<span>The impersonality of relationships principle states that decisions must be made this way. This principle also states that the informal and formal relationships that people have with their peers shouldn’t affect the way they make decisions. The idea of making the decision is to benefit the goal of the organization that one is making it for.</span>
Answer:
$926,000
Explanation:
For computing the initial cost of the warehouse project, we consider the current value of the land i.e represent the opportunity cost and the land value which is purchased six years ago for $874,500 represent the sunk cost which is not recoverable now. So, this sunk cost is not relevant.
And, the lease cost is also not relevant as the lease period will be ended soon.
All other information which is given is not relevant. Hence, ignored it
Answer:
It was raised $236,009.52
Explanation:
The YTM is 6.43
so we need to calculate the market price of the bond using this rate.
Market price will be equal to the cash raised from the sale.
1st annuity of 20 years semiannual payment of
275,000 x 0.0599/2 = 8236.25
PV = 183,932.289662
2nd we have to calculate the prsent value of the redeemption of the bond
PV = 79,0773.23051
Now we add both values to get the cash proceeds from the bond
79,0773.20351 + 183,932.289662 = 236,009.52
Answer:
The safeguards rule
Explanation:
The safeguards rule states that that companies must have a written document and security framework that protects there customer's information.
The safeguards rule is a part of Gramm-Leach-Bliley act also known as the Financial Services Mordenization Act of 1999. It is aimed at enhancing competition in the financial sector. One company was now allowed to be involved in different aspects of financial services: commercial banking, investment banking, securities, insurance and so on.