Answer:
$807,992
Explanation:
issue $902,000 with a 6% semiannual coupon and 10 year maturity. coupon payment = $27,060
if the annual market interest rate = 7.5%, the bonds should be sold at a discount:
issue price = present value of face value + present value of interest payments
- present value of face value = $902,000 / (1 + 3.75%)²⁰ = $431,961
- present value of annuity = $27,060 x {1 - [1 / (1 + 3.75%)²⁰]} / 3.75% = $376,031
issue price = $431,961 + $376,031 = $807,992
the journal entry should be:
Dr Cash 807,992
Dr Discount on bonds payable 94,008
Cr Bonds payable 902,000
Answer:
The correct answer is the option C: broad needs, many customers.
Explanation:
To begin with, in ''Porter's strategic positioning alternatives'' the strategy of serving broad needs to many customers in a narrow market refers to the position of assuming that the needs of the target audience are similar among them but the correct way to reach to them is different and therefore that this position requires to state well worked framework of the position and capacities of the companies and the ones of the competitors as well.
<span>william's company was using the principles of </span><span>scientific management
</span><span>scientific management is a management practice which rely on scientific finding in order to improve the productivity in the company.
</span>In scientific management mindset, each company need to implement a specific method completely to the letter without any form of flexibility.
This form of management started to fade away by the end of 20th century.
Once the final prototype is approved, the next step Foods international should do will most likely be test marketing. Test marketing is an experiment which is conducted in a field laboratory. The field laboratory denotes the test market and is comprised of actual stores and real-life buying situations
. This tool is used by companies to check the viability of their new product before it is being launched in the real market.
Read more: http://www.businessdictionary.com/definition/test-marketing.html
Answer:
60%
Explanation:
The computation of the utilization rate for the plant is shown below:
As we know that
Utilization rate = Actual output ÷ Design capacity
where
Actual output is 6,000 hammers per day
And, the design capacity is 10,000 hammers per day
So by considering the above information, the utilization rate is
= 6,000 hammers per day ÷ 10,000 hammers per day
= 60%
It is always expressed in a percentage form
