Answer:
The correct answer is $1990.10.
Explanation:
According to the scenario, the given data are as follows:
Present value = $1,000
Time period = 8 years
Time period (Nper) ( semiannual) = 16
Bond rate semiannual = 5%
So, Semiannual Payment (pmt) = $1,200 × 5% = $60
Annual yield = 18%
So, Semiannual yield ( rate ) = 9%
So, by putting all this in financial calculator, we get the following result.
Attachment is attached below.
The future value is $1,990.10.
Answer: Income is higher under absorption costing by $15,000. This is consistent with a general rule of thumb: Increases in inventory cause income to be higher under absorption costing than under variable costing, and vice versa.
Explanation:
Answer:
4.256%
Explanation:
Since the front load of 4% of the portfolio has been paid, therefore the value of the portfolio has been reduced to 96%(100%-4%).
The value of the investment has been increased by 10% with expense ratio of 1.8%, the rate of return on the fund on the shares at the end of the year shall be calculated as follows:
1+i=96%(1+10%-1.4%)
where i=rate of return on shares
1+i=1.04256
i=1.04256-1=4.256%
An externality in business or economics is where an industrial activity has an unexpected side effect which does not figure in the cost of the goods and services involved. For example, I worked many years at a large mine. Just the existence of the mine there meant it was a no-hunting area so a side effect was that the moose used it as a refuge during hunting season which as a side effect was beneficial to the moose (and deer). Another example is that we used to crush mine rock for the haulroads for winter traction. As a result, it was found that the fines from this were concentrated with copper values so were put in the mill for processing-an unexpected outcome.
Answer: True
Explanation:
To understand organizational markets, one must first realize that there are three main types of them: Industrial, reseller and government.
Industrial markets enable businesses to transact with each other. They trade raw materials and other goods to each other and process them to finished goods.
The reseller market does not involve any processing but rather firms buying from one and selling to another as middlemen.
The last market is the Government market. Any arm of government that purchases goods and services fall here including at local, state or federal level.
