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3 years ago

What schools,parents and young people/learners can do to prevent alcohol and drug abuse amongst youth.

1 answer:

6 0

I think keeping oneself occupied by relevant activities such as joining youth club that is proactive in various ongoing activities such as sports, fun field activities throughout the year on an ongoing basis can assist in keeping youth away from drugs and alcohol.

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Miller Corporation has a premium bond making semiannual payments. The bond pays a coupon of 10 percent, has a YTM of 8 percent,

Degger [83]

Answer:

Miller Bond:

Today: 1,166.63

1-year 1,159.83

4-years 1,135.90

9-years 1,081.11

13-years 1,018.86

14-years 1,000 (maturity)

Modigliani Bond

Today: 851.01

1-year 856.25

4-years 875.38

9-years 922.78

13-years 981.41

14-years 1,000 (maturity)

Explanation:

The present value will be the discount coupon payment and maturirty at the YTM rate:

Miller Bond:

The coupon payment are calcualte as ordinary annuity

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 50.00 (1,000 x 10% / 2)

time 28 (14 years x 2 payment per year)

rate 0.04 (8% YTM / 2 payment per year)

$50 \times \frac{1-(1+0.04)^{-28} }{0.04} = PV\\$

PV $833.1532

While Maturity, using the lump sum formula

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $1,000.00

time 28 semesters

rate 0.04

$\frac{1000}{(1 + 0.04)^{28} } = PV$

PV 333.48

PV coupon $833.1532 +PV maturity $333.4775 = Total $1,166.6306

For the subsequent time we must adjust t

in one year, there will be 26 payment until maturity

$50 \times \frac{1-(1+0.04)^{-26} }{0.04} = PV\\$

PVcoupon $799.1385

$\frac{1000}{(1 + 0.04)^{26} } = PV$

PVmaturity 360.69

Total $1,159.8277

As the bond get closer to maturity it will get closer to face value until maturity when it will equalize it.

We recalculate the same formula with values of:

in 4-year : then 10 years to maturity t = 20

in 9-years: then 5 years to maturity t= 10

in 13-years: 1 year to maturity t = 2

at 14 years: is maturity date so equals the face value of 1,000

Remember: there are two payment per year.

Same process will be done with Modigliani bond:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 1,000 x 8% / 2 payment per year : 40.00

time: 14 years x 2 payment per year = 28 payment

rate 10% annual rate /2 = 0.05

$40 \times \frac{1-(1+0.05)^{-28} }{0.05} = PV\\$

PV coupon $595.9251

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $ 1,000.00

time 28 semester

rate 0.05

$\frac{1000}{(1 + 0.05)^{28} } = PV$

PV maturity 255.09

PV coupon $595.9251 + PV maturity $255.0936 = Total $851.0187

and then we calcualte for the same values of t we are asked for the Miller bond.

8 0

3 years ago

Oriole Company uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $28

Tju [1.3M]

Answer:

Dr. Bad debt expense. $11,200

---------To Allowance for doubtful accounts $11,200

Explanation:

Given that:

Accounts receivable balance = $280,000

Total credit sales = $2,810,000

5% of accounts receivables will be bad debt = $280,00 × 5% = $14,000

Credit balance allowance for doubtful account = $2,800 and it must increase to $14,000 I.e $14,000 - $2,800 = $11,200

Adjusting journal entry

Dr Bad debt expense $11,200

-------- Cr Allowance for doubtful accounts $11,200

8 0

3 years ago

If the supply of dollars in the market for foreign-currency exchange shifts left, then the a. rises and the quantity of dollars

Elena-2011 [213]

Answer:

b. rises and the quantity of dollars exchanged falls.

Explanation:

As provided that the curve shifts leftward that means the supply has decreased and that the price has fallen.

Accordingly people will tend to buy more dollars, but since the supply is less the exchange of dollars practically will fall because the supply has decreased and the supplier will not be ready to sell the same in low rates.

Accordingly the exchange rate of dollars will rise because of low supply.

Also the quantity will fall of actual exchange of dollars because the suppliers would not supply at low price in high demand.

Thus, option b is correct.

5 0

3 years ago

Lumeris Inc., an automobile manufacturer, has an inflexible work schedule and requires its workers to work nine hours a day and

jonny [76]

Answer:

The correct answer is letter "B": nonphysical constraints.

Explanation:

According to the Theory of Constraints (TOC) a constraint is a limiting factor that does not enable companies to perform their work at their maximum capacity for their goals' achievement. In the same sense, nonphysical constraints are not material factors negatively influencing employees' actions. Wages cuts, reduction of benefits, unclear lines of command are examples of that kind of constraint.

4 0

3 years ago

Which of the following would an economist classify as capital? Group of answer choices lawyer's computer. $50 bill. 100 shares o

snow_tiger [21]

Answer:

lawyer's computer.

Explanation:

For the economist a stock is capital that can earn income or good that person holds and can sold for a particular price.

In this case the lawyer's computer is a good that the lawyer owns and can be exchanged for money. Also the lawyer can use the computer to help treat court cases thereby earning income.

8 0

3 years ago