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Temka [501]
3 years ago
8

A​ lump-sum purchase or basket purchase involves paying a single price for several assets as a group.

Business
1 answer:
il63 [147K]3 years ago
7 0

Answer:

TRUE

Explanation:

A basket purchase is the acquisition of a number of assets as a group, in a single purchase transaction. This is common when the basket purchase is lower than the price charged for individual assets.

You might be interested in
A 15-year 3 1/4% Treasury Bond is quoted at 100-12 - 100-16. The bond pays interest on Jan 1st and Jul 1st. A customer sells 5M
trasher [3.6K]

Answer:

The multiple choices are:

$5,006.00

B $5,018.75

C $5,025.00

D $5,028.75

The correct option is B,$5018.75

Explanation:

The key to unlock this question is to know that government securities are usually quoted in 1/32 nds ,which means that in calculating the price  the number after 100 is is multiplied by 1/32.

1M means 1000,while 5M means 5000

The price of 5M=5000*(100+12*1/32)%

The price of 5M=5000*(100+0.375 )%

The price of 5M=$5018.75

In this case the bid price which is lower is used when selling securities to the dealer

4 0
3 years ago
Find the interest for one month on $575 at 3.1% annual interest paid monthly.​
nika2105 [10]

Answer:

$1.5

Explanation:

Interest is compounded monthly.

The applicable formula for amounts after one month is

A = P + (1 + r)^n

P = principal amount $575

r is interest rate 3.1% per year or 3.1/12 per month =0.26% or 0.0026

n= 1 month

A = $575 +( 1+0.0026)^1

A =$575x 1.0026

A= $576.495

A= $576.5

Interest earned in the month

= $576.5 -$575

=$1.5

4 0
3 years ago
Changes in tariffs and quotas are A) a means of slowing outsourcing. B) corporate strategies designed to maximize profits. C) bu
kicyunya [14]

Answer:

 E) government actions that reduce competition from international firms.

Explanation:

Quotas place a limit on the amount of goods that can be imported.

A tariff is a tax levied on imported goods.

Tariffs and quotas are imposed by the government and they limit the amount of import flowing into a country. This reduces the amount of competition from international firms.

I hope my answer helps you

6 0
3 years ago
"S Company reported net income for 2021 in the amount of $460,000. The company's financial statements also included the followin
jekas [21]

Answer:

$633,000

Explanation:

Calculation to determine net cash provided by operating activities under the indirect method

Using this formula

Net cash provided by operating activities=Net income-(+Increase in accounts receivable)-(-Decrease in inventory )+Increase in accounts payable+Depreciation expense -Gain on sale of land

Let plug in the formula

Net cash provided by operating activities=$460,000 -(+$75,000)-(-$62,000) + $230,000 +$103,000 - $147,000

Net cash provided by operating activities=$633,000

Therefore net cash provided by operating activities under the indirect method is $633,000

3 0
3 years ago
Because she wasn’t hired by Reynolds Inc. due to the burqa she wears, Fatima decided to file a complaint against the company. Wh
Hatshy [7]

Answer:

Equal Employment Opportunity Commission; it regulates that employees are not discriminated against on the basis of their religion, gender, etc.

Explanation:

Equal Opportunity Commission initiatives are designed to. improve efforts to ensure workplaces are free from. discrimination, to identify issues, criteria, and barriers. that contribute to discrimination and explore strategies to. enhance public awareness of discrimination.

The legislation protects people from discrimination on the basis of their individual attributes in certain areas of public life and provides redress for people who have been discriminated against. It also aims to eliminate, as far as possible, discrimination, sexual harassment, and victimization.

3 0
3 years ago
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