The bond can be called at par in one year or anytime thereafter on a coupon payment date. Ithas a price of $97 per $100 face value
<h3>What is
bond?</h3>
A bond is a type of financial security in which the issuer owes the holder a debt and is obligated to repay the principal of the bond as well as interest over a specified period of time, depending on the terms. Interest is usually paid at regular intervals.
Bonds are one way for businesses to raise funds. A bond is a loan made between an investor and a corporation. The investor agrees to give the corporation a specific sum of money for a set period of time. In exchange, the investor receives interest payments on a regular basis.
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Answer:
. A good whose demand decreases when income decreases
Explanation:
A normal good is a product whose demand increases as consumers' income increases. The demand may also increase as economic conditions in the country improve. Similarly, when income decrease, the demand also declines.
As people income increase, the purchasing power increase. They prefer more costly goods than give them more satisfaction. Increased income tends to make consumers abandon goods that offer less utility. Normal goods tend to be associated with customers in high-income.
Answer:
The correct answer is programmed.
Explanation:
Also called unstructured, they are decisions that are taken in the face of problems or situations that occur infrequently, or those that need a specific model or process of solution, for example: “Launching a new product to the market”, in this type It is necessary to follow a decision-making model to generate a specific solution for this particular problem.
Programmed decisions address rare or exceptional problems. If a problem has not been presented frequently enough to be covered by a policy or if it is so important that it deserves special treatment, it should be handled as an programmed decision. Problems such as allocating the resources of an organization, what to do with a production line that failed, how to improve relations with the community - in fact, the most important problems that the manager will face - will usually require programmed decisions.
Answer:
Journal Entries
Account Dr. Cr.
1.
Repair and maintenance Expense $250
Cash $250
2.
Delivery truck $800
Cash $800
Explanation:
Property, plant and equipment are reported in the Fixed asset of the balance sheet. These assets are the depreciated. Fixed assets are initially recorded at cost.
Initially the amount capitalized includes the acquisition cost or purchase price and any direct cost incurred to make asset ready to use.
Any cost incurred to improve the efficiency of the asset will also be capitalised. In this question oil change is a routine maintenance cost needed to operate the asset. Installation of Special gear unit actually improved the efficiency of the asset as a whole. So, it is capitalised.
Answer:
Explanation:
A monopolist Inverse Demand Curve is Given as: P=24-Q
And we are also Given the Marginal Cost (MC) = $6
The Revenue of the Monopolist would be:
R=PXQ = 24Q - Q
Marginal Revenue= 24-2Q
A) Monopolist would produce at the price corresponding to the quantity of : MR=MC
24 – 2Q = 6
20 = 24 – 6 = 18
Q = 9
SO the Profit maximizing price would be: P=24-Q = 24-9 = 15
Thus profit maximizing price and Quantity are: P^*= $15 and Q^*=9
Profit = Revenue - Cost
Cost = Average Cost * Quantity = 6Q
Profit = 24Q-Q2-6Q = 18Q - Q2 = 18 X 9 -9
Profit = 81
Part B::
Now Government imposes a tax, on this monopolist, T.
So new MC= 6+T
Lets solve for Profit maximizing Price:
MR=MC
24-2Q=6+T
Q=\frac{18-T}{2}
and Price:
P=24-Q = 24-\frac{18-T}{2}
P=15+\frac{T}{2}
Thus Now the monopolist would charge Half of this tax from consumers.
