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3 years ago

The yield to maturity is always equal to the interest payment of a bond. a. True b. False

1 answer:

3 0

A. True, Yield to Maturity or called YTM is a measure of your annualized return if a bond, or all the bonds in a fund, are held to maturity.

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Suppose a hotel has annual fixed costs applicable to its rooms of $2,000,000 for its 300-room hotel. Average daily room rents ar

tia_tia [17]

Answer:

Explanation:

In order to calculate the operating income for one year we would have to make the following calculation:

operating income=revenue-variable costs-fixed costs

revenue=300*$50*365=$5,475,000

variable costs=300*$10*365=$1,095,000

fixed costs=$2,000,000

Therefore, operating income=$5,475,000-$1,095,000-$2,000,000

operating income=$2,380,000

The operating income for one year is $2,380,000

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3 years ago

4. Dairy Co. sells raw cream directly to the public. Maxwell gets sick after consuming some of Fairy Co.’s raw cream. Maxwell su

Len [333]

Answer:

Maxwell will win this case, as per division 2 of UCC, seller bears the cost for loss under implied warranty of fitness, if the goods do not meet the ordinary purpose or is inefficient.

Explanation:

Given in this case, Maxwell is applying "Universal Commercial Code (UCC)" division 2 provision, which defines all the goods and services.

A movable property, which can be sold from seller to the buyer at certain prices are called goods. Therefore, in this case, "Raw Cream" comes in the definition of goods, as it is directly sold to Maxwell by the grocery shop.

Maxwell will win this case, as per division 2 of UCC, seller bears the cost for loss under implied warranty of fitness, if the goods do not meet the ordinary purpose or is inefficient.

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3 years ago

Which of the following is NOT a requirement for becoming a police officer?

My name is Ann [436]

All of these answers are correct under a certain circumstance. The only one with the 'its a matter of previous records' is D) Graduation from a police training program. I am not 100% sure this is correct, but it's the one thing that some police forces don't require.

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2 years ago

Read 2 more answers

For each of the following scenarios, classify the type of spending (C,I,G,Xn), describe its impact on gross domestic product (in

alexandr402 [8]

Answer:

A. A new airplane purchased by United Parcel Service.

Investment (in fixed assets), GDP grows

B. The tuition you pay during your first year of college.

Consumption (of services), GDP grows

C. The social security check your grandmother receives.

Not included in GDP, social security checks are considered transfer payments.

D. A new purchase of 50,000 shares of Time/Warner stock.

Not included in GDP, only IPOs are included in GDP

E. A new pair of tennis shoes made in China and purchased by an American shoe store.

Import, GDP decreases since net exports decrease

Explanation:

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3 years ago

Jones Company bought Wood Company in 2020 and appropriately recorded $750,000 of goodwill related to the purchase. On December 3

Alex

Answer: $0

Explanation:

Wood company's value is carried in Jones company books as $5,100,000 which is less than the fair value of $6,000,000. There is therefore no goodwill because the fair value is larger than the carrying value and goodwill only exists if the reverse is the case.

If there is no goodwill, there can be no goodwill impairment so goodwill impairment recognized in 2021 is $0.

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3 years ago