Endibank Merchant Banking Services Limited was incorporated in the 1989 as a subsidiary of South African Bank. The bank is engaged in Merchant Banking, Advisory Services, Stock Broking, Depository Participant Activities, Distribution of Mutual Fund and other Investment Products and online Trading. The bank is registered with Securities Exchange Board of Zambia undertaking the following assignments: Under various capacities like Lead Manager, Co-Manager, Advisor, Arranger etc. for public issues, rights issues and private placement. For acquisition of shares & takeovers under SEC. For Employee stock option scheme/Stock Purchase Scheme by Corporates under the SEC, Guidelines.
Answers
In 1973, the State Bank of India became the first commercial bank in India to establish a distinct Merchant Banking Division. In 1974, ICICI followed suit. Based on the operations that they are allowed to carry out, merchant bankers may be divided into four groups.
In 1967, commercial banking services were launched by the Grindlays Bank. The National Grindlays Bank received a licence from the Reserve Bank of India (RBI) in 1967 to provide issue management services. A merchant banker is not allowed to make any claims—verbal or written—that would misrepresent the services they can provide for clients or that they have already provided for clients.
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Related Questions
Address the meaning of investment in the context of economic theory, and its relationship to development, explaining the factors that lead to increased investment. Discuss Is investment more important or consumption? Why should such a trade-off be made between consumption and investment? Discuss what is the possible relationship between investment, marginal propensity to consume and marginal propensity to save, as well as the relationship of investment to both the average propensity to consume and the average propensity to save? (In other words, does investment tend to change, increasing or decreasing in the same direction as the marginal or average propensity to consume or save, both or one of them). Is this relationship stable or does it contain a contradiction that could lead to a reversal of its direction.
Answers
Growth in investment and the economy. Investment increases the capital stock, and the amount of capital that is accessible to an economy is a key factor in determining its productivity. Investment supports economic expansion in this way.
According to investment theory, an investment is a change to the capital stock made over a defined time period. Investment in this context does not refer to a stock like capital, but to a flow. This suggests that whereas investments are calculated over a long period of time, capital is calculated during a short period of time.
Keynesian economic growth theory is represented by the Harrod-Domar model. In development economics, the growth rate of an economy is explained in terms of capital stock and saving behavior. It implies that there is not a natural explanation.
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Can anyone help plzz?
Answers
Answer:
ts mad hard
Explanation
sos
Devon would like to invest in bonds but he is only familiar with investing in stocks. What is the biggest difference between the two? A. Bonds are generally high risk. B. Bonds are generally short-term investments. C. Bonds have fixed maturity dates. D. Bonds provide constant access to your investment money.
Answers
Answer:
C bonds have fixed maturity dates
f sellers pay more of a commodity tax than consumers, sellers receive more of a subsidy than consumers.
a. true
b. false
Answers
The statement is incorrect. If sellers pay more of a commodity tax than consumers, it means that the burden of the tax falls more on the sellers. In such a scenario, it is the consumers who receive more of a subsidy, not the sellers. The subsidy is provided by the government to offset the higher tax burden faced by consumers.
The statement is false because it misunderstands the concept of commodity taxes and subsidies. In reality, if sellers pay more of a commodity tax than consumers, it indicates that the tax burden falls heavily on the sellers. Commodity taxes are typically imposed on sellers or producers as a percentage of the price of the commodity. The intention is to generate revenue for the government or to discourage the consumption of certain goods.
Conversely, subsidies are financial assistance provided by the government to support particular industries, promote consumption, or offset costs for consumers. Subsidies are intended to reduce the burden on consumers and make goods or services more affordable. They are often given directly to consumers or through incentives to encourage the purchase of specific products.
Therefore, if sellers are paying more of a commodity tax, it implies that consumers are receiving less of a subsidy or potentially no subsidy at all. The burden of the tax rests primarily on the sellers, and the consumers bear the brunt of the increased prices resulting from the tax.
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per unitpercent of salesselling price$ 220100%variable expenses8840%contribution margin$ 13260%fixed expenses are $425,000 per month. the company is currently selling 4,000 units per month.required:the marketing manager would like to cut the selling price by $11 and increase the advertising budget by $23,700 per month. the marketing manager predicts that these two changes would increase monthly sales by 400 units. what should be the overall effect on the company's monthly net operating income of this change?
Answers
Based on the proposed changes, the overall effect on the company's monthly net operating income would be a decrease of $5,620.
Based on the given information, we can analyze the overall effect on the company's monthly net operating income after the proposed changes.
