Answer:
c. $38,000
Explanation:
Bond is issued at i= 10% = 0.10, n=20, m= 2, p= $760,000
The amount of interest owed to the bondholders for each semiannual interest payment is:
= $760,000 × 0.10 × 6/12
= $760,000 x 0.05
= $38,000
The length of the cash conversion cycle for a firm with $3 million in inventory is 70.41 days.
<h3>How to calculate the days?</h3>
Days of inventory outstanding= 365/ Inventory turnover
Formula for calculating inventory turnover:
Inventory Turnover = Cost of Goods Sold/Average Inventory
= $18 million / $3 million
= 6
Days of inventory outstanding= 365/ 6 = 60.83 days
Days of payable outstanding= 365/ Payables turnover
Payables turnover = Cost of Goods Sold/ Average Payables
= $18 million / $1.5
= 12
Days of payable outstanding= 365/ 12
= 30.42 days
Cash conversion cycle= Days of inventory outstanding + Days of sales outstanding – Days of payables outstanding
= 60.83 days + 40 days - 30.42 days
= 70.41 days.
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Answer:
a. insurance premium
Explanation:
Insurance copay is the fixed amount that an insured person pays to cover the insurance policy. Moreover, it is linked to the health sector. Therefore, option B is incorrect.
Insurance coverage is the coverage for an insurance policy. It can be dictated as risk or liability. Therefore, option C is wrong.
Out-of-pocket expense is a direct expense, and it is not related to the insurance plan. Therefore, option D is false.
An insurance premium is an amount we have to pay for the insurance plan we accept to ensure for various purposes. Therefore, option A is the answer.
Answer:
tactical
Explanation:
To start, sustain and grow a business, it is essential to make good decisions. However, if all decisions fall to the entrepreneur, the task can be overwhelming and time is permanently short.
Tactical decisions
These are decisions that, while having an impact on the development of the business, do not compromise your future. They usually get rid of strategic decisions and, therefore, can be delegated to professionals or qualified personnel (managers, managers, area managers). Some common tactical decisions in an SME: how to organize work shifts, which suppliers to buy, who to hire, how to distribute the premises or office, with which banks to operate, what promotions to offer to customers.