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3 years ago

A negotiable instrument can function as a substitute for cash.

Business

1 answer:

andreyandreev [35.5K]3 years ago

5 0

1.A negotiable instrument can function as a substitute for cash.- TRUE

2. a time draft is payable at a definite future time. TRUE

3. promissory note payable to "bearer" is not negotiable. - FALSE (It is negotiable)

4. A certificate of deposit is a type of note. - TRUE

5. A signature can consist of a word, mark, or symbol. - TRUE

6.An instrument that promises to pay "in gold" can be negotiable.- FALSE ( Anything payable in the form of a commodity like gold cannot be negotiable)

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Answer:

1. 2,584

Explanation:

future payments: $1,000 in 1 year and $2,000 in 3 years

the present value of alternative I (one year bond):

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the present value of alternative II (first 2 years and then 1 year):

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3 years ago

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Please see attachment

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3 years ago

The Chemco Company uses a highly toxic chemical in one of its manufacturing processes. It must have the product delivered by spe

alukav5142 [94]

Answer:

Annual demand (D) =7,000 gallons

Ordering cost per order (Co) = $3,600

Holding cost per item per annum (H) = $50

EOQ = √2DCo

EOQ = √2 x 7,000 x $3,600

$ 50

EOQ = 1,004 units

Q = 1,004

Total minimum inventory cost

= Total ordering cost + Total holding cost

= DCo + QH

Q 2

= 7,000 x $3,600 + 1,004 x $50

1,004 2

= $25,099.60 + $25,100

= $50,199.60

Re-order point

= Maximum usage per day x Maximum lead time

= 7,000 gallons x 10 days

310 days

= 226 units

Explanation:

EOQ is a function of square root of 2 multiplied by annual demand and ordering cost per order divided by holding cost per item per annum.

Total minimum inventory cost is the aggregate of total ordering cost and total holding cost.

Re-order point is the product of maximum usage per day and maximum lead time.

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4 years ago

Can a radiologist dictate a report and send it to an outside transcription agency for transcribing?

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Radiologists have been dictating their patient reports over the years and transcriptionists used to figure out what they are saying. As the healthcare system progresses, technology like EHRs and speech recognition are turning difficulties during the transcription phase into serious challenges. As still many radiologists are dictating and self-editing their reports, there is still significant transcription activity.

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3 years ago

A manager buys three shares of stock today, and then sells one of those shares each year for the next 3 years. His actions and t

SSSSS [86.1K]

Answer:

a. The Geometric average return is 1.72%

b. The Arithmetic average return is 1.75%

c. The Dollar weighted average return is 2.61%

Explanation:

a) In order to calculate the time-weighted geometric average return we would have to calculate first the Holding period return as follows:

Holding period return = (200 - 190) / 190 = 5.263%

Hence, Geometric average return = (1 + .05263)^(1/3) - 1 = 1.72%

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c) To calculate time-weighted arithmetic average return we would have to make the following calculation:

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= 2.61%

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3 years ago