Answer:
The home repair companies and building supplies companies wanted to maintain their long term relationship.
Explanation:
Because the companies were considerate on their pricing after the clients lost their homes, a bond will be formed that has long term value and loyalty to the company.
This is a great strategy to get clients that will stick with the companies for a long time to come.
Answer:
$50,000
Explanation:
Calculation to determine the amount of the loss on sale of receivables that CarsRUs would recognize at the sale of its receivables
Using this formula
Loss on sale of receivables=[(Recourse Accounts receivable*Finance fee charges)+Estimated recourse liability]
Let plug in the formula
Loss on sale of receivables=(3%*$800,000)+$26,000
Loss on sale of receivables=$24,000+$26,000
Loss on sale of receivables=$50,000
Therefore the amount of the loss on sale of receivables that CarsRUs would recognize at the sale of its receivables will be $50,000
Answer: Socio-cultural component
Explanation:
The socio-culture component is one of the type of system in an organization that helps in embraces the various types of culture and the society concept.
The socio-culture components basically helps in constructing the holistic approach for managing the social structure, education system and the political organization.
According to the given question, the coast-west is one of the company which basically selling the various types of weeding accessories and based on the given scenario the Socio-culture component is one of the best effect that illustrating the given situation.
Therefore, Socio-cultural component is the correct answer.
Answer: 1.82
Explanation:
Following the information given, the number of years that it will take until this bond matures will be calculated thus:
Current price = $1021.26
Coupon = 8% = 0.08
Face value = $1000
Semiannual coupon = 0.08/2 × 1000 = 40
Semiannual Yield = 6.74%/2 = 0.0674/2 = 0.0337
Total semiannual period = NPER(0.0337, 40, -1021.26, 1000) = 3.64
Total years will now be: = 3.64/2 = 1.82
Therefore, the correct option is B.
When computing interest expense using the effective interest rate method, the <u>MARKET </u>interest rate should be used.
<h3>What is the effective interest rate method?</h3>
The effective interest rate method allows us to be able to discount the par value and the coupon payments of a bond. This then tells us the bond value.
To use the effective interest rate method, you should use the market interest rate as it is a more accurate indicator of risk.
Find out more on the effective rate method at brainly.com/question/25654055
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