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3 years ago

What can you conclude is the reason why secondary data is desirable

1 answer:

6 0

The secondary data is very important. It is very desirable because in some cases possession of relevant secondary data may obviate the need for primary research to be undertaken at all. Have in mind that this type of data may be available to draw conclusions and answer the question or solve the problem. And for the record, is cheaper to get secindary than primary data

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An office building and its equipment are insured to $7,100,000. The present annual insurance premium is $0.85 per $100 of covera

andrew11 [14]

Answer:

a) 14.74%.

b) 13 years

Explanation:

a. Find the rate of return if the sprinkler system is installed.

P = -$18,000 - $360(P/A,i,20) + ($0.45)($7,100)(P/A,i,20)

= (P/A,i,20)=18000/2835 = 6.35

= $\frac{(1+i)^{20} -1 }{i(1+i)^{20}}$ = 6.35

Solving for i we get,

i =14.74%.

b. With interest at 12%, find the payout period for the sprinkler system.

P = -$18,000 - $360(P/A,12%,n) + ($0.45)($7,100)(P/A,12%,n)

(P/A,12%,n) = 18000/2835 = 6.35

= $\frac{(1+0.12)^{n} -1 }{0.12(1+0.12)^n}$ = 6.35

Using numerical solving to find the real roots of this equation (using a calculator, or Excel), we get n≅12.67 = 13 years. This means the payout period is about 13 years.

7 0

3 years ago

When the bonds are sold for more than their face value, the carrying amount of the bonds is equal to:_______

frez [133]

Answer:

b. Face value plus unamortized premium

Explanation:

When bonds are sold for more than their face value, such bonds are to be sold on premium. Mean that the in addition to the face value, an unamortized premium has been paid.

Such cases arises when the coupon payments made by bond are greater than the market rates.

Example: Let's say Samsung issues bonds at 10% coupon rate for 5 years bond while the market rate for the same 5 year bond is 8%. The Samsung is said to have sold the bond on premium.

7 0

3 years ago

just olya [345]

Answer:D. Bond interest expenses is deductible for tax purposes while dividend paid on stocks are not.

Explanation:

This stand as an advantage for bonds where tax is only deductible after meeting the total interest expenses.

6 0

4 years ago

Sasha works for a large corporation, and sometimes, she finds it difficult to see how she fits into the corporate picture. Howev

FinnZ [79.3K]

Answer:

C. It can boost employee productivity.

Explanation:

Sasha's company decision to establish an employee stock ownership plan has the potential benefit of boosting employee productivity because staff members and people in general are motivated by rewards.

Employee stock ownership plan is a staff reward scheme where a company's employees are awarded shares of the company they work for, hence they become both staff and shareholders of that company.

Sometimes these plans are futuristic, they are awarded at a certain date in future if the company achieves certain goals. Hence the productivity of employees are boosted in the bid to boost the company's performance and achieve their share rewards

8 0

3 years ago

When the money market is drawn with the value of money on the vertical axis, as the price level decreases, the value of money

Fiesta28 [93]

Answer:

d. decreases, so the quantity of money demanded increases.

Explanation:

(1) (d) When the money market is drawn with the value of money on the vertical axis, an increase in the money supply: increases the price level and decreases the value of money.

There are several examples in the history where the value of money decreased after the increase of money supply.

3 0

3 years ago