$1,032.19. Assume that the next coupon payment is exactly six months away. a) What is the yield-to- maturity of the bond? b) What is the effective annual rate
Answer:
Food-service management
Explanation:
The International Council On Hotel, Restaurant & Institutional Education (I-CHRIE) was founded in 1946 as a non-profit organization for schools offering programs in hotel and restaurant management, food service management and culinary arts.
Hence, Lionel haven joined the International Council on Hotel, Restaurant and Institutional Education for career guidance is aspiring for a profession in hospitality or food-service management.
200,000 have to find what 10 percent is and multiply that by 10
Answer:
<u>liability</u>, <u>asset </u>
Explanation:
Liability refers to a future obligation in monetary form which must be discharged by a business. Liabilities are classified on the basis of due period into current and long term. For instance payment due to a supplier, loan for repayment.
Assets on the other hand refer to something which yields future economic benefits. Assets could be in tangible fixed form, movable form or intangibles such as Goodwill.
In the given case, from the purpose of bank, acceptance of deposits constitutes a liability since the bank has to pay such deposits whenever required by the customer.
Similarly, lendings by a bank represent an asset since the bank would receive such sum coupled with interest at a future date.
