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3 years ago

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Fergie has the choice between investing in a State of New York bond at 9.2 percent and a Surething bond at 8.5 percent. Assuming

that both bonds have the same nontax characteristics and that Fergie has a 30 percent marginal tax rate, in which bond should she invest?

1 answer:

arsen [322]3 years ago

4 0

Answer:

Explanation:

State of New York's

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Do some independent research on Nicholas Carr (the author of "IT Doesn’t Matter") and explain his current position on the abilit

pychu [463]

Answer:

I agree with Carr's position.

Explanation:

Nicholas Carr is a book author who conceived in america and he has distributed numerous books and articles on innovation, business, and culture.

Nicholas Carr composed an article called "IT Doesn't Matter" in Harvard Business school at 2003 and in the year 2004 he distributed book called "Does IT Make a difference"

So His thoughts irritated the data innovation industry for decages.

Nicholas Carr is a previous individual from the Encyclopedia Britannicas publication leading group of counsels.

Nicholas Carr was additionally in the directing leading group of the World Economic Forums distributed computing venture.

Nicholas Carr was an author in home at the University of California at Berkeleys news coverage school.

So Since 2005 he has composed the well known blog which got exceptionally famous.

Nicholas Carr was likewise previous official proofreader of the Harvard Business Review.

His present position is composing and giving a few methods in business and innovation.

I concur with the situation of Nicholas Carr why in light of the fact that with the assistance of his articles we would knowledge be able to better information on business, innovation and culture.

With the goal that we can improve our range of abilities and we can learn new things in various societies and advancements.

By help of his articles and books we can increase some view over various territory in business and new innovations.

So there are a lot of individuals who followed his articles and books and got numerous inputs to him with respect to the new articles and innovations.

Nicholas Carr utilizes crafted by Gary Small and enduring the mechanical change of the advanced psyche and the hypothetical bedrock of The Shallow and he likewise cast chilling forecasts about what's to come.

Nicholas Carr books overlooks the nature of the real book being perused and which is appears to accept that the thoughts in books are of inherently better quality.

Indeed, even every one of Nicholas Carr proclamations are seen to disentangle after a touch of pushing.

7 0

3 years ago

Steven's Auto is trying to decide whether to lease or buy some new equipment costing $23,000 that has a life of three years, aft

jolli1 [7]

Answer:

$1,241

Explanation:

For computing the net advantage to leasing first we have to determine the total cash flow from leasing and total cash flow from buying which is shown below:

For leasing:

Year Lease payment PVF at 5.8% Present value

1 $6,500 0.9452 $6,144

2 $6,500 0.8934 $5,807

3 $6,500 0.8444 $5,489

Total outflow $17,440

For buy:

Year Outflow or inflow PVF at 5.8% Present value

0 ($23,000) 1 ($23,000)

1 $1,610 0.9452 $1,522

2 $1,610 0.8934 $1,438

3 $1,610 0.8444 $1,359

Total outflow $18,681

Now the net advantage to leasing is

= Buy outflow - leasing outflow

= $18,681 - $17,440

= $1,241

7 0

3 years ago

A local government operates on a calendar-year basis. Prepare journal entries to record the following transactions and events fo

astra-53 [7]

Answer:Please find answers in explanation column

Explanation:

1. Journal to record Short term borrowing

Date Account title Debit Credit

Feb. 1, 2018 Cash $400,000

Tax anticipation notes payable $400,000

2.Journal to record accrued interest payable on TAN)

Date Account title Debit Credit

Dec. 31, 2018 Expenditures – interest $3,666.67

Accrued interest payable $3,666.67

Calculation :Accrued interest= Principal x rate x period (time)

$400,000 x 1% x 11/12= $3,666.67

3. Journal to record investment in CD

Date Account title Debit Credit

April 1, 2018 Investments $100,000

Cash $100,000

4.Journal To record redemption of CD with interest

Date Account title Debit Credit

Sept. 30, 2018 Cash $100,400

Investments $100,000

Cash Revenues – interest income $400

Calculation

Accrued Interest

Principal x rate x period (time= )100, 000 x 0.8 %x 6/12)= $400

Cash = Investment + interest= $100,000 + $400 = $100,400

4 0

3 years ago

You are the manager of a firm that manufactures front and rear windshields for the automobile industry. Due to economies of scal

