Treasury bills are a favorite place for financial managers to invest excess cash because of the sizable and vibrant market in which they are traded.
<h3>What are treasury bills?</h3>
Treasury bills are referred to as short-term securities issued by the government when they require cash. In comparison to their face value, bills are offered at a discount.
As a result, the investor can choose any term from one day to a year, literally defining the desired maturity. Maximum liquidity is offered by the "T-bill" market, which may take on practically any volume of activity.
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The given query is an example of a "Proactive approach".
- Perhaps the strategy to eliminate issues at an early stage, as well as a reactionary model, is founded on dealing with the situation afterward they occur, is a Proactive approach.
- Throughout this technique, the company fulfills its law as well as philosophical duties and offers society possibilities that solely take account of its corporate responsibility without consciousness or individual self.
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Answer:
The expected total cost of the units produced is d)$42,000
Explanation:
Total fixed cost = Fixed cost per unit x units are plan produced = $3 x 5,000 = $15,000
Total fixed cost is not change.
Production is actually 4,500 units. Variable cost per unit is budgeted to be $6.00
Total Variable cost = Variable cost per unit x units are actually produced = $6 x 4,500 = $27,000
Total cost = Total Variable cost + Total fixed cost = $27,000 + $15,000 = $42,000