Answer:
€928.46
Explanation:
Since it was hinted that bonds issued outside of the United States pay coupons annually, it is expected that the bonds issued in Germany pay annual coupons, and its price is computed below using the bond price formula, excel PV function, and financial calculator:
Bond price=face value/(1+r)^n+annual coupon*(1-(1+r)^-n/r
face value=€1,000
r=yield to maturity=8.7%
n=number of annual coupons in 10 years=10
annual coupon=face value*coupon rate=€1,000*7.6%=€76
bond price=1000/(1+8.7%)^10+76*(1-(1+8.7%)^-10/8.7%
bond price=1000/(1.087)^10+76*(1-(1.087)^-10/0.087
bond price=1000/2.30300797+76*(1-0.43421474)/0.087
bond price=1000/2.30300797+76*0.56578526/0.087
bond price= 434.21+494.25= €928.46
Excel PV function:
=-pv(rate,nper,pmt,fv)
=-pv(8.7%,10,76,1000)
pv=€928.46
Financial calculator:
N=10
PMT=76
I/Y=8.7
FV=1000
CPT PV=€928.46
Answer:
A) Communicate regularly about the firm’s progress toward meeting its strategic objectives as well as the threats and weaknesses that pose challenges.
D) Adopt a compensation plan that pays employees more when the company meets its goals.
Explanation:
If Cumberland Farms wanted to take other actions to empower its workforce, they should consider communicate regularly about the firm’s progress toward meeting its strategic objectives as well as the threats and weaknesses that pose challenges. this will allow employees to have a better idea of the company and can make better decisions.
They must also adopt a compensation plan that pays employees more when the company meets its goals which would motivate employees to make decisions that would benefit the company and work harder.
Answer: Controlling function
Explanation: Controlling refers to that function of management in which the managers tries to make the actual results from the operations closer to the set standards in the planning stage.
This is done by comparing the actual performance with the set standards and taking corrective action in case of any discrepancy.
Thus, from the above we can conclude that the manager is doing the controlling function.
I think you will acccess the money when ur 18 years old
Answer: Assets decrease $69,750 and liabilities increase $25,250
Explanation:
Based on the scenario in the question, Decrease in assets will be calculated as:
= $95,000 - $12,000 - $7,250 - $6,000 = $69,750
Increase in liabilities will be calculated as:
= $12,000 + $7,250 + $6,000
= $25,250
The effect on assets and liabilities from this transaction is that assets decrease $69,750 and liabilities increase by $25,250
