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2 years ago

Shelly purchases a leather purse for $400. One can infer that:

Business

1 answer:

denpristay [2]2 years ago

8 0

Answer:

B. her reservation price was at least $400.

Explanation:

Reservation price: It shows a limit on a price of purchase and selling of products and service rendering.

In the demand side, this price represents the higher price that the buyer is willing to pay to purchase the goods whereas, on the supply side, this price represents the lower price that the seller is willing to sell the goods.

In this question, the Shelly purchase a leather purse for $400 which means the minimum price would be $400

So, all other options except B are incorrect as option B is the most appropriate.

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Ace Products has a bond issue outstanding with 15 years remaining to maturity, a coupon rate of 7.4% with semiannual payments of

frutty [35]

Answer:

Current yield is 6.17%

YTD is 5.43%

YTC is 4.26%

Explanation:

Tenor: 15 years

-> number of payment (NPer) is 30 (= 15 years * 2 for semiannual)

Coupon rate: 7.4%

- > semiannual payments (PMT): $37 = ($1000*7.4%/2)

Future value (FV): $1000

Present value (PV): $1200

Current yield = annual coupon/ current price = $37*2/$1200 = 6.17%

Extra: 

We use excel to calculate yield to date (YTD) or nominal yield:

= Rate(Nper, PMT, - PV,FV) = Rate(30,37,-1200,1000) = 2.717% semiannual

-> annual rate is 5.43%

The bond issue is callable in 5 years at a call price of $1,074, then FV is $1074

Yield to call = rate(10,37,-1200,1074) = 2.13% semiannual

-> annual rate is 4.26%

5 0

3 years ago

The cash account shows a balance of $42,000 before reconciliation. The bank statement does not include a deposit of $9,200 made

Keith_Richards [23]

Answer:

$45,473

Explanation:

Base on the scenario been described in the question, we can use this method to solve the problem.

Solution:

$42,000 + $4,960 – $1,100 – ($1,830 – $1,380) + ($381 – $318)

= $46,960- $,1,100-$450-$63

=$45,473

As our answer

8 0

3 years ago

URGENT!!!

Gwar [14]

so,nominally,................... (copied by :- @-Venkatesh Rao cheap tricks-)

3 0

3 years ago

What are two ways you would get a good credit report?

Sedbober [7]

Apply for a credit-builder loan \Eliminate credit card balances.

6 0

3 years ago

On January 1, 20X7, Server Company purchased a machine with an expected economic life of five years. On January 1, 20X9, Server

djverab [1.8K]

Based on the information given for Server Company, the machine will be valued at $42,000 and the machinery account will be credited.

<h3>What would be the value of the machine?</h3>

The machine was sold on January 1, 20X9 and at that point, the accumulated depreciation was $28,000.

The value of the machine was therefore:

= Cost of machine - Accumulated depreciation

= 70,000 - 28,000

= $42,000

Find out more on accumulated depreciation at brainly.com/question/1287985.

#SPJ1

4 0

1 year ago