Answer:
Asset-backed securities
Explanation:
Asset-backed securities are a form of debt securities whose principal and interest are paid by other associated assets.
In this case the bank collected assets from the corporation, and the corporation in turn issued Asset-backed securities (ABS) on these assets.
The assets collected by the bank can be mortgages, equipment lease and so on.
True because both are learning something from each position they exchanged on
Answer:
$26,600
Explanation:
Bad debts expense based on a percentage of credit sales requires an adjusting entry equal to the percentage of credit sales; no consideration is given to the ending balance of the allowance account when computing the adjustment.
The adjusting entry will include a credit to the Allowance for Doubtful Accounts account for $26,000 (or $650,000 x .04).
Note, however, that this question asks for the ending balance in the allowance account.
Since there is a $600 credit balance prior to adjustment, the balance in the allowance account after adjustment will be $26,600
(the credit balance of $600 + a credit of $26,000 will yield an ending credit balance of $26,600).
Answer:
a. Without wasting time, the team member has to inform the Lead/Onsite coordinator and take up another task.
Explanation:
Iteration is a repetative process, where process is repeated until it get closer to the desired result. It is important to inform the team member without wasting much of time, so that they can coordinate or team member can take up another task from the queue. Iteration planning is the collabrative exercise, team work is important as goal and task are set in a team meeting. This is considered as slower process than new algorithm process.
Answer:
The probability of Ann winning the prize is 2.464
Explanation:
The probability of Ann winning the prize can be analysed as potray below
1.pr(of Ann being the first player selected).
Here Ann plays the 2nd,3rd and 4th player to win prize,the probability=0.8×0.8×0.8=0.512
2.Pr(of Ann being the second player selected)
If Ann is randomly selected as the second player,she will still need to play three matches to win with 1st,3rd and 4th
0.8×0.8×0.8=0.512
3.Pr(of Ann. Being the third player chooses randomly),Ann will get to play just two players i.e the winner of 1and 2 and the 4th.the probability=0.8×0.8=0.64
4.Pr(of Ann being the 4th player choosen randomly)
Ann gets to play only one match to win the prize in this scenario
So probability of a Ann win is 0.8
Total probability a Ann winning the prize=0.512+0.512+0.64+0.8=2.464
