Answer:
See the explanation below
Explanation:
Significance of price elasticity of producers:
- useful in pricing decisions
- when demand is elastic, firms have to reduce their price to earn more revenue
- when demand is inelastic firms need to raise prices to earn more revenue
This statement is false. It is difficult to find and train high quality personnel for DC operations.<span />
Answer:
Quoted price of bond = $1825.05
Explanation:
The quoted price or price of the bond can be calculated by taking adding the present value of the annuity payments in form of interest made by the bond and the present value of the face value of the bond. The formula for the price of bond is attached.
The interest is payed semi annually, thus the semi annual coupon payment (C) is,
C = 2000 * 5.87% * 6/12 = 58.7
The semi annual YTM is = 6.9%/2 = 3.45%
Total semi annual periods are = 13 * 2 = 26
Bond Price = 58.7 * [(1 - (1+0.0345)^-26) / 0.0345] + 2000 / (1+0.0345)^26
Bond Price = $1825.051207 rounded off to $1825.05
Answer:
$3,728,203
Explanation:
Particulars Amount
Cash Received $2,408,400
Add: Mortgage assume by purchaser $1,445,040
Less: Broker's commission ($96,336)
Less: Points paid by Peyton <u>($28,901) </u>
Amount realized <u>$3,728,203</u>
Answer:
No doubt the question is pointing at the term described,which is operating strategies concern
Explanation:
Operating strategies concern involves action plans developed at the operation strategic level to align business resources and capabilities to the long-term goals of the business.
Majority of the action plans initiated at the operational side of the business are short-term in nature,hence operational strategies concern aimed at bridging the gap between the long-term goals of top management and the short-term objectives of junior managers by developing long-term plans for operations.
Top management use certain performance measures to gauge the progress made in operating strategies concern.