Current situation:
Selling price: $220
Variable expenses (40%): $88
Contribution margin (60%): $132
Fixed expenses: $425,000
Units sold: 4,000
Proposed changes:
New selling price: $220 - $11 = $209
New variable expenses: 40% of $209 = $83.6
New contribution margin: $209 - $83.6 = $125.4
New fixed expenses: $425,000 + $23,700 = $448,700
New units sold: 4,000 + 400 = 4,400
1. Calculate the current monthly net operating income:
(Contribution margin per unit * Units sold) - Fixed expenses
($132 * 4,000) - $425,000 = $108,000
2. Calculate the new monthly net operating income after the proposed changes:
(New contribution margin per unit * New units sold) - New fixed expenses
($125.4 * 4,400) - $448,700 = $102,380
3. Determine the overall effect on the company's monthly net operating income:
New monthly net operating income - Current monthly net operating income
$102,380 - $108,000 = -$5,620
Therefore, the company's monthly net operating income would be a decrease of $5,620.
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The _____ is a voice for small business.
SCORE
SBDC
SBA
PLEASE HURRY 15 POINTS AND BRAINLIST TO FIRST PERSON TO ANSWER CORRECTLY
Answers
Answer:
I believe it's the SBDC but I'm not 100% sure tho
Answer:
SBA
Explanation:
its also called NFIB i think
Police are investigating the site of a convenience store robbery. The glass door was
broken, and it looks as if several packages of cigarettes are missing from behind the
counter. One police officer notices a man walking past the store and gets an odd
feeling about him. He stops the man and insists on searching his pockets. Inside the
man's pockets, police find several packs of cigarettes. They arrest the man and
charge him with the crime. Unfortunately, the judge throws out the charges. What is
MOST likely the judge's reason for dismissal?
A-The man is under 18 years old.
B-The man did not have money to post bail.
C-The policeman did not have probable cause to search the man.
D-The policeman did not have enough evidence that the man was the robber.
Answers
The MOST likely judge's reason for dismissal is the policeman did not have enough evidence that the man was the robber. Thus the correct option is D.
What is Robbery?Theft or robbery is defined as the stealing of someone else's property without their permission and using force or a threat of force that exhibits fear in them to perform any action against them.
To prove a crime against someone requires one to submit enough evidence which helps to establish the claim as the justice system is based on evidence not on arguments.
In the given case, police found the activity of the men suspicious as they found cigarette packets from him. There is no evidence that he has stolen the cigarette packets might be possible he has purchased them.
So due to a lack of evidence against the person the Judge dismissal the case. Therefore, option D is appropriate.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
l
l
∨
Explanation:
Here's the picture and I hope this helped!
Have a nice day!
Pharmacy technicians work in pharmacies that can be found where? Check all of the boxes that apply.
hospitals
drug stores
medical clinics
schools
manufacturing labs
Answers
Answer:
could be 3 of those answer choices
-hospitals
-drug stores
medical clinics
Explanation:
Answer:
1 2 3
Explanation:
describe the product strategy for a fried chicken company?
Answers
The product strategy for a fried chicken company involves developing a unique and appealing product line, focusing on quality ingredients, efficient production processes, and catering to customer preferences. Key components of this strategy include product differentiation, quality assurance, pricing, and innovation.
Product differentiation is essential to stand out in the competitive fried chicken market. This could involve creating unique flavors or textures, offering healthy options, or providing signature dipping sauces. Quality assurance ensures that the company maintains high standards in sourcing and preparing ingredients. This may involve using farm-fresh chicken, high-quality oils, and preservative-free spices. Pricing plays a significant role in the product strategy, as it affects the target market and brand positioning. A fried chicken company may choose to offer affordable meals for wider appeal or adopt a premium pricing strategy for a more upscale clientele. Innovation is crucial for staying relevant in the industry. This could involve developing new menu items, creating limited-time offers, or incorporating sustainable packaging solutions to cater to environmentally-conscious customers.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Question Mode Multiple Choice Question In a ______, members of the channel pursue their own goals and maximize their own profits, regardless of the effect on other channel members. Multiple choice question. corporate vertical marketing system conventional marketing channel strategic relationship JIT system
Answers
Answer:
b. Warehouses
c. Stores
Candace works for a small marketing firm that focuses on ads that pop up on social media web pages. Candace most
likely works in
O Marketing Research.
O Professional Sales.
O E-Marketing.
O Distribution and Logistics.
Answers
Answer:
O E-Marketing.
Explanation:
E-marketing is Electronic marketing. It is also known as online marketing and refers to marketing done through the internet. E-marketing combines traditional marketing concepts with modern technology. It involves marketing a company's products and services through the internet using computers and mobile devices as mediums.
