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3 years ago

A 180-day $3 million CD has a 4.25 percent annual rate quote. If you buy the CD, how much will you collect in 180 days?

Business

1 answer:

Katarina [22]3 years ago

8 0

Answer:

$3,063,750

Explanation:

A 180 day $3,000,000 CD

Annual rate = 4.25%

Collection in 180 days = ?

$3,000,000 * 4.25% * 180/360

= $3,000,000 * 0.02125

= $63,750

Total amount to collect after 180 days = $3,000,000 + $63,750

Total amount to collect after 180 days = $3,063,750

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A manufacturer sells a product for $5 per unit to a wholesaler who sells it at a markup of 60%, based on manufacturer selling pr

Kay [80]

Answer:

Option (b) 25% muc, 20% musp

Explanation:

Data provided in the question:

Selling cost of manufacturer = $5

Markup by wholesaler = 60%

Amount added by retailer = $2

Now,

Selling cost of wholesaler = $5 × (1 + Markup)

= $5 × (1 + 0.60)

= $8

thus,

Selling price of retailer = $8 + $2 = $10

Therefore,

%muc retailer = [ Amount added by retailer] ÷ [Selling price of wholesaler]

= $2 ÷ $8

= 0.25 or 25%

%musp retailer = [ Amount added by retailer] ÷ [Selling price of retailer]

= $2 ÷ $10

= 0.20 or 20%

Hence,

Option (b) 25% muc, 20% musp

6 0

4 years ago

Benchmarking involves:

creativ13 [48]

Answer:

1. comparing how different companies perform various value chain activities and then making cross-company comparisons of the costs and effectiveness of these activities.

Explanation:

Benchmarking -

It is the method of comparing the business performance and the process like the cost , time and quality .

Benchmarking is also known as process benchmarking , or , best practice benchmarking .

It is the comparison among various companies , that how the company performs various value chain activities .

Hence , from the question , the correct statement for the given term is ( 1. ) .

5 0

3 years ago

Suppose you return to college and earn an MBA, after which you get an upper-management position with Yum! Brands. If your starti

rosijanka [135]

Answer:

Therefore, it is more than $8,800. So, the correct answer is B

Explanation:

In the year 2016, Social insurance tax was 7.65%

From 7.65%, 6.20% applicable for social security tax upto the income of $118,500 and 1.45% to Medicare for all the earnings.

Aggregate income = $125,000

Social security tax = $118,500 × 6.20%

= $7,347

Medicare tax = $125,000 × 1.45%

= $1,812.5

Total Social insurance tax = Social security tax + Medicare tax

= $7,347 + $1,812.5

= $9,159.50

Therefore, it is more than $8,800. So, the correct option is B

3 0

3 years ago

A portfolio manager liked a new product that included a swap, a financial derivative. Since he had the authority, he proceeded w

xxMikexx [17]

Answer:

b . task significance

Explanation:

As the portfolio manager proceeded a new product swap without asking any other departments due to which back-office became upset with the difficulty of handling that product, this team approach must be improved communication which eliminate the unawareness regarding new product adopted by an organization and Task Significance which is very beneficial for measuring of impact that determines an amount to which an employee’s assessable and identifiable duty affects tasks of different employees within or outside the organization.

6 0

3 years ago

The ledger of Rios Company contains the following balances after adjustments: Retained Earnings $30,000; Dividends $2,000; Servi

ch4aika [34]

Answer:

Service Revenue 50,000 debit

Income summary 50,000 credit

--to close revenues accounts--

Income summary 34,000 debit

Salaries and Wages Expense 27,000 credit

Supplies Expense 7,000 credit

--to close expenses accounts--

Income summary 2,000 debit

Dividends 2,000 credit

--to close dividends account--

Income summary 14,000 debit

Retained Earnings 14,000 credit

Explanation:

To close the temporary accounts which are, revenues, expenses and dividends we will use an auxiliary account called Income Summary

Then, once all are closed we transfer their balance into retained earnings:

Income summary

DEBIT CREDIT

50,000

34,000

Balance 14,000

7 0

3 years ago