Answer:
coupon interest rate that the company must set on the bonds in order to sell the bonds-with-warrants at par is 8.25%.
Explanation:
warrant per share = 2*75 = $150
price of the bond = 1000 - 150 - (1000/(1.05^40))
= $707.9543177
coupon*(1 -(1/(1.05^40)))/0.05 = 707.9543177
coupon*17.15908635 = 707.9543177
coupon = 41.25827583
coupon rate = 8.25%
Therefore, coupon interest rate that the company must set on the bonds in order to sell the bonds-with-warrants at par is 8.25%.
CA Employers need to pay attention to the following records:
- Safety and toxin/chemical exposure records, including safety data sheets: keep for 30 years.
- Pension and welfare plan information: keep for six years.
- First-aid records of job injuries causing loss of work: keep for five years.
<h3>Which records need to be kept by CA employers?</h3>
The state of California requires that employers in the state should keep certain records.
Pension and welfare records should be kept for 6 years while first-aid records should be kept for 5 years.
Safety and chemical records are placed a high value on and should be kept for 30 years.
Find out more on California employer requirements at brainly.com/question/26463698.
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Answer:
$80
Explanation:
Maximum wage is the maximum amount of money that a firm can pay its worker based on what the worker can produce and generate as revenue to the firm.
Given that the worker can produce 20 units of output which can be sold for $4 per unit, The maximum wage that the firm can pay the worker = output × price per unit output.
Maximum wage the firm can pay the worker = 20 units × $4 per unit = $80
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For the purpose of accounting, there are three types of expenditure.
1) Capital Expenditure
It is the amount incurred
in acquiring long term assets like land, buildings, equipments (which
are used for the purpose of earning revenues). These costs are reflected
in the account of Property, Plant and Equipment.
2) Revenue
Expenditure
It is the cost incurred in one accounting year wherein the benefits
are also enjoyed in the same period only. It does not increase the
earning capacity of the business, instead, it maintains the existing
earning capacity of said business. This expenditure is recurring in
nature like salaries and wages, selling and distribution expenses.
3) Deferred
Revenue Expenditure
It is a revenue Expenditure which has been incurred
within the current accounting year but its benefit will be extended to a
number of years. This cost is charged to the Profit and Loss account.
Example of this is advertising cost.
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