A. The original yield of the T-bill was 4.51%.
B. The T-bill was sold for $24,958.27.
C. The investor realized a rate of return of 5.69% per annum while holding this T-bill.
To solve this problem, we can use the formula for the yield of a Treasury bill:
Yield = (Face Value - Purchase Price) / Purchase Price x 360 / Days to Maturity
(a) To find the original yield of the T-bill, we can plug in the given values:
Yield = ($25,000 - $24,215.31) / $24,215.31 x 360 / 364 = 0.0451 or 4.51%
So the original yield of the T-bill was 4.51%.
(b) To find the price at which the T-bill was sold, we can use the formula for the price of a Treasury bill:
Price = Face Value / (1 + Yield x Days to Maturity / 360)
We know the face value is $25,000, the yield is 2.11%, and the number of days to maturity when it was sold was 17. Substituting these values, we get:
Price = $25,000 / (1 + 0.0211 x 17 / 360) = $24,958.27
So the T-bill was sold for $24,958.27.
(c) To find the rate of return per annum that the investor realized while holding this T-bill, we can use the formula:
Rate of Return = (Sale Price - Purchase Price) / Purchase Price x 360 / Days Held
We know the sale price is $24,958.27, the purchase price is $24,215.31, and the number of days held is 17. Substituting these values, we get:
Rate of Return = ($24,958.27 - $24,215.31) / $24,215.31 x 360 / 17 = 5.69%
So the investor realized a rate of return of 5.69% per annum while holding this T-bill.
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What percent of adults, nationally, were current on all credit payments in the last year?
Your friend sees your answer to #1 and assumes that each of those people has a high credit score. Why is your friend incorrect?
How does your state’s on-time payment record compare to the national rate?
Find your county within your state. How does your county’s rate compare to your state’s rate of on-time payment?
If you look at the state shading on the map, it seems on-time payment rates are somewhat clumped geographically. What might cause that “clumping?”
Based on prior learning, name two reasons that paying your credit card or loan bill late has serious consequences.
The percentage of adults, nationally, that were current on all credit payments in the last year is 78.5% .
Your friend is incorrect in assuming that all will have high credit scores. because base on the fact that a lot young adults have no credit experience. They are said to often have a high balance on too many credit card.
The state’s on-time payment record compare to the national rate is known to be Texas who are said to have an on-time payment record of 6.7% that is known to be lower than the national rate.
Miral county’s payment rate is 80%, 10% higher than the state of Texas.
The “clumping may be due to the types of jobs that are available to certain states.
The reasons our credit card or loan bill paid late?The reasons why our credit card or loan bill late said to be late is known to have a lot of serious effects if not managed. It can lead to:
Credit score reduction drastically, that can affect your credit report badly.It can also affect the types of opportunities, etc. that one can get through the credit bureau.learn more about credit payments from
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Points, Yum...much yum.
Answer:
yes yes
Explanation:
yumyumyumyumuum
Answer:
Thank you Yum yum yum yum.
A portion of the stockholders equity section from the balance sheet of Walland Corporation appears as follows: Assume that all the stock was issued on January 1 and that no dividends were paid during the first two years of operation. During the third year, Walland Corporation paid total cash dividends of $736,000. Compute the amount of cash dividends paid during the third year to each of the three classes of stock. Compute the dividends paid per share during the third year of each of the three classes of stock. What was the average issue price of each type of preferred stock?
