<span>If
bond interest expense is $800,000, bond interest payable increased by
$8,000 and bond discount decreased by $2,000, how much cash was paid for
bond interest? = </span>$806,000
Answer:
$4.50
Explanation:
In order to make a profit from the futures contracts, it would be appropriate to take a long position in the June futures contract(buy) and take a short position in the December futures contract.
The investor would borrow $60 today which would necessitate paying back $60 plus a half-year in interest payment.
loan repayment=$60*(1+5%/2)=$ 61.50
In December, sell crude oil at $66 and repay the loan principal and interest
profit=$66-$61.50=$4.50
Answer:
A common rule of thumb for budgeting for charitable donations uses the concept of the 50/30/20 split for your budget. The other portion is for your wants: About 30 percent of your budget goes into this category, which might include vacations, gifts, or date nights.
Answer:
B.
Penetration pricing
Explanation:
Penetration pricing is a strategy that is used by new companies in a market to capture market share from more established competitors. The process is for the new company to charge a lesser price than the amount that the other companies are charging which will bring people to the new firm for patronage.
It will thus capture market share and due to the high demand, be able to make profits due to Economies of Scale.
By charging less than its competitors, the new bar's owner is most likely pursuing a Penetration Strategy.
<span>To calculate for the amount that the Ortega company should sell their computer hard drives, we have to sum up or add up the market price and the profit they want. The total is equivalent to $72. Although selling at this price will guarantee them the desirable profit per piece, it is to be noted that the market is in tight competition so they may opt to lower down the price. </span>
