Answer:
Relevant costs are costs that will be affected by a managerial decision. Irrelevant costs are those that will not change in the future when you make one decision versus another.
Explanation:Examples of irrelevant costs are sunk costs, committed costs, or overheads as these cannot be avoided.
Answer:
The answer is $862.35
Explanation:
Explanation:
This is a semiannual paying coupon, meaning interest are paid twice in year.
N(Number of periods) = 30periods ( 15 years x 2)
I/Y(Yield to maturity) = 6 percent
PV(present value or market price) = ?
PMT( coupon payment) = $50
FV( Future value or par value) = $1,000.
We are using a Financial calculator for this.
N= 30; I/Y = 6; PMT = 50; FV= $1,000; CPT PV= -862.35
Therefore, the market price of the bond is $862.35.
a credit unionis a financial institution that is owned and controlled by its members rather than shareholders. The members of the credit union pool their deposits and provide loans and other financial services to each other.
Answer:
C.principal-agent problems.
Explanation:
The acquisition of Movo Automobile is a typical example of AGENCY COST. Under the Agency cost theory, managers are agents of shareholders who represents principal in the principal - agent problem.
Agency cost is a situation where agents become selfish and pursue strategies and policies that will promote the self interest of agents and cause dissatisfaction to principals.
