Another term for the word "vertical hierarchy" is "the chain of command." A vertical hierarchy is an organisational structure that looks like a pyramid. Located at the topmost portion of this "pyramid" are the executives of a company, and below it are the supervisors in different departments and divisions.
Answer:
The answer is (C) Revising the estimated life of equipment from 10 years to 8 years.
Explanation:
Revising estimated life of equipment from 10 years to 8 years has the effect of increasing annual charge of depreciation.
Answer:
Justify your recommendation. From the BCG Matrix we can tell that Electrical appliances unit is a Cash Cow with high market share and stable growth.
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Explanation:
Answer:
The answer is 9.85%
Explanation:
The number of periods N = 9years(10 years minus 1 year ago)
Yield to Maturity (I/Y) = ?
Present value of the bond (PV) = $950.70
Future value of the bond(FV) = $1,000
Annual payment (PMT) = $90 (9% x $1,000)
Using a financial calculator to solve the problem ( BA II plus Texas instruments):
Yield to Maturity (I/Y) = 9.85%
Answer:
The remaining part of the question is:
Which of the following statements are TRUE?
I New issues of Treasury Bills are generally priced at par
II New issues of Treasury Bonds are generally priced at par, or at a slight discount to par
III New issues of Agency Bonds are generally priced at par, or at a slight discount to par
A. I only
B. III only
C. II and III only
D. I, II, III
Correct Answer:
C. II and III only
Explanation:
It is a fact that virtually all new issues of T-Bills are always sold at a discount to par value. These are original issue discount obligations, with the accrued value of the discount being the interest income earned on these securities.
<em>Treasury Bonds and Agency Bonds are issued at par or in most cases at a very slight discount to par, and make periodic interest payments.</em>
