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3 years ago

If $1,000,000 of 9% bonds are issued at 102 3/4, the amount of cash received from the sale is

Business

1 answer:

Marina86 [1]3 years ago

6 0

Answer:

b.$1,027,500

Explanation:

First we need to find the number of bonds issued so we will divide 1,000,000 by 100 as we assume 100 is the face value. 1,000,000/100=10,000

Now we will multiply the number of bonds by the issue price in order to find the amount of cash received.

10,000*102.75=1,027,500

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If a diversified firm had three businesses and these companies shared a common marketing and service operation, as well as commo

Westkost [7]

Answer:

true, it reduces costs by sharing activities

Explanation:

In this case, since the diversified firm has three different businesses that share common marketing and service operations, it is benefiting from a type of economies of scope called shared activities.

Economies of scope basically refers to saving money when producing two or more goods or services by using common production processes in order to reduce costs. The joint production of the goods or services will cost less than if the company produced each one separately.

This company is benefiting from using shared activities because one single marketing unit and another single operations unit will serve the three separate businesses.

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3 years ago

Schweitzer realized that in many cases individuals could only accomplish direct human service in collaboration with official org

____ [38]

Answer: an absolutely personal and independent activity

Explanation:

Since Schweitzer realized that direct human service can only be accomplished when one collaborates with an official organization, this shows that he wanted to be an absolutely personal and independent activity.

In such case, he wants an activity that will be free from the outside control. Other options are wrong as he wasn't really interested in funding of organizations, or increasing the number of official organizations that are dedicated to direct human service.

5 0

3 years ago

Mark has two job offers when he graduates from college. mark views the offers as identical, except for the salary terms. the fi

Naily [24]

<span>The first Job has a 100% chance for Mark to earn $50,000. While the second Job Has a possible 50% chance for Mark to earn $20,000 and another possible 50% chance for him to earn $80,000 ($20,000 + $60,000) If mark is risk neutral (Meaning that he is insensitive as regards to risk taking) and he wants to maximize his expected utility then Mark will go for the 100% chance of earning $50,000.</span>

5 0

4 years ago

Suppose the U.S. Treasury offers to sell you a bond for $747.25. No payments will be made until the bond matures 5 years from no

8090 [49]

Answer:

r = 6.00%

Explanation:

given data:

bond price = $747.25

$V = \frac{P}{(1+r)^n}$

$747.25 = \frac{1000}{(1+r)^5}$

$(1+r)^5= \frac{1000}{747.25}$

1.33824 =(1+r)^5

taking log on both side

5 ln (1+r)= ln 1.33824

$ln (1+r)= \frac{0.291355477}{5}$

ln (1+r) = .05827

$1+r =e^{0.05827}$

1+r =1.06

r=0.06

r = 6.00%

5 0

4 years ago

Journalize the following sales transactions for Antique Mall. Explanations are not required. The company estimates sales returns

dolphi86 [110]

Answer:

Antique Mall

Journal Entries:

Jan. 4 Debit Accounts Receivable $14,000

Credit Sales Revenue $14,000

credit terms are n/30.

Debit Cost of goods sold $7,000

Credit Inventory $7,000

Jan. 8 Debit Sales Returns $400

Credit Accounts Receivable $400

Debit Damaged Goods $150

Credit Cost of goods sold $150

Jan. 13 Debit Cash $13,600

Credit Accounts Receivable $13,600

Jan. 20 Debit Accounts Receivable $4,900

Credit Sales Revenue $4,900

credit terms are 1/10, n/45, FOB destination.

Debit Cost of goods sold $2,450

Credit Inventory $2,450

Jan. 20 Debit Freight-out Expense $70

Credit Cash $70

Jan. 29 Debit Cash $4,851

Debit Cash Discounts $49

Credit Accounts Receivable $4,900

Explanation:

a) Data and Analysis:

Jan. 4 Accounts Receivable $14,000 Sales Revenue $14,000

credit terms are n/30.

Cost of goods sold $7,000 Inventory $7,000

Jan. 8 Sales Returns $400 Accounts Receivable $400

Damaged Goods $150 Cost of goods sold $150

Jan. 13 Cash $13,600 Accounts Receivable $13,600

Jan. 20 Accounts Receivable $4,900 Sales Revenue $4,900

credit terms are 1/10, n/45, FOB destination.

Cost of goods sold $2,450 Inventory $2,450

Jan. 20 Freight-out Expense $70 Cash $70

Jan. 29 Cash $4,851 Cash Discounts $49 Accounts Receivable $4,900

8 0

3 years ago