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Sonbull [250]
3 years ago
13

A 60-day note receivable dated June 17 has a maturity date of

Business
1 answer:
antoniya [11.8K]3 years ago
7 0

Answer:

the maturity date is August 12

Explanation:

The computation of the maturity date of 60 day note receivable dated on June 17 is as follows

Here we have to determine the 60 days from June 17

So in June, the remaining days left would be = (30 - 17) = 13

31 days in July

And, the rest of the days i.e. 12 days in August

So, the maturity date is August 12

Hence, the same would be considered

and, the same is relevant

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A firm supplies aircraft engines to the government and to private firms. It must decide between two mutually exclusive contracts
tatiyna

Answer:

Option (A) is correct.

Explanation:

If it contracts with a private firm, for 1st contract,

profit = [(2 × 0.25) + (1 × 0.4) - (1 × 0.35)]

         = 0.55 million dollars

If it contracts with the government, or second contract ,

profit = ($4 × 0.4) - ($2.5 × 0.6)

         = 0.1 million dollars

Therefore, it is clear from the above calculations that the contract with a private will offer more profit as compared to the contract with the government.

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3 years ago
Which of the following statement(s) is(are) true regarding the selection of a portfolio from those that lie on the capital alloc
Vesnalui [34]

Answer:

d. II and III

Explanation:

Capital Allocation Line is a graphical representation of risk measurement for risky & risk free assets.

Risk aversion is the tendency of investors to prefer less expected payoff with certainty, over more expected payoff with risk & uncertainty. So, More risk averse investors have their investment concentration in more risk free securities than risky portfolio components, compared to less risk averse investors.

Investors expected utility is derived from their expected income or wealth payoff. Investors choose the portfolio, whose  expected income level gives them corresponding maximum expected utility

3 0
4 years ago
What is absolute​ advantage?A. The ability to produce a good or service at a lower opportunity cost than other producers.B. The
gregori [183]

Answer:

A

Explanation:

In international trading theory the absolute advantage is the capability to produce some good with the lowes cost of opportunity possible because that is the product which represents an advantage for a nation, the do not need to evaluate their production from other product so it is their identity.

6 0
4 years ago
sagar works for a financial advising firm. he must create a financial plan and come up with a list of securities in which his cl
Alik [6]

Since sagar works for a financial advising firm. he must create a financial plan and come up with a list of securities in which his client can invest. This is a investment.

<h3>What is an investment?</h3>

It should be noted that a investment simply means the use of mine in order to create further revenue for the company.

In this case, it was stated that Sagar create a financial plan and come up with a list of securities in which his client can invest. Therefore, this shows that this is an investment.

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sagar works for a financial advising firm. he must create a financial plan and come up with a list of securities in which his client can invest. sagar must make decisions regarding the investments that he should recommend to his clients to include in their portfolio. Is this an investment or capital market?

7 0
2 years ago
independently owned firms that take title to the merchandise they handle, are classified as either full-service or limited-servi
sveticcg [70]

Independently owned firms that take title to the merchandise they handle, are classified as either full-service or limited-service, and go by names like industrial distributors are known as merchant wholesalers.

<h3>What are merchant wholesalers?</h3>

Merchant wholesalers are described as independent businesses that sell goods after purchasing them from the manufacturers. It is important to mention that the merchant wholesalers are the one that purchases goods and sells them to other third parties. Merchant wholesalers form an important part of indirect sales.

The merchant wholesalers are the ones that purchase the goods, store them, and handle them physically in bulk quantities. The merchant wholesalers sell the goods to the other retailers, but only in small quantities.

It can be concluded that independently owned firms that take title to the merchandise they handle, are classified as either full-service or limited-service, and go by names like industrial distributors are known as merchant wholesalers.

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5 0
2 years ago
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