Answer:
The correct option is B, should be 2,885
Explanation:
The coupon interest payable semi-annually is $100,000*6%*6/12=$3000
Using the discount factor formula =1/(1+r)^n where the r is the prevailing interest of 8%/2 since interest is payable in six-month interval
1/(1+4%)=0.961538462
Hence the present value of the first coupon is=0.961538462
*3000=$2885
Hence the correct option is B, the present value of the first payment of coupon should be $2,885.
Hence the inexperienced computation of $3883 is wrong
Answer:
Distinguishing between employees and independent contractors is important because:
employers can defend their noncompliance with employment laws by proving that persons performing work are independent contractors.
Explanation:
Legally, an employer-employee relationship is governed by a contract of service. This is an agreement between an employer and an employee. The employee does not perform specific tasks or projects, but any tasks assigned to her by the employer from time to time, and she must present at all times to perform the assignment. On the other hand, the legal relationship between an entity and a self-employed person or an independent contractor is governed by a contract for service. In a contract for service, the independent contractor engages with the entity to carry out an assigned project for a fee.
Answer:
25%
Explanation:
Given: Sales= $10,000,000
Cost of goods sold= $5000000.
Pre-tax earning= $500000.
Merchandise inventory= $80000.
Total assets= $2000000.
Now, computing the value of return on assets.
Formula;
⇒
⇒
∴ Return on assets=
Hence, Flinger´s return on assets is 25%
D always cost effective for government owned firms to produce the product
Answer:
If the company has no preferred stock the formula for finding the earning per share of a company is to divide net income by the average common shares outstanding. Because by doing this we can find out how much the company earned per share.
EPS= Net income/ Average common shares outstanding.
EPS= 32,830/9800= 3.35
The answer is $3.35 is the earnings per share Mayan Company.
Explanation: