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Norma-Jean [14]
2 years ago
8

If general interest rates increase, the interest income of an open-end bond fund whose sales exceed redemptions will likely

Business
1 answer:
Temka [501]2 years ago
8 0
Chicken nagges chicken nagges
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Swifty Company developed the following information about its inventories in applying the lower-of-cost-or-net realizable value (
Vlad1618 [11]

Answer:

$352,000

Explanation:

The computation is shown below:

Product         Net realizable value          Cost               LCNRV

A                    $129,000                         $126,000         $126,000

B                   $80,000                           $72,000           $72,000

C                  $154,000                          $155,000         $154,000

Total value of the inventory                                          $352,000

This is the answer but the same is not provided in the given options

3 0
3 years ago
On January 1, Kirk Corporation had total assets of $851,000. During the month, the following activities occurred: Kirk Corporati
White raven [17]

Answer:

Ending balance of assets is $ 857,100

Explanation:

Computation of total assets of Kirk Corporation

Opening Assets                                                            $ 851,000

Purchase of equipment                                               $      6,100

Purchase of supplies for cash                                     $            0

Sale of land at cost                                                       $            0

Agreement for storage space                                     <u>$             0</u>

Ending balance Assets                                                $ 857,100

Purchase of equipment on credit increases assets

Purchase of supplies for cash is neutral. Supplies ( considered as included in inventory) is paid in cash asset increases and decreases

Sale of land at cost is also neutral for asset purposes

Agreement to rent storage space is not an executed transaction

8 0
3 years ago
Advantages of large group communication ?
sweet [91]

Answer:

1: Increased output: The first and most important advantage of group work is, that it increases total productivity

2: More resources :The more member you have in a group, the resources you have at the end of the day...

3: Reliability: Project are safer with team than with individual.

4: proper decision making

5:Exposure to diversity.

6 0
3 years ago
Read 2 more answers
On May 15, 2000 you enter into a 1-year forward rate agreement (FRA) with a bank for the period starting November 15, 2000 to Ma
Artyom0805 [142]

Answer:

a.

3.51%

b.

0%

Explanation:

a.

First, we need to calculate the YTM of 6 months zero-coupon bond by using the following formula

Price = Face value / ( 1 + YTM )^numbers of years

96.79 = 100 / ( 1 + YTM )^1

1 + YTM = 100 / 96.79

1 + YTM = 1.0331646

Now calculate the YTM of 1 Year zero-coupon bond

93.51 = 100 / ( 1 + YTM )^1

YTM = 1.0331646 - 1

YTM = 0.0331646

YTM = 3.31646%

YTM = 3.316%

1 + YTM = 100 / 93.51

1 + YTM = 1.06940

YTM = 1.06940 - 1

YTM = 0.06940

YTM = 6.940%

YTM = 6.94%

Hence the forward rate is calculated as follow

Forward rate = [ (1 + YTM of 1 year zero coupon bond ) / ( 1 + YTM of 6 months year zero coupon bond ) ] - 1 = ( 1 + 6.94% ) / ( 1 + 3.316% ) = [ 1.0694 / 1.03316 ] - 1 = 1.03508 - 1 = 0.03508 = 3.508% = 3.51%

b.

At the time of inception the formward rate is 0.

7 0
3 years ago
According to the Level-5 leadership pyramid, a manager turns into an executive who is capable of
Vedmedyk [2.9K]

Answer:

A. Level 5.

Explanation:

The description stands for the top of the pyramid.

The term of the pramyde of leadership along with their definition were created by Jim Collins in his good "Good to Great"

Being:

Level 1 Leadership: Highly Capable Individual

Level 2 Leadership: Contributing Team Member

Level 3 Leadership: Competent Manager

Level 4 Leadership: Effective Leader

Level 5 Leadership: Great Leader

The great leader has all the expertise of the previous but, also a combination of being <em><u>strong-willed yet humble</u></em>. It is this combination of will and humility that makes them great. It also sets them apart from all the other levels of leadership.

According to the author those are the lider which attain greatness for teh company

5 0
4 years ago
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