1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
snow_tiger [21]
3 years ago
7

Too Young, Inc., has a bond outstanding with a coupon rate of 7.1 percent and semiannual payments. The bond currently sells for

$1,891 and matures in 17 years. The par value is $2,000. What is the company's pretax cost of debt

Business
1 answer:
likoan [24]3 years ago
7 0

Answer:

7.68%  

Explanation:

Data provided in the question

Present value = $1,891

Future value or Face value = $2,000  

PMT = 2,000 × 7.1% ÷ 2 = $71

NPER = 17 years × 2 = 34 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  The pretax cost of debt is 7.68%        (3.84% × 2)

You might be interested in
HELP ASAP, CORRECT ANSWER GETS BRAINLIEST
MArishka [77]
C. cash borrowed from a credit card account
6 0
3 years ago
Read 2 more answers
The short-run aggregate supply curve is most likely to shift to the right if _____. rev: 06_12_2018 Multiple Choice productivity
kvv77 [185]

Answer:

input prices decrease.

Explanation:

Aggregate supply is also called domestic final supply is the total supply of goods and services that is made available in an economy in a given period of time. It looks at the national supply of all goods and services.

If there is a decrease in input prices, supplier's cost of doing business reduces and he will have more money to engage in more production. This will result in increased production and a shift of aggregate supply curve to the right.

This is illustrated in the attached diagram.

6 0
3 years ago
On December 1, after making a concerted effort, management determines that it will be unable to collect $1,200 owed to it by one
madam [21]

Answer:

Debit Allowance for doubtful debts $1,200

Credit Accounts receivable $1,200

Being entries to write off uncollectible debt on December 1

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.

5 0
3 years ago
A city government is considering raising the local income tax to pay for improvements to government facilities. a private citize
soldi70 [24.7K]

The results of the survey will most likely suffer from wording bias.

Wording bias:

Wording bias, also called question-wording bias or “leading on the reader” (Gerver & Sgroi, 2017) happens in a survey when the wording of a question systematically influences the responses (Hinders, 2019).

Is wording bias a type of response bias?

Wording bias can come into effect here as well

This type of bias influences the entire gamut of responses from individual or multiple participants.

For instance, if the researcher knows the participant personally, even greeting them in a friendly manner can have a subconscious effect on the responses.

Learn more about this here:

brainly.com/question/28178415

#SPJ4

 

4 0
1 year ago
Read 2 more answers
Many companies in the sharing economy have successfully taken their business to foreign markets as well. What challenges do you
irinina [24]

Some challenges for these companies as they expand into foreign markets are foreign policy, cultural differences and language barriers.

<h3>What is an effective internationalization strategy like?</h3>

It is one in which organizations develop a plan in line with their needs and the market to which they want to expand their business. For this, it is important to adapt products, services and communication to the local culture, to be a brand accepted by consumers and well positioned in the market.

Therefore, the international expansion of an organization can be positive and profitable when there is a strategy aligned with the needs of the local market.

Find out more about internationalization strategy here:

brainly.com/question/15234375

#SPJ1

6 0
2 years ago
Read 2 more answers
Other questions:
  • Indicate whether each of the following costs of an automobile manufacturer would be classified as direct materials cost, direct
    10·1 answer
  • Because colgate owns patent number 5,547,091, only colgate sells toothpaste with a flip-top cap, while others use the more tradi
    10·1 answer
  • An independent study commissioned by the stadium showed that running a cable tv ad 5 times daily for a week generated 1,200 tick
    12·2 answers
  • The term bench marking as relates to the hotel industry refers to A-line by line analysis's of the operating statement comparing
    15·1 answer
  • What does 3 dots inside a silver ring mean??
    10·1 answer
  • What is the multifactor productivity for Space Z Inc. using the following data?
    7·1 answer
  • On November 10 of the current year, Flores Mills sold carpet to a customer for $8,000 with credit terms 1/10, n/30. Flores uses
    7·1 answer
  • QUESTION 7
    11·1 answer
  • Jacob and Mason go to a diner that sells burritos for $5 and tacos for $3. They agree to split the lunch bill evenly. Mason choo
    10·1 answer
  • Redbox places its vending machines in easy-to-reach areas around pharmacies, grocery stores, discount stores, and more. Most cus
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!