Answer: There are many points that should be clear in the head before one has meeting with the client. Some of them are discussed here.
Explanation:
1: Objective must be very clear: The main aim or objective of the meeting should be very clear to the speaker and it should be made clear to the listener( client)
2:The meeting should not take much time: The time take by the speaker to make the client understand the facts should be less and precise. It should take much time.
3: The facts and data should be crisp and clear: The data and analysis part should be made clear before presenting it to client to avoid any confusion during the meeting.
4: Meeting Etiquette should be followed properly: The ground level manners and etiquette must be followed during the meeting.
Researching the company beforehand can help you come up with an impressive response to this question while also helping you learn more about why you're interested in this position. When you spend time gathering information about the company, you'll be better prepared to answer this question.
Answer:
6.21%
Explanation:
Discount of the bond can be calculated by subtracting the purchase price of the bond from the face value. Discount Yield is the ratio of discount on the bond to the future value of the bond.
Discount Yield = [(F - P)/F] x [360/t]
Where
F = Face Value = $1,000 ( assumed)
P = Present value = $1,000 x 97.5% = $975
t = 145 days
Placing the value in the formula
Discount Yield = [($1,000 - $975)/$1,000] x [360/145] = 0.0621 = 6.21%
Answer:
My total return is lower 1.05% because of my trades
Explanation:
The total commission and spread I have to pay for trading five times in year is $150 (= $30 x 5)
The total return on the portfolio of $102,000 is $14,280 =(14%*$102,000)
So the total commission and spread / the total return = $150/$14.280 = 1.05%
Answer:
B. debit Notes Receivable for the face value of the note.
Explanation:
Whenever a note is receivable, it is an asset as the amount will be collected in the future, that is with exchange of such asset there is a benefit defined in terms of cash to be received by the the company.
Therefore, it will be a debit and not the credit.
Whenever a notes receivables with interest bearing element is received then the asset is carried at face value, that is recorded at face value.
As the interest to be received is part of income and not asset, therefore, notes receivables will be recorded at face value.
The correct option is:
B. debit Notes Receivable for the face value of the note.