A. The computation of the cash dividends paid during the 3rd year to each of the three classes of stock is as follows:
Cumulative Dividends: $540,000Non-Cumulative Dividends: $96,000Common Stock: $100,000.B. The computation of the dividends paid per share during the 3rd year for each of the 3 classes of stock is as follows:
Cumulative Dividends- Per Share: $13.50Non-Cumulative Dividends- Per Share: $12.00Common Stock- Per Share: $0.25.C. The average issue price of each type of preferred stock is as follows:
Cumulative preferred stock: $50Non-cumulative preferred stock: $100.How the dividends are computed:Total cash dividends paid = $736,000
9% Cumulative = $540,000 ($2,000,000 x 9% x 3 years)
12% Non-cumulative = $96,000 ($800,000 x 12%)
Common Stock = $100,000 ($736,000 - $540,000 - $96,000)
Dividends per share:9% Cumulative = $13.50 ($540,000 ÷ 40,000)
12% Non-cumulative = $12.00 ($96,000 ÷ 8,000)
Common Stock = $0.25 ($100,000 ÷ 400,000)
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Question Completion:Preferred stock, 9% cumulative, $50 par, 40,000 shares authorized, issued, and outstanding- $2,000,000
Preferred stock, 12% non-cumulative, $100 par, 8,000 shares authorized, issued, and outstanding- $800,000
Common Stock, $5 par, 400,000 shares authorized, issued & outstanding- $2,000,000
Total paid-in capital- $4,800,000
on september 1, year 1, west company borrowed $54,000 from valley bank. west agreed to pay interest annually at the rate of 9% per year. the note issued by west carried an 18-month term. west company has a calendar year-end. what is the amount of interest expense that will be reported on west's income statement for year 1?
The amount of interest expense that will be reported on west's income statement for year 1 is $1619.838.
What is an expense for interest?The expense of interest is related to the price of borrowing money. The fee incurred by a business for borrowed cash is known as an interest expenditure. Interest expense can be the cost of borrowing money from banks, bondholders, and other sources on the income statement.
Given:
The interest expenses will be charged for 4 month (September 1 to December 31)
Interest expenses = $54,000 × 9% × 4/12
Interest expenses = $54,000 × 0.09 × 0.3333
Interest expenses = $1619.838
So, the amount of interest expense that will be reported on West's income statement for Year 1 is $1619.838
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this u have to consider while planing for inter croping farming
Answer:
Answer to the following question is as follows;
Explanation:
The soil, temperature, and variety are all factors to consider when deciding which crops to combine. It is critical that crops do not compete for space, nutrients, water, or sunshine with one another. Cultivating one crop having deep roots beside another with shallow roots is an illustration of an intercropping technique.
Explain the point of view of why the gender pay gap in sports is reasonable.
Please also list any sources used.
Answer:
In the world of sports, there is a notorious wage gap between men and women, in which male athletes earn much higher wages than women. Thus, for example, the best soccer player in the world, the Argentine Lionel Messi, earns about $ 100 million a year, while the best-paid female soccer player is the American Alex Morgan, who earns about $ 500,000 a year.
This huge gap has its logic in the world of advertising: men, due to physical and anatomical characteristics, have a better performance in sports in general (with some exceptions), with which their performance is more spectacular than that of female athletes, thus generating a larger audience and, therefore, generating higher advertising revenue. Because of this situation, that is, to generate higher income, it is that male athletes earn more money than female athletes.
BRAINLIEST PLS HELP!
How do "needs, wants, and demands" play into marketing? Explain each term.
needs: something you need to survive such as shelter, water and food
wants: something you would like to have such as entertainment
demands: the amount of people needing the item.
supply and demand are important for marketing so products you are selling can be managed.
like a Christmas tree in November and December the item has high demand and high supply
but in june and july there is no demand for christmas trees but supply is being created by growing them.
what are features of business environment
Answer:
Business environment includes specific forces such as investors, customers, competitors and suppliers. Non-human or general forces are Social, Legal, Technological, Political, etc. which affect the Business indirectly.
Assume that in an economy the real interest rate equals r=0.05, the rate of growth of real GDP equals y = 0.03, and the primary deficit-to-GDP ratio equals d=0.03 and is expected to remain constant. a) Write the equation for the dynamics of debt-to-GDP ratio and show the dynamics in a graph. In the case the debt stabilizes, calculate the equilibrium level of debt (as % of GDP). b) What should be the level of the real interest rate (r), to stabilize debt-to-GDP at 150% without change in the primary deficit? Present this situation in a graph.
The equation for the dynamics of the debt-to-GDP ratio is d = (r - y) * D + d, where d represents the debt-to-GDP ratio, r is the real interest rate, y is the rate of growth of real GDP, D is the initial debt-to-GDP ratio, and d is the primary deficit-to-GDP ratio.
