The bond value computed shows that the percentage change in the price of Bill's bond is -10.20%.
<h3>How to calculate the percentage</h3>
From the information given, the following can be deduced:
Nper = 10
PMT(semi annual payment) = 1000 × 12.4% × 0.5 = 62
FV (face value) = 1000
Rate = (12.4 + 3)/2 = 7.7%
New bond value = PV(7.7%, 10.62, 1000) = $897.97
Therefore, the percentage change will be:
= (897.97 - 1000)/1000
= -10.20%.
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Lyon need a different job I think. Cause that what’s 20thousa d less then what my mothers in law makes?
The correct option is ALL OF THE ABOVE.
The start up cost of a business refers to those costs that are incurred before the business start operation. Such costs include: rent, legal fees, insurance, start up equipment, etc,
Answer:
Ending RE 153,000
Explanation:
Retained Earning will be calcualte as follows:
We need to solve for the net incoem in order to solve for ending Retained Rearnings (RE)
Net Income: Revenues - Expenses
Service Revenue 280,000
Salaries Expense (62,000)
Depreciation Expense (5,900)
Supplies Expense (14,000)
Insurance Expense (14,600)
Utilities Expense <u> (20,000) </u>
Net Income 163,500
Retained Earnings 11,500
Net Income 163,500
Dividends (22,000)
Ending RE 153,000
Answer: Public tort
Explanation: In simple words, public tort refers to the minor breach of contract by an individual. It is considered as a civil offense but still the acts under this act carries a criminal punishment.
In the given case, Hal did not make the elevator inspected in the seventh story for two years, however all other were inspected as per the rules. Thus, we can conclude that he breached the rule on a small level.
Hence from the above we can conclude that his offense would be classified as public tort.
