Which shellfish resembles a pincushion? A.sea urchin B.spiny lobsters C.abalone

Which of the following is a characteristic of a hybrid ARM loan

Marta_Voda [28]

Answer choices are:

a. The loan must have a cosigner
b. Used for vehicle purchases only
c. Fixed initial rate followed by periodic rate adjustments
d. A short duration of a loan, usually five years or less
Correct answer choice is:

c. Fixed initial rate followed by periodic rate adjustments

hybrid ARM loan is a loan that starts with a fixed interest rate for a specific period of time, that can be in few years, and later on, the terms are changed to a variable rate of interest for the remaining amount of time period.

7 0

3 years ago

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When a PR firm actively combines public relations, marketing, advertising, and promotion into a more or less seamless communicat

LuckyWell [14K]

Answer:

Integrated marketing communications

Explanation:

Integrated marketing communications refers to a strategy in which the different forms of communication are coordinated to be able to deliver the same message to potential customers. According to this, the answer is that when a PR firm actively combines public relations, marketing, advertising, and promotion into a more or less seamless communication campaign that is as at home on the web as it is on the television screen and magazine page, it is engaging in integrated marketing communications.

8 0

3 years ago

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State tax officials, having had considerable success in persuading delinquent individuals to pay their back taxes through the in

Akimi4 [234]

Answer:

B) stiff fines are not the only way to collect past due corporate taxes

Explanation:

Collecting taxes is not an easy or inexpensive job. The IRS spends billions of dollars in order to collect taxes and the same applies to state taxing entities (at a smaller proportion).

So if state tax official can find a way to collect past due taxes then it should always be a good idea. Everyone loves a discount and corporations probably love discounts more. If the reduction or elimination of fines will make corporations pay their state taxes, then it's a great idea.

It's always better to collect $100 in taxes than to have $200 in past due taxes that aren't collected.

7 0

3 years ago

Brief Exercise 259 Mintz Company issued $400,000, 10%, 10-year bonds on January 1, 2017, at 105. Interest is paid annually on De

Ira Lisetskai [31]

Answer:

Dr cash $420,000

Cr bonds payable $400,000

Cr premium on bonds payable $20,000

Dr interest expense($40000-$2,000) $38,000

Dr premium on bonds payable $2,000

Cr cash $40,000

Explanation:

The bond price is the pv of all cash inflows promised by the bond which includes annual coupon and repayment of face value at redemption:

bond price=face value *105%

bond price=$400,000*105%=$420000

The cash proceeds from the issue would be debited to cash while bonds payable is credited with $400,000 and premium on bonds payable is credited with $20,000.

amortization of premium=$20,000/10=$2,000

interest payment=10%*$400,000=$40,000

8 0

3 years ago

Guthrie Enterprises needs someone to supply it with 210,000 cartons of machine screws per year to support its manufacturing need

vlada-n [284]

Answer:

$6.9807 per carton

Explanation:

210,000 cartons of machine screws

equipment cost $2,650,000

depreciation per year = ($2,650,000 - $220,000) / 5 = $486,000

fixed manufacturing costs $705,000 per year

variable costs per carton = $9.51 x 210,000 = $1,997,100

initial investment in net working capital $375,000

tax rate 22%

discount rate 10%

price per carton?

initial investment = -$3,025,000

CF₁ = [(R - $705,000 - $486,000) x 0.78] + $486,000 = 0.78R - $442,980

CF₂ = [(R - $705,000 - $486,000) x 0.78] + $486,000 = 0.78R - $442,980

CF₃ = [(R - $705,000 - $486,000) x 0.78] + $486,000 = 0.78R - $442,980

CF₄ = [(R - $705,000 - $486,000) x 0.78] + $486,000 = 0.78R - $442,980

CF₅ = [(R - $705,000 - $486,000) x 0.78] + $486,000 + $220,000 + $375,000 = 0.78R + $152,020

$3,025,000 = (0.78R - $442,980) / 1.1 + (0.78R - $442,980) / 1.1² + (0.78R - $442,980) / 1.1³ + (0.78R - $442,980) / 1.1⁴ + (0.78R + $152,020) / 1.1⁵ = 0.709R - $402,709 + 0.645R - $366,099 + 0.586R - $332,817 + 0.533R - $302,561 + 0.484R + $94,392

$3,025,000 = 2.957R - $1,309,794

$4,334,794 = 2.957R

R = $4,334,794 / 2.957 = $1,465,943.19

total revenue = $1,465,943.19

revenue per carton = $1,465,943.19 / 210,000 = $6.98

4 0

4 years ago