Answer: b. 10 year treasury notes
Explanation:
All options listed are backed by the US Government so the couple will not have to worry about any of these options not paying them in time for their kids to go for college.
The best option would be the 10 year Treasury notes because the other options either mature way sooner than the 15 required years ( treasury bills mature in a year) or after the required 15 years ( 20 and 30 year treasury bonds).
When the 10 year note matures in 10 years, the proceeds if not enough, can be further invested in a 5 year note thereby ensuring that the payment for college will be received in 15 years.
Answer:
The external financing requirement is $ 1.2 million.
Explanation:
The accounting equation is asset = liability +equity. In simple words any increase in one side of balance sheet (i.e asset) will result in increase in other side of balance sheet (i.e equity + liability) and vice versa.
So if assets are projected to increase by $ 2.7 million than equity and liability is also required to increase by same. As equity is increased by $ 1.5 million, the liability/external financing is calculated as follow
Asset = Liability + Equity
Liability = $ 2,700,000- $ 1,500,000
Liability = $ 1.2 million
Answer:
Purchase discounts is a contra revenue account. Revenue accounts carry a natural credit balance; purchase discounts has a debit balance as a contra account. On the income statement, purchase discounts goes just below the sales revenue account.
Answer and explanation:
Implementation of projects is important to strategic planning and the project manager because it finds out how successful a project could be according to the goals set to accomplish the objective. In the process, it unveils issues and challenges that were not anticipated that can be solved in time, providing the desired or a better version of the output wanted.
b. percentage change; quantity demanded; percentage change; price
