<span>cam therapy that Americans have come to rely on heavily for the treatment of musculoskeletal problems and that many insurance companies will now cover is: </span><span>chiropractic medicine.
Chiropractic medicine is a form of alternative medicine that is used for treatment in the mechanical disorder of the musculoskeletal system. Over the past few years, many researches proved that this form of treatment is actually effective and could be depended on, making the insurance companies able to cover it.
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Answer:
EBIT = $2.076 million
Explanation:
<em>The market value can be ascertained by discounting the earnings after tax by the weighted average cost of capital (WACC).</em>
So we put dis in an equation;
Market Value = Earnings after tax /WACC
<em>Earnings after tax = (1-tax rate ) × EBIT</em>
<em>Note EBIT means earning before interest and tax. And we don't have this figure. So we denote it with letter " y "</em>
Earnings after tax = (1-0.25) × y
= 0.75y
<em>Substitute this into the market value equation, then we have;</em>
Market Value = Earnings after tax /WACC
17.5 = 0.75y/0.089
0.75y = 17.5× 0.089
y = (17.5 × 0.089)/0.75
y = $2.076 million
EBIT = $2.076 million
Answer:
$3,992.87
Explanation:
To determine the amount that would be deposited every year, the formula to be used is : future value/ annuity factor
Annuity factor = {[(1+r) ^N ] - 1} / r
FV = Future value = $82,000
P = Present value
R = interest rate = 7.3%
N = number of years = 13
= (1.073)^13 - 1 / 0.073 = 20.536622
$82,000 / 20.536622 = $3,992.87
I hope my answer helps you
The correct option is this: TO OFFER PRODUCTS AT LOWER PRICES, MANUFACTURERS MOVE THEIR PLANTS TO FOREIGN COUNTRIES WHERE LABOUR IS CHEAP LEAVING AMERICANS OUT OF A JOB.
The major reason for operating a business is to make profits. No matter the prices at which products are sold in the market, manufacturers usually ensure that they make some profits because that is the only way they can remain in business. Thus, in a situation where the prices of product is very low, manufacturers will look for means of cutting costs so that they can make some profits. That is why a company will prefer to move to a place where it can get cheaper labor for its products.<span />
Answer:
YTM is 6.90%
Explanation:
The yield to maturity on the bond can be computed using the rate formula in excel.
=rate(nper,pmt,-pv,fv)
nper is the time to maturity of 20 years multiplied by 2 since the bond is paying interest on semi-annual basis
pmt is the semi-annual interest receivable by investor which 6.8%/2*$1000=$34
pv is the current market price of $989.45
fv is the face value of $1000
=rate(40,34,-989.45,1000)
rate=3.45%
The 3,45% is the semi-annual YTM, whereas the annual YTM 3.45%
*2=6.90%
