Sheridan Company shows the following balances in selected accounts of its adjusted trial balance.

Whiteside Corporation issues $500,000 of 9% bonds, due in 10 years, with interest payable semiannually. At the time of issue, th

umka2103 [35]

Answer:

$468,844 approx.

Explanation:

<u>Assumption</u>: <u>Since the question is incomplete, with the available information it has been construed that calculation of bond price is required and the question has been solved accordingl</u>y.

The price of a bond is the present value of future cash receipts it generates to the investor in the form of interest stream and principal stream.

$B_{0} = \frac{i}{(1\ +\ ytm)^{1} }\ +\ \frac{i}{(1\ +\ ytm)^{2} }\ +.....+\frac{i}{(1\ +\ ytm)^{n} } \ + \frac{RV}{(1\ +\ ytm)^{n} }$

wherein,

$B_{0}$ = price of bond as on today

i = annual coupon payments

ytm= investor's expectation of interest or market rate of interest on similar bonds

RV = Redemption value of such bonds assumed to be the face value

n = term to maturity

$B_{0} = \frac{22500}{(1\ +\ .05)^{1} }\ +\ \frac{22500}{(1\ +\ .05)^{2} }\ +.....+\frac{22500}{(1\ +\ .05)^{20} } \ + \frac{500000}{(1\ +\ .05)^{20} }$

$B_{0}=$ 12.46221 × 22,500 + 0.376889 × 22,500 = 280,399.725 + 188444.5

$B_{0} =$ $468,844 approx

This is the present value of the bond which is lower than it's face value because market rate of return of similar bonds is higher than the coupon rate of payment by Westside Corporation.

6 0

3 years ago

Cash Discount Calculations On June 1, Meadow Company sold merchandise with a list price of $40,000. For each of the sales terms

Step2247 [10]

Answer:

Credit Terms Date Paid Amount received

1 2/10,n/30 June 8 $39,200

2 1/10, n/30 June 15 $40,000

3 1/15, n/30 June 14 $39,600

4 n/30 June 28 $40,000

Explanation:

Sales are made on June 1 with list price $40,000

1.

June 8

The receipt is within the discount period of 10 days, so the amount received will be net of 2% discount as follow

Amount Received = $40,000 x ( 1 - 2%) = $39,200

2.

June 15

The receipt is after the discount period of 10 days, so the full amount will be received as follow

Amount Received = $40,000

3.

June 14

The receipt is within the discount period of 15 days, so the amount received will be net of 1% discount as follow

Amount Received = $40,000 x ( 1 - 1%) = $39,600

4.

June 28

There is no discount offered in this term and credit period of 30 days is given. The cash receipt is within the credit period, So the full amount will be received as follow

Amount Received = $40,000

4 0

3 years ago

In the _________________strategic focus, firms use their proactive environmental commitments in an attempt to differentiate thei

Alexus [3.1K]

Answer:

Beyond compliance leadership

Explanation:

Beyond compliance leadership is a very crucial strategic focus which requires a firm to go extra mile beyond the effort their compititors are making, their products should be differentiated from their competitors through proactive environmental commitments.

It should be noted that In the Beyond compliance leadership

strategic focus, firms use their proactive environmental commitments in an attempt to differentiate their products and services for their customers and also allows potential customers to consider the natural environment when they are purchasing products and services.

4 0

3 years ago

Subway restaurants are positioned as offering healthy, good-tasting sandwiches. When the competitive frame of reference is quick

Vladimir79 [104]

Answer:

health

Explanation:

Subway's points of difference (POD) when it is compared to McDonald's is health (or healthy food). When Subway is compared to other health food restaurants it's POD is taste. Subway focuses on selling healthy food that tastes well.

POD is what makes your business different form other similar businesses. A restaurant market is a monopolistic competition, where every supplier offers a different product than its competitors, and only those that excel at differentiating themselves in a good way will grow and expand.

4 0

3 years ago

Which EOC configuration aligns with the on-scene incident organization?A. Strategic Joint Command Structure B. Departmental Stru

White raven [17]

ICS or ICS-like EOC structure.

Further Explanation:

ICS or ICS-like EOC Structure:

Numerous locales/associations arrange their EOCs utilizing the standard ICS authoritative structure, either precisely as it is performed in the field or with slight adjustments. The structure is comfortable and it lines up with the on-scene episode association.

strategic joint command structure:

It activities direction and control of static and deployable central station, just as joint and consolidated powers over the full scope of the Alliance's military missions. SHAPE, at the key level, is at the head of six operational directions, two of which are bolstered by strategic (or part) level elements.

Departmental Structure:

A Departmental structure characterizes how exercises, for example, task designation, coordination, and supervision are coordinated toward the accomplishment of hierarchical points. Hierarchical structure influences authoritative activity and gives the establishment on which standard working methodology and schedules rest.

Incident Support Model (ISM) EOC Structure:

Incident Support Model (ISM) EOC Structure Jurisdictions/associations that spotlight their EOC group's endeavors on data, arranging, and asset backing may isolate the situational mindfulness work from arranging and consolidate tasks and coordinations capacities into an episode bolster structure.

Subject: business

Level: High School

Keywords: ICS or ICS-like EOC Structure, strategic joint command structure, Departmental Structure, Incident Support Model (ISM) EOC Structure.

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5 0

3 years ago

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