Clientele would be your customers, or clients.
Answer:
rate variance $ 72,000.00 F
efficiency variance $ 75,000.00 U
Total Variance: 3,000.00 U
Explanation:
DIRECT LABOR VARIANCES
std rate $ 15.00
actual rate $ 12.60 (378,000 labor cost / 30,000 labor hours)
actual hours 30,000
difference $2.40
rate variance $72,000.00
As the company wages were lower than expected, it saved rate-related cost
std hours 25000.00 (5,000 units x 5hours each = 25,000)
actual hours 30000.00
std rate $15.00
difference -5000.00
As the company use more hours the cost were higher than standard
efficiency variance $(75,000.00)
Answer:
Investment trading
Explanation:
Financial institutions' core business is to sell loans. They accept deposits from customers and use those deposits to create loans to firms and individuals. Financial institutions are intermediaries of credit; they connect the demand and the suppliers of credit. Direct deposits are a way of depositing money while ATM's and debits card gives customers access to their deposits.
Investment trading is a service offered by stock exchange markets through stockbrokers and investment banks.
I
Answer:
100%
Explanation:
the money would decrease to 4500$ and the ratio of 500 is 10% so its maximum would be 100% that is 10000$
Answer:
1) cash at issuance 2,955,000
2) cash for maturity 3,000,000 plus 210,000 interest = 3,210,000 total cash outlay at maturity
3) cash interest 210,000
Explanation:
1) It will receive 98.5/100 of the face value
3,000,000 x .985 = $2,955,000
2) at maturity it will still have to pay the face value regardless of the amount received for the bonds aty issuance thus; $3,000,000 We will also have to add up the interest for the last period.
3) the cash interest will be considered using the face value and the coupon rate of 7% regardless of current market rate and market price of the bond.
3,000,000 x 7% = 210,000