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4 0

The correct answer for the question that is being presented above is this one: "E. A few months prior to the crisis, the financial services regulatory authority had tightened the rules on loans to individuals with poor credit scores." If true, Larry's argument would be E. Afew months prior to the crisis, the financial services regulatory authority had tightened the rules on loans to individuals with poor credit scores.

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In which career or job role in business information management do you need to create and manage project plans, and also coordina

RoseWind [281]

Answer:

B. project manager

Explanation:

The project management responsibility is to create a plan to execute. For this the interaction with team members is key.

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3 years ago

Key numbers that financial managers use to calculate ratios usually come from the firms?

aleksandr82 [10.1K]

<span>balance sheet and income statement</span>

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4 years ago

________ pricing refers to selling below cost with the intention of punishing a competitor or gaining higher long-run profits by

Alex787 [66]

Predatory pricing or another word for it is destroyer pricing

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4 years ago

Myriad Solutions, Inc. issued 10% bonds, dated January 1, with a face amount of $320 million on January 1, 2021, for $283,294,72

otez555 [7]

Answer:

The net amount of the liability Myriad would report in its balance sheet at December 31, 2021 is $287,524,896

Explanation:

First, we need to determine the amount of discount on the bond at the time of issuance

Discount on Bond = Face value - Issuance value = $320,000,000 - $283,294,720 = $36,705,280

June 30, 2021

Now we will use the effective interest method to calculate the amortization of discount on the bond.

Amortization of Discount = ( Carrying Value x Market yield ) - ( Face value x Coupon rate ) = ( $283,294,720 x 12% ) - ( $320,000,000 x 10% ) = $33,995,366.4 - $32,000,000 = $1,995,366.4 = $1,995,366

Carrying value = $283,294,720 + $1,995,366 = $285,290,086

December 31, 2021

Now we will use the effective interest method to calculate the amortization of discount on the bond.

Amortization of Discount = ( Carrying Value x Market yield ) - ( Face value x Coupon rate ) = ( $285,290,086 x 12% ) - ( $320,000,000 x 10% ) = $34,234,810.32 - $32,000,000 = $2,234,810.32 = $2,234,810

Carrying value = $285,290,086 + $2,234,810 = $287,524,896

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3 years ago

What is the correlation between term length of a loan and interest paid?

Nadusha1986 [10]

Answer:

There is a positive relationship between the length of a loan and its interest paid

Explanation:

A positive relationship exist between the length of a loan and the interest paid. A higher interest will be paid for a longer time period. This is so because the lender is giving out a sum of money for more than the average time period, hence the interest must be increased appropriately too.

Hence, the shorter the repayment time for a loan, the lowest the interest and vice versa.

7 0

4 years ago