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seraphim [82]
3 years ago
12

Which of the following statements is CORRECT?

Business
1 answer:
Talja [164]3 years ago
8 0

Answer:

Which of the following statements is CORRECT?

a. Operating income is derived from the firm's regular core business. Operating income is calculated as Revenues less Operating costs. Operating costs do not include interest or taxes.

Explanation:

Operating income is an accounting figure that measures the amount of profit realized from a business's operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS).

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If the YTM on a 20 year T-bond is lower than the YTM on a 3 month T-bill, then, according to the expectations hypothesis theory,
jek_recluse [69]

Answer:

The correct option is C,investors expect future short rates to be lower than the current 3 month interest rate.

Explanation:

The yield to maturity is the effective interest rate on a debt obligation which implies the actual return that investors receive by investing in bonds.

The yield to maturity is different from the coupon interest which is the actual amount of cash receivable by investors periodically.

Specifically,a higher yield on short term T-bill means that investors expect that the future interest rates on long-term dated bonds to be much lower.

This is due to the fact the longer the time to maturity the more uncertain the interest rates in the bond markets become.

6 0
3 years ago
Use this information for Magnum Company to answer the following question. The following totals for the month of April were taken
natita [175]

Answer:

Debit to pay roll tax expense for $1,170

Explanation:

Based on the information given The journal entry to record the accrual of the employer's payroll taxes would include a DEBIT to pay roll tax expense for $1,170 which is calculated as:

FICA taxes withheld 750

Add Unemployment taxes 420

Debit to pay roll tax expense for $1,170

(750+420)

8 0
3 years ago
Kendall Gardner agreed to buy a specially built shaving mill from B&C Shavings. He planned to use the mill to produce wood s
zaharov [31]

Answer: This is not an enforceable contract, because they is no agreement of what will happen if any of the party failed to fullfil it's obligation in the contract agreement.

Explanation: An enforceable contract is a legal agreement between two or more parties, which is backed by the law.

The agreement between Kendall Gardner and B&C shavings is not an enforceable contract because it would be defrauding for Kendall Gerdner to loss $25,860 paid to B&C shavings, just because they can't complete it's payment. It will also be unfair to B&C shavings since their have spend it's money to build the shaving mill.

Their contract agreement lacks what should be done if any party failed to fullfil its own part in the agreement.

B&C shavings doesn't have the right to withhold Kendall Gardner down payment, as it's not agreed in their contract.

7 0
3 years ago
A study was performed to examine personal goals of children in grades 4, 5, and 6. a random sample of students was selected in v
natka813 [3]

I would guess be good at sports or be popular because in 4th and 5th grade there are no grades

3 0
4 years ago
What is the most richest person on earth.
irinina [24]

Answer:

Jeff Bezos

Amazon founder and CEO Jeff Bezos has a net worth of $188.3 billion and ranks as the richest person on the earth today

Explanation:

3 0
3 years ago
Read 2 more answers
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