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Katarina [22]
3 years ago
7

What are development banks?

Business
2 answers:
V125BC [204]3 years ago
5 0

Answer:

A financial institution that provides risk capital for economic development projects on non commercial basis. They are often established and owned by governments or charitable institutions to provide funds for projects that would otherwise not be able to get funds from commercial lenders.

Source: Wikipedia

ira [324]3 years ago
3 0
Again I feel special Twice
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Job-Order Costing versus Process Costing Required: Identify each of the following types of businesses as either job-order or pro
enot [183]

Answer:

Job-Order Costing versus Process Costing

Types of businesses using job order costing:

a. Hospital services

b. Custom cabinet making

e. Airplane manufacturing (e.g., 767s)

h. Custom furniture making

i. Dental services

l. Auto repair

m. Architectural services

n. Landscape design services

Types of businesses using processing costing:

c. Toy manufacturing

d. Soft-drink bottling

f. Personal computer assembly

g. Furniture making (e.g., computer desks sold at discount stores)

j. Paper manufacturing

k. Nut and bolt manufacturing

o. Flashlight manufacturing

Explanation:

In job order costing, the manufacturer tracks its prime costs to individual products or jobs.  This means that the costs of each job can be computed separately because costs are traced to each job.  Under process costing, the prime costs are tracked to the department, process or batch, and not to individual products or jobs.

4 0
3 years ago
Which of the following is NOT true Group of answer choices An American option can be exercised at any time during its life A put
galina1969 [7]

Answer:

When a CBOE call option on APPLE is exercised, APPLE issues more stock.

Explanation:

A call option can be regarded as a "call", and can be explained as contract which exist between the buyer as well as the the seller of that call option, so they can exchange a security at a set price.

In domain of finance, the style or family of particular option can be regarded as the class that the option falls into, and this can be defined using dates that the option could be exercised. Most options usually fall as European or American options. It should be noted that An American option can be exercised at any time during its life. These should be noted;

✓A put option will always be exercised at maturity if the strike price is greater than the underlying asset price.

.A call option will always be exercised at maturity if the underlying asset price is greater than the strike price

Facts about

4 0
3 years ago
HURRY! 20 points! Which of the following is the most important requirement for career advancement in art design?
madreJ [45]

Answer:

creativity

Explanation:

i'm in art design and my teacher always pushes for creativity and neatness

4 0
3 years ago
Read 2 more answers
Which of the following statements is CORRECT? a. The present value of a 3-year, $150 annuity due will exceed the present value o
lorasvet [3.4K]

Answer:

Statement a. is correct.

Explanation:

The effective annual rate is always higher than the nominal interest rate, as the formula is clear for any number of periods, for any interest rate:

Effective Annual Rate of return = (1 + \frac{i}{n})^n - 1

Further if we calculate the present value of annuity due and ordinary annuity assuming 6 % interest rate, then:

Present value of annuity due =

(1 + 0.06) \times 150 \times (\frac{1 - \frac{1}{(1 + 0.06)^3} }{0.06} )

= 1.06 \times $400.95

= $425.0089

Present value of ordinary annuity = 150 \times (\frac{1 - \frac{1}{(1 + 0.06)^3} }{0.06} )

= $150 \times 2.6730

= $400.95

Therefore, value of annuity due is more than value of ordinary annuity.

Statement a. is correct.

5 0
3 years ago
Eckert Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developin
zloy xaker [14]

Answer:

The target cost for one LittleLaser is $68

Explanation:

For computing the target cost, first we have to compute the profit per laser guns which is shown below:

Profit per gun = (Investment × ROI) ÷ (Number of laser guns sold)

                       = ($7,828,000 × 25%) ÷ (103,000 laser guns)

                       = ($1,957,000) ÷ (103,000 laser guns)

                       = $19

And, the cost price charged is $87

So, the target cost for one Little laser would be

= $87 - $19

= $68

3 0
3 years ago
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