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ELEN [110]
3 years ago
13

Cindy is taking out a loan today. The cash amount that she is receiving is equal to the present value of the lump sum payment th

at she will be required to pay two years from today. Which type of loan is this
Business
1 answer:
algol133 years ago
7 0

Answer:

Pure discount

Explanation:

Cindy is taking a pure discount type of loan. A pure discount loan is the promise to pay a certain sum of money in the future in exchange for borrowing money today. Cindy gets money today and repays a single lump sum at a future date. A pure discount loan is where the principal is paid back at a future date without any periodic interest payments

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Earnings per share should always be shown separately for:.
Citrus2011 [14]

Answer:

income before extraordinary items

7 0
2 years ago
An employee at a company is suffering from severe back injury, which is a covered disability. The employee comes to know of a va
lana [24]

Answer:

The correct option is B.

Explanation:

The Americans with Disabilities Act (ADA) was passed in 1990, and it was passed with the intention of putting an end to discrimination based on a disability.

From the scenario given above, the Americans with Disabilities Act (ADA) covers the employee. Therefore, the employee must not be discriminated against in relation to a vacant position in the company, provided he/she is qualified.

We can see from the options provided, that options A, C, and D possess some form of discrimination, and only option B has no form of discrimination, rather it considers that the employee can apply for an open position as long as he/she is qualified.

6 0
3 years ago
An economist left her $100,000-a-year teaching position to work full-time in her own consulting business. In the first year, she
Mazyrski [523]
D. Accounting loss but not an economic loss
6 0
3 years ago
You would like to combine a risky stock with a beta of 1.5 with U.S. Treasury bills in such a way that the risk level of the por
Deffense [45]

Answer:

33.33%

Explanation:

Let weight of T-bill be x, therefore weight of stock will be 1-x

Portfolio = Weight of stock*Beta of stock + Weight of T-bills*Beta of T-bills

1 = (1-x)*1.5 + x*0

1 = 1.5 - 1.5x

x = 0.5/1.5

x = 0.3333

x = 33.33%

Therefore, the percentage of the portfolio invested in treasury bills is 33.33%.

5 0
3 years ago
Bank A quotes a bid rate of $.300 and an ask rate of $.305 for the Malaysian ringgit (MYR). Bank B quotes a bid rate of $.306 an
alexdok [17]

Answer:

B. $1,639 ​

Explanation:

To do arbitraje we will ask at Bank A for $0.305

and then bid in Bank B at $0.306

As the transactions has no cost we are doing a profit by using the exchange as they allowed. Doing this procedure will at some point eliminate the difference in exchange rate for these bank as the purchase will rise the ask rate for Bank A and the sale will decrease the bid rate.

500,000 \times \frac{0.306}{0.305}

Total: 501639,3442622951

The profit will be for: 501,639.34 - 500,000 = 1,639.34

7 0
3 years ago
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