Examlex
Which of the following characteristics apply to merchandising organisations?
i. They purchase goods for sale.
ii. Outputs can be stored.
iii. They produce intangible outputs.
iv. Services are consumed as they are produced.
Strip Bond
A bond where both the principal and regular interest payments have been separated and are sold individually.
Yield Rate
The rate of return on an investment over a specified period, expressed as a percentage, considering both interest and dividends.
Compounded Semi-annually
When interest is compounded semi-annually, it is calculated and added to the principal amount twice a year.
Whale Population
The total number of whales in a particular species or geographical area, often monitored for conservation purposes.
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