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4 years ago

You are thirsty and decide to have an iced tea. Your thirst is a and your choice of iced tea is a .

Business

1 answer:

Rudik [331]4 years ago

4 0

Answer: Option D

Explanation: A need can be defined as a obligation, which if not fulfilled can lead to adverse results on a living beings health. Thus, thirst is a natural phenomenon for every human being and if it is not fulfilled than it can result in death.

The desire of an individual to purchase any commodity at a specific price is called demand. In the given case, the choice of ice tea is a demand that an individual made when in need .

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Carter's preferred stock pays a dividend of $1.00 per quarter. If the price of the stock is $45.00, what is its nominal (not eff

Lera25 [3.4K]

Answer:

8.89%

Explanation:

The answer is 8.89%

Here is how we arrived at this.

Dividend = 1$ times 4

= $4 annually

Then we calculate for the nominal rate of return.

This is equal to dividend / price.

= $4/ $45

= 0.0889

To convert this to percentage

0.089 x 100

= 8.89% is the nominal annual rate of return.

3 0

4 years ago

At the beginning of 2021, VHF Industries acquired a machine with a fair value of $4,803,660 by issuing a three-year, noninterest

Serga [27]

Answer:

a. What is the effective rate of interest implicit in the agreement?

I used an Excel spreadsheet and the RATE function:

PV = 4,803,660

FV = 6,000,000 (optional)

Nper = 3

Payment = -2,000,000

Rate = 12%

b. Prepare the necessary journal entry.

Dr Machinery 4,803,660

Dr Discount on notes payable 1,196,340

Cr Notes payable 6,000,000

c. Suppose the market value of the equipment was unknown at the time of purchase, but the market rate of interest for notes of similar risk was 11%. Prepare the journal entry to record the purchase of the equipment.

we would need to determine the present value, again using an Excel spreadsheet and the PV function:

PV = $4,887,429.43 ≈ $4,887,429

Dr Machinery 4,887,429

Dr Discount on notes payable 1,112,571

Cr Notes payable 6,000,000

8 0

3 years ago

Ward Doering Auto Sales is considering offering a special service contract that will cover the total cost of any service work re

kodGreya [7K]

Answer:

a. The probability that any one customers service costs will exceed the contract price of $200 is 0.0228

b. Warda expected profit per service contract is $50

Explanation:

a. In order to calculate the probability that any one customers service costs will exceed the contract price of $200 we would have to calculate first the z value as follows:

z=x-μ/σ

z=$200-$150/$25

z=2

Therefore, probability that any one customers service costs will exceed the contract price of $200 is p(x>$200)=p(z>2)

=1-p(z≤2)

=1-0.9772

=0.0228

The probability that any one customers service costs will exceed the contract price of $200 is 0.0228

b. To calculate Warda expected profit per service contract we would have to make the following calculation:

Warda expected profit per service contract=service charge per contract-expected cost

Warda expected profit per service contract=$200-$150

Warda expected profit per service contract=$50

Warda expected profit per service contract is $50

4 0

3 years ago

________ measures the percentage of profit earned on each sales dollar before interest and taxes but after all costs and expense

pentagon [3]

I think it is D. Gross profit margin because that is you profit before all of added taxes and every thing else.

7 0

3 years ago

Green's preferred policy for addressing climate change is a shift to taxing greenhouse gas emissions. what does he describe as a

masha68 [24]

<span>A benefit of this approach is that emission taxes would shift a part of revenue generation from consumption to production.</span>

4 0

4 years ago

You are thirsty and decide to have an iced tea. Your thirst is a​ ________ and your choice of iced tea is a​ ________.

You are thirsty and decide to have an iced tea. Your thirst is a and your choice of iced tea is a .