All categories

3 years ago

True or false: investing in collectibles is very risky?

Business

1 answer:

nikdorinn [45]3 years ago

8 0

The answer would be true as you don't know what has been done with it

You might be interested in

Parwin Corporation plans to sell 39,000 units during August. If the company has 16,000 units on hand at the start of the month,

aalyn [17]

Answer:

A. 40,000

Explanation:

Data provided

Sold units = 39,000

Beginning units = 16,000

Ending units = 17,000

The computation of units is shown below:-

Production units = Sale unit + Desired ending inventory - Beginning inventory

= 39,000 + 17,000 - 16,000

= 56,000 - 16,000

= 40,000

So, for computing the production sales we simply applied the above formula.

6 0

2 years ago

In the development of the ipad 3, it is very likely that apple will develop an initial ______ and then test its performance and

hjlf

<span>In the technological sector a new product start its live as a prototype, then the enterprise use various consumer test panel to see the reaction of the potential costumers in real time environments and check how the prototype behaves. With the information gathered from the costumers tests panels the company can make adjustments <span>improve the prototype based on the feedback of the people that actually used it and release a better final version of the product.</span></span>

4 0

2 years ago

Trevor Price bought 10-year bonds issued by Harvest Foods fi ve years ago for $936.05. Th e bonds make semiannual coupon payment

balu736 [363]

Answer: 11.14%

Explanation:

Buying price of bond = $936.05 -PV

Years investment held = n= 5*2

Rate of the Coupon = C = 8.4%

Frequency of payment = m= 2

Annual coupon = $1,000 × (0.084/2) = $42

Realized yield = i

Selling price of bond = PB = $1,048.77 = FV

Enter N= 10, PMT = $42, PV= -$936.05$, FV = 1,048.77

Answer 5.425%

The effective annual yield can be computed as:

EAY = (1+ Quoted m)^m -1

= (1+0.054)^2 - 1

=(1.054)^2- 1

=0.1114= 11.14

5 0

2 years ago

Plz help..What is a bank overdraft?

Oksana_A [137]

Answer:

An overdraft is an extension of credit from a lending institution that is granted when an account reaches zero. ... Basically, an overdraft means that the bank allows customers to borrow a set amount of money. There is interest on the loan, and there is typically a fee per overdraft

hope it will help you...

6 0

2 years ago

A-Z Construction Company was organized on May 1 of the current year. On May 2, A-Z Construction prepaid $18,480 to the city for

aalyn [17]

Explanation:

a. The journal entries are as follows

Taxes Expense A/c Dr $12,320

To Prepaid Taxes A/c $12,320

(Being the tax expense is recorded)

The computation is shown below:

= $18,480 × 8 months ÷ 12 months

= $12,320

Taxes Expense A/c Dr $45,000

To Property Taxes Payable A/c $45,000

(Being the taxes expense is recorded

b. The amount of tax expense for the current year is shown below:

= $12,320 + $45,000

= $57320

8 0

2 years ago