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kondor19780726 [428]
3 years ago
13

Commercial paper is issued with maturities that do not exceed 270 days because: A. Companies do not want to pay high interest ra

tes B. Companies use it to fund working capital needs C. Usually the collateral consists of short-term assets D. It exempts the borrowing from SEC regulation
Business
2 answers:
Archy [21]3 years ago
7 0

Answer: D. It exempts the borrowing from SEC regulation

Explanation:

Commercial paper could be defined as a short term debt instrument given to investors by large cooperatives with the aid of raising funds and are backed up by good credit. They do not require any collateral for the process. Most firms may have lack of or a reduced capital to fund their projects so they make use of the commercial paper as it enables them to collect money from large cooperatives within 270 days and also helps them avoid SEC regulation

Vanyuwa [196]3 years ago
3 0

Answer:

D. It exempts the borrowing from SEC regulation

Explanation:

Commercial paper is a short-term debt instrument. Companies can borrow money by issuing it to investors. It is unsecured, meaning collateral does not back it up. ... As long as the maturity is less than 270 days, you do not have to register the debt with the SEC.

A Commercial Paper is a money-market security issued (sold) by large corporations to obtain funds to meet short-term debt obligations (for example payroll), and is backed only by an issuing bank or company promise to pay the face amount on the maturity date specified on the note.

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Which step in the STP process develops descriptions of the different segments, which helps firms better understand the customer
timurjin [86]

Answer:

d. Evaluate segment attractiveness

Explanation:

The STP process helps to find your customers and decide the best way to target them. The step of the process that develops descriptions of the different segments is evaluate segment attractiveness as in this step the description of the segments along with market information and research results are generated to evaluate each segment.

6 0
3 years ago
The doritos' customer-created super bowl commercials are an example of _________.
Nikolay [14]
<span>Ans : The doritos' customer-created super bowl commercials are an examole of : Crowdsourcing Crowdsourcing is the process of getting work or funding, usually online, from a crowd of people. The word is a combination of the words 'crowd' and 'outsourcing'. The idea is to take work and outsource it to a crowd of workers. Crowdsourcing was coined in 2005 as a portmanteau of crowd and outsourcing.</span>
3 0
3 years ago
What are two examples of management information systems?
Anettt [7]

Answer:

process control systems, human resource management systems, sales and marketing systems, inventory control systems, office automation systems, enterprise resource planning systems, accounting and finance systems and management reporting systems.

Explanation:

8 0
2 years ago
On May 7, Jernigan Company purchased on account 640 units of raw materials at $15 per unit. During May, raw materials were requi
Tema [17]

Answer:

Date               Account Title                                              Debit               Credit

May 7             Materials                                                 $9,600

                      Accounts Payable                                                            $9,600

<u>Working:</u>

= Units purchased * cost per unit

= 640 * 15

= $9,600

As the goods were purchased on account, they will be sent to accounts payable. Materials are assets so they will be debited when acquired.

3 0
3 years ago
Mel suddenly finds an opportunity to sell boxed dinners. The new opportunity would require the use of the 30 percent unused capa
Llana [10]

Answer:

a) Total cost for making and buying the cookies = $900

b) Yes, she should continue to buy the cookies

Explanation:

Number of meals of order received = 300 meals

<u>Relevant cost:</u>

Variable cost per meal produced =

     (cost of meal produced - Gross product)/Annual contribution margin

Variable cost per meal = (13500 - 4500)/3000

Variable cost per meal = 9000/3000

Variable cost per meal = $3

Total cost = cost per meal * number of meals

Total cost = 300 * 3 = $900

Total cost for making and buying the cookies = $900

b) Should Mel continue to buy the cookies?

Selling price = $3.50

Relevant cost = $3.00

Profit per meal from special request = $3.50 - $3.00

Profit per meal from special request = $0.50

Since she is making a profit of $0.50 per meal, she should continue to buy the cookies

5 0
2 years ago
Read 2 more answers
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