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2 years ago

Which type of money does the diagram best describe?

Business

1 answer:

loris [4]2 years ago

8 0

Answer: Commodity

Explanation: I believe this is the answer because Commodity money actually presents value because it can be valuable in different ways such as gold and silver.

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Austrian Airlines was sued by a 51-year-old former director of sales who charged that he was dismissed and replaced by an employ

Angelina_Jolie [31]

Answer:

the correct answer is True

good luck ❤

7 0

2 years ago

Stiller Corporation incurred fixed manufacturing costs of $12,000 during 2011. Other information for 2011 includes: The budgeted

DiKsa [7]

Answer:

Cost of Goods Sold will contain 9,600 of the fixed manufacturing cost

Explanation:

actual fixed cost 12,000

Under absorption cost, the produced units will take the complete manufacturing cost

total manufacturing cost / produced units

12,000 / 1,500 units = 8

Then, we multiply by the amount of units sold to know how much of the manufacturing cost were recognize during the period

1,200 x 8 = 9,600

The rest, will be capitalized into inventory.

6 0

2 years ago

Bonds of Zello Corporation with a par value of $1,000 sell for $960, mature in five years, and have a 7% annual coupon rate paid

AURORKA [14]

Answer and Step by Step Explanation:

a i)Current yield = Coupon/Price = $70/$960 = 0.0729 = 7.29%

ii. Yield to maturity (to the nearest whole percent, i.e., 3%, 4%, 5%, etc.)

YTM = 3.993% semiannually or 7.986% annual bond equivalent yield.On a financial calculator, enter: n = 10; PV = –960; FV = 1000; PMT = 35

iii.

Realized compound yield is 4.166% (semiannually), or 8.332% annual bond equivalent yield.

Therefore to get this value, we would find the future value (FV) of reinvested coupons and principal in which there will be six payments of$35 each, reinvested semiannually at 3% per period.

PV = 0; PMT = 35; n = 6; i = 3%. Compute: FV = 226.39

Three years from now, the bond will be selling at the par value of $1,000 because the yield to maturity is forecast to equal the coupon rate. The total proceeds in three years will be: $226.39 + $1,000 =$1,226.39

The rate (yrealized) that makes the FV of the purchase price equal to $1,226.39: $960 * (1 + yrealized)6= $1,226.39

yrealized= 4.166% (semiannual)

b . i. Current yield. Current yield can be defined as the way capital gains or losses on bonds bought at prices , reinvestment income on coupon payments are not account for other than par value.

ii. Yield to maturity can be seen as the bond which is held until maturity and that all coupon income can be reinvested at a rate equal to the yield to maturity

iii. Realized compound yield are yield that is affected by the forecast of reinvestment rates, holding period, and yield of the bond at the end of the investor's holding period

7 0

2 years ago

3.12. Retirement Planning Your uncle has $90,000 that he wishes to invest now in order to use the accumulation for purchasing a

Bumek [7]

Answer:

$12106

Explanation:

Below are the possible return options, and investment options given the schedule and period of investment.

REFER TO ATTACHED FILE FOR THE CHAT

According to this chart, Uncle can get maximum return only from option C. So he should invest everything there, however he needs to pay off 24,000 loan at the end of Year 3. Therefore, he needs to invest an amount that will yield him 24000 at then end of year 3, in Plan B.

That can be calculated by 24000/1.36 = 17647

The balance amount can wait till the beginning of year 2, and then all the amount can be invested in Plan C.

The maximum return at the end of 5 years available will be:

Amount invested in Plan C = 90000 - 17647 (amount saved for the loan payment) = 72353

Return from Plan C at the end of 5yrs = 72353 x 1.66 = $ 12106

6 0

2 years ago

Oscar and Julia can both produce either bananas or coffee. Oscar can produce either 16 pounds of coffee and 0 pounds of bananas

Aneli [31]

Answer:

d)The opportunity cost of 1 lb. of coffee is 4 lbs. of bananas for Oscar.

Explanation:

a)The opportunity cost of 1 lb. of bananas is 4 lbs. of coffee for Oscar.

In order to produce 64 pounds of banana, Oscar has to give up producing 16 pounds of coffee, his opportunity cost is:

$C= \frac{16}{64}= 0.25$

The statement is false.

b)Oscar has absolute advantage in the production of coffee.

Julia has a higher production capacity for coffee (20 pounds to 16 pounds) and therefore has the absolute advantage.

The statement is false.

c)Julia has comparative advantage in the production of bananas.

Julia has a higher opportunity cost for producing a pound of bananas (0.5 pounds of coffee to 0.25 pounds of coffee) and therefore does not have the comparative advantage.

The statement is false.

d)The opportunity cost of 1 lb. of coffee is 4 lbs. of bananas for Oscar.

In order to produce 16 pounds of coffee, Oscar has to give up producing 64 pounds of banana, his opportunity cost is:

$C= \frac{64}{16}= 4$

The statement is true.

4 0

2 years ago