The equation for the dynamics of the debt-to-GDP ratio can be derived as follows:
d = (r - y) * D + d
where:
d represents the debt-to-GDP ratio, r is the real interest rate, y is the rate of growth of real GDP, D is the initial debt-to-GDP ratio, and, d is the primary deficit-to-GDP ratio.
To calculate the equilibrium level of debt (as a percentage of GDP) when the debt stabilizes, we set the change in debt (d) equal to zero:
0 = (0.05 - 0.03) * D + 0.03
Simplifying the equation, we find:
0.02 * D = 0.03
D = 0.03 / 0.02
D = 1.5
Therefore, the equilibrium level of debt (as a percentage of GDP) is 150%.
Moving on to the second part of the question, to stabilize the debt-to-GDP ratio at 150% without changing the primary deficit (d), we need to determine the real interest rate (r).
The equation for debt stabilization can be rearranged as follows:
r = (d - d) / D + y
Substituting the given values, we have:
r = (1.5 - 0.03) / 1.5 + 0.03
r = 1.47 / 1.5 + 0.03
r ≈ 0.09
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what will I need to start a clothing shop
Answer:
Explanation:
But meanwhile his you are going to start a new clothing business you will not have much finance ( money ) but first u have to advertise to the customers . get the customers attraction and there satisfaction , because then one customer will spread the whole news about your clothing shop to almost all the customers. which will be beneficial for you .
You will have to advertise on the tv , radio , bill boards , newspapers , many other marketing equipments plus u must advertise your business in a way that the customers will be willing to purchase your clothes from your clothing shop.
Then eventually you will gain more profits and will lead to profits so after sometime you can create a a online shopping like a website , because some and many customers will be willing to purchase your clothes through the online platform. which saves the customers time and transportation costs and etc.
By the way the main element is customers because without customers there will be no lead / success to your clothing shop.
Hope this answer helps you :)
Have a great day.
Mark brainliest :)
What is the planned and systematic process of reducing contamination to a level that is as low as reasonably achievable
The answer to the question is that the planned and systematic process of reducing contamination to a level that is as low as reasonably achievable is called "decontamination."
Decontamination is a multi-step process that involves the use of various techniques and equipment to remove or reduce the presence of harmful substances or contaminants from surfaces, equipment, or materials.
The different types of decontamination methods, such as physical, chemical, and biological techniques, as well as the factors that influence the choice of decontamination methods, such as the type and level of contamination, the materials or surfaces to be decontaminated, and the availability of resources.
Additionally, it would be important to note that decontamination is a critical process in a variety of industries, including healthcare, food production, and manufacturing, as it helps to ensure the safety and well-being of individuals and the environment.
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Which statement about game rules is NOT true? A. Without rules, there is no competition. B. Competitors should accept penalties for rule violations. C. Rules form a contract by which we compete. D. Rules are made to be broken. Please select the best answer from the choices provided. A B C D
Answer: THE ANSWER IS (D)
Explanation:
The correct option is: D. Rules are made to be broken.
What are the game rules?
Rules may be defined as statements and directions that must be followed within a given game in order for it to be played correctly. They are often fixed as "rulesets," created by the game designer and agreed upon by the players. The interactions between rules create the formal system underlying any given game.
Are rules important in a game?Rules provide an agreement of understanding to competition. In sports, rules define what is allowed or not allowed to occur during situations on and off the court. Rules govern anything from wearing proper uniforms to how to keep score during games of different levels of competition.
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Country Real GDP Population A $150,000 200 B $120,000 150 C $120,000 200 D $100,000 100 E $75,000 100 Real per capita gross domestic product (GDP) in country A is ________. $300 $600 $750 $800 $900
The real per capita GDP in Country A is $750. The correct option is $750.
To calculate the real per capita GDP for Country A, we need to divide the Real GDP by the population of the country. Here's the step-by-step explanation:
1. Find the Real GDP and population for Country A:
Real GDP (A) = $150,000
Population (A) = 200
2. Calculate the real per capita GDP for Country A:
Real per capita GDP (A) = Real GDP (A) / Population (A)
Real per capita GDP (A) = $150,000 / 200
3. Solve the equation:
Real per capita GDP (A) = $750
So, the real per capita GDP in Country A is $750. The correct option is $750.
