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3 years ago

Baseball's increasing global popularity may be attributed to

1 answer:

5 0

<span>The Baseballâ€™s growing popularity could be attributed to relocation diffusion, which means people relocate and establish other countryâ€™s custom in another. in recent decades many cultures that have been known to be found in the developed world such as hip hop has come to stay in other countries as people travel around the world and take other peopleâ€™s culture to another place.</span>

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Suppose that you purchased a conventional call option on growth in Non-Farm Payrolls (NFP) with an exercise price of 210,500 job

kow [346]

Answer:

Suppose that you purchased a conventional call option on growth in Non-Farm Payrolls (NFP) with an exercise price of 210,500 jobs. The NFP conventional contract pays out $85 for every job created in excess of the exercise price. a. What is the value of the option if job growth is 193,500.

The value of the option if job growth is 193,500 is $0.

Explanation:

Since the job growth of 193,500 is less than the exercise price of 210,500 jobs, the value of the option on the contract in the given question is Zero.

Therefore, the value of the option if job growth is 193,500 is $0.

7 0

3 years ago

Read 2 more answers

Exercise 15-2 On January 1, 2017, Klosterman Company issued $420,000, 12%, 10-year bonds at face value. Interest is payable annu

Maslowich

Answer:

The journal entry to record the bond issuance is shown below:

Explanation:

The journal entry to record the bond issuance is as:

Cash A/c.............................................Dr $420,000

Bonds Payable A/c......................Cr $420,000

Being the bonds issued

As the bonds are issued by the company so cash is coming into the business, which is an asset and any increase in asset is debited. Therefore, the cash account is debited. And cash is received against the bonds payable, so the account of bonds payable is credited.

6 0

3 years ago

Which factor increases the risk of IS project delays? A. loss of hardware B. shortage of technical staff C. poor password practi

murzikaleks [220]

Answer:

D.loss of equipment because without the right equipment needed it is gonna delay the IS project

Explanation:

5 0

3 years ago

Read 2 more answers

Presented below are two independent situations.

rewona [7]

Answer: a)Interest expense for Year 2020=$46, 977.50 b) see explanation column

Explanation:

a) Amount of Note payable = $550,000

Present Value factor for 3 years at 12%

= PV = 1/(1+r) ^n

1/ (1+ 12%)^3 =(0.892857143)^ 3 = 0.71178

Present value of Note for land at 2020 = $550,000 x 0.71176 = $391, 479

.136

Interest expense for Year 2020= $391, 479.136 x 12%= $46, 977.50

b) Face value of note = $5,000,000

Present value factor for 4 years at 10 % =

= PV = 1/(1+r) ^n

1/ (1+ 10%)^4 =(0.909090909)^ 4 = 0.68301345

Present value of the note = $5,000,000 x 0.68301345= $3,415,067.28

Discount on note payable =$5,000,000 -$3,415,067.28 =$1,584,932.72

Journal to record amount of interest to report for 2020

Date Account Debit Credit

Jan 2020 Cash $5,000,000

Discount on notes payable $1,584,932.72

Notes payable $5,000,000

interest revenue $1,584,932.72

5 0

2 years ago

Stoneheart Group is expected to pay a dividend of $3.27 next year. The company's dividend growth rate is expected to be 3.4 perc

shepuryov [24]

Answer:

The stock price is $37.16

Explanation:

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Formula to calculate the value of stock

Price = Dividend / ( Rate or return - growth rate )

Price = $3.27 / ( 12.2% - 3.4% )

Price = $3.27 / 12.2% - 3.4%

Price = $3.27 / 8.8%

Price = $37.16

7 0

3 years ago