Thank you for posting you question here at brainly. I think the statement "<span>Consumers have certain rights that do not carry corresponding responsibilities." is false. Below are the right of the consumer:
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Right to Safety</span>
</span>
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Responsibility of Right to Safety</span>
</span>
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Right to Be Informed</span>
</span>
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Responsibility of Right to Be Informed</span>
</span>
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Right to Choose</span>
</span>
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Responsibility of Right to Choose</span>
</span>
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Right to Be Heard</span>
</span>
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Responsibility of Right to Be Heard</span>
</span>
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Right to Redress</span>
</span>
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Responsibility of Right to Redress</span>
</span>
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Right to Consumer Education</span>
</span>
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Responsibility of Right to Consumer
Education</span>
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Right to Healthy Environment</span>
</span>
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Responsibility of Right to Healthy
Environment</span>
</span></span></span>
Answer:
$1,035,459.51
Explanation:
First we must determine the issuing value:
- cash flow 1 = $60,000
- cash flow 1 = $60,000
- cash flow 1 = $60,000
- cash flow 1 = $60,000
- cash flow 1 = $1,060,000
using an excel spreadsheet to calculate the bond's price with a discount value of 5%:
the bonds were sold at $1,043,294.77
the effective interest expense = bond's price x market interest = $1,043,294.77 x 5% = $52,164.74
bond's value = bond's price - (coupon payment - effective interest) = $1,043,294.77 - ($60,000 - $52,164.74) = $1,035,459.51
Answer:
Costs are subtracted from revenues.
Explanation:
As we know
Profit is calculated when the cost is subtracted from revenues.
In mathematically,
The profit = Revenues - cost
The profit which would be calculated above is shown in the debit side of the income statement.
As the income statement records all the expenses or cost incurred and all the revenues which are generated
Answer:
5.71%
Explanation:
The after tax cost of debt=pretax cost of debt*(1-t)
where t is the tax rate of 35% or 0.35
pretax cost of debt=yield to maturity
The yield to maturity can be determined using rate formula in excel as below:
=rate(nper,pmt,-pv,fv)
nper is the number of coupon interest payable by the bonds i.e 12 coupons in 12 years
pmt is the annual coupon=$1000*9.5%=$95
pv is the current market price-flotation cost=$1,100-$48=$1052
fv is the face value of $1000
=rate(12,95,-1052,1000)=8.78%
After tax cost of debt=8.78%
*(1-0.35)=5.71%
