Answer:
$74,880
Explanation:
The computation of the amount of interest Cullumber must pay the bondholders is shown below:
= Face value of the bond × interest rate
where,
Face value of the bond is $1,248,000
And the interest rate is 6%
So, the amount of interest paid is
= $1,248,000 × 6%
= $74,880
We simply multiplied the face value of the bond with the interest rate so that the amount of interest expense could come
To complete the statement above, research indicates that the
efficiencies of managing through centralized control may be ‘greater’ when
operating the environments of divisions in multidivisional organizations are
relatively ‘stable and predictable’. It is because when there is a presence of
stable and predictable in operating the environments of division in
multidivisional organization, there will likely be a result of their managing
to be more effective because it is not destructive but stable.
The Board of Directors does not define the selling price when authorizing the issuance of bonds.
An executive body that jointly manages an organization's activities is called a board of directors. This group could be a business, a nonprofit, or a government entity. It could also be for-profit. The board of directors' responsibilities and authority are governed by governmental regulations as well as the organization's own bylaws and constitution. These authority may specify the number of board members, how they will be chosen, and how frequently they will meet. The board of such an organization is accountable to and may be subordinate to the entire membership, who normally elect the board members in organizations with voting members. In a stock corporation, non-executive directors are elected by the shareholders, and the board has the following authority.
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Answer:
correct option is C. it's a good time to buy the wood.
Explanation:
given data
slab = 10 feet
cost Tee Time = $5,000
$500 US dollars = $738 NZ dollars
solution
If they import timber from New Zealand. Tea Golf Resort pays less than $ 5000 to import Wood from New Zealand at the current exchange rate. This is a good time for them to import forests
we get here current exchange rate of 1 dollar that is as
US $500 = NZ $738
so $1 =
$1 = NZ $1.476
current exchange rate is $1 = NZ $1.476
so
10 foot slab costs $5000
so Tee Golf Resort will pay is
Tee Golf Resort pay =
Tee Golf Resort pay = $3387.53
so correct option is C. it's a good time to buy the wood.