The amount of cash received from the sale is calculated to be $336,300.
The amount of cash received from the sale of bonds can be calculated by using the following formula;
Cash received = Face value of bond × Bond quote
Since $354,000 of 10% bonds are issued at 95 in this case, therefore we substitute the values in the equation to determine the amount of cash received from the sale as follows;
Cash received = $354,000 × (95 / 100)
Cash received = $354,000 × 0.95
Cash received = $336,300
Therefore $336,300 cash is received from the sale if $354,000 of 10% bonds are issued at 95
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Answer:
A
Explanation:
In the accounting process extracting a trial balance is the final step.
Based on the time it takes Leo when he uses two machines, the length of time it will take if the large copier is broken is <u>75 minutes. </u>
<h3>How long will it take if the large copier is broken?</h3><h3 />
This can be found by the formula:
= 1 / ( (1 / time taken with both copiers) - (1 / time taken with large copier) )
Solving gives:
= 1 / ( ( 1 / 30) - (1 / 50))
= 1 / (1 / 75)
= 75 minutes
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Answer: Marketing strategy development
Explanation:
Marketing strategy development is essential to develop a brand. Strong marketing strategies are vital for industry dominance. A marketing strategy is more than just advertising the product. A connection, display of need of the good and its value is essential to get the right audience.
Marketing strategies provides small business with direction essential for effective promotion.
Marketing strategies is different for businesses, the main thing is tailoring it to what the company needs. Marketing strategy should involve a set of clear goals, and consumer research.
