Answer:
not just pay them they can award them with extra credit?
Explanation:
Answer:
Interest will be $5000
So option (A) will be correct option
Explanation:
We have given principal amount P = $500000
Rate of interest = 6 %
Time is November 1 to December 31
So time = 2 months = 0.1666 year
Interest is given by
Interest 
So option (a) will be correct option
Answer:
Yield with 6-day maturity is 7.70%
Yield with 18-day maturity is 2.57%
Explanation:
The formula for yield on repurchase is given as:
y = ( PAR – P ) / P x (360 / t )
P=Purchase price
PAR=Repurchase price
t= number of days of the transaction
In first scenario,PAR is $39 million,P is $38.95 million and t=6
y=($39000000-38950000)/38950000*(360/6)
y=7.70%
In the second scenario,details remained the same except for t that is 18
y=($39000000-38950000)/38950000*(360/18)
y=2.57%
This implies the longer the maturity the lesser the yield since yield is computed on daily basis.
Answer:
cash
Explanation:
The top line, cash, is the single most important item on the balance sheet. Cash is the fuel of a business. If you run out of cash, you are in big trouble unless there is a "filling station" nearby that is willing to fund your business
Answer:
a. 1.14
Explanation:
The current ratio is a financial measure that shows how many times the current assets of an entity may be used (covers) the current obligations (liabilities) of the entity.
It is given as current assets divided by current liabilities.
Astin Company’s current ratio
= $82530/$72120
= 1.14
This means that the current assets will settle the current liabilities 1.14 times.
