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Jobisdone [24]
3 years ago
10

Maple Industries has 7 percent bonds outstanding that mature in thirteen years. The bonds pay interest semiannually and have a f

ace value of $1,000. Currently, the bonds are selling for $1,021.16. What is the firm's pre-tax cost of debt?A. 6.75%
B. 6.84%
C. 6.91%
D. 7.03%
E. 7.14%

Business
1 answer:
levacccp [35]3 years ago
5 0

Answer:

A. 6.75%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.  

The NPER represents the time period.  

Given that,  

Present value = $1,021.16

Future value or Face value = $1,000  

PMT = 1,000 × 7% ÷ 2 = $35

NPER = 13 years × 2 = 26 years

The formula is shown below:  

= Rate(NPER,PMT,-PV,FV,type)  

The present value come in negative  

So, after solving this, the pretax cost of debt is 6.75%     (3.38% × 2)

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Lera25 [3.4K]

When Haddock, Inc. adheres to the ethics of preventing air pollution, littering, and waste management, they are essentially adhering to business ethics and servicing <u>government</u> and <u>communities</u> stakeholders.

<h3>Who are the stakeholders of a business?</h3>

A stakeholder is a person or an entity that has some vested interests in a company because they can either affect or be affected by a business' operations and performance.

Typically, an entity's stakeholders include the following groups:

  • Investors
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  • Communities
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Thus, when Haddock, Inc. adheres to the ethics of preventing air pollution, littering, and waste management, they are essentially adhering to business ethics and servicing <u>government</u> and <u>communities</u> stakeholders.

Learn more about stakeholders at brainly.com/question/24432365

4 0
2 years ago
Past behavior of demand is indicative of its future behavior, therefore past demand data can be used to construct demand forecas
Elden [556K]

This statement is the underlying principle of the __time series analysis___ method.

Time series analysis method is a statistical technique that is often employed to determine how a variable changes over a series of time.

Time series analysis has been used in sciences, economics, and mathematics to determine changes of a given data variable over time and in relation to other variables in the same time period.

The wide application of the time series analysis method in various fields is dictated by the need to construct forecasts and make predictions, that is, using past realities to guess future realities.

Thus, this statement that the underlying principle of time series analysis method is based on the fact that past behavior of demand is indicative of its future behavior is widely accepted.

Learn more about time series analysis here: brainly.com/question/19485270

5 0
3 years ago
The team raises concerns about the volume of bags they have compared to smaller regional airports. Specifically, Sophia mentions
Hitman42 [59]

Answer:

The correct answer is letter "A": negative inequity.

Explanation:

John Stacey Adams proposed the Equity Theory stating wages and work conditions are not the only factors that motivate employees at work. According to Adams worker look for a balance between their inputs such as effort, skills, abilities or commitment and outputs like recognition, reputation, praise or job security.

Negative inequity arises when individuals feel their outputs are undervalued in regards to their inputs and positive inequity when the outputs overvalue the inputs. Then, <em>Sophia is feeling negative inequity since she believes it is necessary to work harder (effort) so the workload of her team (output) can be increased compared to smaller regional airports.</em>

7 0
4 years ago
Cellestial Manufacturing Company produces Products A1, B2, C3, and D4 through a joint process. The joint costs amount to $200,00
marusya05 [52]

Answer:

$2,000

Explanation:

The computation of the profit in case of Product B processed further is shown below:

Sales value if processed further $35,000  

Less: Sales value at Split-Off $30,000  

Incremental revenue                 $5,000  

Less: Additional costs                 $3,000  

Incremental income                 $2,000  

First we have to find out the incremental revenue after that deduct the additional cost so that the incremental income or we can say profit could arrive

6 0
3 years ago
A company is trying to decide which service to subscribe to that will provide datasets containing demographic data on consumers.
poizon [28]

Answer:

The correct answer is Acxiom, Experian, Media Audit.

Explanation:

Demographics are general information about groups of people. Depending on the purpose, the data may include attributes such as age, sex and place of residence, as well as social characteristics such as occupation, family situation or income. In web analytics and online marketing, demographics are used to provide a deeper insight into a website's target audience or to create the so-called people. Demographic data is used primarily for the strategic use of tailoring offerings to the respective target group and can also be used as the basis for business analysis and performance reporting.

6 0
3 years ago
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