Answer: B. $40,000, $960,000
Explanation:
The long term obligation will be 80% of the collateral value which will be:
= 80% × $1.2 million
= 0.8 × $1,200,000
= $960,000.
Therefore, the short term obligation will be:
= $1,000,000 - $960,000
= $40,000
Answer:
A. selling price per composite unit,
Answer:
Anne exhibits high level of product involvement.
Explanation:
Product involvement is the level of consumers interest in the product and the associated relationship of the consumer with the product.
As it is evident from the question that Anne is well informed about the deals and has interest in knowing about the product before buying it. This indicates the high level of product involvement.
Answer and Explanation:
The solution of profit/loss is shown below:-
Stock Price Profit/Loss
a. $32 -$4.30 After 6 months Stock price is less than strike price
b. $37 -$4.30 After 6 months Stock price is less than strike price
c. $42 -$4.30 After 6 months Stock price is equal than strike price
d. $47 $0.7 ($47 - $42 - $4.30)
e. $52 $5.7 ($52 - $42 - $4.30)
Answer:
$845.83
Explanation:
The computation of the interest is shown below:
= Principal × rate of interest × number of days ÷ (total number of days in a year)
= $140,000 × 7.25% × (30 days ÷ 360 days)
= $845.83
Simply we applied the simple interest formula by multiplying the principal, interest rate and the time period so that it can arrive with the correct amount
