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aev [14]
3 years ago
13

A zero coupon bond with a face value of $1,000 is issued with an initial price of $415.50. The bond matures in 10 years. What is

the implicit interest, in dollars, for the first year of the bond's life
Business
1 answer:
aliina [53]3 years ago
3 0

Answer:

$38.14

Explanation:

The yield to maturity on the bond can be computed using the rate formula in excel as shown below:

=rate(nper,pmt,-pv,fv)

nper is the bond life measured in years which is 10

pmt is the annual coupon payment since the bond zero coupon ,pmt is $0

pv is current price of the bond which is $415.50

fv is the face value of the bond i.e $1000

=rate(10,0,-415.50,1000)=9.18%

implicit interest in dollars for first year=cash proceeds*yield to maturity

cash proceeds which is the same as price of bond is $415.50

implicit interest in dollars=$415.50*9.8%=$38.14  

                                   

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Mogul Company ships merchandise to Ski Outfit in a consignment arrangement. The arrangement specifies that Ski Outfit will attem
Juliette [100K]

Answer:

$24,000

Explanation:

According to the consignment accounting, it States that any inventory sent on consignment by the consignor to the consignee, belongs to the consignor until the inventory is sold by the consignee.

Regarding the above, Mogu company sent inventory costing $100,000 and out of this, only $76,000 has been sold. The remaining inventory still belongs to the consignor and the amount of this inventory is;

$100,000 - $76,000 = $24,000

Therefore, Mogul would report $24,000 worth of inventories at year end.

7 0
3 years ago
Which of the following best defines scientific management? Group of answer choices It is the behavior that conforms to a society
fgiga [73]

Answer:

Correct option is 'It is through studying and testing of different work methods to identify the best, most efficient way to complete a job'

Explanation:

Scientific management refers to employing different methods or workflows to improve labor work efficiency, thereby achieve organizational objectives in a efficient way.

Application of scientific methods to improve efficiency proved highly beneficial. One of the methods was to break down big tasks into smaller and simpler tasks and dividing the tasks among the labor as per their skills. This ensured quality work.

6 0
3 years ago
The Artisan Cheese Company in Florida has decided to add a new line of imported cheeses to its offering. The company president (
KonstantinChe [14]

Answer:

Cheeses from England.

Explanation:

First, let us define what Marketing Mix is:

  • This refers to the number of strategies a company employs to promote its goods and services in the market. The four Ps of the marketing mix include Product, Price, Place and Promotion.

The goal of a marketing strategy is to create awareness among the target audience.

Feedback and surveys are ways in which a company informs its marketing mix strategy. Therefore, if it has been determined from the customer feedback from company surveys and cheese tasting that the Product the customers prefer is Cheese from England, then that is what should be produced and promoted.

It cannot be over emphasized that companies are in business because of the customers, so their opinion takes precedence, as the saying goes, customer is always right. Therefore, if the need of the customer is not met, the company will make no profits.

The company president and product director will have to do what the customer wants.

4 0
3 years ago
Looking at your Personal Fact Sheet, do you see any areas that may need improvement? In which areas do you have the most room fo
adell [148]

Answer:

In the classroom and in the grocery store and house.

Explanation:

Hope this helps!

4 0
3 years ago
A regional trucking company landed a contract to supply products for a major retailer. To do this, it needs to hire an IT profes
Zigmanuir [339]

Answer: • set up the computer hardware for the database.

• Set up the computer software for the database.

• train designated employees to use the database

• protect the confidentiality of the database

Explanation:

The options include:

a. Set up the computer hardware for the database

b. Set up the computer software for the database

c. train designated employees to use the database

d. Design a help page to show people how to use the database

e. protect the confidentiality of the database

Since the new hire is an IT professional who is employed to create a shipment database, the individual should be able to:

• set up the computer hardware for the database.

• Set up the computer software for the database.

• train designated employees to use the database

• protect the confidentiality of the database

7 0
3 years ago
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