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ad-work [718]
2 years ago
13

. If a T-bill promises to repay $10,000 in one year and the market interest rate is 6 percent, how much will the bill sell for i

n the market?
Business
1 answer:
ira [324]2 years ago
3 0

Answer:

market price = $9,433.96

Explanation:

a T-bill is basically a zero coupon bond, and the formula we can use to calculate its market price is:

market price = face value / (1 + i)ⁿ

  • face value (value at maturity) = $10,000
  • i = 6%
  • n = 1

market price = $10,000 / (1 + 6%) = $10,000 / 1.06 = $9,433.96

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Preferred stock which confers rights to prior periods' unpaid dividends even if they were not declared is called:
Zanzabum
<span>Preferred stock which confers rights to prior periods' unpaid dividends even if they were not declared is called: </span>Cumulative preferred stock
In cumulative preferred stocks, the amount of dividend usually given on a fixed-rate annually. But, it shall always be set aside before calculating the dividend for the common stock and the amount will be accrued for the next period if the dividend is not paid on current period.
6 0
3 years ago
Suppose that the adult population in the country of Atlantis is 140 million. If 90 million people are employed and 10 million ar
Lelu [443]

Let's assume that Atlantis has 140 million adult residents. If there are 90 million employed people and 10 million unemployed people, that leaves 40 million people out of the labor force.

What does the term "labor force" mean?

All people who meet the criteria for inclusion among the employed or unemployed make up the labor force, also known as the population that is currently engaged in labor-force activities. The term "employed" refers to people who work for pay or profit at least one hour per week or who hold a job but are momentarily off the clock due to illness, vacation, or a strike. The armed forces include anyone who served in the armed forces during the time in question, whether they were stationed in the metropolitan territory or elsewhere, and was selected from the pool of all workers available.

Know more about unemployed people visit:

brainly.com/question/13546318

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6 0
10 months ago
Assume an increase in global agricultural production of food due to technology while global population remains the same. Due to
MA_775_DIABLO [31]

Answer:

The equilibrium price falls and quantity increases

Explanation:

When the supply of food rises without a corresponding increase in demand , there would be an excess supply.

When there's excess supply, prices fall and the quantity produced rises.

I hope my answer helps you

6 0
2 years ago
Which of the following statements is CORRECT?
zaharov [31]

Answer:

If a company pays more in dividends than it generates in net income, its retained earnings as reported on the balance sheet will decline from the previous year's balance.

Explanation:

The dividend is shown while preparing the retained earning statement. So, it does not affect the net income.

The highly liquid marketable securities does not show a decline in the current assets

If the long term bonds are issued to purchase fixed assets it would show under the long term liabilities and the long term assets rather than the current assets and the current liabilities

Account receivable are reported in the current assets rather than the current liabilities

We know that

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

If the dividend amount is more than the net income so the ending balance of retained earning will decline than its beginning year balance.

3 0
2 years ago
Read 2 more answers
The Blanket Company (TBC) manufactures two types of blankets. One is made of nylon. The other is made of wool. The budgeted per-
Ksenya-84 [330]

Answer:

contribution margin of nylon blankets = $64

contribution margin of wool blankets = $120

annual fixed costs = $743,000

sales mix = 75% nylon blankets, 25% wool blankets

weighted contribution margin = ($64 x 75%) + ($120 x 25%) = $78

if TBC wants ot make $115,000 in profits it must sell:

= ($743,000 + $115,000) / $78 = 11,000 units

TBC must sell 2,750 wool blankets and 8,250 nylon blankets.

The Blanket Company (TBC)

Income Statement

Sales revenue                   $1,804,000

Variable costs                    <u>($946,000)</u>

Contribution margin            $858,000

Fixed costs                         <u>($743,000)</u>

Operating income                $115,000

4 0
3 years ago
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