CSS shorthand allows several properties to be set at once. True False

At a meeting to announce a merger with another company, which of the following buzzwords is a business leader MOST likely to use

lora16 [44]

Answer: The buzzword to be used is synergy

Explanation:

Synergy means that two or more than two organisations combine their efforts. They decide to cooperate with each other so that they can produce better results compared to what they produce when they are separate.

When one company decides to merge with the other company, they decide to combine their resources. They take combined decisions so that they can work for their own betterment and to improve the productivity.

6 0

3 years ago

A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 5 percent. Thi

lesya692 [45]

Answer:

1. 11%

2. Yes and it is 6% for the large

3. Entry

4. 5%

Explanation:

4 0

2 years ago

Pontchartrain Company issues $20,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2017. Interest is paid on June 30 and De

solmaris [256]

Answer:

$1,568,498

Explanation:

First calculate the Amont of discount

Discount on the bond = Face value - Proceeds from the bond = $20,000,000 - $19,604,145 = $395,855

Now prepare the bond amortization

The Bond Amortization schedule is attached with this answer, please find it.

Now calculate the interest expense for 2017

Interest Expense 2017 = $784,165.80 + $784,332.43

Interest Expense 2017 = $1,568,498.23

Interest Expense 2017 = $1,568,498

3 0

3 years ago

Rodriguez and Ying start a partnership on July 1, 2019. Rodriguez contributes $4,100 cash, furniture with a current market val

guapka [62]

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr $4,100

Equipment A/c Dr $23,000

Furniture A/c Dr $47,000

To Account payable $16,000

To Rodriguez's Capital $58,100

(Being all adjustments are recorded and the remaining balance is credited to Rodriguez's Capital.

Remaining balance is calculated by

= Cash A/c + Equipment A/c + Furniture A/c - Accounts payable

= $4,100 + $23,000 + $47,000 - $16,000

= $74,100 - $16,000

= $58,100

6 0

3 years ago

The following statements are true. Explain why. a. If a bond’s coupon rate is higher than its yield to maturity, then the bond w

krok68 [10]

Answer:

A Bond's current market value represented by $B_{0}$ is the present value of a bond as on today. Present value of a bond is it's future cash flows in the form of coupon payments and principal repayment discounted at investor's expectation in the market also referred to as Yield to maturity(YTM).

Present value of a bond is given by the following equation,

$B_{0} = \frac{C}{(1\ +\ YTM)^{1} } +\ \frac{C}{(1\ +\ YTM)^{2} } \ +\ ......+\ \frac{C}{(1\ +\ YTM)^{n} } \ +\ \frac{RV}{(1\ +\ YTM)^{n} }$

where C= Annual coupon payments

YTM = Yield to maturity/ cost of debt/ market rate of return on similarly priced bonds

RV = Redemption value of bond

n = number of years to maturity

a. A bond's coupon rate is higher than it's yield to maturity, then the bond will sell for more than face value.

Hence, if the company pays more interest than what is paid in the market on similarly priced bonds, such bonds shall sell at more than their face value.

b. If a bond's coupon rate is lower than it's yield to maturity, then the bond's price will increase over it's remaining maturity.

Similarly, if a bond pays lower rate of interest than the market rate of interest on similarly priced bonds, the bond shall sell at lower than it's face value and the price will increase over the remaining life of such bonds.

6 0

4 years ago