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4 years ago

When would you use a cashier's check ?

Business

1 answer:

AleksAgata [21]4 years ago

6 0

Is this an open ended question ? Or multiple choice ?

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Unavoidable fixed costs are __________.

allsm [11]

Answer:

Irrelevant to the decision of whether to discontinue a product line because they will not differ between alternatives.

Explanation:

Unavoidable fixed costs can be defined as the costs that is sustained by an organization irrespective of if an activity is carried out or not.

Unavoidable costs are the costs that are encountered by a lot of businesses, this cost cannot be prevented even though production activities in the company are suspended in the short-run. These fixed costs are unavoidable and uncontrollable.

Unavoidable fixed costs is as a result of the various risks incurred by an organization inorder to stay relevant in the market. Example of unavoidable costs include tax payment, rental payments.

4 0

4 years ago

McConnel corporation has bonds on the market with 16.5 years to maturity, a YTM of 7.7 percent, a par value of 1000 and current

White raven [17]

Answer:

Coupon rate = 0.08402 or 8.402%

Explanation:

To calculate the price of the bond, we need to first calculate the coupon payment per period. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = x

Total periods (n)= 16.5 * 2 = 33

r or YTM = 7.7% * 1/2 = 3.85% or 0.0385

The formula to calculate the price of the bonds today is attached.

Using the bond price formula and the available values, we calculate the coupon rate to be,

1065 = x * [( 1 - (1+0.0385)^-33) / 0.0385] + 1000 / (1+0.0385)^33

1065 = x * (18.50739407) + 287.4653284

1065 - 287.4653284 = x * 18.50739407

777.5346716 / 18.50739407 = x

x = 42.012 rounded off to $42.01

If the semi annual coupon payment is $42.01, the annual coupon payment will be 42.01 * 2 = $84.02

The coupon rate on bonds is = 84.02 / 1000

Coupon rate = 0.08402 or 8.402%

7 0

3 years ago

1. Assuming Maria does not really care about her parents’ approval and ignores their assignment, will she be able to receive a c

Amanda [17]

Answer:

Yes she will get the credit card easily.

6 0

4 years ago

Charles lackey operates a bakery in Idaho, Falls Because of its excellent product location, demand has increased by 35% in the l

balu736 [363]

Answer:

For each hour of work 2.81 loaves are produced.

Explanation:

current production: 1,800 per month

utility cost 800

ingredient cost: 0.40

productivity per labor hour: output / labor hours

It is the total goods produced over a base.

In this case, labor hour.

1,800/640 = 2.8125

For each hour of work 2.81 loaves are produced.

8 0

3 years ago

Sensible Insurance Company collected a premium of $18,000 for a 1-year insurance policy on April 1. What amount should Sensible

salantis [7]

Answer:

Current liability for 3 months will be $4500

Explanation:

We have given that

Sensible insurance company has collected a premium of $18000

We have given time = 1 year = 12 months

So the premium collected per month [tex]=\frac{$1800}{12}=$1500[/tex

Now, the company has collected the revenue on April 1 and now it is December 31

So number of months from April to December = 9

So total premium earned in 9 months = 9× $1500 = $13500

So current liability for 3 months will be = 3×$1500 = $4500

6 0

4 years ago