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kondor19780726 [428]
2 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]2 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]2 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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Isabella takes $100 of currency from her wallet and deposits it into her checking account. If the banks add the entire $100 to reserves, the money supply increases, but if the bank lends out some of the $100, the money supply decreases.
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2 years ago
Preparing an Overhead Budget Patrick Inc. makes industrial solvents. Budgeted direct labor hours for the first 3 months of the c
Sergio [31]

Answer:

January:

Total overhead= $11,948

February:

Total overhead= $11,360

March:

Total Overhead= $13,302.5

Explanation:

Giving the following information:

Budgeted direct labor hours for the first 3 months of the coming year are:

January= 13,140

February= 12,300

March 15,075

The variable overhead rate is $0.70 per direct labor hour. Fixed overhead is budgeted at $2,750 per month.

To calculate the total overhead for each month, we need to sum the total variable overhead and the fixed overhead. <u>Total variable overhead is the result of applying the variable overhead rate multiplicated with the direct labor hour.</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

January:

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February:

Total overhead= (0.70*12,300) + 2,750= $11,360

March:

Total Overhead= (0,70*15,075) + 2,750= $13,302.5

3 0
3 years ago
Bear Tracks, Inc., has current assets of $2,280, net fixed assets of $10,400, current liabilities of $1,405, and long-term debt
Vera_Pavlovna [14]

Answer: $7185

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As per the subject matter of accounts, every asset that is owned by an organisation is either financed by the available funds or some liability is taken to buy it. This could be illustrated as follows :-

assets =  shareholders equity + liabilities

Putting the values into equation we get :-

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shareholders equity = $7185

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3 years ago
What is an accurate definition of experience?
sasho [114]

Answer: A)the collection of things a person has done

Explanation: just answered it EDGE 2021

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2 years ago
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mr Goodwill [35]

Answer: Opportunity cost

Explanation:

The economic principle best embodied by this story is the opportunity cost. Opportunity cost is the cost of what one forgoes when one takes an alternative decision.

In this case, the opportunity cost of him visiting his aunt will be the lost opportunity which he could have used to watch his brother play.

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