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Marysya12 [62]
2 years ago
7

On January 1, Applied Technologies Corporation (ATC) issued $550,000 in bonds that mature in 10 years. The bonds have a stated i

nterest rate of 12 percent. When the bonds were issued, the market interest rate was 12 percent. The bonds pay interest once per year on December 31. Required: 1. Determine the price at which the bonds were issued and the amount that ATC received at issuance. 2.
Business
1 answer:
AVprozaik [17]2 years ago
3 0

Answer:

$550,000

Explanation:

Data provided in the question

Issued amount = $550,000

Time period = 10 years

Stated interest rate = 12%

Market interest rate = 12%

Based on above information, as we can see that the stated interest rate is equal to market interest rate i.e 12% which reflects that it issued at par i.e face value

So in this case, the amount received at issuance is equal to the issued amount i.e $550,000

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Straight rebuy is a buying situation in which the buyer routinely reorders something without any modifications.

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3 years ago
The district director of 5 mortgage origination offices staffed by bank associates who cold call potential customers in an attem
Artist 52 [7]

Answer:

Revenue Centre

Explanation:

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3 years ago
The top managers of an organization typically use a variety of financial indicators to assess the performance of their organizat
AnnyKZ [126]

Answer:

Four significant types of financial measures are :-  

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2. Liquidity ratio :- liquidity proportion is utilized by the top chief to realize the organization's capacity to pay its present commitment. organization's liquidity proportion incorporates current proportion, speedy proportion, money to add up to resource, deal to receivable, Days' receivables proportion, Cost of deals to payable, and money turnover.  

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3 years ago
Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of
Verizon [17]

Answer:

=$422,000

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As per the contribution margin concept, the contribution margin per unit is equal to the selling price per unit minus variable costs.

Therefore, the total contribution margin is the sales minus variable costs.

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2 years ago
What is a broker?<br><br><br> Career Prep Edge
Colt1911 [192]

Answer:

A broker refers to an individual who is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.

Explanation:

A broker refers to an individual or business firm that is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.

Generally, a broker acts as an intermediary between a buyer (investor) and a seller (securities exchange) for a commission or an agreed upon fee after executing the deal. Thus, a broker also referred to as a stockbroker acts as a principal party in the buying or selling of stocks or securities in the financial markets.

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