Answer:
Explanation:
B.)Your annual salary for doing your job.
Answer:
IF mrs Jones wants to make 14% on the bond this is her required return and what the ytm of the bond should be to make her want to buy the bond. Because the bond pays a coupon of 12% she will want to pay less than the face value of the bond, so that the overall return can be 14%. Whenever the coupon rate of the bond is less than the required return or ytm, the bond is sold at a discount. In order to find at what price should she buy the bond we will need a financial calculator and input the following
FV= 10,000
YTM= 3.5 ( We divide 14 by 4 to find the ytm because the bond has quarterly compounded payments)
PMT= 300 ( We find out the 12% of 10,000 and divide it by 4 because the bond has quarterly payments)
N= 48 (12 years into 4 because there will be a total of 48 quarters and 48 payments)
Put these values in a financial calculator and compute the PV
PV= 8,845
The present value of the bond is 8,845 if the required return is 14% which means she should be willing to pay $8,845 for the bond today.
Explanation:
Burn surface water
Use bacteria
Skim the surface area
The cash<span> method accounts for revenue only when the money is received and for expenses only when the money is paid out. On the other hand, the </span>accrual<span> method accounts for revenue when it is earned and expenses goods and services when they are incurred. ... </span>Accrual<span> accounting is the most common method used by businesses.</span>
The correct answer is the agent and principal will be jointly and severally liable on the contract.
In general, an agent is not accountable for contracts made; the principal is. However, the agent will be held culpable if he is not or only partially revealed, if the agent lacks or exceeds authorization, or if the agent entered into the transaction in a personal role.
When an agent works on behalf of the principle in interactions with a third party, a contractual relationship is formed between the main and the third party, and the agent is not personally accountable.
Therefore, the correct option is the agent and principal will be jointly and severally liable on the contract.
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