1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
galben [10]
2 years ago
11

Adonis Corporation issued 10-year, 7% bonds with a par value of $220,000. Interest is paid semiannually. The market rate on the

issue date was 6%. Adonis received $236,371 in cash proceeds. Which of the following statements is true?
a. Adidas must pay $220,000 at maturity plus 20 interest payments of $6,600 each.
b. Adidas must pay $236,371 at maturity and no interest payments.
c. Adidas must pay $220,000 at maturity plus 20 interest payments of $7,700 each.
d. Adidas must pay $220,000 at maturity and no interest payments.
e. Adidas must pay $236,371 at maturity plus 20 interest payments of $7,700 each.
Business
1 answer:
san4es73 [151]2 years ago
8 0

Answer:

The answer is C

Explanation:

The interest payment is semiannual, meaning it pays interest twice in a year.

Adonis corporation issued a 10-year bond. Since the interest payment is paid twice a year, the number of periods the interest will paid is 20 times(10 years x 2).

And interest to paid is:

$220,000 x 7%

Annual interest paid is $15,400

Since it is semiannual, interest payment will be $7,700($15,400 ÷ 2)

The principal payment at maturity is $220,000. Par value means face value at maturity or principal value at maturity.

You might be interested in
A firm always has a competitive disadvantage when its return on invested capital is:_________
Brilliant_brown [7]

Answer:

A firm always has a competitive disadvantage when its return on invested capital is:_________

D. below the industry average.

Explanation:

A firm's competitive disadvantage shows when the return on investment is below the industry average.  For instance, let us assume that Niposte, Inc. operates in the paper milling industry and that its return on investment of 10% falls below the industry average of 15%, then one can conclude that Niposte, Inc. is not favored in this industry.   The cause of such a situation for Niposte, Inc. may be that the ability of its management to turn revenue into profits for stockholders is hampered with excessive costs.  This is because the return on investment is a profitability ratio that shows how Niposte, Inc. and its competitors are performing in terms of generating profit from revenue through efficient management of operating costs.

4 0
3 years ago
Scenario 13-6 Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As
marysya [2.9K]

Answer:

total cost of farming = $380

so correct option is d. $380

Explanation:

given data

cost of seeds = $130

Farmer Ziva charges = $25

time = 10 hours

solution

so total cost of farming is calculated as

total cost of farming = cost of seeds + opportunity cost

so put value

total cost of farming = $130 + ( $25 × 10 )

total cost of farming = 130 + ( 250 )

total cost of farming = $380

so correct option is d. $380

4 0
3 years ago
What are two assumptions pertinent to the resource-based view of competitive advantage? Group of answer choices firms are homoge
qwelly [4]

Answer:

The two assumptions are as <em>resources must also be heterogeneous and immobile.</em>

Explanation:

The two critical assumptions of Resource Based View are <em>that resources must also be heterogeneous and immobile.</em>

Heterogeneous. <em>The first assumption is that skills, capabilities and other resources that organizations possess differ from one company to another.</em>

Immobile. <em>The second assumption of RBV is that resources are not mobile and do not move from company to company, at least in short-run.</em>

6 0
3 years ago
Superior has provided the following information for its recent year of operation:
Anika [276]

Answer:

Option (a) is correct.

Explanation:

Given that,

Beginning balance of Retained Earnings = $75,000

Net income = $26,000

Ending retained earnings = $91,000

Total Balance during the year:

= Beginning balance of Retained Earnings + Net income

= $75,000 + $26,000

= $101,000

Dividend declared:

= Total Balance during the year - Ending retained earnings

= $101,000 - $91,000

= $10,000

Therefore, the amount of dividend declared by the Superior during its recent year of operation is $10,000.

3 0
3 years ago
The market size and market growth rates in the foreign market can be influenced negatively by:______.A. population sizes, income
Nikitich [7]

Answer:

A. population sizes, income levels and cultural influences, the current state of the infrastructure and distribution and retail networks available.

Explanation:

The reason is that the foreign markets are affected by the cultural differences for example if US clothing brand enters Suadia Arabia then it can not sell its brands here because in the Suadia Arabian culture girls wear full sleeves and are not skin tight fits. This means that the culture have an influence over the foreign markets. Likewise the income level tells about how much the customer can spend on luxury items, population of customers available is also an attractive part that the investors see to move in the markets. The infrastructure of a country and the regional importance of the state are also the motivators for the foreign companies to move in to the market.

These factors are the ecosystem of the country that gives insight of the market size and market growth of a particular market.

8 0
3 years ago
Other questions:
  • A company’s accounting records reflect the following inventories. During the year, the company purchased $1,450,000 of raw mater
    13·1 answer
  • Snowdrops Co. is growing at a very fast rate. As a result, the company expects to increase its dividend to $0.50, $1.00, $1.50,
    7·1 answer
  • In building a marketing presence on F a c e b o o k, you find that you have to spend a lot of time copying content from your T w
    8·1 answer
  • Which statement best describes capitalism
    15·1 answer
  • Mployee theft of inventory from the warehouse because there are no restrictions on warehouse access and
    11·1 answer
  • Woodman Products, Inc., has found that new products follow a learning curve. The first two units have been completed with the fo
    12·1 answer
  • The Big Black Bird Company​ (BBBC) has a large order for special​ plastic-lined military uniforms to be used in an urgent milita
    11·1 answer
  • Suppose that a demand curve exhibits two points. Initially, at price P 0 , the quantity demanded is Q 0 . When price changes to
    13·1 answer
  • Explain how<br> Globalization<br>can impact a labor market.​
    14·1 answer
  • discuss how the central bank uses the open market operations as a sutible measure of credit control. Explain with respect to bot
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!