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The following information pertains to Klaze Corp. in Year 2:Interest expense for the year $15,000Interest payable at beginning of the year 8,500Interest payable at end of the year 11,500Unamortized bond discount at beginning of the year 9,500Unamortized bond discount at end of the year 7,500If Klaze uses the direct method to prepare its statement of cash flows, what amount should be reported as the cash paid for interest in Year 2?A. $10,000B. $12,000C. $14,000D. $16,000
The correct answer is C. $14,000.
To determine the cash paid for interest in Year 2 for Klaze Corp., we need to use the following formula:
Cash paid for interest = Interest expense + Decrease in interest payable - Decrease in unamortized bond discount
Plugging in the given values:
Cash paid for interest = $15,000 + ($8,500 - $11,500) - ($9,500 - $7,500)
Simplifying:
Cash paid for interest = $15,000 - $3,000 - $2,000
Cash paid for interest = $14,000
Therefore, the amount that should be reported as the cash paid for interest in Year 2 is $14,000. The correct answer is C. $14,000.
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What is the term for goods that
your business ships to another
country?
A. Subsidiaries
C. Imports
B. Exports
D. Embargos
The term for goods that your business ships to another country is known as Exports.
Export/ Exporting:
The process by which companies from one country sell their goods and services to companies or consumers in a different country is known as Exporting.The exports, along with imports, make up international trade.They are incredibly important to modern economies as they offer people and firms many more markets for their goods.Exporting into foreign markets can reduce per-unit costs by expanding operations to meet increased demand. Also, the companies that export into foreign markets gain new knowledge and experience that may allow the discovery of new technologies, marketing practices, and insights into foreign competitors.ECONOMICS CHAPTER 2 SECTION 3
explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market
ECONOMICS CHAPTER 2 SECTION 3
Private property rights and market is in which people buy and sell resources or goods and services.
Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.
Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.
Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.
Factor market and product market- The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.
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What's time based management?
Which single factor was most responsible for the ability of industrial peoples to overthrow nonindustrial peoples?
Technological superiority was the single factor most responsible for the ability of industrial peoples to overthrow nonindustrial peoples.
During the period of European imperialism, technological advancements gave industrialized nations an advantage over non-industrialized societies. European countries were able to produce goods and weapons at a much faster rate and of better quality than non-industrialized nations. This gave them the power to control resources and territories, which were important for their economies.
Furthermore, the technological advancements of transportation allowed Europeans to quickly move troops and supplies to faraway locations. This advantage allowed industrialized nations to overpower non-industrialized societies militarily, thereby expanding their empires and exerting their influence over other nations.
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a business model represents a ____ in a business situation
A business model represents a blueprint in a business situation.
It serves as a structured plan or strategy that outlines how a company operates, creates value, and generates revenue. It encompasses various aspects of a business, including its target customers, value proposition, key activities, resources, partnerships, and revenue streams.
A business model is essentially a blueprint that guides the overall direction and functioning of a company. It helps to align the organization's activities and resources in a way that maximizes its chances of success and profitability. By clearly defining how a business operates, a business model provides a roadmap for achieving the company's goals and objectives.
Think of a business model as a set of interconnected components that work together to deliver value to customers and generate revenue. Each component plays a crucial role in the overall functioning of the business.
Target Customers: The business model identifies the specific group of customers that the company aims to serve. It defines their characteristics, needs, and preferences.
Value Proposition: This describes the unique value that a company offers to its customers. It explains why customers should choose the company's products or services over those of its competitors.
Key Activities: These are the core actions or processes that a company undertakes to deliver its value proposition. They can include manufacturing, marketing, distribution, customer support, and more.
Resources: A business model specifies the resources required to carry out the key activities effectively. Resources can include physical assets (e.g., machinery, facilities), intellectual property, human capital, and financial capital.
Partnerships: Companies often form partnerships with other organizations to enhance their capabilities or access new markets. A business model identifies the key partners and explains how they contribute to the overall value creation process.