Answer:
E-Market
Explanation:
Did on edge
The government of Islandia, a small island nation, imports heating oil at a price of $2 per gallon and makes it available to citizens at a price of $1 per gallon. If Islandians demand curve for heating oil is given by P = 6 =Q, where P is the price per gallon in dollars and Q is the quantity in millions of gallons per year, how much economic surplus is lost as a result of the government's policy?
Answers
Economic surplus is gained rather than lost.
Economic Surplus:Economic surplus is the sum of consumer surplus and producer surplus. It is also known as welfare surplus. Producer surplus occurs when the producer sells the goods for more than the lowest price they are willing to sell for. Consumer surplus occurs when the consumer pays less than the lowest price he is willing to pay for.
P = 6 = Q
It means that consumers purchase 6 million gallons of oil for a price of $ 6 per barrel. It means they are paying $1 for 1 million barrel.
Since, price = demand, thus at a price of $2 per barrel, consumers will still effectively pay $1 for each million barrel.
Quantity consumed at $1 per barrel = 1 million barrel
Quantity consumed at $2 per barrel = 2 million barrel
Economic surplus = (1/2) ($2 - $1) * (2 - 1) = $0.5 million gallon per year
Thus, economic surplus is gained rather than lost.
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The two most generous and politically popular social policy programs are – for health care and – for cash benefits, which primarily benefit –.
Answers
The statement can be completed this way:
The two most generous and politically popular social policy programs are Medicare for health care and Social security for cash benefits, which primarily benefit Senior citizens.What are the most generous social policy programs?The most generous social policy programs in the United States are the Medicare and Social Security programs. Medicare was introduced in the United States in the year 1965 and it was initially introduced as part of the Social Security program.
The individuals who this health care program is meant to target are old people who are up to 65 years. Some young individuals who also have some disabilities can also benefit from this program. People with end-stage renal diseases can also benefit from this program.
The social security program is another initiative that is meant to cater to cushion the effect that comes from a drop in earnings due to the retirement of old persons and individuals with a disability.
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In Virginia, government agencies that address market failures include the Attorney General,
the Department of Labor, and the Department of Environmental Quality. true or false ?
Answers
Answer:
The answer is False.
Explanation:
The office of the Attorney General in Virginia primarily responsible for attending to matters of the state such as:
Representing the governor and the state in legal matters; Consulting for members of the Virginia General Assembly (VGA) and local government officials Acting as the defense counsel in legal suits filed against the stateDefending the constitution of the stateThe department of Labour on the other hand is tasked with the following mission to position Virginia as a conducive place to live work or run a business. It tries to achieve this by adopting and promoting international best practices.
Department of Environment of course is focused on ensuring that companies and individuals uphold the law in relation to the environment.
Managing the stability of inflation, employment and interest rates by the use of monetary policies.
Cheers
What does "trader of energy derivative contracts" mean?
Answers
Answer:
Energy derivative currency traders are becoming a component of market or commodity participants. A further explanation is given below.
Explanation:
These participants concentrate on negotiating to arise from movements in market contractual agreements for physical materials such as oil as well as gold. Almost always, these merchants come to terms with manufactured goods used during the start of the development production process, including certain copper for building projects or wheat flour besides cattle feed.project l costs $50,000, its expected cash inflows are $12,000 per year for 8 years, and its wacc is 12%. what is the project's discounted payback? do not round intermediate calculations. round your answer to two decimal places.
Answers
The discounted payback is 6.12 years with an expected cash inflow of $ 12,000.
What is cash inflow?Cash inflow is the net amount of cash and cash equivalents coming into and going out of a business. Cash inflows are represented by money received, and outflows are represented by money spent.
The ability to generate positive Cash inflows, or more specifically, the potential to maximize long-term free cash flow, is ultimately what determines a company's ability to create discounted payback for shareholders. After deducting any funds used for capital expenditures, a company's free cash inflow (FCF) is the cash it generates from its regular business activities (CapEx).
YEAR Cash Discounted Cumulative Cumulative
Flow cash flow cash flow discounted cash flow
0 -50000 -50000 -50000 -50000
1 12000 10714.28571 -38000 -39285.71429
2 12000 9566.326531 -26000 -29719.38776
3 12000 8541.362974 -14000 -21178.02478
4 12000 7626.216941 -2000 -13551.80784
5 12000 6809.122269 10000 -6742.685572
6 12000 6079.573454 22000 -663.1121177
7 12000 5428.190584 34000 4765.078466
8 12000 4846.598736 46000 9611.677202
Present value = Future value/(1+i) ⁿ
i = interest rate per period
n= number of periods
discounted payback = 6 + 663.1121177/5428.190584
discounted payback = 6.12 years
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michael has a listing agreement with a broker. the broker is his exclusive agent, but michael can also sell the home to his neighbor paul and then not owe his broker commission on the sale. which of the listing relationships below best describes michael's agency relationship?
