Answer:
A. $575,000 + $125,000 - $560,000
Explanation:
According to the ending inventory report, cost of sales would be calculated as follow;
Cost of sales = Beginning inventory + Purchase - Ending inventory
Cost of sales = $575,000 + $125,000 - $560,000
Answer:
78% of 2.
Explanation:
Get a calculator. Press ON, then press 78 WITH PERCENT IF APPLICABLE. Times 2. Enter, thats your answer is what you get.
Answer:
E. The annual effective interest rate earned by the U.S. Treasury Bill is greater than rate for the U.S. Treasury Bill.
Explanation:
<em>Treasury bills, or T-bills, are short term investments that are issued by the government. Unlike normal bonds which governments issued with interest payment, they do not have interest payments, but instead are sold at a discount.</em> The Understanding how to calculate a T-bills yield and discount yield based on the maturity date is important to evaluate the investment.
Answer:
Historically, stocks have delivered a higher return on average compared to Treasury bills but have experienced higher fluctuations in values.
Explanation:
Buying a share of stock means purchasing a share of ownership in a company but when you buy a Treasury bill, you are making a loan to the U.S. government. Due to the higher risk associated with stocks, they traditionally provide a much higher return than Treasury bills.
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