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sattari [20]
3 years ago
6

Cindy earned a 10 percent increase in her salary and received the entire increase at the beginning of the year, with the stipula

tion that she would not leave the company in that year. Five months later, she quit her job and went to work for a competitor. She had to return the 10 percent payment she had received because she had violated a rule for ________.
Business
1 answer:
sammy [17]3 years ago
7 0

Answer:

Lump-sum salary increase.

Explanation:

A lump-sum salary increase is an amount paid instead of increase in salary. It is not added to the fixed base salary, it is instead given in the form of a single cash payment, as it is the case with Cindy here. This is why it is also known as lump sum bonus, because it is given as a single payment, as it was in Cindy’s case, all given at the beginning of the year.

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You own a bond that pays $64 in interest annually. The face value is $1,000 and the current market price is $1,062.50. The bond
drek231 [11]

Answer:

the yield to maturity of this bond is 5.7%

Explanation:

given data

pays interest annually C =  $64

face value F = $1,000

current market price P = $1,062.50

bond matures n = 30 years

solution

we get here yield to maturity that is express as

yield to maturity =

yield to maturity = [C+ (F-P) ÷ n] ÷ [(F+P) ÷ 2   ]     .................1

put here value and we get

yield to maturity = \frac{64+(1000-1062.50)}{11}  ÷ \frac{(1,000+1,062.50)}{2}

yield to maturity = 0.057

so that the yield to maturity of this bond is 5.7%

6 0
2 years ago
Which activities are often required of someone who is in the performing arts?
Delicious77 [7]
<span>Which activities are often required of someone who is in the performing arts?

Answer:</span><span> Choreography is the art of making dances, and the </span>person<span> who practices this art is called a choreographer. (Music and Dance)</span>
3 0
3 years ago
Need help asap with this one
GuDViN [60]

Answer:

A?

Explanation:

3 0
3 years ago
When correcting errors in a trial balance, the ruling method should be used a.when a proper entry has been made but posted to th
miv72 [106K]

Answer:

d.when an incorrect journal entry has been made, but not yet posted and when a proper entry has been made but posted to the wrong account or for the wrong amount

Explanation:

When correcting errors in a trial balance, the ruling method should be used "when an incorrect journal entry has been made, but not yet posted and when a proper entry has been made but posted to the wrong account or for the wrong amount."

In trial balancing, an error can be fixed or corrected by tracing the trial balance steps. First, make a comparison between the ledger balances and the amount posted to the trial balance then add both debit and credit table if the amount matches, otherwise use the transposition method.

3 0
3 years ago
Complete the statements and then calculate the change in consumption.
AnnZ [28]

Answer:

A. Disposable income

B. Marginal Propensity to Consume

C. Change in Disposable Income by the Marginal Propensity to Consume.

Explanation:

The consumption will increase by $800

Explanation:

The consumption function shows the relationship between consumption spending and disposable income.

The slope of the consumption function is the marginal propensity to consume.

Changes in consumption can be predicted by multiplying the change in disposable income by the marginal propensity to consume.

GIVEN that: MPC = 0.60

Disposable income increases by $1,500

consumption increase = 0.60*$1500

= $900

Therefore, The consumption will increase by $900.

5 0
2 years ago
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