Answer:
<h2><u><em>
b. a varying amount being recorded as interest income from period to period</em></u>.</h2>
Explanation:
Use of the effective-interest method in amortizing bond premiums and discounts results in
a. a greater amount of interest income over the life of the bond issue than would result from use of the straight-line method.
<h2><u><em>
b. a varying amount being recorded as interest income from period to period.</em></u></h2>
c. a variable rate of return on the book value of the investment.
d. a smaller amount of interest income over the life of the bond issue than would result from use of the straight-line method.
Answer:
IRR= 23.375%
Explanation:
Given: Cash flow= $1,200,000
Initial investment= $2400000
Lets first compute IRR for Project, assuming rate of return at 23.375% or 0.233.
Formula:
NPV has to be equal to zero to know if IRR is correct to find if project worth enough to invest.
⇒
⇒
⇒
∴ NPV= 0
Hence, 23.375% is the IRR for the project.
Answer:
Competitive intelligence
Explanation:
Competitive intelligence is the process of gathering information about your competitive environment to enhance your business decisions.
for example:
An example of competitive intelligence is that of an investment banker or trader where by he gains information from financial statement reports, industry research papers etc.., while other banker or trader gain the same information but his ability to use that information to gain valuable insights (i.e. best investment or stock at the moment) separates him from the others.