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disa [49]
3 years ago
5

A claim against a customer is known as

Business
1 answer:
Lina20 [59]3 years ago
8 0

Answer:

A claim against a customer is known as an account receivable.

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Which best describes an opportunity cost?
Masja [62]

Opportunity cost is concept used in economics. It denotes the benefit of something that must be given up to acquire or achieve something else. Because of this opportunity cost is used in the decision-making process. The following best describes an opportunity cost: decision giving up an opportunity to do something else when making an . Correct answer: B

5 0
3 years ago
Read 2 more answers
Which one of the following best describes the term "efficient market"?A) The commissions on large transactions are smaller than
Aleonysh [2.5K]

Answer: Option B

Explanation: In simple words, the market in which the price of the securities reflect all the information that is relevant to the the investor is called an efficient market. No investor can beat such markets as no security is undervalued or overvalued.

This accuracy in pricing could only be maintained when all the participants are fully aware of new information which is possible only if the information is quickly spread in the market.

Hence the correct option is B.

3 0
4 years ago
David is ordered to make monthly alimony payments of $1,100 to his
Travka [436]

Answer:

$39600

Explanation:

One year is made up of 12 months.

in oder for us to know how many months make up 3 years,we multiply 12 months by 3years and the answer is 36 months.

36months = 3years

we workout

$1,100×36 months =$39,600

This shows that, by three years David would have paid his ex-wife $39,600

6 0
3 years ago
Which is an example of a marketing function for a business? 1.Preparing income statements for the business 2. Obtaining new prod
Alex_Xolod [135]

Answer:

4. Creating a banner ad for the company website

6 0
3 years ago
Read 2 more answers
Exodus Limousine Company has $1,000 par value bonds outstanding at 15 percent interest. The bonds will mature in 30 years. Compu
nasty-shy [4]

Answer:

if YTM at 4% price :  $2,902.1237

if YTM at 8% price :  $1,788.0448

The bonds are above face value asthey offer a higher coupon payment than the market yield therefore the bond holders are willing to pay above theri face value

Explanation:

the market price of the bond will be the present value of coupo payment and maturity:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 150.000

time 30

rate 0.04

150 \times \frac{1-(1+0.04)^{-30} }{0.04} = PV\\

PV $2,593.8050

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   30.00

rate  0.04

\frac{1000}{(1 + 0.04)^{30} } = PV  

PV   308.32

PV c $2,593.8050

PV m  $308.3187

Total $2,902.1237

No we repeat the process with the yield at 8%

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 150.000

time 30

rate 0.08

150 \times \frac{1-(1+0.08)^{-30} }{0.08} = PV\\

PV $1,688.6675

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   30.00

rate  0.08

\frac{1000}{(1 + 0.08)^{30} } = PV  

PV   99.38

PV c $1,688.6675

PV m  $99.3773

Total $1,788.0448

7 0
3 years ago
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