Answe and Explanation:
For banks and other financial institutions, the discrepancy between the short-term maturities of their deposits and the long-term maturities of their assets is referred to as _a maturity mismatch___________.
Answer:
It will take 10 years and 197 days.
Explanation:
Giving the following information:
You invest $180 in a mutual fund today that pays 6.80 percent interest annually.
To calculate the time required to double the money, we need to use the following formula:
n=[ln(FV/PV)]/ln(1+r)
n= [ln(360/180)] / ln(1.068)
n= 10.54
To be more accurate:
0.54*365= 197
It will take 10 years and 197 days.
Answer:
Company site
Explanation:
A company's website is a communication tool used to convey information to internal members and the public. The website contains updated information on various topics concerning the company. There are sections for products and services, the top management, and careers with the company.
An individual seeking to work in a specific company should visit its website to look for opportunities.
Answer:
$53,355.7047
Explanation:
The computation of the estimated cost of the replacement cost is shown below:
Estimated cost = (old cost i.e purchased cost of an equipment ÷ Cost index of that year i.e 2006) × estimated cost index for 2017
= ($30,000 ÷ 149) × 265
= $53,355.7047
We simply applied the above formula so that the estimated cost could come
Answer:
$180,000
Explanation:
The computation of CVP income statement is shown below:-
CVP Income statement
Sales $550,000
Variable cost $370,000
Contribution margin $180,000
Fixed cost $150,000
Operating Profit $50,000
Therefore for computing the contribution margin we simply deduct the variable cost from sales and fixed cost to arrive the operating profit
