Answer: $3,000
Explanation:
On June 30, 2021, Rupar would have held the bond for 6 months. The coupon rate is an annual figure and so must be translated to a semi annual figure.
To do that simy divide by 2.
= 6% /2
= 3%.
The bond is paid interest on at face value as well.
Therefore the interest on June 30 is,
= 100,000 * 3%
= $3,000
You would count buying a new house as an investment.
Supposedly, overtime, the price of the house, if well-maintained and kept-up-to-date, the price would increase, leading to higher-values, and a bigger GDP when used in the market.
hope this helps
If the price of a good produced by a competitive firm increases, then the total revenue of the firm will decrease with the decrease in the quantity sold.
<h3>What is the effect of increase the price under the competitive firm?</h3>
The perfect competitive firm is defined as the competitive firm, means there are many firms present in the industry that sell same commodity at same price.
If any firm increases the prices of their product in the market, its revenue also decreases as the another firms sell the same product at the same price. As a result of that, the total revenue of the firm will increase.
Therefore, the If the price of a good produced by a competitive firm rises, the total revenue of the firm will fall as the quantity sold decreases.
Learn more about the competitive firm, refer to:
brainly.com/question/17241373
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Answer:
d) The bank does not need to pay because of the fictitious payee rule.
Explanation:
Here, the instrument is issued to a payee who has no interest in instrument and thus it is referred as fictitious payee. According to UCC's fictitious payee rule, the indorsement to fictitious payee is not considered forgery. In this case, the maker or drawer of instrument is liable for it. The drawer bank and collecting bank both are not liable for it.
Answer:
$40
Explanation:
Profit made is the difference between revenue earned and cost incurred by an entity.
Marginal profit is thus a difference between the additional sales during the added time and the additional cost incurred.
As such, for the local restaurant;
Profit earned during the last hour given that for each additional hour is $404 and the additional revenue (the marginal revenue) during the last hour is $444
= $444 - $404
= $40