Answer:
C) 0.5 USD
Explanation:
Swap is an arrangement in which two parties exchange their interest rates for mutual benefit. One party may receive fixed rate and other will receive floating rate based on LIBOR. In the given scenario the swap agreement was originated when the LIBIOR was 3%. The fixed rate was set to be at 4% so the net gain at the time of inception was 1%. When LIBOR increased after six month the net gain declined to only 0.5%.
I would suppose that it is because the beef stock wouldn't take as long to cook if you cut it smaller.
Answer:
D) $25,000
Explanation:
Even though Dana and Larry are married, since they are filing separate tax returns, then all the income that Larry must declare are his $25,000 earned as rental income.
If they were filing together, then they would declare $70,000 as combined income (= $25,000 + $45,000).
Correct question:
A winning formula for many ________ brands is craftsmanship, heritage, authenticity, and history, often critical to justifying a sometimes extravagant price.
A) design
B) non durable
C) durable
D) ingredient
E) luxury
Answer:
E, luxury
Explanation:
When a product is being purchased irrespective of it price, the manufacturer is said to have found a winning formula.
from the above question, a luxury item that is authentic with an history behind it as well as exccellenct craftsmanship amongst other things ensure that the item is continually sold no matter what price it is.
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