You should see what you need to do to get hired. Do something you love or are interested in.
Answer:
1) B
2) A
3) D
Explanation:
1) Discount yield(%) = Face value - Purchase value/Face value X 360/Maturity ( in days) X 100%
Discount yield (quote) = 5.11; Face value = $10,000; Let Purchase value = x; Maturity = 90 days
(5.11)% = $(10,000 - x)/$10,000 X 360/90 X 100%
5.11 = 400(10,000 - x)/10,000
x = 4,000,000 - 51100/400 = 3,948,900 = $9,872.25
3) Face value = $10,000; Purchase value = $9,850; Maturity = 120 days
Investor's bond equivalent yield(%) = $(10,000 - 9,850)10,000 X 360/120 X 100%
= 45/10 = 4.5%
Answer:
Consumer Goods
Explanation:
Consumer goods are products bought buy consumption by the average consumer.
Answer:
TRUE
Explanation:
A private accountant is an individual that provides a select and personalized set of accounting services on hire which may sometimes be exclusive to one client. Clients are usually individuals with high net worth or big corporations.
A private account may be an employee of the client or may operate as an independent accountant, with the later being the case most times.
Answer:
Explanation:
To maximize profit, you would charge $8 for an adult's ticket and $4 for a child?s ticket. Total profit in this case would be $800.
The city council passes a law prohibiting you from charging different prices to different customers.
Now you set a price of $8 for all tickets, resulting in $600 in profit.
Indicate whether each of the following groups of people is better off, worse off, or the same because of the law prohibiting price discrimination.
Groups of People Better Off Worse Off Unchanged
Adults x
Children x
You, the Producer x
Suppose the fixed cost of the play were $2,600 rather than $2,000.
Complete the following sentences indicating how this would change your answers to the previous parts.
In the presence of price discrimination, the adult price of a ticket would remain the same, and the child price would remain the same. Total profit would fall to $200.
If price discrimination were banned and the monopolist continued to produce the play no matter what the profit, the price of a ticket would remain the same, and total profit would fall to $0.
