All of the following are financially engineered products, except:
A) Mortgage
B) Mortgage backed security
C) Interest only
D) Principal only
A
You might also like to view...
Barclay Bikes manufactures and sells three distinct styles of bicycles: the Youth model sells for $300 and has a unit contribution margin of $105; the Adult model sells for $850 and has a unit contribution margin of $450; and the Recreational model sells for $1,000 and has a unit contribution margin of $500. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,500,000, calculate the firm's selling price per composite unit.
A. $15,150. B. $1,950. C. $7,575. D. $13,200. E. $1,255.
The EOQ model assumes that daily demand is?
a. Unknown b. Increasing c. Decreasing d. Constant
What stage of the consumer buying decision process comes after problem recognition?
A. Selective exposure B. Psychological analysis C. Evaluation of alternatives D. Evaluation of the problem E. Information search
Hasham purchases inventory from overseas and incurs the following costs: the merchandise cost is $80,000, credit terms 1/10, n/30, applicable only to the $80,000; FOB shipping point freight charges are $2,500; insurance during transit is $300; and import duties are $1,500. Hasham paid within the discount period. Compute the cost that should be assigned to the inventory.
A. $84,300 B. $81,700 C. $83,500 D. $81,000 E. $79,200