Answer: The correct answer is "an intermarket spread".
Explanation: This is an example of <u>an intermarket spread</u> swap.
- An intermarket spread swap, is the exchange of 2 bonds within different parts of the same market in order to obtain a higher yield.
The answer to this question is <span>Company strengths and weaknesses.
In this context, company strength refers to all the factors that make the company stand out among other competitors in the market (such as good products, fame, good researchers, etc)
The weakness, on the other hand, refers to something that needed to be taken care of if the company want to win the competition in the market. (such as huge debt ratio, scandals, etc)
</span>
Answer:
The cash flows from operating activities section of the statement of cash flows using the indirect method is $172,475.
Explanation:
Kennedy, Inc.
Statement of cash flows (extract)
Net income $179,562
Add: Depreciation expense 15,511
Loss on disposal of equipment 11,046
Less: Gain on sale of building (21,801)
Increase in accounts receivable (8,734)
Decrease in accounts payable (3,109)
Cash flows from operating activities $172,475
Answer:
D
Explanation:
Substancial performance is a terminology used in contract law. It actually means the degree of performance of a contract work which is not completely or fully finished,but is so nearly equivalent that it would be unfair to deny the contractor the payment agreed upon in the contract. The owner has a right to recover whatever damages he has incurred by reason of the contractor's failure to render full and complete performance.
Building Restoration must have at least substantially performed the it's side of a bargain before they can call on the CasualDining,Inc to perform the their side of the bargain e.g. by paying an agreed amount. What actually constitute substantial performance depends on the circumstances.
Answer:
The correct option is;
Loss of national monetary and exchange rate policy
Explanation:
The disadvantages of the establishment of monetary unions includes;
1) The loss of independence in monetary policy
2) The associated problems that arise due to the the initial establishment of the union
3) Tedious nature of the task of attaining comprehensive capital mobility
The advantages are;
1) Lack of uncertainty in exchange rate variation
2) Reduced cost of doing business
3) Improved fiscal stability as well as control of the inflation rate by supranational central bank.
