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ahrayia [7]
3 years ago
14

Q 10.29: The current market interest rate for $1,000, 10-year bonds of large corporations in the food industry is 6.3 percent. I

f a large corporation in the food industry wants to sell $1,000, 10-year bonds with a 4.9% annual interest rate, what type of bond should they consider issuing
Business
1 answer:
Anuta_ua [19.1K]3 years ago
8 0

Answer:

Convertible bond

Explanation:

Convertible bond refers to the bond in which the investor has an option to convert its bond into another form

By converting the bonds you get the lower interest rate as compared to before.

Therefore as per the given situation, if the one bond contains 6.3% and other contains 4.9% so this represents the convertible bond

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Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrig
zmey [24]

Answer:

Explanation:

PREPARE COST OF GOODS MANUFACTURED :

Beginning work in process 42000

Raw material consumed

Beginning raw material 38000

Add : raw material purchase 184500

Less : Ending raw material (52700)

Raw material consumed 169800

DIrect labour 42000

Factory overhead

Factory supplies used 16800

Factory utilities 10200

Depreciation factory equipment 16800

Indirect labour 48000

Property taxes 5500

Reent factory equipment 47000

Repairs factory equipment 4500

Total manufacturing overhead 148800

Total manufacturing cost 360600

Less : Ending work in process (52700)

Cost of goods manufactured

INCOME STATEMENT :

Sales revenue 1350000

Cost of goods sold

Beginning finished goods inventory 72550

Cost of goods manufactured 349900

goods available for sale 422450

Less : endin finished goods inventory (68800)

Cost of goods olsld (353650)

Gross profit 996350

Less : advertising expenses (54000)

Less : selling commission (40500)

Less : dep on office equipment (2400)

Less : office suppplies used (1600)

Less : other administrative exp (72000)

Less : Salaries exp (325000) (495500)

Net income 500850

BALANCE SHEET CURRENT SECTION :

ASSETS

Current assets

Cash 260000

Account receivable 275000

Prepaid exp 41250

Inventory

Raw material 52700

Work in process 52700

Finished goods 68800 174200

Total current assets 750450

8 0
3 years ago
Important things I need to know about credit cards and how they work. (Growing up in life and want to make sure I know everythin
Fynjy0 [20]
You get kind of a credit every time you buy something from the card issuer. that means you borrow money for the purchase you make from the card issuer with the promise to pay them at the end of the month (or whenever your contract tells you to). it's easy to switch credit cards and there are a lot of free contracts out there. better give your credit card number to someone you don't trust than your bank account number. cause in case of a fraud you can just change credit card. changing the bank account is a lot harder than changing credit card (plus the card issuer has the problem of not getting their money. not you)
7 0
3 years ago
"Some​ companies, such as​ Heinz, can forecast revenues well using pure time series analysis​ (that is, by extrapolation of prio
qwelly [4]

Answer:

Heinz sells ketchup and other sauces and condiments. Their demand is relatively stable and doesn't change that much year after year. The demand for their products is not that seriously affected by economic recessions or expansions.

On the other hand, Sony is a consumer electronics company and the demand for their products can vary drastically from one year to another. It depends on trends and innovations, and their total sales are affected by disposable income (expansions increase disposable income while recessions decrease it).

FedEx is also affected severely by economic recessions or expansions. Since FedEx ships and transports goods, when the economy is booming, FedEx is doing excellent. But if the economy starts to cool down or enters a recession, the amount of goods transported falls.

4 0
3 years ago
Jerome's Italian Pizza is in a very competitive industry, and its upper management believes that it can achieve higher profits b
Troyanec [42]

Answer:

That statement is true

Explanation:

Strategic goal is the type of goal that is carefully designed to accomplish a business strategy, This type of goals need to express the desired outcome that wanted be achieved and listed a specific set of actions that can make the company achieve that outcome. Strategic goal commonly created when a company want a more concrete way to measure its success compared to other competitors.

This can be seen in Jerome's italian pizza.

"Increase profits by 15% a year for each of the next five years" is  what considered to be the desired outcome.

lowering costs and prices, providing quicker delivery, and providing good customer service are the Sets of action that the company intended to take.

3 0
3 years ago
A safety professional is "an individual who, by virtue of his specialized knowledge and skill and/or educational accomplishments
Butoxors [25]

Answer:

The correct answer is number (1 ): True.

Explanation:

Safety professionals are those who because of expertise or certification can be in charge of ensuring safety and setting guidelines in an organization. In the U.S., the Board of Certified Safety Professionals (BCSP) offers certification for all those individuals interested in this field to those individuals with at least four (4) years of experience in preventive safety.

The BCSP offers certifications as Associate Safety Professional or Certified Industrial Hygienist just to mention a couple.

5 0
2 years ago
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