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Margaret [11]
3 years ago
6

Nicole thinks that her business, nicole's getaway spa (ngs), is doing really well and she is planning a large expansion. with su

ch a large expansion, nicole will need to finance some of
Business
1 answer:
lina2011 [118]3 years ago
3 0
Pretty sure the answer would be that she will need to finance some of the cost, with her debt. Please correct me if I'm wrong though!
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Each day, you are faced with choices. You have to decide how to use your resources. For example, should you use some of your all
Dmitry_Shevchenko [17]
Hello  <span>Gabbypittman20!

Answer:
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7 0
3 years ago
To be effective issuing and investing in bonds, knowledge of their terminology, characteristics, and features is essential. For
Gnesinka [82]

Answer: See explanation

Explanation:

A bond’s (face value) is generally $1,000 and represents the amount borrowed from the bond’s first purchaser.

A bond issuer is said to be in (default) if it does not pay the interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the issue’s restrictive covenants.

A bond contract feature that requires the issuer to retire a specified portion of the bond issue each year is called a (sinking fund provision).

A bond’s (call provision) gives the issuer the right to call, or redeem, a bond at specific times and under specific conditions.

The face value is the dollar value of a security, or a stock's original cost. Default means when the bond issuer doesn't agree with the stated terms of the bond.

4 0
3 years ago
Sparty Corporation has provided the following information for its most recent year of operation:
Wewaii [24]

Answer:

E. $40,600

Explanation:

Calculation for the amount of net income reported on Sparty's income statement

Revenue $97,000

Less: Operating Expenses $39,000

Profit Before Tax $58,000

(97,000-39,000)

Less Taxes $17,400

Net Income $40,600

($58,000-$17,400)

Therefore the amount of net income reported on Sparty's income statement will be $40,600

7 0
3 years ago
After making a sale, a seller may have customers that return goods. The seller uses the perpetual inventory system. This require
anyanavicka [17]

Answer:

D. All of the statements are correct.

Explanation:

The Seller requires to

Reduce its sales by the estimated return value and cost of goods sold by the estimated cost value of the units expected to return in the future.

Use historical data of sales and returns and calculate the value of expected return items.

After the estimation of values record the adjusting transaction for the estimated return liability and the inventory to be returna as well.

7 0
2 years ago
An oil and gas producing company owns 42,000 acres of land in a southeastern state. It operates 630 wells which produce 18,000 b
valkas [14]

Answer:

The bid amount should be $13,200,264.

Explanation:

An oil and gas producing company owns 42,000 acres of land in a southeastern state.

It operates 630 wells which produce 18,000 barrels of oil per year and 1.7 million cubic feet of natural gas per year.

The revenue from the oil is ​$1,800,000 per year and for natural gas the annual revenue is ​$581,000 per year.

Total Annual Revenue

= Revenue from oil + Revenue from gas

= $1,800,000 + $581,000

= $2,381,000

The bid amount should be the present worth of total annual revenue.

Present Worth of total annual revenue

= Revenue \times\ \frac{( 1 + i )^{n} -1 }{i (1 + i)^{n} }

= $2,381,000\ \times\ \frac{( 1 + 0.11 )^{9} -1 }{0.11 × (1 + 0.11)^{9} }

= $2,381,000\ \times\ \frac{( 1.11 )^{9} -1 }{0.11 × (1.11)^{9} }

= $2,381,000\ \times\ \frac{2.5580 - 1 }{0.11 × 2.5580 }

= $2,381,000\ \times\ \frac{1.5580 }{0.281}

= $2,381,000\ \times\ 5.544

= $13,200,264

7 0
3 years ago
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