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Answer:
I. Mature in one year or less.
Explanation:
Money market securities matures in one year or less. It is not assured that principal amount will be safe and government does not guarantee for these securities but they ensure through regulatory bodies that these securities must have a minimum credit rating to be traded in the market. So option I is correct.
Answer:
The correct answer is option B.
Explanation:
The Cost of Property is given at $ 216,000
.
The MACRS rates are 0.2, 0.32 and 0.192 for years 1 to 3 respectively.
Depreciation for the year 1 will be
= $216,000*0.2
= $43,200
Depreciation for the year 2 will be
=$216,000*0.32
=$69,120
Total Depreciation for the year 1 and 2 will be
=$43,200+$69,120
=$112,320
The book value of this equipment at the end of year 2
=$216,000-$112,320
=$103,680
On checking the above value with Answer B that is
=$216,000*(1-0.2-0.32)
=$216,000*0.48
=$103,680
Answer:
The number of new shares = 6
Explanation:
Dividend is the proportion of profit paid by a company to its shareholder as a form of return on their investment. Another form of return on share investment is the capital gain; which is the difference between the selling price of a share now and its cost when it was purchased.
<em>For Jodi, we need to first calculate the amount of dividends earned on the total shares she owns. And then divide the result by the current purchase price of a share to arrive at the number of shares she can buy more.</em> This is done as follows:
Total dividends = 112× 0.80 = $89.6
Current price of a share = $16.20
THe number of shares that can be purchased= 89.6/16.20=5.5
The number of new shares = 6
Answer:
c. Drill Down
Explanation:
Drill Down -
It is method of organising the data or information in the tabular , multidimensional and relational form , is referred to as drill down.
It is also known as data drilling .
The method is adapted in many fields to arrange the data in a convenient manner .
Hence , from the given scenario of the question ,
Jerry is using Drill Down .
