Answer:
Generally real estate liens are prioritized following a temporal order, from first to last. This applies to all liens except taxes. Taxes are always first and they are collected before any other lien in the event of a foreclosure.
In this case, the following priority would go to the mechanic's lien from the the general contractor (as a result from court order), then the mortgage, and finally the other creditors.
Answer: 1a. A supply chain is the summation of processes involved in ensuring that goods manufactured by a company gets to the final consumer.
Explanation:
1b. Managerial Accountants can improve the supply chain by looking out for hitches in the distribution cycle of goods and being proactive about handling them. Some measures to achieve these are;
1. Effective Logistics Network - All the resources used on logistics such as vehicles, Information technology devices/software, human resources, etc., should be regularly checked to be in good form at all times and equally, efficient.
2. Stock Control - Goods that may be required by costumers at any point in time should always be available.
3. Efficient Payment System - All resources used for payment including bank account information point of sale machines, should be regularly checked to be in good order.
4. Distribution Strategies - A clear cut map should be put in place by the management to facilitate an efficient and prompt delivery system. This can be done by strengthening all departments involved in distribution.
2. Sustainable Practices are those methods of production or initiatives, adopted by companies that seek to limit damage to the environment. An example, is recycling. These practices are geared at ensuring a safer world.
I would invest in a company that discloses their sustainable practices, first, because I believe they are transparent, and secondly because I believe that such companies aim at being enduring companies which are evolving and living up to the demands of a cleaner earth.
Less mobile because the house has to be sold in order to move to another location
Answer:
The bond's yield to maturity is 9.45% using Excel to get exact values, and 9.59% using approximate method.
Explanation:
We can calculate is using 2 ways, using Excel to get the exact percentage or with approximate methods, calculating the semi-annual Yield to Maturity using the following formula
![YTM_{sm} =\cfrac{PMT+\cfrac{FV-PV}n}{\cfrac{FV+PV}2}](https://tex.z-dn.net/?f=YTM_%7Bsm%7D%20%3D%5Ccfrac%7BPMT%2B%5Ccfrac%7BFV-PV%7Dn%7D%7B%5Ccfrac%7BFV%2BPV%7D2%7D)
And from there we can calculate the Yield to Maturity just by multiplying the semi-annual one by 2.
Identifying the given information.
We have a period of 30 years, so for the semiannual bond we have
periods.
The face value, FV, is $1000, the coupon rate is 0.10, thus we can use them to find the interest per period PMT.
![PMT=0.10 \times \cfrac{1000}{2}\\PMT=\$ 50](https://tex.z-dn.net/?f=PMT%3D0.10%20%5Ctimes%20%5Ccfrac%7B1000%7D%7B2%7D%5C%5CPMT%3D%5C%24%2050)
The current price of the bond, PV is $1050.
Replacing the values on the semiannual Yield to Maturity
![YTM_{sm} =\cfrac{PMT+\cfrac{FV-PV}n}{\cfrac{FV+PV}2}](https://tex.z-dn.net/?f=YTM_%7Bsm%7D%20%3D%5Ccfrac%7BPMT%2B%5Ccfrac%7BFV-PV%7Dn%7D%7B%5Ccfrac%7BFV%2BPV%7D2%7D)
![YTM_{sm}=\cfrac{50+\cfrac{1000-1050}{60}}{\cfrac{1000+1050}{2}}](https://tex.z-dn.net/?f=YTM_%7Bsm%7D%3D%5Ccfrac%7B50%2B%5Ccfrac%7B1000-1050%7D%7B60%7D%7D%7B%5Ccfrac%7B1000%2B1050%7D%7B2%7D%7D)
Simplifying we get
![YTM_{sm}=4.797\%\\](https://tex.z-dn.net/?f=YTM_%7Bsm%7D%3D4.797%5C%25%5C%5C)
Finding the Yield to Maturity.
We can just multiply by 2 to get the Yield to Maturity from our previous result and rounding it to 2 decimals we get
![YTM = 2 YTM_{sm}\\YTM=9.59\%](https://tex.z-dn.net/?f=YTM%20%3D%202%20YTM_%7Bsm%7D%5C%5CYTM%3D9.59%5C%25)
Alternatively we can use Excel and write:
RATE(n, PMT, PV, FV)*2
That is
RATE(60,50,1050,1000)*2
And we will get the exact Yield to maturity 9.49%
Answer: The correct answer is "c.Crow will have a business deduction of $120,000 for the value of the services Mary will render.".
Explanation: With respect to the transfers: Crow will have a business deduction of $120,000 for the value of the services Mary will render.
This is calculated by the difference between the value of the property contributed by Earl $1 600 000 and the value of the property contributed by Mary $1 480 000.
1 600 000 - 1 480 000 = $ 120 000.