<span>Francine would be considered an entrepreneur because she is someone who initiates and assumes the financial risk of a new business enterprise.
</span>An entrepreneur is defined as someone who owns and operates a business or businesses and takes on a greater than normal financial risk to do that. An entrepreneur starts their own business and puts everything they have into making it successful, no matter the risk, they tend to take it to become successful.<span>
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Answer:
Cruz Company
Indicating whether to (a) record a liability, (b) disclose in notes, or (c) have no disclosure.
Transaction Remark
1. Guarantee of supplier's debt (c) have no disclosure
2. Damages for disgruntled employee (b) disclose in notes
Explanation:
When it is not probable that the supplier whose debt is guaranteed by Cruz will default on the debt, there is no need to make a disclosure since probable liability is not accruing to Cruz. But with the legal case of a disgruntled employee, Cruz should disclose the information in a note. It can only be recorded as a liability when the amount of the damages can be reasonably estimated.
The statement, 'lower interest rates are part of tight money policy' is false.
<u>Explanation:</u>
Tight monetary policy which is also known as contractionary monetary policy is undertaken by Federal Reserve to reduce the economic growth that is overheated and to curb fast increasing inflation rate. Here the policy increases the interest rates thereby reducing the borrowing in the economy.
So, the true statement would be 'lowering the interest rates stimulates the borrowing in the economy and it is a part of the expansionary or loose monetary policy'.
The effective annual yield of a treasury bill is equivalent to 12.55%.
Option B is the correct answer.
<h3>What is the treasury bill?</h3>
The treasury bill is the trading instrument that is issued in the money market by the government.
Given values:
Par value: $100,000
Future value: $97,087
Number of years from now: 3 years
Step-1 Computation of interest rate of treasury bill:
Step-2 Computation of equivalent yield the bill:
Therefore, 12.55% is the equivalent yield on the treasury bill.
Learn more about the equivalent yield in the related link:
brainly.com/question/21275322
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One way to make the most of your money is to put any you have left over into your super
For many people, this is a tax effective way to save for the long term.
