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Zanzabum
3 years ago
7

A person who signs a check and leaves the dollar amount for someone else to fill in can recover from the bank whatever amount ex

ceeds the amount that the person intended the check to cover
Business
1 answer:
elixir [45]3 years ago
6 0
<span>This is a false statement. The person is not allowed to protest when the check is intentionally left blank in the dollar amount section and more is taken out than originally intended. If the bank acted in good faith and paid the amount shown, they are not liable for reimbursement.</span>
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What is the expected rate of return on a bond that pays a coupon rate of 9% paid semi - annually, has a par value of $1,000, mat
spayn [35]

Answer:

b. 7.28%

Explanation:

This question is asking for the yield to maturity(YTM) of the bond. You can solve this using a financial calculator with the inputs below. Additionally, adjust the coupon payment(PMT) and time to maturity(N) to semiannual basis.

Time to maturity; N = 5*2 = 10

Face value; FV = 1000

Price of bond; PV = -1071

Semiannual coupon payment; PMT = (9%/2) *1000 = 45

then compute semiannual interest rate; CPT I/Y = 3.64%

Next, convert the semiannual rate to annual rate(YTM) = 3.64% *2

YTM = 7.28%

8 0
3 years ago
The adult education director at st. francis hospital uses ​________ to evaluate the interactions of variables that contribute to
Harlamova29_29 [7]

At the Saint Francis Hospital, an adult education director uses What-if analysis to evaluate the interactions of variables that contribute to the profitability of various potential seminars. A What-If Analysis is the process of altering the values in cells to see how those changes will affect the outcome of formulas on the worksheet.

3 0
3 years ago
Shortly after recording street survivors, this group was involved in a fatal plane crash:
KengaRu [80]
<span>Street Survivors was the fifth studio album of the rock group Lynyrd Skynyrd, recorded in 1977. In October of that year, a small plain carrying members of the band as well as managers and support personell, crashed near Gillsberg, Mississippi. Lead Vocalist Ronnie Van Zant, guitarist Steve Gaines, and backup vocalist Cassie Gaines were among the six killed.</span>
3 0
3 years ago
The management of Woznick Corporation has been concerned for some time with the financial performance of its product V86O and ha
kumpel [21]

Answer:

a. ($35,000)

Explanation:

The computation of the financial advantage or disadvantage of dropping product V860 is shown below:

= Sales - Variable cost - Avoidable fixed manufacturing - Avoidable fixed selling

= $150,000 - $72,000 - $30,000 - $13,000

= $35,000

This $35,000 would be a financial disadvantage and the fixed cost should not be considered as it is not held for decision making purpose

Hence, the correct option is a

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3 years ago
The ____ applet in control panel is a simplified interface for user management.
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Hope this helps ☺
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3 years ago
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