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3 years ago

How can collage benefit me financially and personally

1 answer:

6 0

College or other advanced education will help you increase your lifetime earning potential by opening up the possibility of higher paying jobs.

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Stech Co. is issuing $9 million 12% bonds in a private placement on July 1, 2017. Each $1,000 bond pays interest semi-annually o

STALIN [3.7K]

Answer:

Expected selling price =$ 1,271.81

Explanation:

The price of a bond is the present value (PV) of the future cash inflows expected from the bond discounted using the yield to maturity.

These cash flows include interest payment and redemption value

The price of the bond can be calculated as follows:

Step 1

PV of interest payment

coupon rate - 12%, yield - 8%, years to maturity- 10 years

Semi-annual coupon rate = 12%/2 = 6%

Semi-annual Interest payment =( 6%×$1000)= $60

Semi annual yield = 8%/2 = 4%

PV of interest payment

= A ×(1- (1+r)^(-n))/r

A- interest payment, r- yield - 4%, n- no of periods- 2 × 10 = 20periods

= 60× (1-(1.04)^(-10×2))/0.04)

= 60× 13.59032634

=$815.41

Step 2

PV of redemption value (RV)

PV = RV × (1+r)^(-n)

RV - redemption value- $1000, n- 2×10 r- 4%

= 1,000 × (1+0.04)^(-2×10)

= $456.38

Step 3

Price of bond = PV of interest payment + PV of RV

= $815.41 + $456.38

= $ 1,271.81

Expected selling price =$ 1,271.81

5 0

3 years ago

Marcos wants to buy Lucia's land, but she refuses to sell. Marcos begins using subpoenas, court orders, and other formal legal p

Xelga [282]

Full question:

Marcos wants to buy Lucia’s land, but she refuses to sell. Marcos begins using subpoenas, court orders, and other formal legal procedures in an unrelenting effort to force Lucia to sell. This is

abuse of process.

not a tort.

appropriation.

wrongful interference with a contractual relationship.

Answer:

This is abuse of process

Explanation:

Abuse of process assigns to the inappropriate handling of a civil or criminal justice system for an unintended, wicked, or malicious reason. It is the hateful and intentional abuse of frequently published civil or criminal court means that is not supported by the underlying legal action.

Abuse of process covers prosecution claims in defective faith that is expected to hold the commitment of justice. Abuse of process is a deliberate tort. Abuse of process comprises the complete range of modes conflict to the prosecution process such as hearing proceedings, the noticing of allegations and the issuing of subpoenas.

4 0

2 years ago

The financial statements of New World, Inc., provide the following information for the current year: Dec.31 Jan.1Accounts receiv

pashok25 [27]

Answer:

A $3066000

Explanation:

The formula for cash received from customers is: opening receivables+net sales-closing receivables.

The rationale behind the formula is that opening receivables would have turned cash by year end since current asset last one year maximum.

=$241500+$3097500-$273000

=$3066000

3 0

3 years ago

Silmon Corporation makes a product with the following standard costs:

kolbaska11 [484]

Answer:

Material quantity variance =$74, 280 unfavorable

Explanation:

The material quantity variance occurs when the actual quantity of material used to achieve a given level of output is more or less than the standard quantity expected.

For Silmon Corporation, it can be computed as follows:

Quantity variance is

Gram

5,300 units should have used ( 5300× 5.1 ) 27,030

but did used 39,410

Variance in quantity 12,380 Unfavorable

Price per unit × $6

Material quantity variance $ 74,280. Unfavorable

Material quantity variance =$74, 280 unfavorable

5 0

3 years ago

How is product placement different from a commercial?

jok3333 [9.3K]

A product placement is part of an existing story. Unlike an advert you aren’t watching a product placement for the product but for the story it is found in.

5 0

1 year ago