Answer: A. interest rates have risen
Explanation:
Since the customer buys a Brokered CD for $100,000 and upon eceipt of his next account statement, he sees that there has been a reduction in the market value of the CD to $99,800.
This would occur because there has been an increase in the interest rates. On the other hand, assuming there was a reduction in the interest rate, this will lead to an increase in the market value.
Answer: B. The industry which they operate
Explanation:Different companies carry out the functions of purchasing, procurement and supply differently and these depend on how they operate. For example supply chain in a manufacturing company, it will produce items that will be stored in warehouses and other locations, making the supply chain more complex, on the other hand if it's a Service Provider company which uses a make-to-order business model, there will be no need for storing finished products, Therefore, it is clear that supply chains including procurement , purchasing and supply depend on the nature of the company.
Answer:
It is 16.9
Explanation:
Operating cycle = Inventory turnover + Receivable turn over - payable turnover
Hence, Operating cycle = 7.3+9.6
=16.9
Operating cycle implies how long it takes us to convert entire production process to cash .
It has an direct relationship with the level of working capital required. The higher the operating cycle, the higher the working capital investment required to keep the operation running.
A cash driven businesses like restaurant which hardly sell on credit will certainly have shorter operating cycle compared to a manufacturing company.
Answer:
50%
Explanation:
Given: Selling price= $120 per unit.
Variable cost= $60 per unit.
First computing contribution margin.
Contribution margin= 
⇒ Contribution margin= 
∴ Contribution margin= 
Now, calculating the contribution margin ratio.
Contribution margin ratio= 
⇒ Contribution margin ratio= 
∴ Contribution margin ratio= 
Hence, the product´s contribution ratio is 50%.
Answer:
3.73 years or 4 years approx
Explanation:
The computation of the number of years taken for money invested for double is shown below:
As we know that
Amount = Principal × (1 + interest rate ÷ time period)^interest rate × time period
where,
We assume the principal be P
And, the amount is 2P
And, the other values would remain the same
So,
2P = P (1 + 0.2044 ÷ time period)^ 1 × time period
2 = (1.2044)^ time period
Now take the log both sides
ln2 = ln (1.2044)^time period
ln2 - time period ln (1.2044)
So,
time period = ln(2) ÷ ln (1.2044)
= 3.73 years or 4 years approx
