Answer:
$2,365.02
Explanation:
For computing the price we have to applied the Present value formula i.e to be shown in the attachment
Given that,
Future value = 2,000
Rate of interest = 5.36% ÷ 2 = 2.68%
NPER = 14 years × 2 = 28 years
PMT = $2,000 × 7.230% ÷ 2 = $72.3
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the price of the bond is $2,365.02
The 14 years is taken from
= Year 2033 - year 2019
= 14 years
Answer:
A) history repeats itself.
Explanation:
Well Chartists was a movement, which was greatly impact full and active during the period 1838 to 1848.
It basically concluded that the history repeats, there is a common pattern of each event, which eventually move around a circle, and repeats again.
Similarly in today's world also the effect and movement is actually valid, as with time the price of a commodity grows and then declines and then again grows.
As this is all about the moving cycle.
Answer:
C. average total cost.
C. zero economic profits.
If demand shifts to the left (decreases), the last firm that entered "earns negative economic profits and so exits the market".
Explanation:
When many firms produces same product with different cost structures, their average total cost of unit cost is used to determining which firms enter the market first because by definition, average total cost or unit cost is equal to total cost divided by the number of units of a goods manufactured by the producer. It is also equal to the sum of average variable costs and average fixed costs. It may be time dependent. So, the lesser the cost of production per unit quantity, the higher the volume produced and the fasters the product enters market.
The last firm to enter earns "zero economic profits" because obviously, the market must have been fully saturated with the products and as at the time the products enters, the satisfaction might have been dropping and people may not buy as before. Other reason for zero economic profits is that such firm products will surely have higher unit cost which will eventually translate to higher price of the products and no one will leave cheaper products of same quality and satisfaction for the one higher price.
If demand shifts to the left (decreases), the last firm that entered "earns negative economic profits and so exits the market" - there are many reasons for a decreasing demands ranging from diminishing satisfaction derived from the products, and so on, the last firm will definitely suffered negative economic profits because the capital involved in cost of production will not even be recovered not to even talk of the profits from the business and this in turn weaken the manufactured from producing more of the products since the goal is not achieved and the products exit market.
A disclaimer that the employee handbook is not a binding contract and an explanation of the proper procedures and reasons that an employee can be fired.
Answer:
The correct option is B
Explanation:
The return on assets would be:
Return on assets (ROA)= Assets × Return
= $45,000,000 × 12%
= $5,400,000
Return per customer = ROA / Number of golfers
= $5,400,000 / 400,000
= $13.50
Fixed Cost per Customer = Fixed Cost / Number of golfers
= $20,000,000 / 400,000
= $50
Cost to be charged per customer = Profit + Fixed Cost + Variable Cost
= $13.50 + $50 + $15
= $78.50