Answer:
Mr Crane's total return on the bond investment was 5.35%
Explanation:
The return on a bond is also known as it yield to maturity (YTM). In order to find a bonds YTM we need to know its present value, future value, coupon payments and number of years. In this case the bond's present value is 1,055 because it was bought at this price, it's future value is 980 because it was sold for 980, its number of years was 5 as it was held for 5 years and its coupon payment was (0.07*1000)=70. Now in order to compute return or ytm we need to put all these values in a financial calculator and compute I
PV= -1055
FV= 980
PMT= 70
N=5
Compute I=5.35
The return on the bond investment was 5.35%
Answer: Control activities
Explanation: In simple words, control activities refers to the policies and procedures that help the management to reduce the risk they have identified. These activities reports as a support structure for other operating activities of the business.
In the given case, hexa company has policies and procedures that supports managements initiatives. Hence the given case depicts the control activities element.
<span>Generally,
it is during the colder seasons that glaciers tend to advance downward, causing
further erosional landforms. Items below
are facts regarding Glaciers according from the <span>National Oceanic and Atmospheric Administration
(NOAA) who studies the skies and the oceans: </span></span>
<span>1. </span><span>Approximately
10 percent of Earth's land is covered with glaciers.
</span>
<span>2. </span>Glaciers covered 32 percent of land during the last
Ice Age.
<span>3. </span>Glaciers store about 75 percent of the world's fresh
water.
<span>4. </span>Antarctic ice is more than 2.6 miles approximately
4,200 meters thick in some areas.
<span>5. </span>If all land ice melted, sea level would rise
approximately 230 feet (70 meters) worldwide.
Business ethics will never tell you exactly what to do in all decisions. The study of business ethics is designed to help you understand the importance of your decisions, inform you of impacts, describe the ethical decision-making process, and help you recognize ethical issues, but it will not tell you what to do. It will simply give you the tools necessary to make a decision.
When the activity level increases by 15%, net operating income in the flexible budget will ordinarily increase by -more than 15% b/c fixed costs do not increase with changes in activity.
<h3>
What is Net operating income?</h3>
- Net income in business and accounting is an entity's revenue less costs, depreciation and amortization, interest, and taxes for a certain accounting period..
- Net Operating Income, or NOI for short, exists a formula those in real estate use to quickly calculate the profitability of a particular investment. After deducting essential operational costs, NOI calculates the revenue and profitability of investment real estate property.
- By deducting all annual expenses from income, the NOI formula determines how profitable a potential investment property is over the course of a single year.
- After all costs have been deducted, operating profit displays a company's earnings, excluding the cost of debt, taxes, and some one-time expenses.
- Net income, on the other hand, represents the profit remaining after all costs incurred in the period have been subtracted from revenue generated from sales.
Hence, When the activity level increases by 15%, net operating income in the flexible budget will ordinarily increase by -more than 15% b/c fixed costs do not increase with changes in activity.
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