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3 years ago

If there is little demand for a product, the price for that product will

2 answers:

5 0

C because when you want something less they make it cheaper hoping you’ll want it more. McDonald’s coffee is cheaper then Starbucks making it a bargain and poor people want it

Svetllana [295]3 years ago

4 0

If there is little demand for a product, the price would be lower because not many people want that product, however if the price is lower they may be able to sell more of said product.

Hope this helps!!!

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Union Local School District has bonds outstanding with a coupon rate of 4.9 percent paid semiannually and 20 years to maturity.

RUDIKE [14]

Answer:

Ans. Price of the bond is $9,250.57

Explanation:

Hi, first we need to establish the semi-annual coupon of the bond and the semi-annual discount rate (YTM semi-annually)

Coupon=10000*(4.9%/2)= $245

To turn the annaul YTM to semi-annual, we have to use the following equation

$YTM(semi-annual)=(1+YTM)^{\frac{1}{2} } -1$

$YTM(semi-annual)=(1+0.056)^{\frac{1}{2} } -1=0.0276$

After all this, we are ready to find the price, here is the math of this.

$Price=\frac{245((1+0.0276)^{39}-1) }{0.0276(1+0.0276)^{39} } +\frac{(245+10000)}{(1+0.0276)^{40} } =9250.57$

Best of luck.

4 0

4 years ago

Comfort Cords produces curtain cords. In the process of manufacturing those cords, it also produces hair ties which are sold sep

hoa [83]

Answer:

$609,000

Explanation:

The revenue in June for Comfort Cords is the sum of the revenue from cords and hair ties.

The revenue from each is the product of the unit selling price and the quantity sold.

= 50000 * $12 + 9000 * $1

= $600,000 + $9000

= $609,000

3 0

4 years ago

What is a good good excuse to give your Professor for not passing homework in in time because your sick and have no access to in

In-s [12.5K]

Answer:

Dear Professor, I just wanted to let you known I failed my homework because, after I moved I have no access to the internet. I am very sorry.

5 0

3 years ago

Simpson and Homer Corporation acquired an office building on three acres of land for a lump-sum price of $3,350,000. The buildin

Volgvan

Answer:

Building = $1,340,000

Land = $1,675,000

Furniture and fixtures = $335,000

Explanation:

This is an example of Basket Asset Purchase whereby a number of assets purchased as one package.

Initial value of each asset is are determined by the Basket Asset Purchase based on their relative fair market value as follows:

Building = $3,350,000 × [$2,560,000 ÷ ($2,560,000 + $3,200,000 + $640,000)] = $3,350,000 × 0.4 = $1,340,000

Land = $3,350,000 × [$3,200,000 ÷ ($2,560,000 + $3,200,000 + $640,000)] = $3,350,000 × 0.5 = $1,675,000

Furniture and fixtures = $3,350,000 × [$640,000 ÷ ($2,560,000 + $3,200,000 + $640,000)] = $3,350,000 × 0.1 = $335,000

Therefore, the initial values of the building, land, and furniture and fixtures would be $1,340,000, $1,675,000, and $335,000 respectively.

6 0

4 years ago

Some individuals argue that accountants should focus on producing financial statements and leave the design and production of ma

dusya [7]

Answer:

If the accountants of an organization are to concentrate only on financial information then there will be no advantage. The both party (organization and the accountant) might suffer if this happened.

Moreover, it would be very costly to have two systems rather than one that captures and processes operational facts at the same time as it captures and reports financial facts.

The main disadvantage of this is that accountants would ignore much relevant information about the organization's activities. To the extent that such non-financial information (e.g., market share, customer satisfaction, measures of quality, etc.) is important to management, the value of the accounting function would decline.

Explanation:

3 0

3 years ago