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4 years ago

What is form utility? ...help

Business

2 answers:

zheka24 [161]4 years ago

8 0

Answer:

Utilities mean useful features, or something useful to the home such as electricity, gas, water, cable and telephone. Examples of utilities are brakes, gas caps and a steering wheel in a car. Examples of utilities are electricity and water.

hope this helped you

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Salsk061 [2.6K]4 years ago

3 0

Answer:

Form utility refers to how well a product or service meets the customer's needs.

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Antonio would like to replace his golf clubs with a custom-measured set. A local sporting goods megastore is advertising custom

AlexFokin [52]

Answer:

Antonio and Replacement of Golf Clubs

a. He should cash the CD and use the proceeds to finance part of the golf clubs.

b. The reason is that he would pay more in in-store financing totaling $37.06 per annum than the net interest he would generate from the CD totaling $23.18 per annum. And Antonio would incur a net loss of $13.88 if the CD was renewed unlike the $5.74 if the CD were not renewed.

Explanation:

Option 1: Renew Certificate of Deposit (CD):

Interest earned = $33.48 ($600 * 5.58%)

Taxes = 10.30 ($33.48 * 30.75%)

Net Income = $23.18

Cost of in-store financing = $37.06 ($710 * 5.22%)

Net Loss(overall) = $13.88 ($37.06 - $23.18)

Option 2:

Sale-off of CD = $600

Net financing required = $110 ($710 - $600)

Cost of financing = $5.74 ($110 * 5.22%)

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4 years ago

Glendale Paving currently has 120,000 shares of stock outstanding that sell for $54 per share. Assume no market imperfections or

emmasim [6.3K]

Answer:

The new price will be $38.57.

Explanation:

The initial price of 120,000 outstanding shares is $54.

There are no market imperfections or taxes.

The firm declares a dividend of 40%.

The new share price will be

= $Initial\ price\times(\frac{1}{1+ dividend} )$

= $54\times(\frac{1}{1+0.4} )$

= $54\times\frac{1}{1.4}$

= $54\times0.71$

= $$38.57$

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3 years ago

On May 31, 2010 Amex Corporation acquired all of 10,000 shares of Luck’s outstanding common stock by paying Br 400,000 cash and

patriot [66]

Answer:

27. Answer the following question in the negative.

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Explanation:

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2 years ago

Murphy's, Inc., has 85,000 shares of stock outstanding with a par value of $1 per share. The market value is $12 per share. The

nexus9112 [7]

Answer:

The correct answer is $177,955.

Explanation:

According to the scenario, the computation of the given data are as follows:

Capital in excess of par account = $74,500

Common stock = $85,000

Retained earning = $141,500

So, we can calculate the balance in the capital in excess of par account be after the dividend by using following formula:

Capital after Dividend = Balance sheet amount of Capital + ( Issued additional share × Capital in excess of par per share )

Where,

Issued additional share = 11% × $85,500 = 9,405

And Capital in excess of par per share = $12 - $1 = $11

By putting the value, we get

Capital after dividend = $74,500 + ( 9,405 × $11)

= $74,500 + $103,455

= $177,955

8 0

3 years ago

A company issues $17200000, 9.8%, 20-year bonds to yield 10% on January 1, 2020. Interest is paid on June 30 and December 31. Th

tekilochka [14]

Answer:

$1,691,122

Explanation:

First, calculate the discount on the bond

Discount on the bond = Face value of bond - Proceeds from the bond = $17,200,000 - $16,904,864 = $295,136

Now prepare the bond amortization table

The Bond amortization table is attached with this answer please find that

Now calculate the Interest expense for 2021

Interest Expense = Interest Expense on June 30, 2021 + Interest Expense on December 31, 2021

Interest Expense = $845,493.63 + $845,628.31

Interest Expense = $1,691,121.94

Interest Expense = $1,691,122

3 0

3 years ago