Answer:
2. Interest income will drop by less than $3 million for a sudden 1% drop in market interest rates
Explanation:
Since in the question it is mentioned that there is decrease in 2021 interest income of $3 million in the case when there is a sudden decline of 1% in the rate of interest of the market this is due to the convexity of the curve as the GAP analysis and assume straight line
So the option 2 is correct
Answer:
The correct option is C, $14.29
Explanation:
A 7-2 stock split means that 7 shares now have the value of 2 shares held previously.
This simply means that a stockholder who had 2 shares before the stock split now has 7 shares.
The price of the share after the stock split the value of 2 shares before stock split divided by 7 shares i.e ($50*2)/7=$ 14.29
The correct option from the multiple choices is $ 14.29
Answer:
The correct answer is letter "D": when the actual price is less than the standard price.
Explanation:
Direct labor rate variance compares the existing direct labor costs and normal direct labor costs over the same operating period. Favorable variance in the labor rate can be caused by hiring more unskilled employees, reducing the minimum wage, and incorrectly setting indirect labor costs. Favorable variance takes place when the <em>costs of direct labor are efficient or lower compared to the standard</em>.
The answer is<u> "self negligence".</u>
Self-neglect infers the failure or reluctance to take care of one's close to home needs or cleanliness. It might show in various courses, for example, not taking care of one's nourishment, cleanliness, apparel, or acting suitably to think about restorative conditions. Self-neglect can happen because of dementia, brain harm, or psychological disorders like despondency or psychotic issue. A few people who experience the ill effects of self-neglect may take part in undesirable practices, for example, substance utilize or misuse, tobacco utilize, promiscuity, or unseemly utilization of doctor prescribed meds. The rundown of conditions related with self-disregard is extremely expansive, and treatment choices rely on the exact reason for self-neglect.
Answer: The correct answer is "B. Letter of credit".
Explanation: A letter of credit is an agreement of the person who issues the letter to pay a sum of money on receipt an invoice and other documents.
Is a payment mechanism used in international trade.