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1 year ago

Suppose an interest group offers you a discount on car repairs for joining. what kind of benefit is it offering?

1 answer:

6 0

Suppose an interest group offers you a discount on car repairs for joining. The kind of benefit which is being offered is called solidary benefit.

A solidary benefit is another type of benefit offered to members of an interest group. A solidary benefit is one in which the rewards for participation are social and created out of the act of association.

Solidary benefit also social rewards, which lead people to join local or state political organizations. Those who find politics fun and they have interest in politics are sent to respond to Solidary incentives.

When you join an interest group, you are offered with a discount which is highly based on the kind of interest group which a person is joining. Suppose an interest group can offer you a discount on car repairs for joining.

Hence, this kind of benefit is called solidary benefit.

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Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua

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Answer:

Price of bond = $ 924.50

Explanation:

The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).

Value of Bond = PV of interest + PV of RV

The price of the bond can be worked out as follows:

Step 1

PV of interest payments

annul interest payment = 6.4 % × 1,000 = 64

Annual yield = 7.5%

Total period to maturity (in years) =10

PV of interest =

64 × (1- (1.075)^(-10)/)/0.075= 439.30

Step 2

PV of Redemption Value

= 1,000× (1.075)^(-10) = 485.19

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Price of bond

439.30 + 485.19 =$924.49

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3 years ago

Detailing's cost formula for its materials and supplies is $2,060 per month plus $12 per vehicle. For the month of August, the c

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Answer:

Planning budget amount = $3,052.00

Explanation:

The planning budget is als0 known as the fixed budget . It is the budget prepared for the original level of activity intended or planned for. As it's name implies, it is used for planning purpose.

For the month of August, the planning budget

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2 years ago

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Answer:

Hidden Valley's Asset Turnover = 1.6

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3 years ago

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Answer:

Dividend paid during the year will be $55000

So option (B) will be the correct answer

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We have given dividend declared during the year=$60000

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