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pishuonlain [190]
3 years ago
14

A textile artist can buy fabric, thread, and batting, create an heirloom quilt, and then sell the finished work to customers in

a kiosk decorated with some of the quilts produced to entice customers who shop at the local mall. By designing the quilts and kiosk with aesthetic value, the artist creates __________ utility.
a. application
b. possession
c. time
d. place
e. form
Business
1 answer:
Reil [10]3 years ago
6 0

Answer:

The correct answer is letter "E": form.

Explanation:

Form utility represents the efforts of a company for making a product more appealing to attract consumers. Firms tend to make researches before launching a product so they know what potential consumers want. After the study, organizations can provide a good or service that fulfills customers' demands or that surpasses them.

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On January 1, 2019, Broker Corp. issued $3,700,000 par value 10%, 12-year bonds which pay interest each December 31. If the mark
victus00 [196]

Answer:

Price = $3,241,718

Explanation:

To calculate issue price of the bonds we first calculate NPV of the bonds after 12 years and Interest payments of the bonds for 12 years.

NPV can be calculated by : Bond value * NPV factor after 12 years

so, Bond Value after 12 years = $3700 000 * 0.2567  = $949,790

We take the market interest rate for this.

Now we calculate Yearly interest payment = 3700000 * 10% = $370,000

we discount it back using annuity for 12 years so, 370000 * 6.1944 = $2,291,000. This is the total interest payments for 12 years in NPV terms.

To calculate issue price simply add Interest payments and Bond NPV value so,

Price  =  2291000 + 949790 = $3,241,718

Hope that helps.

8 0
3 years ago
3. A large hotel wants to relocate some of its parking area. Your company, ABC Contractors, would submit a ___
maksim [4K]
The correct answer would be a request form.
8 0
3 years ago
Read 2 more answers
Rachel's Designs has 1,800 shares of 5%, $50 par value cumulative preferred stock issued at the beginning of 2019. All remaining
Liono4ka [1.6K]

Answer:

Out of $15,000, the $13500 will be paid to preference stockholders and the remaining $1500 will be paid to equity stockholders

Explanation:

Given the information:

Rachel's Designs has 1,800 shares of 5%, $50 par value

The company plans to pay total dividends of $15,000 in 2021

For computing the preferred dividend, first we have to find out the yearly dividend which is shown below:

= Number of shares × par value per share × dividend rate

= 1,800*$50*5%

= $4,500

Since in 2019 and 2020 the dividend is not paid

The dividend arrears for 2019 and 2020 would be:

= $4,500 + $4,500

= $9000

=>   The total dividend is:

= $4,500 + $9000

= $13,500

So, for the common stockholder, it is

= $15,000 - $13,500

= $1500

Hence, out of $15,000, the $13500 will be paid to preference stockholders and the remaining $1500 will be paid to equity stockholders

7 0
3 years ago
Which of the following schools is least likely to receive state tax dollars? A. Liberty Baptist University
bagirrra123 [75]
The least likely to receive tax dollars is Liberty Baptist University because of its religious beliefs.
7 0
3 years ago
Which of the following assumptions would cause the constant growth stock valuation model to be invalid? The growth rate is zero.
Svetlanka [38]

Answer:

e. None of the above assumptions would invalidate the model

Explanation:

Incomplete question <em>"The constant growth model is given below: P0 = [D0(1 + g)]/[(rs - g)]"</em>

<em />

According to dividend discount model,  

P0 = D1/(R-G)

D1 - Dividend at t =1

R - Required rate

G - Growth rate

This would be invalid if R < G. In other words, Dividend growth model will be invalid in only one situation, that is, when growth rate is more than require return. In this situation growth model cannot be used.

8 0
2 years ago
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