Revenue Streams: A business model outlines how a company generates revenue from its products or services. It identifies the pricing strategy, sales channels, and any additional sources of income, such as subscriptions or advertising.
By considering and integrating these components, a business model helps a company understand how it can create value for its customers while achieving financial sustainability. It provides a holistic view of the business and guides decision-making processes, such as product development, marketing strategies, and resource allocation.
It's important to note that business models can vary across industries and companies. Each business may adopt a unique combination of these components based on its market, competitive landscape, and organizational goals. As the business environment evolves, companies may need to adapt or innovate their business models to stay relevant and competitive.
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Complete Question
Fill in the blanks with appropriate answer:
A business model represents a ____ in a business situation.
it is acceptable to ridicule the religion, customs and beliefs of other cultures. (true or false)
False. It is not acceptable to ridicule the religion, customs, and beliefs of other cultures. Doing so can be considered disrespectful, insensitive, and offensive.
It is important to understand and respect the cultural differences that exist in our world, and to celebrate diversity rather than tear it down. When we ridicule the beliefs of others, we contribute to a culture of ignorance and intolerance. Instead, we should strive to learn about and appreciate the customs and beliefs of different cultures, and approach them with an open mind and a spirit of curiosity. By doing so, we can foster greater understanding and empathy between people of different backgrounds, and create a more harmonious and inclusive world.
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Which success factors point to using manpower and processes in an organization?
The success of an IS implementation relies on efficient
V
and
of manpower and processes.
Success factors to the usage of manpower and processes in an agency: the first one is utilization and the second one is responsibility.
A success factor is any knowledge, ability, trait, motive, attitude, fee, or different personal characteristic that is critical to carry out the process or role and that differentiates strong from superior performance.
SAP SuccessFactors is a cloud-primarily based SaaS (software program as a provider) platform, while SAP HCM is SAP's authentic on-premise HR solution. essentially, both solutions clear up the equal business problem: Human resource management.
SuccessFactors is an SAP product suite to provide a cloud-based total strategy to manipulate various HR capabilities along with business alignment, human overall performance, recruitment, and getting to know sports for all sizes of businesses in extra than 60 industries.
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maintaining or increasing market share a. can be achieved even if industry sales are flat or decreasing. b. is a profit-related objective base
Maintaining or increasing market share can be achieved even if industry sales are flat or decreasing.
What does it mean to maintain market share?
A firm that is maintaining its market share is gaining revenues at the same rate as the whole market for a good or service. A company's revenues will increase more quickly than those of its rivals if it is increasing its market share. Huge earnings are guaranteed by a large market share. Customers are curious about a company's market share.
Market share is a metric for gauging a company's success. In particular, a company is more likely to have larger profit margins, a lowering purchases-to-sales ratio, a declining marketing cost as a proportion of sales, and higher quality and more expensive items as market share grows.
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What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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The exporter endorses the ________ so title to the goods is transferred to the bank.
a. promissory note
b. draft
c. letter of credit
d. bill of lading
The exporter endorses the bill of lading so title to the goods is transferred to the bank.
A bill of lading with the exporter's signature on it grants the bank ownership of the goods. The receipt of items for shipment is acknowledged by a bill of lading, which is a legal document provided by the carrier or shipping firm. It functions as both a proof of title for the goods and a record of the transportation contract. By signing the bill of lading, the exporter gives the bank custody of the products up until the terms or conditions outlined in the transaction are satisfied. This gives the bank ownership of the items while they are being transported. When conducting international business, this method offers security to both the exporter and the importer.
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help
....... ...........................
If I were appointed as an office assistant, to increase the efficiency in the office, I would use schedule to my advantage. Set times to work on set projects without interruption, and then breaks to cool down or transition topics would be crucial. I would also strongly encourage organization of physical property as well as filing so everyone can conveniently and efficiently access what they need.
National Electric Company (NEC) is considering a $22 million
expansion project. The project’s expected after-tax cash flows will
be $4 million, in perpetuity. The company can issue either equity
or
The company can issue either equity or debt to finance the expansion project.
Let's analyze the financial implications of issuing equity or debt for NEC.
