Answer:
Longly will receive $1,817.43 from selling the bond.
Explanation:
As the coupon rate is 8%; we have annual coupon payment = 2,000 x 8% = $160.
The price of the bond Longly will receive is equal to the present value of 20 annual coupon payment plus the present value of $2,000 face value repayment in 20 years time; with the two streams of cash flow discounting at the market rate at the date of issuing 9%; which is calculated as:
[ ( 160/9%) x [ 1 - 1.09^(-20) ] ] + ( 2,000 / 1.09^20 ) = $1,817.43.
So, the answer is $1,817.43.
Answer:
budget surplus.
if government spending and taxes are equal, it is said to have a balanced budget.
Clients with an Eastern orientation tend to place high value on:
- Family or group satisfaction instead of individualistic satisfaction.
- Parent-child bond instead of marital bond.
- Harmony and interpersonal relationship instead of self-fulfillment or self-development.
- Spiritualism instead of materialism or consumerism
- Harmony with nature instead of mastery over it.
- Authoritarianism instead of democratic orientation.
- Suppression of emotions instead of open expression of emotions.
Answer:
$77,200
Explanation:
Conversion cost is calculated as;
= Direct labor cost + Manufacturing overhead.
Given that;
Direct labor cost = $40,500
Manufacturing overhead = $36,700
Conversion cost = $40,500 + $36,700
= $77,200
Answer: Option C
Explanation: Social capital refers to the additional success an organization get due to its positive relationships and communication network both within and outside the organisation. It is not a decision making but an ongoing process and is considered necessary in modern business environment.
The media houses could affect the business operations at a high level. Thus, positive relationships with the media houses can bring the organisation an edge over its competitors.
As it is related to relationship building and management it could be facilitated by the social capital.
