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Sholpan [36]
4 years ago
5

Gwen deposits $5,000 with Home Bank on July 1, 2018. Home Bank promises to repay Gwen the $5,000 plus 1 percent annual interest

on July 1, 2023. Home Bank has issued Gwen
a. ​a certificate of deposit.
b. ​a check.
c. ​a nonnegotiable instrument.
d. ​a trade acceptance
Business
2 answers:
Allisa [31]4 years ago
7 0

Answer:

certificate of deposit

Explanation:

A certificate of deposit (CD) is a financial instrument sold by banks

The bank gives this CD to Gwen. She cannot withdraw the cash until July 1, 2023

The certificate of deposit are risk-free investment. The difference with savings account is that a certificate of deposit has a fixed term and fixed interest rate and it is create with the idea of holding the title until maturity. Not doing so, may inccur in penalties so a portion of the interest will be negate.

As this is a financial instrument, the bank issued a title to the investor to recognize his investment.

nirvana33 [79]4 years ago
3 0

Answer:

a. ​a certificate of deposit.

Explanation:

Gwen deposits $5,000 with Home Bank on July 1, 2018. Home Bank promises to repay Gwen the $5,000 plus 1 percent annual interest on July 1, 2023. Home Bank has issued Gwen ​a certificate of deposit.

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Answer:

bondholders will receive 8% of $1,000 = $80

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The price of the bond varies depending on the yield to maturity, resulting in higher or lower gains for bondholders, but the actual cash amount received will always be equal to the coupon rate.

The same applies to the issuer of the bond, it may receive more or less money depending on the market rate, which increases or decreases interest expense, but the amount of money paid is always the coupon rate.

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How long a company holds inventory before selling it can be measured by dividing cost of goods sold by the average inventory bal
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The Inventory Turnover Ratio, which can be calculated by dividing the cost of goods sold by the average inventory balance, can be used to measure how long a company keeps inventory before selling it.

Businesses may make better judgments in a range of areas, such as pricing, production, marketing, purchasing, and warehouse management, by measuring and calculating inventory turnover. In the end, the inventory turnover ratio measures how well the business makes sales from its inventory.

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2 years ago
Under variable costing, costs that are treated as period costs include: A. only fixed manufacturing costs. B. both variable and
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Explanation:

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Are treated as expenses and impact entirely on the net income

In other method some fixed cost are capitalzied through inventory but, in variable costing is not the case.

The only capitalized cost are the variable cost using this method.

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The presence of good infrastructure in a country enhances innovation and production and this can lead to market growth.

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I hope my answer helps you

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