Answer:
Key Takeaways. Manufacturers and stores benefit from the coupons they offer to consumers. ... Offering coupons is a way to market products and engage consumers. Coupons can entice customers to build loyalty with a specific company or product.
Answer:
e. It would decrease by S100,000.
Explanation:
Options are <em>"a. It would increase by $100,000 multiplied by the reciprocal of the required reserve ratio. b. It would decrease by $100,000 multiplied by the reciprocal of the required reserve ratio. c. There would be no change to the money supply. d. It would increase by $100,000. e. It would decrease by $100,000."</em>
An individual paid cash in exchange of bond to bank and bank has that cash in its vault. Now, the bank sells securities worth $100,000 to that individual. In this case, the cash at bank will decrease by the amount of securities, that is $100,000 and the money supply also reduce by the same amount of $100,000.
The yield to maturity (YTM) on a simple loan is 31.9%
<h3>What is the
yield to maturity?</h3>
The yield to maturity represents an overall total of all outstanding loan repayments. The yield to maturity of the security varies based on the bond's valuation and the number of remaining balances.
simple loan for $2,000
repayment of $8,000
time period 5 years
The formula for yield to maturity is
Yield to Maturity = [Annual Interest + {(FV-Price)/Maturity}] / [(FV+Price)/2]
$2,000 = $8,000/(1+i)⁵
(1+i)⁵ = $8,000/$2,000
(1+i) = 41/5
i = 1.319-1
= 31.9
31.9% is the YTM
The yield to maturity (YTM) on a simple loan is 31.9%
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Answer:
Chartered Accountant or Certified public accountant.
Explanation:
Chartered accountant is a designation or degree provided to the Accounting professional across the world except in United states, they have another equivalent designation of Certified public accountant. This designation required knowledge on accounting, tax, auditing, etc. They need to qualify in a rigorous accounting examination. As a professional their responsibility is to create financial statement, filling or helping company to file or calculate tax and providing financial advice.
a. Burbank Corporation must use the mid-quarter convention to determine its cost recovery.
