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2 years ago

How do you write a check?

1 answer:

7 0

Current date in the top right-hand corner in most cases, you’ll use today’s date.On the line that says pay to the order of write the name of the person or organization you’re paying. Write the amount of your payment in the small box on the right hand side. Write out the amount using words to avoid fraud and confusion. Sign the check legibly on the line in the bottom-right corner. If you like include a note

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When one person seeks to satisfy his or her own interests regardless of the impact on the other parties to the conflict, that pe

Dimas [21]

Answer:

Option A is correct one.

Competing

Explanation:

When one person seeks to satisfy his or her own interests regardless of the impact on the other parties to the conflict, that person is using the conflict-handling intention of Competing.

When one person seeks to satisfy his or her interests regardless of the impact on the other parties to the conflict, he is competing. The competition involves authoritative and assertive behaviours.

8 0

3 years ago

1. Suppose you borrow money at a nominal interest rate of 14%. At the time you borrow the money, you expect inflation to be 8%.

tino4ka555 [31]

Answer:

1) 6% , 2) 5% , 3) As inflation rate ise higher than expected inflation rate, real interest rate would be lower than expected real interest rate

Explanation:

Real Interest Rate is the interest rate, which accounts for the impact of inflation.

Real Interest Rate = Nominal Interest Rate - Inflation

1) 14% - 8% = 6%

2) 14% - 9% = 5%

3) In case of variation in expected & actual inflation rate

1 + nominal interest rate = (1 + real interest rate) (1 + expected inflation rate)

1 + 14% = (1 + r) (1 + 3%)

1.14 = (1 + r) (1.03)

1.14 = 1.03 + 1.03r

0.11 = 1.03r

r = 8.82 {If inflation is higher at 9%}

If inflation could have been at expected 3%, real interest rate could have been 14% - 3% = 11%.

So : As inflation rate turned out to be higher than expected inflation rate, real interest rate turned out to be lower than expected real interest rate

7 0

2 years ago

A simple optimal portfolio problem is the cash matching problem.

liraira [26]

Answer:

The units of the 5-year zero coupon bond that should be purchased in the optimal portfolio is:

= 6 units

Explanation:

a) Data and Calculations:

Spot rates = 5% annually

Yield of a 1-year zero coupon bond = 5%

Yield of a 2-year zero coupon bond = 5%

Yield of a 3-year zero coupon bond = 5%

Yield of a 4-year zero coupon bond = 5%

Yield of a 5-year zero coupon bond = 5%

Yield of a 6-year up to a 10-year zero coupon bond = 5%

Future Monetary Obligations:

YEAR 1 2 3 4 5 6 7 8 9 10

OBLIGATION 100 200 300 400 500 600 700 800 900 1000

PV factor 1.05 1.1025 1.1576 1.2155 1.2763 etc.

Present value of a 5-year zero coupon bond = $78.35 ($100/1.2763)

Number of units of the 5-year zero coupon bond that should be purchased in the optimal portfolio = 6.382 ($500/$78.35)

= 6 units

5 0

2 years ago

On 12/31/Year 1 Passey Co. acquired a 100% interest inSolomon Co. by exchanging 10000 shares of its common stock for100000 share

Pie

The consolidated financial statements of Passey Co. as of December 31, Year 1 would report plant assets at iii. $1,955,000.

Data and Calculations:

Passey Co.s shareholding in Solomon Co. = 100%

The fair value of Solomon's = $3.50

The fair value of Passey's = $9

Solomon Co.

Book Values Fair Values

Current assets $115,000 $115,000

Plant assets 200,000 255,000

Liabilities 10,000 10,000

Passey Co.

Plant assets $1,700,000 $1,800,000

Consolidated Plant Assets:

Passey Co. Solomon Co. Consolidated

Number of shares exchanged 10,000 100,000

Plant assets $1,700,000 $255,000 $1,955,000

Thus, the consolidated financial statements of Passsey Co. as of December 31, Year 1 would report plant assets at iii. $1,955,000.

Learn more: consolidating plant assets of parent and subsidiary here: brainly.com/question/24635717

3 0

2 years ago

The Tanner Company's April 30 pre-reconciliation cash balance on its books was $35,000. While preparing the April 30 bank reconc

siniylev [52]

C. $38,950 hope this helped stay safe

4 0

3 years ago