Answer: <em><u>Cash to be distributed to Harding = $ 17000, Jones = $ 3000
</u></em>
Explanation:
It has been indicated that the ($9,000) deficit will be covered with a forthcoming contribution
∴ The Remaining Capital Balance is = (24000 + 24000) = $48000
∵Total cash Available = $20000
Loss = 48000 - 20000
= $ 28000
Loss will be shared between Harding & Jones in ratio = 16:48
∴ Harding Capital balance = = $ 17000
∴ Jones Capital balance = = $ 3000
Cash will be Distributed in their capital balance ratio
Therefore,
<u><em>Cash to be distributed to Harding = $ 17000, Jones = $ 3000
</em></u>
Answer:
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Answer:
b. Liabilities are understated by $4,167 accrued interest payable
Explanation:
Demand and marginal revenue curves are downward-sloping for monopolistically competition firms because: a. product differentiation allows each firm some degree of monopoly power.
<h3>What is product differentiation?</h3>
Product differentiation can be defined as what makes a product to different from another product which is why some producer tend to include a unique features in their so as to make their product distinct from that of others.
A monopolistic competitive firms can tend to face a downward - sloping demand curve based on the fact that it help to differentiate their product from that of others competitors.
Therefore the correct option is A.
Learn more about Product differentiation here: brainly.com/question/8107956
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The complete question is:
Demand and marginal revenue curves are downward-sloping for monopolistically competition firms because...
a)product differentiation allows each firm some degree of monopoly power
b)there are a few large firms in the industry and they each act as a monopolist
c)mutual interdependence among all firms in the industry leads to collusion
d)each firm has to take the market price as given
Answer:
coupon rate= 13.5%
Explanation:
Giving the following information:
Number of periods= 5*2= 10 semesters
Par value= $1,000
YTM= 0.1/2 = 0.05
Price bond= $1,136
<u>To calculate the coupon rate, first, we need to determine the coupon per semester using the following formula:</u>
Bond Price= coupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
1,136 = coupon*{[1 - (1.05^-10)] / 0.05} + [1,000/(1.05^10)]
1,136 = coupon*7.722 + 613.91
522.09 = coupon*7.722
$67.61=coupon
<u>Now, the coupon rate:</u>
Coupon= par value*(coupon rate/2)
67.61= 1,000*(coupon rate/2)
67.61= 500coupon rate
0.135=coupon rate
coupon rate= 13.5%