Answer:
For how many days must the count have been overdue assuming the supplier uses a 365-day year? 50 days
Explanation:
ACCOUNT 512
% Interest 15%
Annual interest 76,8
76,8 365
10,52 x
X=50 days
Answer:
elastic, because many other firms produce the same standardized product
Explanation:
A good has perfect price elasticity when a change in price leads to an infinite change of quantity demanded.
A perfect competition is when there are many buyers of homogenous goods and services. The sellers are price takers; prices are set by the market force.
A perfect competition has perfect price elasticity because goods sold are standardised and identical with other goods in the market. If the seller increases its price, it's demand would fall to zero as consumers would shift demand to other subsituite goods.
I hope my answer helps you.
The effective annual yield of a treasury bill is equivalent to 12.55%.
Option B is the correct answer.
<h3>What is the treasury bill?</h3>
The treasury bill is the trading instrument that is issued in the money market by the government.
Given values:
Par value: $100,000
Future value: $97,087
Number of years from now: 3 years
Step-1 Computation of interest rate of treasury bill:
Step-2 Computation of equivalent yield the bill:
Therefore, 12.55% is the equivalent yield on the treasury bill.
Learn more about the equivalent yield in the related link:
brainly.com/question/21275322
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Answer:
b. $51,500
Explanation:
The correct answer is $51,500 which is b.
$45,000 * 30% = $13,500
This amount is then deducted from $65,000
$65,000 - $13,500 = $51,500.
LIFO is method of calculating the value of inventory in which all the units are valued.
LIFO stands for Last In First Out, which means the unit purchased the last will be sold first. In case of rising prices of inventory LIFO gives lower profits due to higher costs being charged for the units sold against the sale price which lowers the profit ultimately.
Answer:
b. all banks whether or not they are members of the Federal Reserve System.
Explanation:
Banks subject to reserve requirements set by the Federal Reserve System includes all banks from commercial banks to savings banks, to savings and loans banks, credit agencies and also all foreign banks with branches in the United States.