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tekilochka [14]
3 years ago
6

Roger is currently in the hospital, having been diagnosed with terminal cancer. Roger would like Kim, a close friend, to make an

y health decisions for him in the future if he is ever incapable of making such decisions for himself. Roger would be wise to enact______________.
Business
1 answer:
Kisachek [45]3 years ago
5 0

Answer:

The correct answer is letter "E": a durable power of attorney.

Explanation:

A power of attorney is a document stating another party is legally right to act on an individual's behalf. As soon as the individual is capable to handle business, the power of attorney loses validity.  

A durable power of attorney, instead, is used when the individual delegating power to another party has knowledge of being impaired soon and possibly is not going to recover. Thus, the durable power of attorney will be valid since the individual cannot handle business until the moment of his or her decease. During that time, the selected party is right to make health and finance decisions on behalf of the individual.

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You are considering a 10-year, $1,000 par value bond. Its coupon rate is 8%, and interest is paid semiannually. If you require a
Schach [20]

Answer:

$1,061.28

Explanation:

We need to calculate the present value of the bond using the minimum effective rate of 7.1225%

First we calcualte the present value of an annuity of $80 for 10 years

C * \frac{1-(1+r)^{-time} }{rate} = PV\\

80 * \frac{1-(1+7.1225%)^{-10} }{7.1225%} = PV\\

PV = $558.72

Then we calculate the $1,000 in 10 years present value

\frac{Principal}{(1 + rate)^{time}}= PV

\frac{1,000}{(1 + 7.1225%)^{10} } = PV

PV =  $502.57

Then we add both values

$502.57 + $558.72 = $1,061.28

This will be the present value AKA market price which yields the minimun rate of 7.1225%

7 0
3 years ago
Information collected from online databases is an example of ________ data. A) observationalB) experimentalC) primaryD) secondar
ikadub [295]

Answer:

The correct answer is letter "D": secondary.

Explanation:

Secondary data is the information gathered by other individuals or organizations and is used as a reference in studies or researches. This type of data is typically easy and cheap to obtain because does not imply establishing a team to collect the information needed and can be found in accessible places such as libraries or even on the internet.

8 0
4 years ago
What is the purpose of professional communication?
weqwewe [10]

Answer:

By mastering professional communication, the potential for misunderstandings occurring can be minimised. When you work in a team, you need to be able to regularly communicate with others. You need to listen to other people's ideas, whilst being able to clearly and effectively communicate your own.

Purposes:

The five purposes for communication are to inform, imagine, influence, meet social expectations and express feelings.

6 0
3 years ago
Read 2 more answers
On January 1, 2021, for $17.9 million, Seashells Company issued 8% bonds, dated January 1, 2021, with a face amount of $19.9 mil
bearhunter [10]

Answer:

Cash A/c Dr.                   $796,000

Discount A/c Dr.            $99,000

To,  Interest Revenue         895,000

Explanation:

According to the scenario, computation of the given data are as follows,

Face value = $19.9 million

Issued bond rate = 8% annually or 4% semi annual

So, Cash = $19,900,000 × 4%

= $796,000

Issued bonds value = $17.9 million

Market yield = 10% annual or 5% semi annual

So, Interest revenue = $17,900,000 × 5%

= $895,000

So, Journal entries are as follows,

Jun.30,2021 Cash A/c Dr.                   $796,000

                       Discount A/c Dr.            $99,000

                          To,  Interest Revenue         895,000

                   (Being interest revenue on June30 is recorded)

5 0
3 years ago
A goal taking which of these lengths of time to achieve is most likely to be a long-term goal? A. 10 minutes B. 10 hours C. 10 y
Dmitry_Shevchenko [17]

Answer: C. 10 years

Explanation: A long-term goal will take many years. An example is saving up enough money to buy a house. This will take many years to achieve the goal.

6 0
4 years ago
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