Answer:
= $865.79
Explanation:
<em>The value of the bond is the present value (PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).</em>
Value of Bond = PV of interest + PV of RV
The value of bond of Morin Company can be worked out as follows:
Step 1
PV of interest payment
PV = A × (1-(1+r)^(-n))/r
r- 8%, n- 10, A- interest payment = 60
PV of interest
= 60× (1- (1+0.08)^(-10)/0.08
= 402.60
Step 2
<em>PV of Redemption Value</em>
PV = RV × (1+r)^(-n)
= 1,000 × (1.08)^(-10)
= $463.193
Step 3
<em>Price of bond</em>
= $536.80 + 463.19
= $865.79
Answer:
Having increased profit
Explanation:
When there exists competition in a market, owners and companies are forced to lower their prices to make their product or service competitive. The opportunity that Tina has now, enables her to sell the wooden decorative items at a prize that not only cover her costs of production, but also with higher profit. However, Tina must be very wise as to how to use that profit. She may not have competitors now, but in the future she might have. Granted, she can look at ways in which she can use that profit to invest in technology or computer systems that could make the production costs lower, which in turn enable her to reduce the prize of her products in the future.
Answer:
There is no specific type of contract to define this agreement, as it was a verbal acceptance. And yes, there is a difference in the use of cellphone and voicemail as there would be a time difference. Please give brainliest.
Answer:
socially responsible: lego
socially irresponsible: volkswagen
mine: a big person in charge.
Explanation:
When talking about socially responsible companies you can mention lego, since they keep gaining loyalty through their efforts to reduce their carbon emissions and help those in need. You have also google and apple as good examples.
A scandal with a socially irresponsible company is what happened to volskwagen, according to forbes magazine, they made huge profits compared to their competitors by poisoning the planet.
In any case, if you have a small or big company, you need a socially responsible ASSET, a person who you can trust to be sure that you are being socially responsible in every part of your business.
Good luck.
Answer:
0.28 %
Explanation:
Property A:
Percentage change in prices= (New price – old price)/Old price
= (375000 – 350000)/350000
=.0714= 7.14%
Monthly percentage= 7.14/24= .2975%
Property B:
Percentage change in prices= (New price – old price)/Old price
= (340000 – 325000)/325000
= .0461= 4.61%
Monthly percentage= 4.61/18= .256%
As they have equal weightage= (.256 + .2975)/ 2
= .2767= .28%
