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Basile [38]
3 years ago
15

The FDA supervises standards of quality and consistency of drugs today. True False

Business
1 answer:
Soloha48 [4]3 years ago
7 0
True. Hope this helps!
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Watters Umbrella Corp. issued 15-year binds two years ago at a coupon rate of 6.2 percent. The bonds make semiannual payments. I
Sholpan [36]

Answer:

YTM = 6.42%

Explanation:

current market value = $1,000 x 98% = $980

n = (15 - 2) x 2 = 26

coupon = $1,000 x 6.2% x 1/2 = $31

face value = $1,000

YTM = [coupon + [(face value - market value)/n]} / [(face value + market value)/2]

YTM = [31 + [(1,000 - 980)/26]} / [(1,000 + 980)/2]

YTM = (31 + 0.77) / 990 = 31.77 / 990 = 0.03209 x 2 (annual yield) = 0.641818 = 6.42%

5 0
3 years ago
How does a history of colonization in sub-saharan africa influence sustainable economic development in the region today?.
nlexa [21]

Answer:

Economies based on the exploration of raw materials were established in Sub-Saharan Africa.

8 0
2 years ago
The App Store needs to raise $2.8 million for expansion. The firm wants to raise this money by selling 20-year, zero-coupon bond
DENIUS [597]

Answer:

10,064 bonds

Explanation:

Given:

Amount to be raised = $2,800,000

Par value (FV) = $1,000

Maturity (nper) = 20×2 = 40 periods

Yield (rate) = 6.49 ÷ 2 = 3.245% or 0.03245

Coupon payment is 0 as it's a zero coupon bond.

Assume it's compounded semi-annually.

Calculate the price of the bond today using spreadsheet function =PV(rate,nper,pmt,FV)

Price of bond is $278.23

PV is negative as it's a cash outflow.

Number of bonds to be sold = Total amount to be raised ÷ Price of bond

                                                = 2,800,000 ÷ 278.23

                                                = 10,064 bonds

Company should sell 10,064 bonds to raise $2.8 million

5 0
3 years ago
Playwrights that have been quoted as serving as the initial director of their work are
Scorpion4ik [409]
Among the novelists, these are the those that served the initial director of their work: Samuel B<span>eckett, Bertolt Brecht, David Mamet, </span><span>George Bernard </span><span>Shaw</span>, Sam Shepard and the most famous novelist, William Shakespeare. After Shakespeare's time, playwrights are already considered as independent artists.
6 0
3 years ago
If the Budgetary fund balance account was debited when the budget was recorded in the City of Mustangville's General Fund, then:
Marysya12 [62]

Answer: a. appropriations exceed estimated revenues

Explanation:

A Budgetary Fund Balance is simply an account that Government agencies and Departments have to calculate the difference between expected inflows and Outflows for the period that a budget covers.

It is a temporary account with it's balance going to the General fund. If it is debited in the General fund then that means that Appropriations approved for the period are more than the revenues expected. The reverse is true.

6 0
3 years ago
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