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alekssr [168]
3 years ago
5

Refer to the amortization tables in your slides. If the beginning balance of the bond (issued at a discount) is $885.30, the cas

h payment is $50 (coupon rate is 5%, face value of bond is $1,000), and the annual market interest rate for the period is 6%, what is the amount of amortization and the ending balance of the bond
Business
1 answer:
slega [8]3 years ago
6 0

Answer:

The correct answer is $3.12 and $888.42.

Explanation:

According to the scenario, the given data are as follows:

Beginning balance = $885.30

cash payment = $50

Face value of bond = $1,000

Interest rate = 6%

We can calculate the amortization amount by using following formula:

Amortization amount = Interest expense - cash payment

Where,  Interest expense = Beginning balance × interest rate

= 885.30 x 6%

= $53.12

By putting the value, we get

Amortization amount = 53.12 - 50

= $3.12

And,  Ending balance of bond = Beginning balance of bond + Amortization amount

= 855.30 + 3.12

= $888.42

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Answer:

The answer is A. non-operating expense

Explanation:

As he operates a retail shop, such advertising is vital to attract customers to the shops and to make potential sales. We can't treat this expenses as administration or production expenses.

We consider this as non operational because advertising is not an operational part of the operations of a retail business. Moreover, we can't consider it as selling expenses because they are mostly incurred during the sales process.

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3 years ago
Scientists assign each kind of organism a universally accepted name in the system known as:.
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Answer:

Binomial nomenclature.

Explanation:

What is Binomial nomenclature?

a system for giving each organism a two-word latin name that consists of the genus name followed by the specifies name taxonomy.

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2 years ago
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When the demand curve for a good is unit elastic, raising the price of the good by 25 percent will change the revenue of the fir
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Answer: 0%

Explanation:

Elasticity measures the change in demand resulting from a change in price. The law of demand holds that when prices increase, quantity demand would decrease and elasticity is meant to show the magnitude of this change.

A unit elastic good means that prices and quantity demanded change by the same amount. This means that for a unit elastic good, if the price change is a 5% increase, the quantity demanded will decrease by 5%.

In terms of revenue, if the price increases by the same amount that quantity demanded decreases, the effects will cancel out so there will be no revenue effect.

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3 years ago
A man, who looked about 45 years old, gave a cashier at a grocery store the Special Supplemental Nutrition Program for Women, In
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Answer:

He has a teenage daughter that was pregnant or with a little child.

Explanation:

The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) vouchers are vouchers provided by the federal government to states to ensure that low income pregnant teenager or women, infants and children have access to supplemental food, healthcare, etc. This is in a bid to ensure that every pregnant woman, their children or infants are well taken care of and have access to better health system among other things.

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Cheers.

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Macroeconomic equilibrium is a situation within the economy in which the amount of combination called for equals the quantity of aggregate supply. If there are changes in both aggregate call for or mixture deliver, you can additionally see a trade-in rate, unemployment, and inflation.

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Learn more about macroeconomic equilibrium here: brainly.com/question/1971734

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