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Natalija [7]
3 years ago
12

Chuck offers $240,000 for a house. The seller turns down the offer but says she will sell the house for $260,000. However, Chuck

refuses to pay the higher price. If Chuck is following the economic decision rule, the marginal benefit of the house to:
Business
1 answer:
qaws [65]3 years ago
6 0

Answer:

Chuck must be less than $260,000

Explanation:

The economic decision rule is: Do it if that marginal benefit exceeds the marginal cost and Since Chuck was unwilling to purchase the house at $260,000, we can deduce that the marginal benefit of purchasing the house must be less than $260,000 due to the fact that the seller turns down the offer but says she will sell the house for $260,000.

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Collector Carl displays his beer can collection at the local swap meet. Mary sees the collection and is interested in buying it.
horrorfan [7]

Answer:

Which of the following is correct?

b.

Explanation:

b. Mary's counteroffer terminates Carl's offer of $1,500

6 0
3 years ago
The number of employees a supervisor can efficiently and effectively direct is called span of control. contemporary organization
g100num [7]
<span>Contemporary organizations find that wide spans create flat organizations with fewer vertical levels. Contemporary structures and forms of organizations are simple, functional structures. They are used in a simple business environment and they are traditional in their views and business practices. </span>
5 0
3 years ago
Capital One is advertising a 60-month, 5.99% APR motorcycle loan. If you need to borrow$8000 to purchase your dream Harley David
spayn [35]

Answer:

R=154.66941

Explanation:

the payment will be made monthly so we need to convert the 5.99% APR in to moths

Monthly Interest =5.99%/12 = 0.499%

Total payments = 60

Amount Borrowed = $8000

Rental = ?

Using the annuity formula = P=R*(1-(1+i )^-n ) / i

So we have = 8000=R*(1-(1+0.499%)^-60) / 0.499%

8000=R* (1-0.74181) / 0.499%

8000=R* 0.25818/ 0.499%

8000=R*51.72321

R=8000/51.72321

R=154.66941

6 0
3 years ago
On January 1 of this year, Trucks R Us Corporation issued bonds with a face value of $ 2,000,000 and a coupon rate of 10 percent
Anestetic [448]

Bonds Payable amount reflected in balance sheet = $2192890

Face Value = $2000000

Coupon Rate = 10%

Maturity Period = 10 years

Number of compounding = 2

Interest = $2000000 * 10% * 6/12 = $100000

Period = 2 * 10 = 20

Maturity Value = Face Value = $2000000

Market Interest Rate semiannually = 0.085 / 2 = 0.0425

Market Value = Present Value of Future Cash Flows

= PV of Interest + PV of maturity value

= (Interest * PVAF (4.25%, 20)) + (Maturity Value * PVIF (4.25%, 20))

= (100000 * 13.29437) + (2000000 * 0.434989)

= $1329437 + $869978

= $2199415

Since market value is greater than face value, we can say that bonds are issued at a premium.

Premium = $2199415 - $2000000 = $199415

Journal Entry to record the issuance of bonds:

Cash a/c                                               Dr          $2199415

     To Bonds Payable a/c                                 $2000000                            

     To Premium on the issue of bonds            $199415

Bonds Payable amount is a liability account that carries the quantity owed to bondholders by way of the company. This account usually seems in the lengthy-term liabilities section of the stability sheet, on account that bonds usually mature in more than one year.

Learn more about Bonds Payable amount here: brainly.com/question/7158291

#SPJ4

6 0
1 year ago
Peter owns 100 shares of a company. He receives a fixed rate of dividend from these shares. Which type of share has Peter purcha
xenn [34]

Answer:

B.  preference shares

Explanation:

Option A is wrong because equity shares provide a different rate of dividends to a shareholder. Equity shares are known as ordinary shares. Therefore, option C is wrong.

There are no priority shares in the components of stockholders' equity. Hence option D is wrong.

Investment security​ does not give any dividends. So option E is wrong.

Option B is correct because preference shares give a fixed rate of dividend.

4 0
4 years ago
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