Answers
With exclusive ability to sell, the brokerage can promote the property without restriction and will still be paid a fee regardless of how the buyer is found. For exclusive agency, the landowner is free to sell the property and find a buyer without paying a commission to the exclusive broker.
What is a listing agreement that is exclusive?Dedicated Agency Listing A legal arrangement whereby the listed broker represents the seller as an agent or as a legally recognized non-agency representative, and the seller agree to pay the listing broker a commission if the property is sold using the assistance of any real estate broker.
What form of contract is an exclusive ability to sell listing agreement?Since it is written, it is express. It is also bilateral because an enforceable promise is made by both parties to the agreement. The broker guarantees to locate a purchaser.
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what are the requirements to obtain a trademark? what federal acts regulate obtaining trademarks
Answers
To obtain a trademark, there are several requirements you need to fulfill. These include selecting a strong and distinctive mark, ensuring it is not confusingly similar to existing marks, and using the mark in commerce. Additionally, you must submit an application to the United States Patent and Trademark Office (USPTO) with the necessary fees and documentation.
The main federal acts that regulate obtaining trademarks are the Lanham Act (also known as the Trademark Act of 1946) and the Trademark Modernization Act of 2020. The Lanham Act established a national trademark registration system and provided protection for registered trademarks, while the Trademark Modernization Act updated the system and introduced new procedures to challenge and remove unused trademarks.
In summary, to obtain a trademark, you must select a distinctive mark, ensure it does not conflict with existing marks, use it in commerce, and submit a complete application to the USPTO. The process is regulated by federal acts such as the Lanham Act and the Trademark Modernization Act.
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ashburn corporation issued 20-year bonds 2 years ago at a coupon rate of 7.2 percent. the bonds make semiannual payments. if these bonds currently sell for 95 percent of par value, what is the ytm?
Answers
If the price of these bonds is currently 95% of their par value, The YTM of these bonds is approximately 7.5%.
What is the YTM?
YTM (Yield to Maturity) is the total return expected on a bond if it is held until the maturity date. It is the internal rate of return of the bond, taking into account all coupon payments and the face value of the bond. In this question the answer in the step by step order given below
Calculate the present value of the bond.
The present value of the bond can be calculated by multiplying the face value of the bond (also known as par value) by the current market price of the bond (in this case, 95%).
Present Value = Par Value x Market Price
Present Value = 100 x 0.95
Present Value = 95
Calculate the present value of the coupon payments.
The present value of the coupon payments can be calculated by multiplying the coupon payment amount by the present value of an annuity factor.
The annuity factor can be found using a financial calculator or by using the following formula:
Annuity Factor = [1 - (1/(1+r)^n)] / r
Where r is the interest rate (in this case, 7.2%) and n is the number of payments (in this case, 40).
Annuity Factor = [1 - (1/(1+0.072)^40)] / 0.072
Annuity Factor = 37.3
The present value of the coupon payments can then be calculated by multiplying the coupon payment amount (7.2% of par value) by the annuity factor.
Present Value of Coupon Payments = Coupon Payment Amount x Annuity Factor
Present Value of Coupon Payments = 0.072 x 100 x 37.3
Present Value of Coupon Payments = 267.2
Calculate the YTM.
The YTM can be calculated by solving for the interest rate that makes the present value of the bond equal to the present value of the coupon payments. This can be done using a financial calculator or by trial and error.
For this example, the YTM is approximately 7.5%.
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write a short note on personnel function of office
Answers
Answer:
ANS
The office personnel refers to all the employees of the office comprising the chief, sectional chiefs and assistants who jointly work for the attainment of the organizational goals." In an organization an office requires different types of office personnel having different skills, qualifications, knowledge to perform
What are the functions of office personnel?
ANS
Office personnel refers to the office chief, sectional chiefs and assistants that carry out all the administrative as well as clerical functions jointly to archive the objectives of an organization.
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Keynesian analysis stresses that a tax cut that increases the government's budget deficit or reduces its budget surplus:____________
a. will increase the money supply.
b. is appropriate during a period of inflation.
c. will stimulate aggregate demand and, thereby, promote employment.
d. will stimulate aggregate supply and, thereby, promote employment.
Answers
Keynesian analysis stresses that a tax cut that increases the government's budget deficit or reduces its budget surplus would: will stimulate aggregate demand and, thereby, promote employment.
