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Andrews [41]
3 years ago
11

1. Abler Corporation has corporate bonds trading in the market at $820. These bonds have $1000 face (or maturity) value and pay

an 8% stated (or coupon) rate annually ($40 every six months). These bonds have 12 years to maturity. What is the pretax cost of Abler Corporation's debt?
Business
1 answer:
Cloud [144]3 years ago
5 0

Answer:

10.70%

Explanation:

NPER = 12*2 = 24

PMT = 40

PV = -820

FV = 1000

Pretax Cost of Debt = Rate (NPER, PMT, -PV, FV) * 2

Pretax Cost of Debt = Rate(24, 40, -820, 1000) * 2

Pretax Cost of Debt = 0.0535 * 2

Pretax Cost of Debt = 5.35% * 2

Pretax Cost of Debt = 10.70%

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-Dominant- [34]

A limited power of attorney fiduciary duty required of an agent Disclosure Care Confidentiality Accounting Obedience Contrition Loyalty.

A fiduciary relationship is a role of belief, and the agent owes the principal the obligation of obedience, loyalty, disclosure, confidentiality, accounting, and reasonable care (old automobile).

Fiduciary duty is defined by means of Black's regulation Dictionary as “an obligation of extreme precise religion, belief, confidence, and candor owed by using a fiduciary (which includes an attorney or corporate officer) to the beneficiary (which includes a lawyer's purchaser or a shareholder); a responsibility to act with the highest degree of honesty and loyalty towards any other .

fiduciary obligation to someone else, the person with the duty must act in a way in order to gain someone else, usually financially. the individual that has a fiduciary duty is known as the fiduciary, and the individual to whom the responsibility is owed is referred to as the predominant or the beneficiary.

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5 0
1 year ago
Which of the following statements about comparative advertising is true? Comparative advertisements now constitute over 90% of a
alexira [117]

Answer:

Comparative advertisements need legal support for their claims and must not misrepresent competing products/brands

Explanation:

Comparative advertisement is also called advertising war. A competitor is named in the advertisement and reasons are given why the competitor's product is inferior to the one being advertised.

In this type of advertisement to prevent adverse legal action the company needs to carry out extensive research to provide legal backing for their claims.

Firms must also not misrepresent the competitor's product as this can lead to legal action.

3 0
3 years ago
The new product development process has seven stages going from new product strategy development to commercialization. At which
mina [271]

Answer:

Idea generation

Explanation:

Idea generation -

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It is the main and the most primary focus during the phase of the creative process .

Analyzing the market , interpreting the competitions and asking the customers , all falls in this stage .

Hence , the stage which is asked by the question data  is the stage of Idea generation .

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Market researchers often report discretionary income. Discretionary income is your disposable income minus your fixed expenses.
SOVA2 [1]

The percentage of the disposable income that is discretionary is equal to 30.82% if the amount left after fixed expenses is $900.

As the amount left after payment of the fixed expenses is $900, this is said to be the discretionary income because discretionary income is equal to the disposable income minus fixed expenses.

Now we can calculate the percentage of disposable income that is discretionary as follows;

percentage of disposable income that is discretionary = (discretionary income ÷ disposable income) × 100

% discretionary income = (900 ÷ 2,920) × 100

% discretionary income = 90,000 ÷ 2,920

% discretionary income = 30.82%

Hence, 30.82% of the disposable income is calculated to be discretionary if the disposable income is $2,920 and the amount left after payment of fixed expenses is $900.

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3 0
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Where in a business plan should the executive summary go?
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Answer:

The executive summary goes near the beginning of the plan but is written last

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