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2 years ago

Data from Fontecchio Corporation's most recent balance sheet appear below:

Business

1 answer:

Sonbull [250]2 years ago

4 0

Answer:

the acid test ratio is 0.7 times

Explanation:

The computation of the acid test ratio is shown below;

Acid test ratio is

= Quick assets ÷ current liabilities

= (Cash + marketable securities + account receivable) ÷ current liabilities

= ($37,000 + $39,000 + $97,600) ÷ ($248,000)

= 0.7

Hence, the acid test ratio is 0.7 times

This is the answer but the same is not provided in the given options

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Last year, you earned a rate of return of 11.29 percent on your bond investments. During that time, the inflation rate was 4.6 p

nordsb [41]

Answer:

the real rate of interest of 6.39 %

Explanation:

given,

rate of return on your bond = 11.29 %

the inflation rate = 4.6 %

real rate of return = ?

rate of return = $(\dfrac{1+ return\ rate}{1 + inflation }-1)\times 100$

rate of return = $(\dfrac{1+ 0.1129 }{1 + 0.046 }-1)\times 100$

rate of return = $(\dfrac{1.1129}{1.046 }-1)\times 100$

= 6.39 %

the real rate of interest of 6.39 %

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3 years ago

The marketing concept states that the social and economic justification for an organization’s existence is the satisfaction of c

Goshia [24]

Answer:

True

Explanation:

The satisfaction of customer is the key need of survival for any business.

As the customer satisfaction will result into good branding, economic support and vital performance booster for the organisation.

Customer satisfaction ensures that the organization is socially and economically viable, and equally capable of running business with the perspective of growth.

Thus the above stated statement is

True

7 0

3 years ago

Typing, Inc. has been an S corporation since its inception. On July 4, 2019, Typing distributed $50,000 to Jerusha. Her basis in

lisabon 2012 [21]

Answer:

Answer is $15,000

$6,000 share of ordinary income plus $9,000 gain for a $50,000 distribution in excess of her $41,000 stock basis.

3 0

3 years ago

Select the correct answer. According to Maslow’s hierarchy of needs, which need consists of an individual striving for importanc

shutvik [7]

Answer:

According to Maslow's hierarchy of needs, self esteem consists of an individual striving for importance.

Explanation:

Maslow's hierarchy of needs suggests that people have various needs, and they must satisfy the basic needs before moving on to satisfy advanced needs.

There are five different levels of needs according to Maslow.

They are:

Physiological needs-
Security and safety needs
Social needs
Self esteem
Self actualization

The lower four needs are deficiency needs that arise due to deprivation. Satisfying the physiological,social,security and esteem needs is important to feel content.

The highest level of need is growth need.They arise from the desire to grow as an individual.

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3 years ago

Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua

max2010maxim [7]

Answer:

Market Price $985.01

Explanation:

We have to convert the US semiannually rate to annually.

$(1 + 0.078/2)^{2} -1 = 0.079521$

Now this is the annual rate spected for a similar US Bonds

So we are going to calculate the present value using this rate.

Present value of an annuity of 78 for 20 years at 7.9521%

$C * \frac{1-(1+r)^{-time} }{rate} = PV\\$

$78 * \frac{1-(1+0.079521)^{-20} }{0.079521} = PV\\$

PV = 768.55

And we need to add the present value ofthe 1,000 euros at this rate

$\frac{Principal}{(1 + rate)^{time} = Present Value}$

$\frac{1,000}{(1 + 0.079521)^{20} = Present Value }$

Present Value = 216.4602211

Adding those two values together

$985.01

The reasoning behind this is that an american investor will prefer at equal price an US bonds because it compounds interest twice a year over the German Bonds.

6 0

3 years ago