Business, 11.03.2020 17:15, shouyuanroh8462
Your firm invested $2,497,700 in 310-day commercial paper today. At the end of the investment period (in 310 days) the firm will receive $2,596,100.
a. What is the 310-day holding period rate of return on the investment? (Round your answer to 2 decimal places.)
HPR %
b. How many 310-day periods are there in one year? (Use a 365-day year. Round your answer to 4 decimal places.)
Number of periods %
c. What is the annual percentage rate APR earned on the investment? (Round your answer to 2 decimal places.)
APR %
d. What is the effective annual rate (EAR)? (Round your answer to 2 decimal places.)
EAR %
Answers: 3
Business, 21.06.2019 20:20, derpmuffin47
On february 3, smart company sold merchandise in the amount of $5,800 to truman company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. smart uses the perpetual inventory system and the gross method. truman pays the invoice on february 8, and takes the appropriate discount. the journal entry that smart makes on february 8 is:
Answers: 3
Business, 22.06.2019 06:30, solphiafischer
Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication
Answers: 2
Business, 22.06.2019 09:40, Xavier8247
The wall street journal reported that walmart stores inc. is planning to lay off 2,300 employees at its sam's club warehouse unit. approximately half of the layoffs will be hourly employees (the wall street journal, january 25-26, 2014). suppose the following data represent the percentage of hourly employees laid off for 15 sam's club stores. 55 56 44 43 44 56 60 62 57 45 36 38 50 69 65 (a) compute the mean and median percentage of hourly employees being laid off at these stores. (b) compute the first and third quartiles. (c) compute the range and interquartile range. (d) compute the variance and standard deviation. (e) do the data contain any outliers? (f) based on the sample data, does it appear that walmart is meeting its goal for reducing the number of hourly employees?
Answers: 1
Your firm invested $2,497,700 in 310-day commercial paper today. At the end of the investment period...
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