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3 years ago

Identify the sentence that contains specific, concrete language.

Business

1 answer:

dusya [7]3 years ago

8 0

Answer:

The correct answer is letter "E": Three new representatives will complete their training this week.

Explanation:

Specific and concrete language provides factual data that could be numerical to inform exact information over a determined matter. Specific-concrete statements are objective and are mostly used in business writing to make clear reports for managers who will have to make decisions on the course of the company.

A) The speaker used an emotional tone when addressing the sales meeting.

(Subjective)

B) A substantial number of complaints were received from customers.

(Indefinite)

C) Many employees are dissatisfied with the change in retirement benefits.

(Indefinite)

D) The committee met several times to discuss the proposal.

(Indefinite)

E) Three new representatives will complete their training this week. (Specific and Concrete)

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Suppose that the term structure is currently flat so that bonds of all maturities have yields to maturity of 10%. Currently a 5-

laila [671]

Answer:

Explanation:

a) PV=$1000

As price is equal to face value then the Coupon rate will be equal to its YTM, 10%.

Annual Coupons = 10% * 1000 = $100

b.) We have purchased the bond for $1000, so our investment is $1000

At the end of the year 1, we get a coupon of $100 and the selling price.

1st CASE - When monetary policy is tight.

New YTM = 12%

Time left to maturity (n) = 4 years

Coupon payment = $100

Price = Coupon payment X PVAF(YTM, n) + Face Value X PVF(YTM, n)

[USE TABLES or Financial calculator]

Price = 100 X PVAF(12%, 4) + 1000 X PVF(12%, 4) = 100 X 3.307 + 1000 X .636 = 303.7 + 636 = $939.7

If we sell the bond, Return = (Coupon Received + Selling price - Purchase price ) \div Purchase price

= (100 + 939.7 - 1000) \div 1000 = .0397 or 3.97%

Scenario 2 - When monetory policy is loose

New YTM = 8%

Time left to maturity (n) = 4 years

Coupon payment = $100

Therefore, Price = Coupon payment X PVAF(YTM, n) + Face Value X PVF(YTM, n)

Price = 100 X PVAF(8%, 4) + 1000 X PVF(8%, 4) = 100 X 3.312 + 1000 X .735 = 331.2 + 735 = $1066.2

If we sell the bond, Return = (Coupon Received + Selling price - Purchase price ) \div Purchase price

= (100 + 1066.2 - 1000) \div 1000 = .1662 or 16.62%

4 0

4 years ago

Explain why two employees at a company, earning the same gross pay, might have different net pays.

larisa [96]

Answer:

see below

Explanation:

Two employees with the same gross pay will have different net pay because of differences in deductions. Net pay is the amount that reflects in the employee's bank account after all deductions. Involuntary deductions are mandatory and comprise statutory deductions such as social security, medicare, taxes, or others prescribed by the state or the courts. To a large extent, employees with similar gross pay will have the same statutory deductions.

Voluntary deductions are employee-initiated. They include mortgages, retirement plans, medical, life assurance, dental, and general insurance. These deductions are not uniform. Each employee will have a different amount deducted depending on their preferences. Voluntary deductions contribute significantly to two employees with the same gross pay to have different net pay.

5 0

4 years ago

What is business etiquette?

musickatia [10]

I think the most appropriate answer would be B. As Business etiquette is about building relationships with other people. Etiquette is not about rules & regulations but is about providing basic social comfort and creating an environment where others feel comfortable and secure, this is possible through better communication

I hope it helped you!

6 0

4 years ago

Read 2 more answers

Planters Bank pays 5 percent simple interest on its savings account balances, whereas Centura Bank pays 5 percent compounded ann

Semmy [17]

Answer:

$7,839.57

Explanation:

Given:

Amount deposited = $12,000

Time = 20 years

Interest paid by Planters Bank = 5%

Now,

Simple interest is given as:

Interest = Principle × Rate × Time

Interest = $12,000 × 0.05 × 20

interest = $12,000

therefore

the total amount at the end of 20 years = $12,000 + $12,000 = $24,000

now for the Centura Bank

Interest rate = 5% compounded annually

The compound interest is given as:

Final amount = Principle × ( 1 + rate )ⁿ

here, n is the time period

therefore,

Final amount = $12,000 × ( 1 + 0.05 )²⁰

Final amount = $31,839.57

The difference in amount = $31,839.57 - $24,000 = $7,839.57

7 0

3 years ago

On July 23 of the current year, Dakota Mining Co. pays $7,147,920 for land estimated to contain 9,048,000 tons of recoverable or

Korolek [52]

Answer:

ore deposits 7,147,920 debit

cash 7,147,920 credit

--to record purchase of land with ore deposit--

machinery 1,900,080 debit

account payable 1,900,080 credit

Account payable 1,900,080 debit

Cash 1,900,080 credit

--to record machine installation and payment of it 2 days later--

depletion expense 368,535

depreciation expense 97,965

ore deposit 368,535‬

equipment accumulated depreciation 97.965‬

Explanation:

the first entries are quite self-explanatory

Now, to calculate the depreication and depletion:

The machine will be depreciate at the same phase as the ore deposit As the asset is relate to it and will have no value after the miniming project ends.

depreciation for the year:

466,500 / 9,048,000 x 7,147,920 = 368.535‬ ore deposit amortization

466,500 / 9,048,000 x 1,900,080 = 97.965‬ equipment depreciation

3 0

3 years ago