\What is Keynesian analysis?This is used to refer to the economics analysis of Maynard Keynes. He was a foremost economist that lived.
Keynes have the opinion that when the spending of a government is more than the money it generates, the large deficit would help raise aggregate demand.
This would raise government spending and the raise economic activities and decrease unemployment.
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After reviewing her application, the Nationwide Credit Union notified Heidi that she was qualified to borrow up to $10,000. Nothing was specified as to the length of the agreement, the rate of interest the credit union would charge, or the terms of repaying any loan. The credit union did not make a loan of $8,000 to Heidi when she requested it four months later. Is the credit union liable for breach of contract?
Answers
Answer:
No
Explanation:
the credit union is not liable because no contract arose. The agreement was missing essential terms such as the rate of interest.
Since there was no agreement, the credit union is not accountable. The deal lacked crucial provisions, such as the interest rate.
The duration of the contract, the rate of return the credit union would impose, or the conditions of repayment any loan were not indicated in the issued statement, therefore the credit union is not accountable for contract.
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Which statement best summarizes the relationship between investments and
productivity?
A. Companies with high levels of productivity never need to worry
about investment.
B. Companies use investments to reduce their need for high levels of
productivity.
C. Companies with poor productivity use investments to become
more efficient
D. Companies use investments to reduce the opportunity cost of loy
productivity
SUBMIT
PREVIOUS
Answers
Answer:
The answer is D
Explanation:
companies invest to make money without using high levels of productivity
following data:
Fixed overheads: £40,000
Selling price: £6
Variable cost per unit: £4
If the selling price is increased by 50% then the break-even level would
now be: *
(1 Point)
8,000 units
20.000 units
O 10,000 units
0 12500 units
Answers
Answer:
If the selling price is increased by 50% then the break-even level would now be 8,000 units.
Explanation:
The following are given in the question:
Fixed overheads = £40,000
Initial selling price = $6
Variable cost per unit = £4
Percentage increase in selling price = 50%
Therefore, we have:
New selling price = Initial selling price * (100% + Percentage increase in selling price) = £6 * (100% + 50%) = £9
New contribution margin per unit = New selling price - Variable cost per unit = £9 - £4 = £5
New break-even level = Fixed overheads / New contribution margin per unit = £40,000 / £5 = 8,000 units
Therefore, if the selling price is increased by 50% then the break-even level would now be 8,000 units.
Assess the trade-offs that investors face when making investment decisions, and provide one example of such a trade-off.(4 points)
Answers
Higher risk is associated with higher likelihood of greater return and decrease threat with a greater likelihood of smaller return. This trade off which an investor faces between threat and return while considering funding choices is referred to as the hazard return exchange off
What are some examples of trade-offs?In economics, a trade-off is described as an "opportunity cost." For example, you might take a day off work to go to a concert, gaining the chance of seeing your preferred band, whilst dropping a day's wages as the cost for that opportunity.
An example of a single trait trade-off in humans is the weight of a new born baby. A higher start weight provides a higher risk of survival in the first few weeks, however infants that are too massive have higher mortality price (Karn & Penrose 1951).
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please help asap!!
Answers
The second image is most likely to portray non-verbal communication. Hence, option B is correct.
What is non-verbal communication?Nonverbal communication describes the methods by which people communicate their feelings, needs, intentions, attitudes, and thoughts without using words.
Body Language Human connection often involves nonverbal communication. For instance, a person's attitude and thoughts can be conveyed to others through tone, facial expressions, and gestures, and actions are frequently much more powerful than words.
Thus, option B is correct.
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Select the false statement about a budget
A budget balances net income and expenses.
A budget provides input to financial planning.
A budget is an emergency fund.
A budget should be reviewed regularly.
Answers
Printed pencils cost $0.33 1/3 each for an order of 18,000 pencils. on monday jim company placed an order for 18,000 pencils. what is the exact cost of the pencils for jim co.
Answers
For Jim Co., the cost of the pencils is precisely $6000.
Why is production cost important?The government uses costing to make assessments for income tax and other types of government responsibilities. It aids in cost control, price setting, tariff schemes, and the establishment of industry standards, among other things. Customers: Cost management and efficiency enhancement are the main goals of costing. Lowering your company's overall expenses is the key advantage of implementing cost controls. You can put a cap on how much cash each level of employee can spend, preventing more cash from leaving the company. Businesses should take into account the cost of production while evaluating their financial situation. In order to keep within budget, a corporation may stop manufacture of a product if its production costs are routinely higher than its sales revenue.
= \(1800*\frac{1}{3}\)
= $6000
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