Answer:
The definition of proprietorship is the state of owning a business or holding property. The major drawback or a proprietorship is that there is no separation assets and personal assets.
Answer: 5,000 units
Explanation:
Break-even points in units is calculated by;
= Fixed Costs / Contribution Margin per unit
Contribution Margin
= Sales - Variable Costs
= $40 - ( 40 * 40%)
= 40 - 16
= $24 per unit
Breakeven point
= 120,000/24
= 5,000 units
Answer:
Either A or C I would Go with A because it would be the best choice and would protect her from any virus or hackers
Explanation:
Incomplete question. Here's the full text;
Cracked Mirror, a locally well-known rock group, contracts to play for your high school prom. A week before the dance, the group cancels its appearance. A teacher finds out that the band took the opportunity to perform in a concert that will pay them $800 more. The class president’s mother is an attorney and offers her services to the school.....In the question above, could you fashion an equitable remedy that might prompt Cracked Mirror to decide to keep its commitment to play at your prom? (Certain remedies that may come to mind could violate portions of the U.S. Constitution and therefore could not be pursued.)
<u>Explanation:</u>
A good remedy that comes to mind is the equitable remedy of Specific performance. The remedy of Specific performance is usually issued by a court order requiring a party to perform a specific action, as obliged in a contract.
Thus, by suing Cracked Mirror rock group to pay monetary damages for its failure to perform could prompt them to keep its commitment to play at your prom, especially when the damages involves a significant amount.
$1,000-par-value bond had a 5.700%
Current price quote of 97.708
Yield to maturity (YTM) of 6.034%.
A.What was the dollar price of the bond?
Dollar price of bond = Par-value bond x Price of quote
$1,000 x 0.97708= $977.08
b.What is the bond’s current yield?
Current Yield = discount (or coupon) x par-value)/Dollar price of bond
= (0.057000 x $1,000)=57
57/$977.08= 0.05833708601 or 5.83%
C.Is the bond selling at par, at a discount, or at a premium? Why?
The reason been that the bond is selling at discount due to the fact that the coupon is lower than both the current yield and yield to maturity (YTM).
d.Compare the bond’s current yield calculated in part b to its YTM and explain why they differ?
The bond’s current yield in part (b ) is lower because the coupon is so high. If the discount were lower, then the current yield would be close to or the same as the YTM.
