Answer:
B. 105 days of accrued interest
Explanation:
The purchase on Thursday, October 12th will settle on Monday, October 16th - 2 business days after trade date.
Accrued interest on corporate bonds is based on a 30days per month/360 day year.
And interest starts accruing from the day of the last interest payment, up to, but not including, settlement.
See below for day calculation
July 30 days
August 30 days
September 30 days
October 15 days (up to but excluding settlement)
Total 105 days
Answer:
break even point in units:
- a = 11,700
- b = 46,800
- c = 35,100
Explanation:
beer mugs contribution margin expected sales
a $5 25,000
b $4 100,000
c $3 50,000
fixed costs = $351,000
if the sales proportion remains the same, we can assume a bundle of products = 1a + 4b + 3c (1 for every 25,000 units) whose contribution margin = $5 + $16 + $9 = $30
break even point = fixed costs / bundle's contribution margin = $351,000 / $30 = 11,700 bundles
break even point in units:
a = 11,700
b = 11,700 x 4 = 46,800
c = 11,700 x 3 = 35,100
Answer:
the main danger with taking out a payday loan is that you may quickly get trapped in a cycle of debt ,although altho payday loan is normally for a fairly low sum of money, such as £200, it is easy to get trapped in a cycle of taking a new loan out every month to cover the same or increased shortfall
Answer:
false
Explanation:
a differentiator will always benefit when products have become commoditized
<span>The correct answer is once a month. You should typically monitor your checking account one a month by balancing it. You can balance your account by adding all of your deposits to the beginning balance and subtracting all the subtotal's checks made.</span>
