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stiks02 [169]
3 years ago
6

Why would you like to work for books-a-million,inc. (books a million, bookland, books and co.)?

Business
2 answers:
damaskus [11]3 years ago
8 0
Because I love to read and it would be a great learning experience and it would open a doorway to meet new people and discuss our favorite literature.
ahrayia [7]3 years ago
3 0

because i love books and they really help understand life more

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You find a zero coupon bond with a par value of $10,000 and 21 years to maturity. The yield to maturity on this bond is 4.3 perc
alexgriva [62]

Answer:

Price of bond $4,092.49

Explanation:

Computation the price of the bond

Using this formula

Price of bond=Par value*1/(1+YTM/2)^(2*time period)

Where,

Par value=$10,000

1/(1+YTM/2)=1/(1+0.043/2)

(2*time period)=(2*21 years)

Let plug in the formula

Price of bond=$10,000*1/(1+0.043/2)^(2*21)

Price of bond=$10,000*1/(1.0215)^42

Price of bond=$10,000*(0.97895252)^42

Price of bond=$10,000*0.4092497467

Price of bond=$4,092.49

Therefore the price of the bond will be $4,092.49

8 0
3 years ago
John Company has cost of goods sold of $100,000. Beginning inventory is $1,500 and ending inventory is $2,000. Calculate John Co
DochEvi [55]

Answer:

57.14

Explanation:

Inventory Turnover is a ratio to show how many times a company has used, sold and replaced inventory (stock) over a given period of time.

It is calculated as follows:

Cost of Goods Sold / Average Inventory

To calculate that, we need find out average inventory, which is:

(Inventory at beginning + inventory at end) / 2

That is: ($1500 + $2000) / 2 = $1750.

Thus, inventory turnover is:

$100,000 / $1750 = 57.14 (approx. 2 decimal places)

4 0
3 years ago
Data from Estrin Corporation's most recent balance sheet and income statement appear below: This Year Last Year Accounts receiva
jekas [21]

Answer:

d. 108 days

Explanation:

Average Inventory = (Beginning balance + Ending balance) / 2

Average Inventory = ($139,000 + $158,000) / 2

Average Inventory = $297,000 / 2

Average Inventory = $148,500

Inventory Turnover ratio = Cost of goods sold / Average Inventory

Inventory Turnover ratio =  $501,000 / $148,500

Inventory Turnover ratio = 3.37 times

Average days to sell inventory = Days in a year / Inventory Turnover ratio

Average days to sell inventory = 365 days / 3.37 times

Average days to sell inventory = 108.31 days

8 0
3 years ago
Lakeside has gathered the following data in order to calculate the weighted-average breakeven point: Unit Sales Price Unit Varia
Evgen [1.6K]

Answer:

The correct answer is option (d).

Explanation:

According to the scenario, the given data are as follows:

Product A sales price = $150

Product A Variable price = $100

Sales percentage of product A = 0.80

So, Weighted average = ( Product A sales price - Product A Variable price) × Sales percentage of product A

= ( $150 - $100) × 0.80

= 40

Similarly, Product B sales price = $100

Product B Variable price = $60

Sales percentage of product B = 0.20

So, Weighted average = ( Product B sales price - Product B Variable price) × Sales percentage of product B

= ( $100 - $60) × 0.20

= 8

Total weighted average = 40 + 8 = 48

Hence, the weighted average breakeven point can be calculated by using following formula:

Weighted-average breakeven point = Fixed Cost ÷ Total weighted average

= $480,000 ÷ 48

= 10,000 units

7 0
3 years ago
Corporations and universities are willing to pay employees to take care of themselves because a healthier workforce
Xelga [282]

Answer:

The correct answer is option E.

Explanation:

In present time we see that corporations and firms are willing to pay their employees to take care of themselves. This practice is beneficial for both employer and employees.  

Employees spend payment on taking care of themselves and thus improve their health. Healthier employees work more efficiently and this contributes to improving productivity.  

Efficient work and increased productivity help in lowering the cost of production.

7 0
3 years ago
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