Select Sales Companies offer of shares of stock in itself to anyone who is willing to pay $60 per share is a public offering. A public offering is the offering of securities of a company to the public. Generally, the securities are to be listed on a stock exchange. Businesses usually go public to raise capital in hopes of expanding.
Let’s just say that the entire year is 365 days. So, we need to divide the APR (13.50%) to 365. This gives us a value of 0.037% and since the the billing cycle is 30 days, we need to multiply 0.037% to 30 to get it’s periodic interest rate. Therefore, the periodic interest rate is 1.11%.
Answer:
$2,584.34
Explanation:
we can use the present value of an ordinary formula to calculate this:
present value = annual payment x annuity factor
- present value = $21,000
- PV annuity factor, 8.25%, 14 periods = 8.12586
annual payment = present value / annuity factor = $21,000 / 8.12586 = $2,584.34
When the interest rates are not whole number, e.g. 4%, instead of trying to use a present value annuity table, you should look online for annuity calculators that will calculate the annuity factors for you.
Answer:
Letter A is correct.<u> Direct marketing channel.</u>
Explanation:
A distribution channel is the most effective way a company decides to get its products to the end consumer at the right place at the right time. Intermediaries or business chains can be used to get the good to the customer. Some examples of distribution channels are: manufacturer, internet, retailers and shipping centers.
Distribution channels can be direct or indirect.
In the case of the above question, Sophie's sales occurred through a direct distribution marketing channel, because this is configured as the one where the consumer can purchase the product or service direct from the manufacturer, there are no intermediaries for the product to reach the final customer. And proper transportation or logistics teams are also used to effectively deliver directly.
Answer:
Total $1,271.0564
Explanation:
We have bond of 10 years ago, so the bond is left with 5 years of life
<u>we need to calculate the present value ofthe cuopon payment:</u>
C 50 (1,000 x 5%)
time 10 (5 years 2 payment a year)
rate 0.02 (4% annual divide by 2 to get semiannually)
PV $449.1293
<u>and the present value of the principal</u>
Maturity 1000
time 5
rate 0.04
PV $821.9271
<u>We add both to get the present value ofthe bond</u>
PV c $449.1293
PV m $821.9271
Total $1,271.0564
