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Sloan [31]
2 years ago
4

Commercial Paper is: a. A formal, committed line of credit extended by a bank or other lending institution b. An informal arrang

ement in which a bank agrees to lend up to a specified maximum amount of funds during a designated period c. A minimum checking account balance that a firm must maintain with a commercial bank d. A document specifying the terms and conditions of a loan, including the amount, interest rate and repayment schedule e. Unsecured, short term promissory notes of large firms, usually issued in denominations of $100,000,000 or more and having an interest rate somewhat below the prime rate
Business
2 answers:
serious [3.7K]2 years ago
5 0

Answer:

e. Unsecured, short term promissory notes of large firms, usually issued in denominations of $100,000,000 or more and having an interest rate somewhat below the prime rate

Explanation:

Commercial paper is a form of debt financing that may be engaged by an organization. It is usually recognized in the current liabilities section of the balance sheet because it is a short term promissory note issued by organizations (usually large).

It is usually issued in a bid to meet short term liabilities such as accounts payable as they fall due.

Goryan [66]2 years ago
4 0

Answer:

Commercial paper is an unsecured, short-term promisorry notes of large firms, usually issued in denomination of $100,000 or more and having an interest rate somewhat below the prime rate

Explanation:

commercial paper is regarded as unsecured because it does not require collateral but based on the credit rating of the firm.

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Suppose the following bond quotes for IOU Corporation appear in the financial page of today’s newspaper. Assume the bond has sem
wlad13 [49]

Answer:

a. 4.89%

b. 5.23%

Explanation:

We use the rate formula which is shown in the attached spreadsheet

Given that,  

Present value = $2,000 × 108.96% = $2,179.20

Future value or Face value = $2,000  

PMT = $2,000 × 5.7% ÷ 2 = $57

NPER = 16 years × 2 = 32 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  

a. The yield to maturity of the bond is 4.89%

b. The current yield would be

= 57 × 2 ÷ $2,179.20

= 5.23%

4 0
2 years ago
What is the correct strategy that Alejandra must use to deliver a negative message?
Serga [27]

Answer:

Apologize and come up with a new plan. Of course, you need to apologize, if you don't then that becomes a problem. (especially if they are a Karen.) After apologizing start to explain what you are going to do about it. For Example  Refunds, Store Credit, Replacement, Etc. To start off. Then fix the problem. Also, tell them that you are going to do so and so to fix it. Like creating anew toy or whatnot.  Hope this helps!  

6 0
2 years ago
When the perpetual inventory method is being used, the accountant debits __________ __________ and credits Accounts Payable (or
777dan777 [17]

Answer:

merchandise inventory

Merchandise inventory

Merchandise inventory    

Merchandise inventory

Merchandise inventory    

Merchandise inventory

Explanation:

When the perpetual inventory method is being used, the accountant debits  <u>merchandise inventory </u>and credits Accounts Payable (or Cash) when goods are purchased and debits Cost of Goods Sold and credits <u>merchandise inventor</u>y when gods are sold, along with the proper sales entry.

When the perpetual inventory method is being used, the accountant debits  <u>merchandise inventory </u>and credits Accounts Payable (or Cash) when goods are purchased and debits Cost of Goods Sold and credits <u>merchandise inventor</u>y when gods are sold, along with the proper sales entry.

When the perpetual inventory method is being used, the accountant debits  <u>merchandise inventory </u>and credits Accounts Payable (or Cash) when goods are purchased and debits Cost of Goods Sold and credits <u>merchandise inventor</u>y when gods are sold, along with the proper sales entry.

The cost of each sale transaction ensures that the merchandise inventory account under a perpetual inventory system reflects the updated cost of merchandise available for sale.

4 0
2 years ago
Identify an element of a successful persuasive tweet.
Sever21 [200]

Many companies use blogs and tweets to help develop a positive online presence.

Option B : To fit in all the AIDA elements, break a longer message into a multi-part tweet.

Explanation:

Websites and Twitter accounts of businesses are strong marketing resources which can help to portray an optimistic and knowledgeable presence online.

The concepts underneath AIDA even now relate to micro-names, even though you likely won't use the complete, four-part plan. Using catching and interesting interest recipients, and seek to always have a call for action. Do not spread endless retweets, numerous tweets, or other things that are more distressing to your viewers than they receive.

7 0
2 years ago
Veronica buys a laptop from a local salesperson, but it turns out to be defective. She tells her friends and relatives about the
katovenus [111]

Answer: A negative referral.

Explanation: Veronica has given a negative report of the laptop she bought from local salesperson to her family and friends therefore a negative referral has been given about the salesperson, which would discourage the family and friends from buying things from that local salesperson in the future.

7 0
2 years ago
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