The dollar-weighted annual yield for this nine-month period is -2.7%.
<u>Solution:</u>
The investment of deposit on April 1 (Feb, March = 2 months)
The investment of deposit on May 1 (Feb, March, April = 3 months)
Therefore, Dollar-weighted annual yield for this nine-month period,
On plugging-in the values,
In percentage notation,
Answer:
b. the budget is adjusted to the actual activity for the period.
Explanation:
A flexible budget performance report is a comparison between actual costs and revenues, and the budgeted income and expenses at the end of a period, based on actual performance. The report shows the difference between the actual results and the estimated numbers. Management uses the report to determine if the company's results were in line with management expectations.
The performance report is prepared at the end of a financial period. It helps the management analyse any major variances between the actual performance at the estimated numbers at the beginning of a period. The report helps the management identify the companies strong areas, and the sections that need improvements.
Before purchasing the said product, it is only essential for
the person to consider the components of the IS which are five before having to
buy the product as this will ensure whether the product has passed and could be
of benefit towards to people who are going to buy it and if it is function-able.
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Answer: No interest will be paid
Explanation:
Once full payment is made before the due repayment date on credit card, interest is not charged.
Answer: A
Explanation: by purchasing supplies and services as a group
