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Andru [333]
3 years ago
13

A T-bill quote sheet has 90-day T-bill quotes with a 4.92 bid and a 4.86 ask. If the bill has a $10,000 face value, an investor

could buy this bill for _____.
a. $10,000
b. $9, 878.50
c. $9, 877
d. $9, 880.16
Business
1 answer:
Alik [6]3 years ago
5 0

Answer: b. $9,878.50

Explanation:

The Price can be calculated using the formula;

= Face value * ( 1 - Ask * (days / 360))

= 10,000 * ( 1 - 4.86% * (90/360))

= $‭9,878.5‬0

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NeX [460]
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5 0
3 years ago
The change in inventory value was created purely by accounting and exchange rate factors, because the subsidiary still has the s
Alik [6]

Answer:

It would decrease by $7,504.

Explanation:

The current ratio determines liquidity of a company. The current ratio is calculated by dividing total current assets from total current liabilities. The change in inventory will affect the current ratio of the company. In the consolidated financial statements the value of inventory is decreased due to exchange rate fluctuations. The change in value of inventory will affect the amount reported in the balance sheet of the parent and will ultimately result in reduction of current ratio.

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3 years ago
Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $15, the cost of mowing the second lawn i
Flauer [41]

Answer:

. $45

Explanation:

Let X be the amount of equal charges per customer.

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4X=177

X=44.25

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8 0
4 years ago
Read 2 more answers
A(n) ____ business is one that is primarily based in a single country but sells and buys some meaningful share of its resources
meriva

<u>Full question:</u>

A(n) ____ business is one that is primarily based in a single country but that acquires some meaningful share of its resources and/or revenues from other countries.

a. international

b. domestic

c. multinational

d. intercontinental

e. global

<u>Answer:</u>

A(n) international business is one that is primarily based in a single country but that acquires some meaningful share of its resources and/or revenues from other countries.

<u>Explanation:</u>

International business comprises all marketing exercises that utilize place to support the shift of goods, assistance, sources, characters, ideas, and technologies over national borders. The development and progress of trades, production, analysis, and development, and distribution amenities in foreign markets.

The international business describes all of the commercial activities, both governmental and private, that practice place among various countries. With more countries engaging in global business, the race has warmed up and in turn, sparked more attention in international goods.

4 0
3 years ago
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Answer and Explanation:

Nonprofit organizations are not stressed over boosting benefit and rather need to expand yield. On account of a clinic this yield is patients who get more advantageous or on account of a college it is understudies who graduate that the nonprofit organizations need to increment. Simultaneously. they need to take care of the expenses of work and capital that go into keep their foundations running. This implies the pace of yield at which nonprofit organizations need to deliver ought to be when normal all out cost rises to the market cost with the goal that their benefits would be zero.

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