Answer:
$977.93
Explanation:
This is a coupon paying bond. Using a financial calculator, input the following;
Time to maturity; N = 15
Coupon payment; PMT = 7.25% *1000 = 72.5
Face Value; FV = 1,000
Annual interest rate; I/Y = 7.5%
then compute the price of the bond, a.k.a present value; CPT PV = 977.93
Therefore, the price of the bond today is $977.93
Answer:
"Principal" Since the value of common stock could decline to zero, investors do carry the risk of losing their entire principal. That risk is greatly reduced when investing in bonds, because if you hold a bond to its maturity date, you will at least get back the par value ($1000) of the bond.
Hope this helps :) -Mark Brainiest Please :)
Patronage principle based its hiring and promotion system on political reasons while the merit principle employed the idea that hiring should be based on entrance examination and promotion. One of the major disadvantage of the patronage principle is that, it may end up employing people who are not qualify for the job. Merit principle choose based on qualifications.
Answer:
b. Uniforms can help customers identify members of the sales staff
Explanation:
When evaluating whether or not to have sales staff wear uniforms on the showroom floor. What the electronics galaxy should consider about wearing uniforms is that "Uniforms can help customers identify members of the sales staff."
As customers come in to buy their products, they can quickly know the sales staff, and approach them to describe the type of. the product they came for and eventually buy the product if satisfied.
Answer:
Revenue $6,800
Expenses:
- Salaries and Wages Expense ($2,700)
- Supplies Expense ($1,050)
- Depreciation expense ($250)
- Insurance expense ($600)
- Utilities Expense ($400) <u>($5,000)</u>
Net income $1,800
1) you must add insurance expense
2) you must decrease supplies expense = $1,200 - $150 = $1,050
3) you must add depreciation expense
4) you must increase salaries and wages expense = $2,300 + $400 = $2,700
5) you must increase revenue = $6,100 + $700 = $6,800
