Answer:
Liquid assets may be cash or property that can readily be converted to cash without a substantial loss in value. While on the other hand, Illiquid or fixed assets are possessions of value that are held long-term such as a home, land or equipment.
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Answer:
B
Explanation:
He was fired for constantly missing rehearsals which is a duty of his role as an employee of U2
Answer:
An example of a situation in which there could be a conflict of interest between an IT consultant’s self-interest and the interests of a client is a delay in duration for completion of a project.
This potential conflict can be addressed by providing a report of activities that have ensued within the time lapse and give reasons for extension of time.
Explanation:
An IT consultant saddled with the responsibility of developing a website for a client could have a disagreement with the client if he does not deliver on the job as at when due.
This could be due to his inability to concentrate on the project as a result of other personal engagements he has which could make him earn more.
To assuage his client's disapproval, he can present a detailed report showcasing the progress on the project and estimate an additional time to complete it.
He must be calm and courteous in his approach no matter how infuriated his client is.
Answer:
Total interest paid = $606.63
Explanation:
First calculate the monthly payment for first six months
Monthly interest for first 6 months =.006/12=.0005
= 6500*(1.0005)^6
=6519.52
Interest rate for next six months
=17.37%/12=1.45%
(1.0145)^6=1.090054
=6519.52*(1+.0145)^6
=7106.63
Total interest paid = 7106.63-6500
Total interest paid = 606.63
Answer:
The correct answer is letter "C": inverse funds.
Explanation:
Inverse funds are types of mutual funds that perform in the opposite way to major indexes. For an inverse fund to increase, adverse economic situations must arise. These funds are typically pooled in inverse Exchange Traded Funds (<em>ETFs</em>) which is similar to having many short positions of different derivatives.