Leya [2.2K]

Answer:

a. The optimal pricing strategy will be one-shot Nash equilibrium in which “You” charge low price, “Your Rival” charge low price and then the payoff is ($0, $0)

b. Yes, the anwer will differ becuase it is not possible to sustain the collusive outcome as a Nash equilibrium because $\pi ^{Cheat}$ > $\pi ^{Cooperate}$ .

Explanation:

a. Determine your optimal pricing strategy if you and your rival believe that the new Highlander is a "special edition" that will be sold only for one year.

Note: See the attached excel file for the Representation of one shot normal for of the game played between "You" and "Your Rival" together with the payoffs.

From the attached excel file, the dominant strategy is for “You” and “Your Rival” to charge “Low Price” each. If the dominant strategy is played by “You” and “Your Rival”, the optimal pricing strategy will be one-shot Nash equilibrium in which “You” charge low price, “Your Rival” charge low price and then the payoff is ($0, $0).

b. Would your answer differ if you and your rival were required to resubmit price quotes year after year and if, in any given year, there was a 60 percent chance that Toyota would discontinue the Highlander? Explain.

When we have a year-after-year competition between “You” and “Your Rival” but with a 60 percent chance that Toyota would discontinue the Highlander, the payoffs of the firm that continue to comply with the collusive strategy of charging “High Price” by each firm under the normal trigger strategy whereby “You” and “Your Rival” agree to charge high price as long as there is no past deviation by any of the firm, otherwise charge a low price is as follows:

$\pi ^{Cooperate}$ = $6 + $6(100% - 60%) + $6(100% - 60%)^2 + 6(100% - 60%)^2 …….

$\pi ^{Cooperate}$ = $6 / 6% = $10

Therefore, what the firm that cheats earn today is $11 million and it earns $0 forever. The implication of this is that $\pi ^{Cheat}$ = $11

Therefore, the anwer will differ becuase it is not possible to sustain the collusive outcome as a Nash equilibrium because $\pi ^{Cheat}$ > $\pi ^{Cooperate}$ .

7 0

2 years ago

Define how managerial accounting differs from financial accounting. Be sure to address the diverse users of managerial and of fi

Mazyrski [523]

ANSWER:

Managerial accounting is the use of accounting information, to determine the best decision to take, inorder to better the organization, and bring in more profit.

While.

Financial accounting is reporting all financial transaction, by preparing a financial statement, which details out the inflow and outflow of money in the organization.

HOW TO USE ACCOUNTING INFORMATION:

1) Accounting Information are used by managerial accountants to determine the best business to invest more money into.

2) Accounting Information are used by financial accountant to report the profit or loss in the business of the company.

3) Accounting information are used by managerial accountant to decide which investment that should be added or removed from the portfolio, so that much profit will be achieved.

4) Accounting Information are used by financial accountant to calculate and tabulate it financial statement. Using statistical methods and accounting formulas.

5) Accounting Information are used by managerial accountant, to manage the returns in investment, and decide which investment, that will have the highest budget.

Traceability of cost means that all cost should be able to show what lead to it, why the cost is necessary, and the effect of the cost to the business.

Behavior of cost shows the way cost will change whenever they is a change in activities t looko lead to costing. A decrease in spending, will decrease the cost.

Controllability of Cost defines cost to be subject to the decision of how the business will be achieved. This shows that cost can be altered at anytime, to suit the need of the business.

Relevance of Cost defines cost to be used to show how relevant or irrelevant a cost can be to the business, which helps a manger to consider only the relevant cost in the business first.

Function of cost shows the amount invested in relation to the amount produced. It is represented in a cost curve, and is used to optimize the business of the organization.

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3 years ago