E. keep detailed records of the finacial investments of the company
Answer:
Price of Bond = $687.66
Explanation:
<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>
Value of Bond = PV of interest + PV of RV
The value of bond for Bank Mart Inc can be worked out as follows:
Step 1
Calculate the PV of interest payments
Annual interest payment
= 3%× 1000 = 30
PV of interest payment
PV = A× (1- 1+r)^(-n)
A- 30, r- 8%, n- 9
30× ((1-1.08^(-9))/0.08)=187.41
Step 2
PV of redemption Value
PV = RV × (1+r)^(-n)
RV - 1000, r- 8%, n- 9
PV of RV = 1000 × 1.08^(-9) = 500.24
Step 3
Price of bond
Total PV = 187.41 + 500.24 = $687.66
Price of Bond = $687.66
You will say to the customer kindly I'm sorry for disappointing you I will do everything that is possible for service to be satisfy to you and tell me why do you say service isn't as good maybe I can make things better
Answer:
Both employment and the real wage rate would decrease
Explanation:
Given that the capital stock of a nation or country jas a direct impact on such country in terms of savings and investments which directly translates to additional.economic development.
Hence, in this case, when a tremendous flood along the Mississippi River destroys thousands of factories, reducing the nation's capital stock by 5%. What happens to current employment and the real wage rate is that "Both employment and the real wage rate would decrease"
This because there won't be adequate money available to create more employment. And with lease employment opportunities than the available labor, the real wage rate tends to decrease over time.
Answer:
d.Assets are overstated by $9,000.
Explanation:
Provided that
The physical inventory inadvertently counted = $98,000
And, the correct amount of the physical inventory = $89,000
Since the correct amount of the inventory is less than the uncorrected amount that results the overstated of the assets.
Plus, the uncorrected amount of the inventory is recorded on the financial statements instead of the correct amount so ultimately the assets are overstated by $9,000