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2 years ago

Choose the correct description for the following money market instrument. A certificate of deposit is:

1 answer:

8 0

A correct option is option (c). A certificate of deposit is a debt instrument sold by a bank to depositors that pays annual interest on a given amount and at maturity pays back a debt instrument sold by a bank to depositors that pays annual interest of a given amount and at maturity pays back the original purchase price. The original purchase price.

What is an accurate description of money market instruments?

A variety of securities, such as short-term Treasury securities (such as T-bills), certificates of deposit (CDs), commercial paper, repurchase agreements (repos), and money market mutual funds that invest in these securities make up the money market.

Is it a certificate of deposit security?

A fixed-term investment or certificate of deposit won't deplete your capital because of market volatility. It is a safe financial vehicle with a guaranteed payout at maturity, similar to regular insurance. The money you deposit into your CD will grow steadily, so there is no possibility of losing any of it.

Learn more about the certificate of deposit: brainly.com/question/27240565

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The correct question is:

Choose the correct description for the following money market instrument.

Upper A certificate of deposit is a certificate of deposit is:

a short dash term debt instrument issued by large banks and well dash known corporations. A short-term debt instrument issued by large banks and well-known corporations. nothing

an overnight loan between banks.an overnight loan between banks.

a debt instrument sold by a bank to depositors that pays annual interest on a given amount and a maturity pays back debt instrument sold by a bank to depositors that pays annual interest on a given amount and at maturity pays back the original purchase price. the original purchase price.

a short dash term money market instrument issued primarily by banks and funded from corporations and a short-term money market instrument issued primarily by banks and funded from corporations and other banks through loans in which Treasury bills serve as collateral comma with an explicit agreement to pay off the debt other banks through loans in which Treasury bills serve as collateral, with an explicit agreement to pay off the debt shortly.

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The following data pertain to Frontier Enterprises:

MariettaO [177]

Answer:

D. $231.

Explanation:

With regards to the above, first we need to compute the total manufacturing cost.

Total manufacturing cost = Variable manufacturing cost + Applied fixed manufacturing cost

= $70 + $40

= $110

Then,

= $110 + ($110 × 1.1)

= $110 + $121

= $231

Therefore , the company will charge $231 if cost- plus pricing based is used.

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3 years ago

Ben, who runs a livestock breeding business, owes the circle c ranch $40,000. ben agrees to pay the circle c a percentage of his

Alexxandr [17]

The Circle C is Ben's creditor. A creditor refers to someone or group of people who has lent money to someone or who has extend credit to another person or business entity. The money borrowed has to be return in full back to the creditor.

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3 years ago

Haack Inc. is a merchandising company. Last month the company's cost of goods sold was $69,800. The company's beginning merchand

Lemur [1.5K]

Answer:

cost of goods purchased= $85,900

Explanation:

Giving the following information:

Last month the company's cost of goods sold was $69,800.

The company's beginning merchandise inventory was $13,200 and its ending merchandise inventory was $29,300.

<u>To calculate the purchases, we need to use the following formula:</u>

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

69,800 = 13,200 + cost of goods purchased - 29,300

69,800 - 13,200 + 29,300= cost of goods purchased

cost of goods purchased= $85,900

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3 years ago

The production team of Widget Corp., a furniture manufacturer, has determined the amount of wood, metal, fabric, labor hours, ca

Pavlova-9 [17]

Question Options:

A) economic order quantity

B) partial productivity

C) multifactor productivity

D) internal service quality

Answer: MULTIFACTOR PRODUCTIVITY.

Explanation: Multifactor productivity is also known as total factor productivity can be defined as the elements or influences that determines the output in production from the inputs. Like in this question, the company determined the inputs (wood, metal, fabric, labor hours, capital, and the electricity) required to produced an output (chair).

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4 years ago

On January 1, 2017, Crown Company sold property to Leary Company. There was no established exchange price for the property, and

Mademuasel [1]

Answer:

Leary Company

The carrying value of the notes payable at December 31, 2017, after the first payment is made (assuming that the effective-interest method is used) is:

= $320,000

Explanation:

a) Data and Calculations:

0% Note payable = $400,000

Payment period = 5

Annual installmental payments = $80,000

Prevailing rate of interest for similar note = 8%

Schedule

Period PV PMT Interest FV

1 $-591,650.08 $80,000.00 $-47,332.01 $558,982.09

2 $-558,982.09 $80,000.00 $-44,718.57 $523,700.66

3 $-523,700.66 $80,000.00 $-41,896.05 $485,596.71

4 $-485,596.71 $80,000.00 $-38,847.74 $444,444.44

5 $-444,444.44 $80,000.00 $-35,555.56 $400,000.00

Total $400,000.00 $-208,349.93

Carrying value

Ending value = $400,000

Interest expense -47,332.01

Cash repayment -32,667.99

Carrying value = $320,000

6 0

3 years ago