The answer is True.
Yeah that's the answer
Solution:
3,100 / 5 = 620 per day
So the wages outstanding we need to pay still are the 3 days left in the year (the work was done so we must match the revenues and expenses)
Wages Expense = 620 * 3 = 1,860
Wages Payable......1,860
(620 * 3) to accrue wages that have not yet been paid
Answer:
4.40
Explanation:
For the nature of the Yield to Call and Yield to maturity
You can eiher solve with excel, a financial calculation or with approximation method
This will be the formula for approximation method
PTM= 41.25 (1,000 x 8.25 = 82.5 annual interest divide by 2 as there are semiannual payment)
C= 1045 This is the value of the called bond
F= 1000 The face value of the bond
n= 12 (6 years 2 payment per year)
We plug this into the formula and solve
partiel result of the upper part: 45
partial result, divisor: 1022.5
quotient 4.4009780%
Answer: The answer is as follows:
Explanation:
M1 is more liquefied than the M2.
M1 consists of:
Demand deposits and other checkable deposits + Traveler's checks + Currency
= 300 + 25 + 100
= $425 billion
In M2 , M1 is also a part of M2.
M2 consists of :
M1 + Small time deposits + Savings deposits + Large time deposits + Miscellaneous categories
425 + $650 + $750 + $600 + 25
= $2450 Billion
I would say confidence and intelligence but it also depends on the profession. If their is an answer selection please provide it.