Answer:
True
Explanation:
In the marketing mix, the process of moving products from the producer to the intended user is called place. In other words, it is how your product is bought and where it is bought. This movement could be through a combination of intermediaries such as distributors, wholesalers and retailers.
Answer:
management has not explained its business purpose
Explanation:
Since in the question it is mentioned that the firm is engaged in the new financial transaction that contains the material impact on the earnings so this represents that it could be come under the pre existed accounting standards.
Also everyone should be aware of the business purpose plus it is not established for changing off the financial statements
So it would be suspicious because the purpose of the business could not be explained
Answer:
B. I and II only
Explanation:
I. Regulatory changes allowing institutions to offer more services II. Technological improvements reducing the cost of providing financial services
Answer:
$1059.98
Explanation:
To determine the clean price, we have to first find the accrued interest.
Accrued interest = (coupon rate × par value/2) × period (months to next coupon date/12)
accrued interest = $96/2 x 5/12
accrued interest = $48 × 0.417
= $20.016
Our dirty price = $1080
clean price = dirty price - accrued interest
clean price = $ (1080 - 20.016)
Clean price = $1059.98
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