When initiating communication in a business environment, the first step is to:

Pontchartrain Company issues $20,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2017. Interest is paid on June 30 and De

solmaris [256]

Answer:

$1,568,498

Explanation:

First calculate the Amont of discount

Discount on the bond = Face value - Proceeds from the bond = $20,000,000 - $19,604,145 = $395,855

Now prepare the bond amortization

The Bond Amortization schedule is attached with this answer, please find it.

Now calculate the interest expense for 2017

Interest Expense 2017 = $784,165.80 + $784,332.43

Interest Expense 2017 = $1,568,498.23

Interest Expense 2017 = $1,568,498

3 0

2 years ago

The total product curve: a. will become flatter as output increases if there are diminishing returns to the variable input. b. w

Vinvika [58]

Answer:

B) Will become flatter as output increases if there are diminishing returns to the variable input

Explanation:

8 0

3 years ago

A firm that offers tailor-made suits to its customers is appealing to the ____________ dimension of the customers’ utility funct

alexandr1967 [171]

Answer:

Fit dimension

Explanation:

Utility function is the function which is vital that measures the preferences over a set of the services or goods. Utility states the consumer or the customer satisfaction, receiving the consuming and choosing the service or product.

Consumer utility function is the function which states the satisfaction or contentment of the customer. So, if the firm or the company who is offering the tailor made ( which means as per the requirement of the customer), to the customer that appeals the fit dimension of the utility function of the customer as it captures how well the service or the product matches the characteristics of the given customer.

6 0

3 years ago

limited government licenses that create a monopoly do so because part 2 a. the license grants a marginal cost advantage. b. the

sammy [17]

Limited government licenses that create a monopoly do so because the license is an entry barrier.

Hence, option C is correct.

What do you mean by monopoly in economics?

Monopoly can be defined as a situation where there is a dominance of a single seller in the market. It is opposite to the concept of perfect competition. An unregulated monopoly possesses market power and can influence prices in the overall sector.

The main features revolves around

Only One Seller and Various Buyers.
No Produce Replacement Option
Very Difficult to Enter in Market.
Pricing Control.
Government Driven.
Natural Monopoly.

There are usually three types of monopoly

Natural Monopolies.
State Monopolies.
Un-natural Monopolies.

To know more about monopoly from the given link

brainly.com/question/28841635

#SPJ4

3 0

1 year ago

Steak Company acquired a building valued at $170,000 for property tax purposes in exchange for 10,000 shares of its $5 par commo

Yuliya22 [10]

Answer:

$160,000

Explanation:

Data provided in the question:

Value of the building acquired = $170,000

Number of shares exchanged = 10,000

Selling price of the stocks = $16 per share

Now,

The amount for which the building will be recorded by Steak Company is the market value of the shares that has been exchanges to acquire the building.

Therefore,

The amount for which the building will be recorded by Steak Company

= Number of shares exchanged × Selling price of the stocks

= 10,000 × $16

= $160,000

3 0

2 years ago