Mbank has deposit liabilities of $300 million. it only keeps the minimum cash reserves required by law of 20%. its annual costs (wages, rent, utilities, etc.) are $5 million. what is mbank’s profit under the following circumstances: (a) (2pts) it charges 4% annual interest on its loans and pays 1% annual interest on its deposits. (b) (2 pts) it charges 4% annual interest on its loans, but in order to meet the market competition it raises its interest rate on deposits to 2%. (c) (2 pts) the interest rates are as in part (a) above, but due to uncertain economic conditions, mbank decides to hold an additional 5% in excess reserves.

Reqwest llc agrees to sell one hundred servers to social media networks, inc. the servers, which social media networks expressly requires to have certain amounts of memory, are to be shipped “f.o.b. social media networks distribution center in tampa, fl.” when the servers arrive, social media networks rejects them and informs reqwest, claiming that the servers do not conform to social media networks’ memory requirement. a few hours later, the servers are destroyed in a fire at social media networks’ distribution center. will reqwest succeed in a suit against social media networks for the cost of the goods?

Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement