1. you boss did not set a clear goal of your work expectation. he/she probably still sunk in your last year performance shadow. he/she judged your this year performance in accordance with whose his/her old impression
Answer:
The effective rate of interest in the fifth year is 6.15%
Explanation:
Mathematically, the effective rate of interest can be calculated as follows;
Reff = (1 + r/y)^y - 1
where;
r is the interest rate = 6% = 6/100 = 0.06
y is the period = 5 years
Substituting these values;
Reff = (1 + 0.06/5)^5 - 1
Reff = (1 + 0.012)^5 - 1
Reff = 1.012^5 - 1
Reff = 1.061457 - 1
Reff = 0.0615 which is 6.15%
Answer:
revenues and gains, expenses and losses, and bottom line of net income or net loss for the period.
Answer:
The correct answer is letter "A": Is based on the current yield to maturity of the firm's outstanding bonds.
Explanation:
The cost of debt is the interest a company pays on its borrowers. It is expressed as a percentage rate. The cost of debt can be calculated as before-tax rate or an after-tax rate. Most of the time, the cost of debt is the before-tax rate of the cost of debt because that is how the company's cost of debt is calculated. <em>That calculation implies considering the average interest paid on all the company's debts, including outstanding bonds.</em>
Answer:
The correct answer is $98,700.
Explanation:
According to the scenario, the computation of the given data are as follows:
We can calculate the cost of land by using following formula:
Cost of land = Cash paid + Demolished cost - Salvage sold + Attorney fees + Broker's fees
By putting the value, we get
Cost of land = $85,000 + $9,200 - $1,900 + $1,400 + $5,000
= $98,700
(Note = Architect fee and parking lot amount comes under cost of building)