Issuing Equity:
If NEC decides to issue equity, it means they will sell shares of their company to raise funds. Let's assume that the cost of equity for NEC is 10%. Since the cash flows from the project are expected to be $4 million in perpetuity, we can use the perpetuity formula to calculate the present value (PV) of these cash flows:
PV of perpetuity = Cash flow / Cost of equity
PV of perpetuity = $4 million / 10% = $40 million
Therefore, by issuing equity, NEC will need to sell shares worth $40 million to generate $22 million for the expansion project. This means NEC will retain ownership but dilute the ownership stake of existing shareholders.
Issuing Debt:
Alternatively, NEC can finance the expansion project by issuing debt, which means borrowing money. Let's assume the cost of debt for NEC is 8%. By using the cost of debt, we can calculate the present value (PV) of the cash flows:
PV of perpetuity = Cash flow / Cost of debt
PV of perpetuity = $4 million / 8% = $50 million
With debt financing, NEC will need to borrow $22 million to finance the expansion project, which will have a present value of $50 million in perpetuity.
Comparison:
Comparing the two options, issuing equity would raise $22 million but result in a present value of $40 million. On the other hand, issuing debt would raise the same $22 million but result in a present value of $50 million. Therefore, based on the present value of cash flows, issuing debt seems to be the more favorable option for NEC to finance the expansion project.
However, it's important to note that the decision between equity and debt financing depends on various factors, such as the company's financial position, risk tolerance, capital structure, and market conditions. NEC should consider these factors and consult with financial advisors to make an informed decision.
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Trend percent is computed by taking the (analysis period amount ______________) x 100. _______________ refers to the availability of resources to pay short-term cash requirements. Analysis is aimed at a company's funding requirements.
Trend percent is computed by taking the (analysis period amount divided by base period amount) x 100. Liquidity refers to the availability of resources to pay short-term cash requirements. Analysis is aimed at a company's funding requirements.
Trend percent, also known as trend analysis, is a technique used to evaluate the financial performance of a company over time by comparing analysis period amounts to base period amounts. Liquidity, on the other hand, is a measure of a company's ability to meet its short-term cash obligations. A proper analysis of both trend percent and liquidity helps in understanding a company's funding requirements and overall financial health.
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A U.S. corporation builds an amusement park in France. Its expenditures are U.S. a. foreign portfolio investment that increase U.S. net capital outflow. b. foreign portfolio investment that decrease U.S. net capital outflow. c. foreign direct investment that increase U.S. net capital outflow. d. foreign direct investment that decrease U.S. net capital outflow.
Answer:
C)Foreign direct investment that increase US net capital outflow
Explanation:
From the question we are informed about A U.S. corporation who builts an amusement park in France. In this case, Its expenditures are U.S. Foreign direct investment that increase US net capital outflow. An expenditure can be regarded as payment used in purchasing goods or services either with cash or credit. It is regarded as money been spent on something. A foreign direct investment (FDI) can be regarded as an investment which is been set up by a firm or individual in ones country having business interests which is been located in another country. foreign direct investment do occur when foreign business operations is been set up by an investor or the investor is a able to acquire business assets in particular
foreign company.
What are the benefits of using the NPV rule as an investment decision rule? Select all statements that are true.
a. Accounts for the time value of money
b. Accounts for risk
c. Dividends and the value of the stock only if the investor sells the stock
d. Measure of value added to the firm
Benefits of adopting the NPV (Net Present Value) rule as an investment decision rule include taking into account risk, the time worth of money, and the measure of value added to the company.
What advantages does NPV offer?The net present value method has the obvious benefit of accounting for the fundamental truth that a dollar now is worth less than one in the future. The cash flows are always discounted by an additional term of capital expense.
The NPV decision rule is what.According to the net present value rule, business executives and investors should only finance initiatives or enter into contracts that have a net present value that is in their favour (NPV).
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5. Which of the following statements is true about credits?
a) Credits show an increase in what a company owns or a decrease in what it owes.
b) A credit to an asset account shows a decrease.
c) A credit to a liability account shows an increase.
d) Credits show a decrease in what a company owns or an increase in what it owes.