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3 years ago

Rates that the world's largest banks charge one another for loans are called ________.

1 answer:

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Rates that the world's largest banks charge one another for loans are called I<span>nterbank Interest Rates

</span><span>The interbank rate is the rate of interest charged on short-term loans between banks. Banks borrow and lend money in the interbank lending market in order to manage liquidity and satisfy regulations such as reserve requirements.</span>

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__________ often assist companies and employees with ethical issues by formally addressing contributions to government officials

Nina [5.8K]

Answer: Code of ethics.

Explanation:

The code of ethics of a business establishment are the laid down rules that ensures that the business is run honestly and in accordance with the laws of the society the business operates in. The employees of a business establishment are made to study the business' code of ethics, so they can abide by them.

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3 years ago

Sweeney pies has issued a zero-coupon 10-year bond that can be converted into 10 Sweeney shares. Comparable straight bonds are y

otez555 [7]

Answer:

A.Convert the bond

B.$53.59

C. $514.01

Explanation:

a. Calculation for whether to convert or to stay with the bond.

First step

In a situation where the fair rate of return on a 10 year zero-coupon non-convertible bond is 9%, which means the price would be calculated as:

Using this formula

Price =(Face value/(1+Non-convertible bond)^Numbers of years

Let plug in the formula

Price =($1,000/1.09)^10

Price = $422.41

Second step is to calculate for the conversion value

Conversion value = 10×$63 shares

Conversion value= $630

If we convert the gain will be :

Gain=$630 - $422.41

Gain= $207.59

Based on the above calculation this mean you may convert and sell the $10 shares for the amount of $630 which will help you to buy a bond for the amount of $422.41

And in a situation were you decide not to convert, you will own a non-convertible bond of the amount of $422.41, based on this i will convert the bond.

b. Calculation for how much are investors paying for the option to buy Sweeney shares

Amount to be paid = ($476.00-$422.41)

Amount to be paid= $53.59

This means the Investors are paying the amount of $53.59

c. Calculation for the value of the convertible bond

First is to calculate for the value of a comparable non-convertible bon

Bond value = $1,000/1.09^9

Bond value = $460.42

Now let calculate for the value of the convertible bond

Value of the convertible bond = $460.42+ $53.59

Value of the convertible bond= $514.01

Therefore the Value of the convertible bond will be $514.01

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4 years ago

When effective communication affected your success at work

artcher [175]

Answer:

Being able to communicate at school and in the workplace may mean the difference between success and failure. With your peers, communication helps you to engage and find common ground, allowing you to build friendships that not only last a lifetime, but may lead to future employment opportunities.

Explanation:

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3 years ago

Fragmental Co. leased a portion of its store to another company for eight months beginning on October 1, at a monthly rate of $9

Leviafan [203]

Answer:

Debit cash $7800

Credit unearned revenue $7800

Explanation:

The amount of $7800 was received in cash on October 1. Therefore, the cash account will be debited with the $7800 received.

The corresponding credit entry of $7800 will be to the unearned revenue account since the revenue has not been earned. Revenue will be earned at the end of each month of the lease. This account will subsequently debited each time the revenue is earned i.e at the end of each lease month.

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3 years ago

Barber and Atkins are partners in an accounting firm and share net income and loss equally. Barber's beginning partnership capit

Tatiana [17]

Answer:

Barber's Return on Equity (ROE) is 1.28%

Explanation:

The formula to compute the ROE of Barber is:

ROE = Net Income / Shareholder's Equity

= $250,000 / $195,000

= 1.28%

It is a measure of the profitability ratio which evaluates the firm ability for generating profits from investment of shareholders.

Working Note:

Shareholder Equity of Barber = Beginning capital - Withdrew amount

= $285,000 - $90,000

= $195,000

5 0

3 years ago