The government is paying 10% in interest.
What interest on Treasury bills?
The interest on Treasury bills compares the interest earned by the investor to the face value of the T-bill, in other words, it is determined as the interest(i.e. face value-purchase price) divided by the face value.
From an investor's perspective, I mean the person buy purchasing the T-bill, his rate of return is the interest divided by the amount invested, which is the purchase price.
Interest=face value-purchase price
face value=$1,000
purchase price=$900
interest=$1000-$900
interest=$100
government's interest rate=interest/face value
government's interest rate=$100/$1000
government's interest rate=10%
In other words, the government by a way of issuing the bills is paying interest of 10% to the lenders
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I'm pretty that would be: A.) True.
Answer:
The answer is: $350,000
Explanation:
When Alin Co. establishes the total cost of the building it just purchased, it must include all of the following:
- building's purchase value $300,000
- associated closing costs $30,000
- building improvements and renovations $20,000
So the total cost of the building is $300,000 + $30,000 + $20,000 = $350,000
Answer:
c. $500,000.
Explanation:
Market Corporation has a basis in the land of $500,000.
We are told in the question that ''Market Corporation completely liquidates Subsidiary Corporation, receiving land with a $400,000 adjusted basis and a $500,000 Fair Market Value''
In the event of liquidation the value of an asset is no longer its carrying amount or book value but rather the amount at which the asset can be disposed which is the fair market value.
Answer:
triple bottom line
Explanation:
Companies increasingly strive to achieve the triple bottom line performance when formulating their corporate strategy. The triple bottom line (TBL) is a framework used in business that focuses on equally on social/environmental concerns as well as profits, thus creating three equal points of interest (bottom lines) which are profit, people, and the environment. This leads to a successful and balanced company.