Ask question

Ask question

All categories

3 years ago

5

A certificate of deposit is a receipt showing that an investor has made an interest bearing loan to a bank or a government or a

corporate bond.
a. True
b. False

2 answers:

Hatshy [7]3 years ago

8 0

I believe that this sentence is True, I'm not completely sure though : )

Mekhanik [1.2K]3 years ago

4 0

certificate of deposit is the right answer

You might be interested in

At December 31, 2020 Bramble Corp. had 298000 shares of common stock and 9800 shares of 6%, $100 par value cumulative preferred

Vika [28.1K]

Answer:

the earning per common share is $3.83 per share

Explanation:

The computation of the earning per common share is shown below

= Net income ÷ weighted number of outstanding shares

= $1,143,000 ÷ (298,000 shares)

= $3.83 per share

We simply divided the net income from the weighted number of outstanding shares so that the earning per share could be determined

hence, the earning per common share is $3.83 per share

5 0

2 years ago

components that should be included when compiling a report to the Minister of labour about employee profile in south Africa.

Snowcat [4.5K]

Components that should be included could be total number of employees, number of staff and numbers of hourly workers, length of employment for each worker, hourly rates for the hourly workers and pay raises according to the collective bargaining, and staff salaries, and productivity of say the hourly employees like in a mine, tonnes produced per manhour for the miners at the face or in the open pit for example.

7 0

2 years ago

The Gorman Group issued $900,000 of 13% bonds on June 30, 2016, for $967,707. The bonds were dated on June 30 and mature on June

Charra [1.4K]

Answer:

cash 967,707 debit

premium on BP 67,707 credit

Bnds Payable 900,000 credit

interest expense 58062.42 debit

premium on BP 437.58 debit

cash 58500 credit

Explanation:

procceds 967,707

face value 900,000

premium on bonds payable 67,707

<em><u>first interest payment</u></em>

carrying value x market rate

967,707 x 0.06 = 58062.42

then cash outlay

face valeu x bond rate

900,000 x 0.065 = 58,500

the difference will be the amortization

8 0

3 years ago

Technician a says that a brake spoon is used to adjust brake shoes when the drum is installed. technician b says that a brake ho

kvv77 [185]

Install hold down springs the last one is correct

7 0

2 years ago

Rodgers and Winter had capital balances of $60,000 and $90,000, respectively, at the beginning of the current fiscal year. The a

Bas_tet [7]

Answer:

A) Net income $110,000

Rodgers Winter

Salary allowance $25,000 $30,000

interest allowance $7,200 $10,800

(12% of capital)

<u>split renaming income $18,500 $18,500 </u>

net income $50,700 $59,300

B) Net income $65,000

Rodgers Winter

Salary allowance $25,000 $30,000

interest allowance $4,000 $6,000

(40% of remaining income

<u>to Rodgers and 60% to Winter) </u>

net income $29,000 $36,000

4 0

3 years ago