1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
timama [110]
3 years ago
11

A. How much would you pay for a Treasury bill that matures in 182 days and pays $10,000 if you require a 1.8% discount rate?

Business
1 answer:
Sonja [21]3 years ago
4 0

Answer: $9909

Explanation:

Let the amount that will be paid be represented by y. The question can now be solved as:

(10000 - y)/10000 × 360/182 = 0.018

(10000-y)/10000 = 0.018 × 182/360

(10000 - y)/10000 = 0.0091

10000-y = 0.0091 × 10000

10000 - y = 91

y = 10000 - 91

y = $9909

You might be interested in
Black Cat Corporation manufactures a product with the following full unit costs at a volume of 4,000 units: Direct materials $20
Snezhnost [94]

Answer:

Increase by $97,650

Explanation:

Increment Sale                                       $247,500

(450 * $550)

<u>Less Increment cost</u>

Direct materials                 $90,000

(450 * $200)

Direct labor                        $36,000

(450 * $80)

Manufacturing overhead   $20,250

(450 * $150 * 30%)  

Administrative expenses   <u>$3,600</u>        <u>$149,850</u>

(450 * $80 * 10%)

Profit will increase by                             <u>$97,650</u>

5 0
3 years ago
Under what circumstance would agency conflict be most likely to increase? When owners are very close to the business. When owner
IRINA_888 [86]

Answer:

When owners are separated from the business

Explanation:

Agency conflict arises when ownership is separated from management and management have to take decision to maximize wealth of owner instead of themselves.

Hence when owners are separated from the business is the correct answer.

7 0
3 years ago
Are the Hopkins eligible to claim the earned income credit?
inn [45]

Answer:

yes

Explanation:

8 0
3 years ago
Tax loopholes allow individuals and corporations to
kifflom [539]
<span>They allow individuals and corporations to legally reduce their taxable income. An example of a tax loophole is owning a church- these are non- taxable. However, a lot of private individuals have set up churches in their homes in recent years in order to avoid having to pay their usual taxes.</span>
4 0
3 years ago
It is January 2nd. Senior management of Digby meets to determine their investment plan for the year. The current long-term debt
atroni [7]

Answer:

A) Total investment for Digby will be $2,518,806

D) Long term debt will increase from $33,862,062 to $34,888,934

Explanation:

The current Long-term debt is $33,862,062

Digby issues new shares of 50,000 with stock price $20.54.

50,000 shares * $20.45 = $1,027,000

Assets of Digby will rise by,

Assets / Equity = 2.45

Assets / $1,027,000 = 2.45

Assets = 2.45 * $1,027,000

Assets = $2,516,150

6 0
3 years ago
Read 2 more answers
Other questions:
  • Joe Smith earns $72,000 per year. His bank uses a rule that PITI must be equal to or less than one third of gross monthly income
    5·1 answer
  • In november 2010 the labor force in siouxtown, was 14,800. there were 14,483 persons employed. the local unemployment rate:
    10·1 answer
  • A large group of fans are upset about the high price of tickets to many events. As a result of their lobbying efforts, a new law
    9·2 answers
  • In evaluating companies across industries, financial managers will often read the _____ as a means of interpreting the statement
    10·1 answer
  • In a market when the price of a good changes:
    11·1 answer
  • A company borrowed 10,000 by signing a 180-day promissory note 9%.the total interest due on the maturity date is: (use 360 days
    11·1 answer
  • Newman Company has both a contingent gain and a contingent loss that it judges to be highly probable to result in future cash fl
    6·1 answer
  • January 1, 2021, Smith Co. purchased common stock of North Company for $500,000. North Company has common stock outstanding of $
    9·1 answer
  • ​GEICO, the​ number-two auto insurer with ​$18 billion in revenue last​ year, spent ​$0.9 billion on advertising that year and p
    6·1 answer
  • A worker who, after unsuccessfully seeking employment for some time, becomes frustrated and stops actively seeking work is refer
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!