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3 years ago

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Christina Tilson has been operating a stationary business out of her home. She receives a letter that she is violation of a zoni

ng ordinance. Which level of government would pass an ordinance? a. state b. federal c. municipal d. international

1 answer:

algol133 years ago

7 0

C municipal is the correct answer. Because ordinances are passed my local governments

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The following is the Easton Company adjusted Trial Balance. Easton Company Adjusted Trial Balance December 31, 2018 Account Titl

postnew [5]

Answer:

Service Revenue 881,105

Wages Expense (529,000)

Supplies Expense (42,000)

Rent Expense (59,500)

Utilities Expense (8,000)

Depreciation Expense (150,000)

Interest Income <u> (5,500) </u>

Net Income 87,105

Explanation:

We list the revenue account and then, substract the expenses leaving the net income. As this is a single-step income statemnt we do not solve for operating and non-operating income.

7 0

3 years ago

If the consumption function is defined as C = 5,500 + 0.9Y, what is the

Nimfa-mama [501]

Answer:

Option B ($5,500) is the appropriate choice.

Explanation:

The given expression is:

⇒ $C = 5,500 + 0.9Y$

At the zero (0) level of income, the consumption would be the Autonomous consumption.

then,

Y = 0

On substituting the value of "Y" in the given expression, we get

⇒ $C=5,500+0.9(0)$

⇒ $=5,500+0$

⇒ $=5,500$ (%)

8 0

3 years ago

Supervisors who allow their rating in one area to influence their rating in another area on performanceappraisals are susceptibl

crimeas [40]

Answer:Supervisors who allow their rating in one area to influence their rating in another area on performance appraisals are susceptible to the <u><em>Halo effect.</em></u>

<em>Under halo effect the evaluator lets one or two feature of the appraisal or behavior of the worker unduly influence all other characteristic of the worker's performance. </em>

<u><em>Therefore in this case the correct option is (c).</em></u>

4 0

3 years ago

The following statements are true. Explain why. a. If a bond’s coupon rate is higher than its yield to maturity, then the bond w

krok68 [10]

Answer:

A Bond's current market value represented by $B_{0}$ is the present value of a bond as on today. Present value of a bond is it's future cash flows in the form of coupon payments and principal repayment discounted at investor's expectation in the market also referred to as Yield to maturity(YTM).

Present value of a bond is given by the following equation,

$B_{0} = \frac{C}{(1\ +\ YTM)^{1} } +\ \frac{C}{(1\ +\ YTM)^{2} } \ +\ ......+\ \frac{C}{(1\ +\ YTM)^{n} } \ +\ \frac{RV}{(1\ +\ YTM)^{n} }$

where C= Annual coupon payments

YTM = Yield to maturity/ cost of debt/ market rate of return on similarly priced bonds

RV = Redemption value of bond

n = number of years to maturity

<u>a. A bond's coupon rate is higher than it's yield to maturity, then the bond will sell for more than face value.</u>

Hence, if the company pays more interest than what is paid in the market on similarly priced bonds, such bonds shall sell at more than their face value.

<u>b. If a bond's coupon rate is lower than it's yield to maturity, then the bond's price will increase over it's remaining maturity.</u>

Similarly, if a bond pays lower rate of interest than the market rate of interest on similarly priced bonds, the bond shall sell at lower than it's face value and the price will increase over the remaining life of such bonds.

6 0

3 years ago

Eric believes works hard he will meet management's goals and that if he meets management's goals, he will get a raise, which he

Elden [556K]

Answer:

Expectancy theory

Explanation:

Expectancy theory - is referred to as the approach in which individual work according to the defined goal. People are motivated to act in a certain way because they believe to have expected results from the way they have selected.

It also states that desirable outcomes of any behavior hold the motivation by other people

The three main components on which Expectancy theory work are:

- Expectancy

- Instrumentality

- valence

7 0

3 years ago