Answer: $8
Explanation:
Given that,
Book value of a bond = $100
Market value of the bond (principal + interest payable) = $120
Discount rate when bond was issued = 10%
Discount rate prevailing at the beginning of the year = 8%
Therefore, Discount amount = 0.08 × $120
= $9.6
Payments to bondholders = $7
The bond was bought back(Repurchase price) for $95 at the end of the year
Net worth at the end of 1 year = Market value - Discount amount - Payments to bondholders
= $ 120 - 9.6 - 7
= $103.4
Net gain / loss = Net worth at the end of 1 year - Repurchase price
= $103.4 - $95
= $8.4
= $8 (approx)
Q:Takes a firm stand on the program of the administration and publicized its views
A: Loyal Opposition
In United States, the oranges are available round the year because the grocery stores sell oranges that are grown in locations with similar climates but different growing seasons.
<u>Explanation</u>:
Orange is a seasonal fruit. The growth of orange can be witnessed from November to April in the United States of America. The supply of orange will reach its peak during January-March.
Oranges are good source of vitamin C and are rich in nutrition. The antioxidant in the orange helps in lowering the risk of heart disease and kidney stones.
In United States, the oranges are available round the year because the grocery stores sell oranges that are grown in locations with similar climates but different growing seasons.
Answer:
$15,000 and $17,000
Explanation:
The computation is shown below:
But before that we have to determine the total dividend of preference stock i.e
= 3,600 shares × 5% × 50%
= $9,000
Now the 3,100 is paid, so the remaining amount is
= $9,100 - $3,100
= $6,000
So the total dividend paid to preference shareholders is
= $9,000 + $6,000
= $15,000
And for common shareholders, it is
= $17,000 - $15,000
= $2,000
Answer:
<u>Socio economic</u> view
Explanation:
The socio economic view relates to viewing organizational decisions in the light of their both social and economic consequences.
The concept of corporate social responsibility relates to discharge of those social obligations which an enterprise owes to it's various stakeholders.
A business operates within social bounds and thus it becomes indispensable for a business to contribute to social good which could be in the form of amenities, providing better sanitation facilities or better infrastructure.
As per the socio- economic view, economic gains which represent economic profits and social gains as a measure of social betterment, both are inter related and a corporation must not view them as separate.