Answer:
In simple words, Enterprise apps are created to bring together a variety of activities and procedures. To facilitate coordination and decision-making, enterprise systems combine a company's major internal business operations into an unified software platform . Supply chains administration software assists a company in managing its relationships with vendors in order to improve product planning, procurement, production, and supply of commodities.
Answer:
A Bond's current market value represented by
is the present value of a bond as on today. Present value of a bond is it's future cash flows in the form of coupon payments and principal repayment discounted at investor's expectation in the market also referred to as Yield to maturity(YTM).
Present value of a bond is given by the following equation,
![B_{0} = \frac{C}{(1\ +\ YTM)^{1} } +\ \frac{C}{(1\ +\ YTM)^{2} } \ +\ ......+\ \frac{C}{(1\ +\ YTM)^{n} } \ +\ \frac{RV}{(1\ +\ YTM)^{n} }](https://tex.z-dn.net/?f=B_%7B0%7D%20%3D%20%5Cfrac%7BC%7D%7B%281%5C%20%2B%5C%20YTM%29%5E%7B1%7D%20%7D%20%20%2B%5C%20%5Cfrac%7BC%7D%7B%281%5C%20%2B%5C%20YTM%29%5E%7B2%7D%20%7D%20%5C%20%2B%5C%20......%2B%5C%20%5Cfrac%7BC%7D%7B%281%5C%20%2B%5C%20YTM%29%5E%7Bn%7D%20%7D%20%5C%20%20%2B%5C%20%5Cfrac%7BRV%7D%7B%281%5C%20%2B%5C%20YTM%29%5E%7Bn%7D%20%7D)
where C= Annual coupon payments
YTM = Yield to maturity/ cost of debt/ market rate of return on similarly priced bonds
RV = Redemption value of bond
n = number of years to maturity
<u>a. A bond's coupon rate is higher than it's yield to maturity, then the bond will sell for more than face value.</u>
Hence, if the company pays more interest than what is paid in the market on similarly priced bonds, such bonds shall sell at more than their face value.
<u>b. If a bond's coupon rate is lower than it's yield to maturity, then the bond's price will increase over it's remaining maturity.</u>
Similarly, if a bond pays lower rate of interest than the market rate of interest on similarly priced bonds, the bond shall sell at lower than it's face value and the price will increase over the remaining life of such bonds.
Answer:
zero
Explanation:
It will be Zero. Because its not an operating activity. It will come under Finance activity in the cash flow of Madison company .
Answer:
a.It provides organizational independence.
Explanation:
Budget is a statement of income and expenditure of a certain period. Budgets are useful for forecasting the operating activities and financial position of a business enterprise and it ensures good business practice because they plan for future.
Organizational independence is a state in which an organization is not vulnerable for personnel turnover. Independent Organizations are normally mon profits or non government organizations and they are defined to be a collection of people who to pursue a charitable goal be it local, national or global level. Budgeting is applicable on dependent organizations instead of independent Organizations.