Answer: No. Mr. Smith cannot run for the Massachusetts Senate seat
Explanation:
From the question, we are informed that Mr. Smith is 49 years old, a United States citizen and that he would like to run for a Senate seat in Massachusetts. He lives in New York and is registered to vote in that state.
It should be noted that Mr Smith isn't a resident of Massachusetts and therefore, he cannot run for Senator as he's not registered there but rather he registered in New York. Assuming he registered in New York, then he can be a senator there but he isn't registered there, therefore he can't.
Budgeted Purchases = Sales units + Closing inventory - Beginning Inventory
= 5,000 + (1,000 * 130%) - 1,000
= 5,300 units
Is the monetary costs a firm pays out and the revenue a firm receives. It is the bookkeeping profit<span>, and it is higher than economic </span>profit<span>. </span>Accounting profit<span> = total monetary revenue- total costs.</span>
Answer:
a) A discount retailer
Explanation:
The formula to determine the cash conversion cycle is shown below:
Cash Conversion Cycle = days inventory outstanding + days sales outstanding - days payables outstanding.
So as per the given situation, the first option i.e. discount retailer should have the negative cash conversion cycle as in other options it created the positive impact
So the option a is correct
Answer:
if YTM at 4% price : $2,902.1237
if YTM at 8% price : $1,788.0448
The bonds are above face value asthey offer a higher coupon payment than the market yield therefore the bond holders are willing to pay above theri face value
Explanation:
the market price of the bond will be the present value of coupo payment and maturity:
C 150.000
time 30
rate 0.04
PV $2,593.8050
Maturity 1,000.00
time 30.00
rate 0.04
PV 308.32
PV c $2,593.8050
PV m $308.3187
Total $2,902.1237
No we repeat the process with the yield at 8%
C 150.000
time 30
rate 0.08
PV $1,688.6675
Maturity 1,000.00
time 30.00
rate 0.08
PV 99.38
PV c $1,688.6675
PV m $99.3773
Total $1,788.0448
