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mamaluj [8]
3 years ago
7

Amanda wants to start a business to sell handmade jewelry. She is very competent at making the jewelry and teaching others to ma

ke it, and she has saved a reasonable amount of money to start the business. Who of the following would make the best partner for Amanda?
A. Courtney, an artist with a real flair for new-age jewelry design
B. Paula, Amanda's best friend who is fun to hang out with and good at solving problems
C. Gwyn, who has business experience with accounting, management, and marketing
D. Michelle, who used to work at the jewelry counter at a department store
E. Georgina, an engineer with industrial management experience but no money
Business
2 answers:
rusak2 [61]3 years ago
5 0

Answer:C. Gwyn, who has business experience with accounting, management, and marketing

Explanation: Starting a new business requires certain competence which includes the competent knowledge of the Business to venture in and the knowledge of accounting and business management.

Gwyn, who has business experience with accounting, management, and marketing will be a good fit with Amanda, as Amanda will gain from the wealth of experience of Gwyn in business management and accounting.

Verdich [7]3 years ago
3 0

Answer:

Option C Gwyn, who has business experience with accounting, management, and marketing

Explanation:

Amanda is familiar with the management role and all she requires is a person who can manage its accounts, marketing its products, business experience and a person who has good knowledge of filing his returns. Fortunately we have Gwyn who handle all these problems. So he is the best option for Amanda to increase its business sales and reduce costs.

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The YTM on a 2 year zero coupon bond is 5% and the YTM on a 1 year zero coupon bond is 3%. What does the no-arbitrage condition
tresset_1 [31]

Answer:

<em>$111.11 or 111.11% of face value</em>

Explanation:

Assuming the face value of $100 for all bonds (without loss of generality)

If the two year coupon bond is repackaged as a one year zero coupon bond paying $12 after one year and another two year bond paying $112 after 2 years, the price of the two zero coupon bonds are given as

Price of one year Zero coupon bond = 12/1.05 = $11.43 (one year ZCB has YTM of 5%)

Price of two year Zero coupon bond = 112/1.06^2 = $99.68 (two year ZCB has YTM of 6%)

So, one can sell the repackaged bonds at a price = $11.43+ $99.68 = $111.11 or 111.11% of face value

7 0
2 years ago
Caribbean Reef Software has 8.4 percent coupon bonds on the market with 9 years to maturity. The bonds make semiannual payments
Zepler [3.9K]

Answer:

9.14%

Explanation:

Calculation for YTM

First step is to use financial calculator to find the I which represent Interest rate

FV = 1,000

PMT= 1,000*8.4%/2= 42

N= 9years*2= 18

PV= -955

Hence,

I= 4.57%

Now let calculate YTM

YTM = 4.57%*2

YTM =9.14%

Therefore YTM will be 9.14%

5 0
3 years ago
Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missin
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Answer:

Income Statements

                                                             2013                2014             2015

Sales revenue                                $294,170      $360,920        $414,180

Sales returns and allowances            11,200            13,470         20,740

Net sales                                         282,970         347,350      393,440  

Beginning inventory                          21,590          33,560          42,010

Purchases                                       245,240       263,090       298,600

Purchase returns and allowances     (5,180)          (8,330)        (10,440)

Freight-in                                             8,140            9,480           12,440

Total cost of goods available        269,790       297,800         342,610

Ending inventory                             33,560           42,010          47,870

Cost of goods sold                       236,230        255,790       294,740

Gross profit on sales                      46,740           91,560          98,700

Explanation:

a) Data and Calculations:

                                                             2013                2014             2015

Sales revenue                                $294,170           $                  $414,180

Sales returns and allowances            11,200            13,470  

Net sales                                                                 347,350  

Beginning inventory                          21,590           33,560  

Ending inventory  

Purchases                                                             263,090       298,600

Purchase returns and allowances     5,180             8,330           10,440

Freight-in                                            8,140             9,480            12,440

Cost of goods sold                       236,230                                294,740

Gross profit on sales                      46,740           91,560           98,700

Beginning inventory                          21,590          33,560          42,010

Purchases                                       245,240       263,090       298,600

Purchase returns and allowances     (5,180)          (8,330)        (10,440)

Freight-in                                             8,140            9,480           12,440

Total cost of goods available        269,790       297,800         342,610

Ending inventory                             33,560           42,010           47,870

Cost of goods sold                       236,230        255,790       294,740

3 0
3 years ago
Price skimming works best for which type of product?
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2 years ago
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Ostrovityanka [42]

Answer:

It depends upon the economical situation. For example if we talk about USA, the labour here costs more than China, whereas in USA machines are less costly than China which means USA can only benefit globally if its products have lower cost from China (China is the biggest competitor of USA) by using fewer labour and relying more on machines.

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3 years ago
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