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3 years ago

Why is the block letter format commonly used for business letters

Business

2 answers:

Tasya [4]3 years ago

5 0

Answer:

It is easy to scan for key information. (Apex)

Explanation:

kotegsom [21]3 years ago

3 0

Answer: easy to scan for key information

Explanation:

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A 20-year bond of a firm in severe financial distress has a coupon rate of 13% and sells for $905. The firm is currently negotia

stich3 [128]

Answer:

(a) The Stated yield to maturity is 14.474%

(b) The Expected yield to maturity is 7.427%

Explanation:

(a) FV = Face value = -$1,000.00

PV = Bond price = $905.00

PMT = Coupon = -$130.00

N = Years to mature x frequency = 20

CPT > I/Y = Rate = 14.4737

Yield to Maturity = Rate * Frequency /100 = 14.474%

Therefore, The Stated yield to maturity is 14.474%

(b) Coupon payment will become half of the precious = 130/2 = $65

FV = Face value = -$1,000.00

PV = Bond price = $905.00

PMT = Coupon = -$65.00

N = Years to mature x frequency = 20

CPT > I/Y = Rate = 7.4267

Yield to Maturity = Rate * Frequency /100 = 7.427%

Therefore, The Expected yield to maturity is 7.427%.

4 0

4 years ago

A gardener is filling 5 planter boxes (cubical pots) with potting soil. Each box is 1.5 feet long on each side. The gardener has

Daniel [21]

Answer:

There is not enough potting soil. The gardener needs 1.875 cubic feet more potting soil.

Explanation:

In the given scenario we need to calculate the total volume of the cubic boxes.

Cubic volume = side * side * side

Cubic volume = 1.5 * 1.5 * 1.5

Cubic volume = 3.375 cubic feet

Since there are 5 planter boxes

Total volume = 3.375 * 5 = 16.875 cubic feet

The volume of soil in the 3 bags is

Volume of soil in bags = 3 * 5 cubic feet = 15 cubic feet

So there is insufficient soil to fill the planter boxes.

The difference is

Difference = 16.875 - 15

Difference = 1.875 cubic feet of soil is short

4 0

3 years ago

Which of the following statements regarding receivables is correct? A. Receivables occur when a business loans money to another

erica [24]

Answer:

The correct answer is letter "A": Receivables occur when a business loans money to another party.

Explanation:

Account receivables are the result of providing goods or services to customers on credit. The receivable is a promissory note of repayment in a determined period and considering the increase of the purchase value because of interest. Accounts receivable help the producer to remove unnecessary inventory of its warehouse by allowing customers to take the products on account.

<em>Receivables can also be the result of lending money to another firm.</em>

4 0

3 years ago

A period of time during which a person rests and is free from daily<br> obligations.

kozerog [31]

Answer:

Vacation

Explanation:

Vacation is a period of time during which a person rests and is free from daily obligations, such as work and school.

I hope this helps

3 0

3 years ago

In your review of ABC Company's financials, you note that Receivables have increased approximately 200% from the previous year,

katen-ka-za [31]

Answer:

Fictitious revenues

Explanation:

The fictitious revenue is a revenue that do not belong to the organization but it would be added to the revenue section intentionally.

Therefore as per the given situation, in the case when the fraud is involved in the financial statement so this is a type of fictitious revnenues

hence, the same is to be considered

5 0

3 years ago

Why is the block letter format commonly used for business letters​

Why is the block letter format commonly used for business letters