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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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In evaluating different market segments, the firm must look at two factors: the segment's overall attractiveness and the _______
Lesechka [4]

Answer: Company objective and the resources

Explanation:

For evaluating the different types of marketing segment of an organization it basically involve the two main factors such as the overall segments's attractiveness and also the main objective of the company and its resources.

 By evaluating the marketing segment we can easily evaluating each segment of the company so that the company producing the desirable result according to the consumer requirements.

The company objective is one of the type of goals of the company that helps in achieving the desirable result and the opportunities. Therefore, Company objective and the resources is the correct answer.  

8 0
3 years ago
Bond interest is deducted from:
nevsk [136]

I bond interest is calculated using so-called composite rates based on a fixed interest rate and an inflation-adjusted rate, which we describe in depth below. I bonds earn interest monthly, though you don't get access to the interest payments until you cash out the bond.

<h3>How long do I bonds earn interest?</h3>

I bonds earn interest for 30 years unless you cash them first. You can cash them after one year.

But if you cash them before five years, you lose the previous three months of interest.

<h3>Is an I bond a good investment?</h3>

The annualized rate on the I bond is a record 9.62% through October 2022. “This is a fabulous investment,” said Orman, who started investing in I bonds in 2001. Backed by the U.S. government, the bond doesn't lose value. Its variable rate is set every May and November.

Learn more about bonds interests here:

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3 0
1 year ago
True or false? an hie moves health information among organizations while adhering to national standards.
Amiraneli [1.4K]
<span>True. An health information exchange(hie)'s sole aim is to share electronically information crosswise over associations inside an area, group or hospital facility framework. Practically speaking the term HIE may likewise allude to the association that encourages the trade</span>
3 0
3 years ago
Coastal Shores Inc. (CSI) was destroyed by Hurricane Fred on August 5, 2021. At January 1, CSI reported an inventory of $170,000
Fofino [41]

Answer:

$65,000

Explanation:

Calculation to determine what The estimated inventory loss due to Hurricane Fred would be

Beginning inventory$170,000

Add Net purchases195,000

Goods available for sale365,000

($170,000+$195,000)

Less: Cost of goods sold (300,000)

($480,000/160%)

Estimated ending inventory$65,000

($365,000-$300,000)

Therefore The estimated inventory loss due to Hurricane Fred would be $65,000

8 0
3 years ago
Chris Cole is a salesperson for Green Scene Lawn Care products. Chris' job requires him to sell Green Scene products, but he is
AVprozaik [17]

Answer:

A) True

Explanation:

Multilevel marketing is used by companies that engage in direct sales marketing and where each new salesperson or distributor must recruit more sales people to expand their activities. Some of the most famous multilevel marketing firms in the US are Avon and Herbalife.

The salesperson or distributor earns a fraction of the sales commissions that his/her recruited sales people sell. It is called the distributor's downline, and is shaped like a pyramid. In some countries this type of business is illegal because it works like a Ponzi scheme where new salespeople are recruited every time and in order to start working they must buy a certain amount of products. So a large percentage of the sales are made to other salespeople instead of customers.

5 0
2 years ago
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