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mezya [45]
2 years ago
15

A customer buys a Brokered CD for $100,000. Upon receipt of his next account statement, the customer sees that the market value

of the CD is shown as $99,800. This would occur because: A interest rates have risen B interest rates have fallen C the broker's commission for selling the CD has been subtracted out D the bank that issued the CD has charged an up-front handling fee
Business
1 answer:
Mnenie [13.5K]2 years ago
5 0

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.

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Independent auditing can best be described as:________. A. A regulatory function that prevents the issuance of improper financia
Elden [556K]

Answer:

C. A discipline that enhances the degree of confidence that users can place in financial statements.

Explanation:

Independent auditing includes the process of auditing by an independent auditor. It involves the process of analyzing and examining the financial transactions and records. The company's accounts, the business records, the transactions are all monitored and audited so as to avoid any unprecedented act. It do not indulge any means of profit in the whole process. Independent auditing is adopted by the shareholders in order to protect from any sort of frauds or unacceptable claims made in terms of financial records.  

8 0
3 years ago
An FHA-insured loan in the amount of $157,500 at 5.5% for 30 years closed on July 17. The first monthly payment is due on Septem
uranmaximum [27]

Answer:

the amount of the interest adjustment is $336.875

Explanation:

The computation of the amount of the interest adjustment is as follows;

= Principal × rate of interest × number of days ÷ total number of days

= $157,500 × 5.5% × 14 days ÷ 360 days

= $336.875

Hence, the amount of the interest adjustment is $336.875

Therefore the given formula is applied

6 0
3 years ago
WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for t
mixer [17]

Answer:

yes yes NO ( A  )

Explanation:

products X,Y,Z

units produced : X = 1500 , Y = 2000,  Z = 3000

per unit sales value at split-off : X = $19, Y = $21,   Z = $24

Added processing costs per unit : X = $7, Y = $7.50 , Z = $7

per unit sales value if processed further : X = $29, Y = $29, Z = $30

COST OF JOINT MATERIAL INPUT = $149000

To check for products to be processed further we apply

(unit sales value if processed further - per unit sales value at split-off ) - ( added processing cost )

for product  X = $29 - $19 - $7 = $3

for product Y = $29 - $21 - $7.5 = $0.50

for product Z = $30 - $24 - $7 = - $1  ( negative value )

products to be processed beyond the split of point would be : X Y

because Z  has a negative contribution margin

4 0
3 years ago
Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: ($ in thousands) E-Travel P
gulaghasi [49]

Answer:

E-travel-1.15

Pricecheck-0.38

Explanation:

Debt to equity ratio compares the finance provided by outsiders viz-a-viz that which is provided by the original owners of the company,the shareholders, in order to determine whether or not the company is at risk of slow growth if outsiders withdraw their funds.

Debt to equity=total liabilities/equity

E-Travel:

total liabilities is $2,854,475

total equity $2,482,681

debt-equity ratio=$2,854,475/$2,482,681=1.15

Debtholders provided more capital funding than the stockholders

Pricecheck:

total liabilities is $472,610

total equity is $1,257,614

debt-to-equity ratio=$472,610/$1,257,614 =0.38

8 0
3 years ago
Manufacturers, wholesalers, retailers, service companies, not-for-profit organizations, and government agencies that buy goods a
zimovet [89]

manufacturers, wholesalers, outlets and authorities agencies that buy items and offerings for their own use or for resale.

<h3>Are the crew of clients that include producers wholesalers shops and other organizations?</h3>

Organizational market is some other name; the crew of customers that consist of manufacturers, wholesalers, retailers, and different organizations.

<h3>When producers wholesalers retailers and government businesses purchase items and services they are regarded as?</h3>

1. Organizational buyers are?

Organizational consumers are these manufacturers, wholesalers, retailers, service companies, not-for-profit organizations, and authorities agencies that buy merchandise and offerings for their own use or for resale.

Learn more about government agencies here:

<h3>brainly.com/question/1078669</h3><h3 /><h3>#SPJ4</h3>

7 0
1 year ago
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