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2 years ago

Payment by check is an important internal control over cash payments because

1 answer:

8 0

Payment by check is preferred over payment by cash because first it eliminates the interaction of people that will lead to some unwanted doings such as corruption. payment by check is also safer because you can just cash the money later and deposit right after

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A firm's bonds have a maturity of 10 years with a $1,000 face value, a 9 percent semiannual coupon, are callable in 5 years at $

Sladkaya [172]

Answer:

Yield to maturity is 3.94%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Face value = F = $1,000

Coupon payment = $1,000 x 9% = $90/2 = $45 semiannually

Selling price = P = $1080

Number of payment = n = 10 years x 2 = 20

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = [ $45 + ( 1000 - 1080 ) / 20 ] / [ (1,000 + 1080 ) / 2 ]

Yield to maturity = [ $45 - 4 ] / 1040 = $41 /1040 = 0.394 = 3.94%

4 0

3 years ago

If the marginal propensity to consume in a municipality is 0.8, what is the value of the simple multiplier? If a new stadium tha

Pachacha [2.7K]

Answer:

(a) 5

(b) $150 million

Explanation:

(a) Multiplier = 1 ÷ (1 - MPC )

= 1 ÷ (1 - 0.8 )

= 1 ÷ 0.2

= 5 ⇒ the value of the simple multiplier is 5.

b) If the autonomous expenditure is increased by $30 million then the total output will increase by:

= $30 million × 5

= $150 million

c) If the Marginal propensity to import is 0.3 then the import will increase by:

= 150 × 0.3

= 45 million

6 0

3 years ago

What costs more to be USED, coal or solar power/panels?

LuckyWell [14K]

Solar power panels.

7 0

3 years ago

Jan wants to plan for her daughter’s education. Her daughter, Rachel was born today and will go to college at age 18 for five ye

melisa1 [442]

Answer:

Explanation:

ur multiplication is involved

8 0

2 years ago

When job demands are so great that the worker feels an inability to cope, this is known as role

Lena [83]

When job demands are so great that the worker feels the inability to cope, this is known as Role Overload

<h3>What is Role Overload?</h3>

Generally, The sense that one's personal resources are being stretched too thin in order to meet the requirements of their job function is one kind of particular stressor known as "role overload" (Eatough et al., 2011).

As a consequence of this, role overload has the potential to result in resource depletion, which is a situation that may be comprehended via the lens of COR.