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3 years ago

A contingent liability should be recorded in the accounts when it is probable and reasonable

Business

1 answer:

EastWind [94]3 years ago

7 0

I am assuming if this answer is true. Yes, that is true
I hope this helps

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Madsen Motors's bonds have 14 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon i

gregori [183]

Answer:

Bond price= = $869.84

Explanation:

Given data:

Face value (F)=$1000

Interest rate (i)=10%

Coupon rate (c)= 7% annually

No of year n = 14

we know that bond price is given as

$Bond price= C\times \frac{1-(1+r)^{-n}}{r}+\frac{F}{(1+r)^n}$

putting all value to get the desired value

$= 0.07 \frac{1-(1+0.10)^{-14}}{0.10}+\frac{1000}{(1+0.10)^14}$

= $869.84

5 0

3 years ago

Dan sells newspapers. Dan says that a 4 percent increase in the price of a newspaper will decrease the quantity of newspapers de

klasskru [66]

Based on the percentage change in price and the percentage change in the quantity demanded for newspapers, demand is elastic.

<h3>What is the price elasticity of demand?</h3>

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

Price elasticity of demand = 8/4 = 2

<h3>What is elastic demand?</h3>

Demand is elastic when the coefficient is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

To learn more about price elasticity of demand, please check: brainly.com/question/18850846

3 0

3 years ago

the existing network of shops and the number of registered customers makes it difficult to capture market share against taobao,

Nady [450]

The statement is true.

The existing network and registered consumer base gives them economies of scale and make them a preference of the consumers any new entrant in the market will have to face a lot of problem in the market i.e. have to incur considerable cost.

Chain shops or more than one store is a retail company composed of or extra retail shops, owned by and operated underneath one management. a chain save is the number of retail shops operating underneath not unusual ownership and management constitute a series.

Inside the enterprise world, a series method a set of shops (typically or greater). They possess the equal call (brand), and cling to comparable company store rules, sell identical products, and often owned by using the same determined economies. Right here, think about Wal-Mart as a series of mass-retail supermarkets.

Learn more about economies here: brainly.com/question/25745683

#SPJ4

8 0

1 year ago

Which one of these is the best way to prevent foreclosure? Save at least 1% of your home’s purchase price annually Refinance as

GenaCL600 [577]

Answer:

Use a budget to live within your means and build saving

Explanation:

Taking loans in engaging in capital projects are not to be discouraged,but the opinion or the fear of the masses is, if such loans could be paid back or the lender will be forced to apply foreclosure on your assets.

Through living within your means and with a healthy and well planned saving budget,all borrowed money will be definitely paid back to the lender .

4 0

4 years ago

Which of the following institutional structures promote and sustain modern economic growth? Multiple select question. Patents an

Law Incorporation [45]

Answer:

Explanation:

40?

6 0

2 years ago