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2 years ago

What does the information demonstrate about alex’s investments?

1 answer:

7 0

The information demonstrates about that Alex's investments would most likely would have benefited by diversifying.

<h3>What is a diversification?</h3>

This refers to the act of adopting a growth strategy that involves entering into a new industry while also creating a new product for that new market.

Hence, based on the information given, it is deduced that Alex's investments would most likely would have benefited by diversifying.

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PackMan Corporation has semiannual bonds outstanding with nine years to maturity and are currently priced at $754.08. If the bon

Ann [662]

Answer:

b. 8.225%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.

The NPER represents the time period.

Given that,

Present value = $754.08

Assuming figure - Future value or Face value = $1,000

PMT = 1,000 × 7.25% ÷ 2 = $36.25

NPER = 9 years × 2 = 18 years

The formula is shown below:

= Rate(NPER,PMT,-PV,FV,type)

The present value come in negative

So, after solving this,

1. The pretax cost of debt is 11.75%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 11.75% × ( 1 - 0.30)

= 8.225%

8 0

3 years ago

Why is one dollar now worth more than one dollar in the future?

Galina-37 [17]

Because then there will be a limited amount of supplies and resources on Earth, so the value will be rare and expensive.

4 0

3 years ago

Why might complaints of age discrimination grow when the economy is slow? companies work very hard to retain their best talent i

siniylev [52]

Companies may try to lower their labor costs by laying off higher paid workers.

Typically the higher paid workers will be professionals who have worked their way up over time and tend to be older, while younger workers fresh out of school and looking for their first jobs will be more willing to take lower salaries.

5 0

3 years ago

Internal controls are designed to accomplish five objectives that include compliance with legal requirements, promote operation

Ira Lisetskai [31]

Answer:

<u>Ensure accurate reliable accounting records</u>

Explanation:

Internal controls refer to those processes and procedures employed by the management of an entity so as to ensure efficient operations and to keep a check on frauds and compliance with better reporting requirements.

For example, biometric system of recording employee attendance which keeps a check as in who is actually on payroll and elimination of any dummy entries from the records.

The purpose of internal control is to safeguard assets, ensure that employees adhere by company policies, compliance with the law, promote operational efficiency and ensure reliable financial reporting without misrepresentation of facts.

3 0

3 years ago

The office of management and budget is one of the most powerful agencies in washington because it __________.

matrenka [14]

<span>This office manages the country's money. The budget is important because all of the government programs are given a certain amount of money in it. It must be followed so we have enough money to do what is needed in this country. Welfare, security and other important programs are in the budget.</span>

6 0

3 years ago