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STALIN [3.7K]
3 years ago
9

Burke Co. is considering the issue of commercial paper and would like to know the yield it should offer on its commercial paper.

It believes that a 0.3 percent credit risk premium and a 0.2 percent liquidity premium are necessary to sell its commercial paper to investors. Furthermore, annualized T-bill rates are 8 percent. Based on this information, Burke should offer ____ percent on its commercial paper.
Business
1 answer:
WARRIOR [948]3 years ago
4 0

Answer:

8.5%

Explanation:

The computation of the percentage offer on its commercial paper is presented below:

= Annualized T-bill rates + credit risk premium +  liquidity premium

= 8% + 0.3% + 0.2%

= 8% + 0.5%

= 8.5%

In order to determine the percentage offer it would be 8.5% by considering all the percentage rate that is mentioned in the question

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Budgeting for Needs
DanielleElmas [232]

Answer:

From the bank statement of $23000 the needs are:

  • cell phone plan = $45
  • rent = $400
  • car insurance = $60
  • Electric bill = $60
  • car payment = $250

Explanation:

A need is something needed for an individual to live a fulfilling life without adverse effect. if a need is not fulfilled it can cause an adverse effect like sickness,death or it might cause a fine or penalty.

cell phone plan is an need because without a cell phone plan a cell phone user might be unable to communicate properly with his business associates and family who might not always be with him and he might be unable to pass along proper and timely information as well

Rent is necessary because housing is one of the most important needs of a man without rent plan there would be no proper housing

car insurance: insurance helps to reduce the burden of accidents on the car owner. if he fails to pay his insurance when due. if the car is caught up with eventualities of accident, the insurance company might not respond to him

Electric bill : this is a very important need as well in America. failure to pay the electric bill results to shortage of electricity and electricity is vital to everyday living.

car payment: the regular payment of car loans helps to escape the penalty of late payment hence this is a need.

7 0
3 years ago
The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company. Account Title Debit Credi
mariarad [96]

Answer:

Income Statment:

Trucking fees earned                 130,000

Depreciation expense—Trucks (23,500)

Salaries expense                         (61,000)

Office supplies expense               (8,000)

Repairs expense—Trucks        <u>  (12,000)  </u>

                  Net Income               25,500

Retained Earnings

Beginning       155,000

Net Income      25,500

Dividends     <u>  (20,000)  </u>

Ending            160,500

Balance Sheet:

Cash                             8,000    Accounts payable         12,000

Accounts receivable  17,500     Interest payable             4,000

Office supplies          <u>   3,000 </u>    Total current liabilities 16,000

Total Current Assets: 28,500    Long-term                     53,000

Trucks (net)               136,000   Total liabilities                69,000

Land                          <u> 85,000</u>    Common Stock             20,000

Total non-current     221,000    Retained Earnings      160,500

                                                   Total Equity                 180,500

Total Assets             249,500    Liabilities + Equity    249,500

Explanation:

For the income statement we list the revenue and then, we subtract all the expenses account.

Retained Earnings will be beginning + income - dividends. This value will go into the balance sheet.

For the balance sheet, we display assets into both categories:

current: who are going to be converted into cash within a year.

and non-current like the truck and the land which are going to be in the company's book for more than a year before converting into cash.

Liabilities and equity will be in the other side and their sum should match the total assets.

6 0
3 years ago
If Melissa decides to sell the best ice cream on earth, and intends to establish a strong ethical climate in her organization, d
vekshin1

Answer:

planning stage of marketing cycle                              

Explanation:

The planning stage is that when the operation proposals are recorded, the project deliver-ability and specifications are determined, and the timetable for the program is set. It means creating a set of policies to help direct your team through the stages of project application and completion.

To put it another way, project preparation applies to all you do to set up your project for success. It's the phase you're going through to determine the steps needed to establish your project priorities, describe the scope of what needs to be done and build the task list to do that.

8 0
3 years ago
J has a personal auto policy with Liability limits of 50/100/25, UM/UIM limits of 50/100, a Medical Payment limit of $5,000 and
saveliy_v [14]

Answer:

$21,000

Explanation:

Amount Received $11,000 ( Under Property Damage)

Amount Received  $1,000 ( Under Medical Coverage)

Amount for Vehicle Damage ( Vehicle damage - Collision deductibles ) = ( $9,500 - $500 ) = $9,000

Total Amount Paid by policy = ($11,000 + $1,000 + $9,000) = $21000  

Therefore , total amount paid by policy for this damage is $21000 .

3 0
3 years ago
Explain how each of the following would affect the quantity of money demanded, and indicate whether each change would cause a mo
sergiy2304 [10]

Answer:

a.) Increasing the opportunity cost of holding money, a high interest rate reduces the quantity of money demanded. This will lead to movement up and to the left along the money demand curve.

b.) A 10% fall in prices will reduce the quantity of money demanded at any given interest rate, which will cause the money demand curve to shift leftward.

c.) This technology change will reduce the quantity of money demanded at any given interest rate, so it will shift the money demand curve leftward.

d.) Payments in cash will require employers to hold more money which will increase the quantity of money demanded at any given interest rate, this will lead to shift in the money demand curve rightward.

I hope these helps, please give brainliest if it does.

4 0
3 years ago
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