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Nezavi [6.7K]
3 years ago
6

Which of the following statements about cash equivalents is FALSE?

Business
1 answer:
jonny [76]3 years ago
7 0

Answer:

Hello! Your answer would be, A) Cash equivalents earn slightly more interest than a  savings account.

Hope I helped! Ask me anything if you have any questions! Brainiest plz. Hope you make an 100% and have a nice day! -Amelia♥

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Carolyn bought 200 shares of stock at $30 per share ($6,000 total). She paid $3,000 in cash and borrowed $3,000 from the brokera
Alexeev081 [22]

Carolyn's net profit from her investment was <em>$1,805.</em>

<h3>Data and Calculations:</h3>

Investment in 200 shares at $30 per share = $6,000

Loan from brokerage firm = $3,000

Annual interest rate = 5%

Interest expense for 6 months = $75 ($3,000 x 5% x 6/12)

Proceeds from the sale of the investment = $8,000 ($40 x 200)

Commission to brokerage firm = $120

The Gross profit from the sale of the investment = $2,000 ($8,000 - $6,000)

The Net profit from the investment = $1,805 ($2,000 - $75 - $120).

Thus, Carolyn's net profit from her investment was <em>$1,805.</em>

Learn more about calculating the net profit here: brainly.com/question/4177260

6 0
2 years ago
The following are insured for medical payments under a Personal Auto Policy (PAP):
Marina86 [1]

Answer:

The correct answer to the following question is option D) all of the above statements A,B,C are correct .

Explanation:

Personal auto policy (PAP) is a pretty standardize policy design for auto insurance , where such policies provides coverage for medical payments , damage from both under insured and un insured motorists, for the liability and any damage to the vehicle. Under this policy any person who is injured by insured or insured himself or his family members and even any other person who is in possession of covered auto are all insured for receiving medical payments.

3 0
3 years ago
Athena Jolene, a human resources executive at Thomas Griffith, wants to collect ideas from the company's employees for an upcomi
inna [77]

Answer:

Online discussion forum

Explanation:

Based on the information provided within the question it can be said that the best method would be to use an Online discussion forum. These are websites in which anyone can connect and give their thoughts and opinions on a specific topic and discuss with anyone who would like to join in. Which is what would allow Athena to collect ideas from all the company employees at the same time.

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3 years ago
You”ve decided that you want to get your household budget under control so you can increase the proportion of money you devote t
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Creating a budget you can exceed but also creating a budget you can’t go over, Hope this helps! All i can tell you...
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3 years ago
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someone asked me if there were 2 cities which one would I choose. I asked"what are they" they responded one black city with only
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Answer:

Smart

Explanation:

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3 years ago
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