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Reil [10]
3 years ago
11

Plastic Products Ltd is a company business whole the country that produces and markets plastic cups, teaspoons, knives and forks

for the catering industry. The company was established in 2010 in response to the changes taking place in the catering industry. The growth of the fast-food sector of the market was seen as an opportunity to provide disposable eating utensils which would save on human resources and allow the speedy provision of utensils for fast customer flow. In addition, Plastic Products has benefited from the growth in supermarkets, convenience stores and food processed manufacturers. The expansion of sales and outlets has led Mr. Long, the sales manager, to recommend to Mr. An, the general manager, that the present sales force should be increased. Mr. Long believes that the new recruits should have experience of selling fast-moving consumer goods since essentially that is what his products are. Mr. An believes that the new recruits should be familiar with plastic products since that is what they are selling. He favors recruiting from within the plastics industry, since such people are familiar with the supply, production and properties of plastic field.
Business
1 answer:
puteri [66]3 years ago
7 0

Answer:

ooffffano yan bul bul ka ba!?

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Consider a corporate bond with a $1000 face value, 8% coupon with semiannual coupon payments, 7 years until maturity, and a YTM
serious [3.7K]

Answer:

$961.42

Explanation:

firstly, we calculate the clean clean price below:

FV= 1,000

PMT= 40 (80 / 2)

I= 4.5 (9 / 2)

N= 14 (7 × 2)

Thus, PV= 948.89

Accrued Interest = coupon × (days since last payment/days in current coupon period)= 40 × (57 / 182) = 12.53

conclusively, dirty price = 948.89 + 12.53 = 961.42

3 0
4 years ago
Liam is considering putting money in an investment plan that will pay him $52,000 in 12 years. If Liam's opportunity cost rate i
ASHA 777 [7]

Answer:

$23,088.62

Explanation:

We must determine the present value of Liam's investment discounted by his opportunity cost rate. The present value formula is:

PV = FV / (1 + r)ⁿ

  • FV = $52,000
  • r = 7%
  • n = 12

PV = $52,000 / (1 + 7%)¹² = $52,000 / 2.2522

PV = $23,088.62

6 0
4 years ago
If total liabilities increased by $91000 and stockholders’ equity increased by $25000 during a period of time, then total assets
kifflom [539]

Answer:

$137,000 Increase

Explanation:

3 0
2 years ago
On August​ 31, 2018​, Brooke Tallen borrowed $ 6 comma 000 from Boulware State Bank. Tallen signed a note​ payable, promising to
Dimas [21]

Answer:

When  Boulware State​ Bank lend money

<em>Note Receivable $6,000 (debit)</em>

<em>Cash $6,000 (credit)</em>

When Interest accrues on the Note Receivable on June​ 30, 2019.

<em>Note Receivable $600 (debit)</em>

<em>Interest Income $600 (credit)</em>.

When the Interest and Principle are collected on August 31, 2019

<em>Cash $6,720 (debit)</em>

<em>Note Receivable $6,720 (credit)</em>

Explanation:

When  Boulware State​ Bank lending money

Recognize an Asset - Note Receivable and a decrease in the assets of Cash.

<em>Note Receivable $6,000 (debit)</em>

<em>Cash $6,000 (credit)</em>

When Interest accrues on the Note Receivable on June​ 30, 2019.

Hint :Interest that expires is for 10 months and must be accounted as such.

<em>Note Receivable $600 (debit)</em>

<em>Interest Income $600 (credit)</em>

Interest Income = $6,000 × 12% × 10/12

                          = $600.

When the Interest and Principle are collected on August 31, 2019

Interest for July and August for 2020 must first be accounted.

Note Receivable $120 (debit)

Interest Income $120 (credit)

Interest Income = $6,000 × 12% × 2/12

                          = $120.

Thus entry to record  collection of principal and interest will be :

<em>Cash $6,720 (debit)</em>

<em>Note Receivable $6,720 (credit)</em>

Note Receivable = Principle + 2019 interest + 2020 interest

                            = $6,000 + $600 + $120

                            = $6,720

4 0
3 years ago
A shopper at whole foods was asked by a researcher to look at a magazine ad for a new line of organic soups. the researcher aske
Zarrin [17]
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6 0
4 years ago
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