Answer:
$74,880
Explanation:
The computation of the amount of interest Cullumber must pay the bondholders is shown below:
= Face value of the bond × interest rate
where,
Face value of the bond is $1,248,000
And the interest rate is 6%
So, the amount of interest paid is
= $1,248,000 × 6%
= $74,880
We simply multiplied the face value of the bond with the interest rate so that the amount of interest expense could come
The appropriate response is a Horizontal merger. An even merger is a merger or business union that happens between firms that work in a similar space, as rivalry has a tendency to be higher and the cooperative energies and potential picks up in piece of the pie are considerably more prominent for consolidating firms in such an industry.
Answer:
A tract of land used for raising crops or livestockcan be called a field or a farm.
Answer:
increase since his/her productivity will increase
Explanation:
An increase in physical capital generally increases worker productivity even if all the other factors of production remain the same. Physical capital includes machinery, buildings, computers, tools, etc., which make it easier for the workers to perform their tasks, therefore it increases their productivity.
E.g. a worker needs to deliver goods, and if he uses a delivery truck instead of a bicycle, he/she will be able to do it faster. That will allow the worker to make more deliveries per day ⇒ increase in the worker's productivity. The delivery truck represents the increase in physical capital.
