Answer:
Professional codes of conduct draw on these professional ethical principles as the basis for prescribing required standards of behaviour for members of a profession. They also seek to set out the expectations that the profession and society have of its members.
Answer:
The question is missing the below options:
$1,333.33
$1,401.49
$1,108.91
$1,282.16
$1,487.06
Monthly payment is $1,401.49 as shown below
Explanation:
In calculating the amount of each monthly payment, PMT formula in excel comes very handy.The formula is stated below:
PMT(rate,nper,pv,-fv)
The rate is the percentage of interest payable on the loan considering that repayment is made monthly, hence the rate in this case 9.2% divided by number of repayments in a year,12
rate=9.2%/12=0.007666667
nper is the number of times repayment would be made, which is calculated as five years multiplied by the number of repayments in a year i.e 5*12=60
pv is the actual amount borrowed , 80%*$84000=$67200
The fv future value is nil
PMT(0.007666667
,60,67200,0)
PMT=$1,401.49
Find attached as well.
Answer:
Answer for question :
The recent dividend payout by IBM was $3.00. IBM's dividends are expected to grow about 6.5% per year. If your required rate of return is 17%. What is the expected stock price two years from now. Round the answer to the nearest integer " is as explained below.
Explanation:
1. the expected stock price two years from now = 3 * 1.065^3/(0.17 - 0.065)
the expected stock price two years from now = 34.51
2. FV = 0, N = 8, PMT = 288, rate = 4%
use PV funciton in Excel
value at time 0 = 1939.03
Answer:
The correct answer is A. Account payable 750 Cash 750.
Explanation:
This problem requires us to tell the accounting entry a business will make when making payment against offices supplies puchased on credit.
When the business has bought it it would have made following entry
Offices supplies debit 750
to payable credit 750
On settlement the business will make entry as mentioned in option A.
Answer:
The answer is: Cobalt Sodas is not dealing with its main problem, which is the shift in consumer behavior
Explanation:
The main issue that Cobalt Sodas (CS) must address is the change in consumer behavior and to do this they must diversify their product lines.
Consumers are less interested now in beverages that are seen as unhealthy. They want to buy beverages considered to be healthy, so CS should start to develop a new product line of healthy beverages. If they sell "old style" cans that wouldn´t have a lasting positive impact. Maybe at the beginning they sell more cans but eventually their sales will keep falling until they diversity their product lines.
