Answer:
It is more likely to be the balance sheet of a property and casualty insurance company.
Explanation:
The period between the posting date and the due date, this period is called the grace period. In this period the finance charges are not assessed on new credit card.
<h3>What is grace period?</h3>
A grace period is a period of time after the due date during which payment can be made without incurring any penalties. In most mortgage loan and insurance arrangements, a grace period of 15 days is included.
A grace period allows a borrower or insurance client to postpone payment for a certain time after the due date has passed.
Thus, grace period is the period between the posting date and due date.
For further details about grace period, click here:
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These are all the answers to the test
1. Debt Collection
2. A nominal ledger
3. Investment
4. A trial balance
5. All of the above
6. Income Statement
7. Cash flow Statement
8. Snapshot
9. To show managers and investors whether the company made or lost money during the period being reported.
Just took the Test and got a 100!
The answer is "-4.85%".
Year Output Input Productivity
in Packages in Drivers (Output/Input)
last year 103,000 <span>84 1226.2
this year </span><span> 112,000 96 1166.7
Percentage change = (</span>1166.7 - 1226.2) = <span> -59.5/1226.2 = 0.0485
=0.0485 x 100 = -4.85%</span>
Answer:
If RUS > RUK, then E < F ( C )
Explanation:
RUS = annual risk free rate in united states
RUK = annual risk free rate in United kingdom
F = futures price of $/BP for 1 year
E = spot exchange rate for $/BP
To get a higher the future price
this conditions must be met
The annual risk free rate of the united states must be higher than the annual risk free rate of the united kingdom. if this condition is met then the the British pound will have a forward premium ( F ) > ( E )
