Scarcity implies that a customer wants things from a business A. many B. few C. specific D. quality

Find the present value of $7,000 in 7 months at 9% interest

Anna11 [10]

Answer:

$= principle \times rate \times time \\ = 7000 \times \frac{9}{100} \times 7 \\ = 4410 \: dollars$

6 0

3 years ago

Read 2 more answers

Your company currently has $ 1 comma 000 par, 6 % coupon bonds with 10 years to maturity and a price of $ 1 comma 078. If you w

Stella [2.4K]

Answer:

The next coupon rate that is needed to set is 5.00%

Explanation:

Solution

Recall that:

Your company presently has =$1,000 par

Coupon bonds = 6%

Maturity = 10 years

The next step is to find the coupon rate that is needed or required to set.

Now,

The number of semi annuals to maturity, NPER = (10 YEARS * 2)= 20

Semiannual coupon payments, PMT = ($1000 * 6%/2) = $30

The current selling price per bond (FV) = $1078

The maturity value at the end is = $1000

The semiannual compound type, = 0 (It is 0 if compounded at the end of each semiannual and is 1 if compounded at the start of each semiannual)

Semi annual interest rate is = 2.5%

Thus,

The number of semi annuals in a year is = 2

The annual coupon rate of bonds (new) = 2/50 % * 2

= 5.00%

It is important to note that the semi annual coupon rate is computed suing the excel function rate (nper, pmt, pv, fv, type),

Whereby

PV =1078

NPR = 20

PMT =30

FV = 1000

TYPE = 0.

3 0

3 years ago

On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 22,000, $13 par, common sh

Tpy6a [65]

Answer:

(I)

retained earnings 92,400 debit

common stock 28,600 credit

additional paid-in 63,800 credit

(II)

retained earnings 924,000 debit

common stock 286,000 credit

additional paid-in 638,000 credit

(III) no entry required

Explanation:

22,000 x 10% = 2,200 new shares

market price:

2,200 X $42 = 92,400

book value

2,200 x $13 = 28,600

additional paid-in

63,800

100% sotkc dividends:

22,000 x 100% = 22,000 new shares

market price:

22,000 X $42 = 924,000

book value

22,000 x $13 = 286,000

additional paid-in

638,000

the stock split will not change the accounting as the total value fo the equity remains the same.

7 0

3 years ago

The pursuit of an activity for external reward is called ________.

Snowcat [4.5K]

Extrinsic motivation

8 0

3 years ago

In addition to the positive welfare effects that free trade has on an economy, there are a variety of other benefits of internat

Pavel [41]

Answer:

c. An enhanced flow of ideas

Explanation:

Enhanced flow of ideas often lead to innovation, which would eventually lead to various creations that increase the production efficiency.

When conducting free trades, people from less-industrialized country can learn from conducting business with people from a more industrialized country. For example, they can learn the type of machines used for production,the marketing method that is used to reach customers, the most efficient way to distribute your product, etc.

After learning all this, the people form less industrialized nation could implement the knowledge in the home country. This is one way they can improve their economy and strengthen their position in on the international level.

4 0

3 years ago

Scarcity implies that a customer wants things from a business A. many B. few C. specific D. quality​

Scarcity implies that a customer wants things from a business A. many B. few C. specific D. quality