Answer:
The value per bond must be $1000
Explanation:
The reason is that the short term investments must be valued at current fair market value which is $1000 per bond today so the perceived value of the unit bond which is $1200 per bond is irrelevant here.
The amount recorded = Number of bonds * Current market value
The amount recorded = 250 * $1000 = $250,000
Answer:
$45,000
Explanation:
Details Amount
Factory payroll in cash $180,000
Ration of Direct labor to Indirect Labor "3:1"
Total = 3 + 1 = 4
So, Indirect Labor = $180,000*1/4 = $45,000
The amount to be debited to Factory Overhead for indirect labor for this month $45,000
Answer:
Option (C) is correct.
Explanation:
When federal reserve purchases bonds from the public then this will lead to an increase in the money supply. It is come under the category of open market purchases. It is a monetary policy instrument that is used by the central bank of a nation to control the money supply in an economy. If federal reserve sells government bonds to the public then this will lead to a fall in the money supply.
In order to solve for the percentage change in stock price,
you need to determine first the formula.
Rate of Change = ( ( current value / previous value ) – 1 )
x 100
Current value = $29.77
Previous Value = $28.35
= 29.77 / 28.35 – 1 x 100
Rate of Change =
5.01%
Answer: Use customer benefit statements due to the time allotment.
Explanation:
The options include:
a. Use the curiosity approach to generate interest.
b. Open with a demonstration to convince the prospect.
c. Use customer benefit statements due to the time allotment.
d. Use the product approach to make the prospect aware of discounts.
e. Open with the premium approach as the prospect is a five star hotel.
Based on the information given, the advice that'll be given to Mike is to use the customer benefit statements due to the time allotment.
We should note that the benefit statements are typically used in scenarios whereby one knows the critical needs of the customer and there's a short time available for a presentation to be done. Since the Tim tht Frank has is short but he already knows what the hotel wants, then this is the best option.