to record the admission of W. Wolford under each of the f..

  Capm and portfolio return

You have been managing a $5 million portfolio that has a beta of 1.95 and a required rate of return of 12%.

  Residual distribution model

Plucky Products is planning for $3.3 million in capital expenditures next year. Plucky's target capital structure consists of 35% debt and 65% equity. If net income next year is $2.4 million and Plucky follows a residual distribution policy with all ..

  Apply accounting equation and evaluate business operations

Apply the accounting equation; evaluate business operations.- City Car Wash, Inc., has current assets of $180 million; property, plant, and equipment of $300 million;

  Break-even ebit

Break-even EBIT?-Find the? break-even EBIT for Alpha Company using EPS if there are no corporate taxes.

  Non value-maximizing motives for mergers

Please explain how agency problems may lead to non value-maximizing motives for mergers. Discuss the various academic theories offered as the rationale for motives induced by the agency problem.

  Real estate developer purchased a piece of property

A real estate developer purchased a piece of property at the end of December 2005 for $250,000. The developer sold it at the end of a few years later for $860,000 and was pleased to see that the annual rate of return was 16.7%. When was the property ..

  Business trip to europe and want to convert to euros

You plan to take a business trip to Europe and want to convert $2,000 to Euros. The U.S. bank quote for the Euro is $1.3853-1.3888, meaning the bank will buy Euros at $1.3853 and sell Euros at $1.3888. Calculate the amount of Euros you will receive f..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd