Answer:
Neither I nor II are correct
Explanation:
I. The nominal interest rate is also referred to as the APR or the stated rate.
This statement is not true because nominal interest rate is different from the annual percentage rate (APR).
A nominal interest rate is basically the interest rate is charged by banks or other financial institutions on a loan, and other expenses on the loan are not added to the interest when interest rate is being determined.
On the other hand, APR is nominal interest rate plus other expenses incurred in other to get the loan.
Therefore, nominal interest rate is usually lower than the APR. This makes them to be different.
II. You should use the nominal interest rate to compare two alternative investments/loans with different compounding periods.
This statement is not correct.
The interest rate is used to to compare two alternative investments/loans with different compounding periods is the effective interest rate.
The effective interest rate is the actual amount of interest rate that a lender or an investor earned on his loan, investment because of compounding that is done during a specific period of time. The effective annual interest rate is the interest rate that is employed to compare different investment products because, unlike other interest rate, compounded interest are estimated differently by it.
Therefore, Neither I nor II are correct.
I wish you the best.
Answer:
A multiple-step income statement with earnings per share disclosure is made and attached with this answer in pdf format.
Explanation:
Multistep income statement prepared by calculating income in multiple steps
First gross income is calculated by deducting gross income from sales value.
Then operating income is calculated by deducting the total operating expenses from the gross profit.
The non-operating income and expenses are adjusted in the operating income to calculate the income before tax.
Then income tax is deducted to arrive at net income for the period.
The net income is dividend by the outstanding numbers of shares to calculate the earnings per share.
Answer:
False
Explanation:
In order to creat great employee engagement it is higly desirable that personal values and work values are related.
Answer:0.0548
Explanation:
Let x denotes the random variable that represents the amount of drink in cups.
As per given , we have
Since 
The z-value corresponds to x=224
Required probability :
P-value : 
Hence, the fraction of the cups will contain more than 224 milliliters = 0.0548
Answer:
The solution of the given query is provided below in the explanation segment.
Explanation:
(a)
The diagram according to the given query is attached below.
(b)
Given:
Investor sells,
= 200 shares
at,
= $5.25
Strike price,
= $5
Premium,
= $0.50
If the price is less than $5 is $.75 per share,
The investor's gain will be:
= 
= 
($)
(c)
The investor would earn under $5.25 upon expiry, as longer as the spot price becomes less.
