Answer:
7.49%
Explanation:
n = Number of payment periods = 3
P = Total lease payment = Annual lease payment * Number of period = $20,700 * 3 = $62,100
FV = fair value of the machine = $50,000
Implicit rate = [($62,100 / $50,000)^(1 / 3)] - 1 = 0.0749, or 7.49%
Answer:
Divide Bloomingdale's sales by total industry sales
Explanation:
Market share point is calculated by dividing company's total share by total industry sales.
Answer:
B. an increase in the quantity of capital per hour worked
A. technological change
Explanation:
Modern economics operates by combining the two factors of production, labor and capital. The labor factor is influenced according to the education level of the workers. Thus, the more access to education, the higher the productivity of work. In addition, labor productivity is affected by the division of labor (increased workforce) and technological development. The increase in the quantities of capital affects the capital factor (inputs, machinery, etc.), not the labor factor.
The structural and sustainable change of an economy occurs through technological development. This is because technology is the factor capable of increasing the productivity of the factors of production: capital and labor. For example, technology can make the natural resources needed for production rationalized, that is, used to a lesser extent. This is a way to sustainably increase production.
Answer:
The current value of the Bond is $807.03
Explanation:
The price of the bond can be calculated by taking the present values of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond.
According to the given data
Face value of the bond = F = $1,000
Coupon payment = C = $1,000 x 4.5% x 6/12 = $22.5 Semiannually
Number of periods = n = 25 years x 2 = 50 period
s
YTM = 6% / 2 = 3%
Price of the bond is calculated by using following formula:
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Placing all the available values in the formula
Price of the Bond = $22.5 x [ ( 1 - ( 1 + 3% )^-50 ) / 3% ] + [ $1,000 / ( 1 + 3% )^50 ]
Price of the Bond = $578.92 + $228.11
Price of the Bond = $807.03
It has been hypothesized that Acheulean tools were commonly used for projectiles, butchering, and sharpening wooden spears. These tools were thought to have been used when the Acheulean's would hunt and gather. These tools served a purpose much like a knife or spear to just for everyday living.