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Cloud [144]
3 years ago
10

You have just purchased a four-month, $630,000 negotiable CD, which will pay a 4.5 percent annual interest rate.

Business
1 answer:
erma4kov [3.2K]3 years ago
7 0

Answer:

A. cv = $628998.51

B. cv = $638180.86

Explanation:

Fv = iv * (1 + r)^n

Where fv = final value

Iv = initial value. = 630,000

r = rate = 4.5%

n = time of maturity = 4/12 = 0.3333

So therefore:

Fv = 630000(1 +.045)^0.3333

Fv = $639310.75

a. If rate is reduced to 5%

Current market value = c.f.

Since rise or drop in rate would affect the new value of product if you are to sell

So:

639310.75 = cv( 1 + r )^0.3333

cv = 639310.75 / (1.05)^0.3333

cv = 628998.51

b. If rate reduces to 4.25%

Solving it the same way as (a)

639310.75 = cv* ( 1 + 0.0425 ) ^0.3333

cv = $638180.86

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olga2289 [7]

Answer:

undervalued assets an liabilities by 50,000

Explanation:

The financial statement for the fiscal year ended on December 31th, 2012

will have the following mistake:

Liabilities are undervalued by 50,000

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As the note payable is not recorded neither the cash receipts from the loan.

Because this transaction is missing, we are not doing a correct representation of reality. This account will be undervalued.

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3 years ago
Which of the following companies is most likely to have a negative Cash Conversion Cycle?
Veseljchak [2.6K]

Answer:

a) A discount retailer

Explanation:

The formula to determine the cash conversion cycle is shown below:

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So as per the given situation, the first option i.e. discount retailer should have the negative cash conversion cycle as in other options it created the positive impact

So the option a is correct

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2 years ago
How do banks benefit of giving people loans
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Answer: It all ties back to the fundamental way banks make money: Banks use depositors' money to make loans. The amount of interest the banks collect on the loans is greater than the amount of interest they pay to customers with savings accounts—and the difference is the banks' profit.

Explanation: Hopefully this helped!

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3 years ago
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Nelson is documenting all the steps it takes to recruit, hire, and onboard a new employee. What would be the best way to describ
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The best way to describe the steps is to define them in a systematic way.

Explanation:

For recruiting, Nelson should look for various alternatives where he can approach skilled group of people like institutions and colleges, placement agencies or he can also contact head hunters for highly skilled jobs.

For onboarding he should access the talent potential employee is bringing on the table considering the general market practice for such job and thus offering him a pay structure that would attract him to join keeping the best interest of the company in mind.

He should also make him clear the terms and conditions as per the job and providing him a healthy work environment and help him to get to know the people he will be working with.  

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1 year ago
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AURORKA [14]

Answer:

The correct answer is True.

Explanation:

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2. Complete the definition of all project deliverables: it is about going one step beyond the level reached in the planning and 100% complete the information on all project deliverables, including internal and external, associating each one with its estimated completion time.

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4. Review the results obtained: with the stakeholders, both at the time of finalizing the elaboration of the work breakdown structure, and when modifications or updates are included, if applicable. It is essential to avoid overlaps.

7 0
3 years ago
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