Answer:
True
Explanation:
2% out of 100 guest purposefully scam.
Answer:
B) 1%
Explanation:
Taylor's rule formula is as follow:
Target rate = Neutral rate + 0.5 x (Expected GDP growth rate - Long-term GDP growth rate) + 0.5 x (Expected Inflation rate - Target inflation rate)
--> Target rate = 2% + 0.5 x (0) + 0.5 x (0 - 2%)
--> Target rate = 2% - 1% = 1%
Nominal federal funds rate should be 1%
The bond that has a face value of $1,000 has a duration of 10 years.
<h3>
What is a bond?</h3>
A bond is a type of security in the financial world where the issuer (debtor) owes the holder (creditor) a debt and is required, depending on the terms, to repay the bond's principal (i.e., the amount borrowed) at the bond's maturity date as well as interest (referred to as the coupon) over a predetermined period of time. The interest is typically due at regular intervals, such as every six months, once a year, and less frequently at other times. To finance long-term investments or, in the case of government bonds, to finance immediate expenses, the borrower can obtain external funds through the sale of bonds. Both bonds and stocks are considered to be forms of security, but the main distinction between the two is that (capital) stockholders have an equity stake in a company, whereas bondholders have a creditor stake.
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In business we refer to this obligation as a<u> </u><u>royalty</u>.
<u>Explanation:</u>
A royalty is a charge paid by one person, such as the licensee or franchisee, to somebody else who owns a specific asset such as the rights holder or franchise owner, for the ability to utilize that asset on a continuing basis.This is usually accepted as a percentage of total or total profit obtained through the use of an product or a certain value per unit sold from an item of this kind, although there are still other forms and measures of revenue.
For an illustration, the royalty value for having its e-copy or printing a book like a novel, for selling internationally ranges from 20 to 30% of the overall value of retail selling that the publisher or distributor receives. The fee is paid by them and as with all music royalties, refers to the arrangement (license) between both the writer and the publisher or distributor.
Answer: $14594
Explanation:
The budgeted selling expense for the manager for the month ended June 30 will be calculated thus:
The unit sales for June will be:
= [700 × (1 + 3%)]
= 700 × (1 + 0.03)
= 700 × 1.03
= 721 units
Commission will be:
= 2% × (721 × 700)
= $10,094
Therefore, the selling expenses to be reported will be:
= $10,094 + $4500
= $14594
