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3 years ago

The federal regulation of used-car sales requires that __________.

1 answer:

4 0

The answer is to place warranty information in car windows or also known as the used-car rule. Car dealers who sell used cars to their consumers must follow the rules set by the Federal Trade Commissions, The Used Car Rule. This Used car rule is applicable to all states, except for Maine and Wisconsin.

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Why hasn't globalization benefited the majority of the world's underdeveloped countries?

irinina [24]

I think it’s A or B not sure tho

8 0

3 years ago

JLK is a partnership that was formed two years ago and has been extremely successful thus far. The owners have decided to incorp

anastassius [24]

Answer:

The answer is. initial Public Offering (IPO)

Explanation:

If a firm(like JLK) wants to trade its shares to the public for the first term, it will do so in a process known as Initial Public Offering (IPO).

This process will enable JLK or any other firm to raise capital from the company for the first time. Also, JLK partnership is a private company, this process will make the firm a public company.

7 0

4 years ago

Morris Industries would like to purchase some new equipment costing $1.56 million. This purchase is scheduled for 3 years from t

Levart [38]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Final value= 1,560,000

n= 3*12= 36 months

i= 0.038/12= 0.0031667

To calculate the annual deposit needed we need to use the following version of the final value formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A=(1,560,000*0.0031667) / [(1.0031667^36)-1]= $40,849

7 0

3 years ago

completion. Item8 Part 5 of 5 10 points Return to questionItem 8Item 8 Part 5 of 5 10 points Required information [The following

zloy xaker [14]

Answer and Explanation:

The computation of amount of revenue and gross profit (loss) to be recognized in each of the three years is shown below:-

Sales revenue for the present period for 2021 = $31,00,000.00

Sales revenue for the present period for 2022 = $46,00,000.00

Sales revenue for the present period for 2023 = $23,00,000.00

Gross Profit for year 2021 = $5,58,000.00

Gross profit for year 2022 = $8,28,000.00

Gross profit for year 2023 = $2,25,400.00

To reach the sales revenue we simply deduct the Sales revenue recognized in previous period from Sales revenue recognized till date for 3 years on the other hand to compute the gross profit we simply deduct the Cost incurred during the year from Sales revenue for the present period for 3 years.

For clarification we attached the spreadsheet to reach the sales revenue and gross profit for 3 years.

3 0

3 years ago

The yield to maturity (YTM) on 1-year zero-coupon bonds is 5% and the YTM on 2-year zeros is 6%. The yield to maturity on 2-year

dlinn [17]

Answer:

a. What arbitrage opportunity is available for an investment banking firm?

The arbitrage strategy is to buy zeros with face values of <u>$100</u> and <u>$1,100</u>, and respective maturities of one year and two years.

This would generate a risk free profit = $4.83

Explanation:

the price of a 2 year bond with annual coupons = PV of maturity value + PV of coupons

($100 / 1.057) + ($1,100 / 1.057²) = $94.61 + $984.56 = $1,079.07

price of a 2 year coupon bond using YTM of zero coupon bonds:

($100 / 1.05) + ($1,100 / 1.06²) = $95.24 + $979 = $1,074.24

risk free profit = $1,079.07 - $1,074.24 = $4.83

6 0

3 years ago