Answer:
present value = $57.14.28
present value = $2857.13
Explanation:
given data
perpetuity value = $400
interest rate = 7% = 0.07
interest rate = 14% = 0.14
to find out
What is the present value
solution
we get her present value that is express as
present value = ............1
put here value for rate 7% and 14%
present value =
present value = $57.14.28
and
present value =
present value = $2857.13
Answer: Extended
Explanation:
The extended problem solving variation is one of the process in which the customers are trying to get all the information which is related to the products and the specific brand for the buying purpose.
According to the given question, Kathy is searching online for buying the appliance that is washing machine and she comparing various types of features and the brands based on the model.
Based on the given scenario, the Kathy's purchasing is one of the example of extended problem solving variation where the customer does not aware about the brands and the actual features of the products.
Therefore, Extended problem-solving variation is the correct answer.
Answer:
10.46%
Explanation:
Data provided in the question
NPER = 4 years
Price of the bond is $956.12
Yield to maturity is 11.43%
Coupon rate = 10%
We assume the face value be $1,000
So the coupon payment is
= Face value × Coupon rate
= $1,000 × 10%
= $100
Now the current yield on this bond is
= Coupon payment ÷ Price of the bond
= $100 ÷ $956.12
= 10.46%
Answer:
The days' sales outstanding: C. 14 days
Explanation:
Average Accounts Receivable = (The beginning accounts receivable balance + The ending accounts receivable balance)/2 = ($69,000 + $37,000)/2 = $53,000.
Accounts Receivable Turnover = Net Credit Sales /Average Accounts Receivable = $1,431,000/$53,000 = 27 times
The days' sales outstanding = 365/Accounts receivable turnover ratio = 365/27 = 14 days
Answer:
The number of new shares that will be issued is 3,000 shares.
Explanation:
A stock dividend can be desctibed as dividend that paid to shareholders in shares instead of paying it in cash to the shaeholders.
From the question, we are given the following:
Number of shares outstanding = 30,000
Planned stock dividend percentage = 10%
Therefore, the number of new shares that will be issued as stock dividend to the shareeholders of Storico can be calculated as follows:
Number of new shares to issue = Number of shares outstanding * Planned stock dividend percentage = 30,000 * 10% = 3,000
Therefore, the number of new shares that will be issued is 3,000 shares.