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Ad libitum [116K]
4 years ago
7

Stella earns $750 per week working as an analyst for A-Plus Accountants. She uses $40 to get her car detailed at Spotless Car Wa

sh. Spotless Car Wash pays Nathan $400 per week to detail cars. Nathan uses $50 to purchase tax services from A- Plus Accountants.Which of the events in this scenario occur in product markets? Check all that apply.1. Nathan earns $400 pw working.2. Nathan spends $50 to purchase tax services3. Stella earns $750 pw working4. Stella spends $40 to get her car washed.
Business
1 answer:
pshichka [43]4 years ago
5 0

Answer:

2. Nathan spends $50 to purchase tax services

4. Stella spends $40 to get her car washed.

Explanation:

product market is the marketplace in which final goods or services are offered for purchase by businesses and the public sector. Focusing on the sale of finished goods, it does not include trading in raw or other intermediate materials.

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The Sunny Hills school district always has a flood of applicants because of the continuous learning opportunities they provide a
Tatiana [17]
D. Training experience you can gain
7 0
3 years ago
Sure Tea Co. has issued 6.3% annual coupon bonds that are now selling at a yield to maturity of 9.20% and current yield of 8.777
alina1380 [7]

Answer:

Ans. 26 years is the remaining maturity of this bond.

Explanation:

Hi, we have to find the price of the bond, so we use the following formula.

CurrentYield=\frac{Coupon}{Price}

This means that:

Price=\frac{Coupon}{CurrentYield} =\frac{63}{0.08777} =717.79

Let´s not forget that the Coupon is calculated by the following formula.

Coupon=FaceValue*CouponRate=1,000*0.063

Now that we found that the price of the bond is $717.79, we have to bring to present value the remaining coupons and the principal that is paid at the end, so we have to solve for "n" the following equation, discounted at the yield to maturity.

Price=\frac{Coupon((1+YTM)^{n}-1) }{YTM(1+YTM)^{n} } +\frac{FaceValue}{(1+YTM)^{n} }

Let´s fill up what we can

717,79 =\frac{63((1+0.092)^{n}-1) }{0.092(1+0.092)^{n} } +\frac{1,000}{(1+0.092)^{n} }

But to solve for "n" is pretty painful, so we can use a financial calcultator o MS Excel. Please find the MS Excel sheet that I used with the "Seek Goal" formula instruccions as follow.

Set Cell: $C$19

To Value: 717,79

By Changing cell: $C$14

So the answer is 26

Best of luck.

Download xlsx
4 0
4 years ago
Martinez Company sells goods to Danone Inc. by accepting a note receivable on January 2, 2020. The goods have a sales price of $
Artemon [7]

Answer:

Martinez Company

a) Journal Entries

Jan. 2, 2020:

Debit Accounts Receivable (Danone Inc.) $630,000

Credit Cash Discounts $9,100

Credit Sales Revenue $639,100

To record the sale of goods on account,  with trade terms, 5 days $9,100, net 30.

Debit Cost of goods sold $480,000

Credit Inventory $480,000

To record the cost of goods sold.

Jan. 28, 2020:

Debit Cash $639,100

Credit Accounts Receivable (Danone Inc.) $630,000

Credit Cash Discounts $9,100

To record the full receipt of cash on account and the revision of the cash discounts not taken.

Explanation:

a) Data and Analysis:

Jan. 2, 2020:

Accounts Receivable $630,000 Cash Discounts $9,100 Sales Revenue $639,100, terms, 5 days $9,100, net 30.

Cost of goods sold $480,000 Inventory $480,000

Jan. 28, 2020:

Cash $639,100 Accounts Receivable $630,000 Cash Discounts $9,100

7 0
3 years ago
If the demand for a monopoly's output shifts rightward, the change in quantity produced is
ehidna [41]

Answer:

The correct answer is option D.

Explanation:

A monopoly market consists of the only a single firm which produces goods with no close substitutes. Such a firm is a price maker and faces a downward-sloping demand curve.  

There is no supply curve as the behavior of producers cannot be predicted. A producer can charge any price but it is able to maximize profits at the point where the price is equal to marginal cost.  

Thus the change in quantity due to an increase in the demand for monopoly products cannot be predicted.

8 0
3 years ago
When determining if an email is valid or not, you should…?
Murrr4er [49]

There are a lot of ways that you can do to determine if an email address is a valid one or a fake one. You can either send a message to the email address, search it on the internet, or check it on some email verification websites. However, one of the best ways that you can do is that you should check the location of the email address. By doing this method, you will be able to determine where it came from which will prove that it is a valid email address.

4 0
3 years ago
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