Financial Accounting Intro Concepts Meth/Uses
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN: 9781285595047
Author: Weil
Publisher: Cengage
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Financial instruments are assets that have a monetary value or record a monetary transaction. To coordinate the exchange of capital between borrowers and lenders, financial instruments trade in the financial markets. These financial instruments can be categorized on the basis of their issuers, maturity, risk, and other factors. Identify the financial instruments based on the following descriptions. Backed by the U.S. government, these financial instruments are short-term debt obligations with a maturity of less than one year. They are considered risk-free investments.  State and local government bonds, U.S. Tresury, U.S. Tresury notes and bonds Issued by money-centered financial firms, these short- or medium-term insured debt instruments pay higher interest than a regular savings account. They are low-risk instruments and have low returns.     Money Market Mutual Funds, Certificates of Deposit, Commercial Paper These financial instruments are investment pools that buy such…
The following information is to be used in answering the following question: TT Exports (TTE)Manufacturing's foreign subsidiary has the following balance sheet:   Cash, marketable securities Accounts receivable Inventory (at market. Fixed Assets   Total assets   FC 250,000 1,000,000 2,700,000 5,100,000 ----------------- FC 9,050,000     Current liabilities   Long-term debt   Equity     Total liabilities   plus equity   FC 750,000 3,400,000 4,900,000   --------------- FC 9,050,000   Suppose the FC appreciates from $0.70 to $0.75 during the period. Under the current rate method, what is TTEs translation gain (loss)? a. a loss of $192,000 b. a loss of $12,000 c. a gain of $294,000 d. a gain of $245,000
Which of the following is a matured money market instrument widely used in the USA, Europe and Asia where both cash and securities are the motivators? a. Commercial Papers b. Treasury Bills c. Repurchase Agreements d. Certificate of Deposits
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