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4 years ago

Fixing your sink is an example of a nonmarket transaction.

Business

2 answers:

svetoff [14.1K]4 years ago

6 0

True it is a non market transaction

Tpy6a [65]4 years ago

3 0

Answer:

true

Explanation:

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A BBB-rated, $1000 face value, corporate bond has a yield to maturity of 8.2%. A U.S. Treasury security has a yield to maturity

Shalnov [3]

Answer:

Price of treasury bond in terms of percentage of face value is 102.106%

Explanation:

Given:

Face value (FV) = $1000

Coupon rate = 7% or 3.5% semi-annually

Coupon payment (PMT) = 1000×0.035 = $35

YTM (rate) = 6.5% or 3.25% semi-annually

Maturity period (nper) = 5×2 = 10 periods

Using PV function to calculate price of treasury bond:

=PV(rate,nper,pmt,FV)

Price of bond is $1021.06 (it is negative as it is a cash outflow)

Price of bond in terms of percentage of face value = $\frac{1021.06}{1000} \times100$

=102.106%

5 0

3 years ago

The pattern of faulty and biased decision making that happens in groups whose members strive for agreement at the expense of goo

True [87]

Answer:

"Groupthink " would be the right answer.

Explanation:

Group-thinking seems to be a tendency that happens whenever a segment of the population achieves agreements without rational thought or consideration of the implications or replacements.
The tendency generates tension within the same group the seeks to suppress imagination but innovation to avoid confrontation.

8 0

3 years ago

The LaPann Company has obtained the following sales forecast data:

Andreas93 [3]

Answer:

1. C) $166,000

2. B) $248,000

Explanation:

Given the forecast

Month July August September October

Cash sales $80,000 $70,000 $50,000 $60,000

Credit sales $240,000 $220,000 $180,000 $200,000

Given that for credit sales, the regular pattern of collection is 20% in the month of sale, 70% in the following the month of sale and the remainder in the second month following the month of sale.

Account receivable balance is made up of credit sales yet to collected.

The budgeted accounts receivable balance on September 30

= 10% * $220,000 + 80% * $180,000

= $22,000 + $144,000

= $166,000

The budgeted cash receipts for October

= $60,000 + 20% * $200,000 + 70% * $180,000 + 10% * $220,000

= $60,000 + $40,000 + $126,000 + $22,000

= $248,000

7 0

3 years ago

Sheffield Marina has 300 available slips that rent for $1,000 per season. Payments must be made in full by the start of the boat

PolarNik [594]

Answer:

Please refer below the journal entries along with their explanation

Explanation:

Journal Entries for December 31, 2017

2018 season

Cash (300 x $1000) Debit $300,000

Unearned Revenue Credit $300,000

(To record rent revenue for the year ended Dec 31, 2017).

Journal Entries for October 31, 2018

2018 season

Unearned Rent Debit $300,000

Rent Revenue Credit $300,000

Journal Entries for December 31, 2018

2019 season

Cash (240,000-9,600) Debit $230,400

Discount Debit $9,600

Unearned Revenue Credit $240,000

For 2019 season, renters shall avail the discount of 4% on 56 slips i.e. 240 x 1000 = 240,000

Discount = 240,000 x 0.04 = 9,600

2020 season

Cash (56,000-10,080) Debit $45,920

Discount Debit $10,080

Unearned Revenue Credit $56,000

For 2020 season, renters shall avail the discount of 18% on 56 slips i.e. 56 x 1000 = 56,000

Discount = 56,000 x 0.18 = 10,080

5 0

3 years ago

An economy produces computer chips and fish. In 2014, one pound of fish costs $10, a computer chip costs $10, and the economy pr

vesna_86 [32]

Answer:

Real GDP (2014 price) = $ 250

Explanation:

GDP is the total value (PxQ) of goods & services, produced by an economy during a period of time. Real GDP is the value at constant base year prices.

Given [2015] : Fish Quantity = 5 , Computer Chip Quantity = 20

Base Year [2014] price : Fish = $10 , Computer Chip = $10

2015 Real GDP at 2014 base year price = Price 2014 x Quantity 2015

= (Fish PXQ) + (Computer Chip PXQ)

= (10 x 5) + (10 x 20)

= 50 + 200

= $ 250

3 0

3 years ago