Answer:
A)If interest rates decline, the prices of both bonds will increase, but the 15-year bond would have a larger percentage increase in price.
TRUE
As it has more time to maturity it will have a higher time expose to the rate therefore, will be more volatile against the rate fluctuations
Explanation:
The 10-year ond is issued at premium, above par as the coupon rate 12% is higher than market rate 10%. Each year will decrease the market value to come closer to maturity date.
The 15-year ond is issued at discount, below par as the coupon rate 8% is lower than market rate 10%. Each year will increase the market value to come closer to maturity date.
Answer:
Debit: Salaries and wages expense $25,056
Credit: Salaries and wages payable $25,056
<em>(To recognize the salaries and wages payable at year-end)</em>
Explanation:
Merando Industries employs a 5-day workweek - this means $41,760 normal weekly wages can be divided by 5 to arrive at the daily workweek wages, which is $41,760 / 5 = $8,352.
If the fiscal year-end is a Wednesday, the company has to recognize a salaries and wages payable of $25,056 due to the following:
- the workweek remains 2 weekdays to complete
- the company pays at the completion of the 5-day workweek
- there is no need to recognize the remaining 2 days next year as salaries and wages payable since the employer may not have control over the employees - they may decide the exit the company
So, the amount to be recognized will be $8,352 x 3 = $25,056.
Answer:
The first worker complete the job in 25 days himself
The second worker complete the job in 20 days himself
Explanation:
r1= rate of work done by first worker
r2=rate of work done by second worker
W= total work done
t days= time taken by the 1st worker to complete the job
r1(t)=W
r1=W/t (1)
Then the time taken by the 2nd worker to complete the job is t-5 days.
r2(t−5)=W
r2=W/(t−5) (2)
If 1st worker do the job for 1 hour and then both the worker do the job for 4 hours and 40% work is done, So
r1(1)+(r1+r2)(4)=4W/10
r1+4r1+4r2=4W/10
5r1+4r2=4W/10 (3)
Substitute equation 1 and 2 into (3)
5W/t+4{W/(t−5)}=4W/10
Multiply through by 10(t-5)
5/t+4/t−5=4/10
5(10)(t−5)+4(10)(t)=4(t−5)(t)
50t−250+40t=4t^2−20t
4t^2−110t+250=0
Solving the above quadratic equation using factorization method
4t^2−100t−10t+250=0
4t(t−25)−10(t−25)=0
(t−25)(4t−10)=0
t=25 or t=2.5
2.5 can't be the answer because if we take 2.5 days in which 1st worker completes the work, then the second worker will complete the work in -2.5days which is wrong.
The first worker completes the job in 25 days by himself and the second worker completes the job in 20 days by himself.
The market environments made up of consumers and companies is the traditional marketplace, and the other is the marketspace.
<h3 /><h3>What is the marketplace?</h3>
Corresponds to the market where exchanges, transactions and negotiations of products and services between individuals and organizations are carried out.
Therefore, through the marketplace and marketspace, economic transactions are carried out and determined by the law of supply and demand.
Find out more about marketplace here:
brainly.com/question/25689913
