Chapter 14, Problem 6BCRQ

correct answer is accounting

Accounting question

A local credit union negotiates the purchase of a one-year interest rate cap with a cap rate of 4.75 percent with a national bank. The option has a notional principal of 1.5million and costs 2,800. In one year, interest rates are 5.65 percent. The local credit union's net profit, ignoring commissions and taxes, was_.

Help with problem and accounting question

General accounting

Need correct answer general accounting

If you give me correct answer this financial accounting question I will give you helpful rate

The cost per equipment unit of direct material is

help this answer accounting.