A trader wants to buy goods worth £1m and draws up a Bill of Exchange, promising to pay this amount in three months’ time. The bill is immediately sold on (by the seller of the goods) to a discount house, which pays out £975,000. a) How big is the discount in monetary terms?
b) How much profit will the discount house make if it holds the bill to maturity?
c) What is the EAR earned?

Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?

Because the demand for wheat tends to be inelastic. true or false

Choose a well-known company that you know of, and describe its direct and indirect competitors. choose a well-known company that you know of, and describe its direct and indirect competitors. describe at least three direct competitors and three indirect competitors.at least three direct competitors and three indirect competitors.