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3 years ago

How is granite made i will give brainliest if right ?

Business

1 answer:

IRINA_888 [86]3 years ago

3 0

Answer:

Granite is a light-shaded molten stone with grains adequately huge to be obvious with the independent eye. It structures from the moderate crystallization of magma beneath Earth's surface. Stone is made basically out of quartz and feldspar with minor measures of mica, amphiboles, and different minerals. Granite slabs are gotten from unique locales that are known as quarries. Utilizing incredible machines, a mining organization mines and shoots crude rock out of the quarry. Processing Machines Cut the Slabs. After rock has first been mined out of the earth, it will be in an exceptionally harsh structure.

Explanation:

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Moss Co. issued $100,000 of five-year, 11% bonds with interest payable semiannually, at a market (effective) interest rate of 8%

leva [86]

The present value of the bond payable is $120,130.

<h3>What is the present value?</h3>

The present value of the bond is the sum of the the bonds discounted cash flows.

Present value can be calculated using a financial calculator:

Cash flow each year from period 1 to 10 : 11% x 100,000 = 11,000
Cash flow in period 20 : 100,000
Interest rate = 8%

Present value = $120,130.24

To learn more about present value, please check: brainly.com/question/26537392

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7 0

2 years ago

When it comes to fraud committed by an organization’s employees, the single most effective fraudprevention technique is _______.

Maurinko [17]

Answer:

Explanation:

5 0

4 years ago

Anson Jackson Court Company (AJC) The Anson Jackson Court Company (AJC) currently has $200,000 market value (and book value) of

ddd [48]

Answer:

7.38%

Explanation:

Calculation to determine what would be AJC's new WACC and total value

Using this formula

WACC and total value=(Equity)(Required rate of return on equity)+(Debt)(1-Tax rate)(Required rate of return on debt)

Let plug in the formula

WACC and total value=(0.6)(0.095)+(0.4)(1-0.4)(0.07)

WACC and total value=0.057+0.0168

WACC and total value=0.0738*100

WACC and total value=7.38%

Therefore would be AJC's new WACC and total value is 7.38%

5 0

3 years ago

A steel mill raises the price of steel by 7% which results in a 20% reduction in the quantity of steel demanded. The demand curv

Nana76 [90]

Answer:

Elastic demand

Explanation:

The price elasticity of demand is described as the sensitivity of demand to changes in its price. A product is price elastic when a small change in prices causes a significant change in quantity demanded. If a small change in price results in minimal impact in quantity demanded, the product is price inelastic.

Steel mill raised its prices by 7 percent. As a result, the demand declined by 20 percent. The demand decreased by a bigger rate than the change in price. It means a small change in price causes the demand to change significantly. Therefore, the demand curve is price elastic.

8 0

4 years ago

Imagine that you borrow $1,000 for one year and at the end of the year you repay the $1,000 plus $100 of interest. If the inflat

brilliants [131]

Answer:

Explanation:

Data provided as per the question

Nominal interest rate = 100%

Inflation rate = 7%

The computation of the real interest rate is shown below:-

Real interest rate = Nominal interest rate - Inflation rate

= 10% - 7%

= 3%

Therefore, for computing the real interest rate we simply deduct the inflation rate from the nominal interest rate.

7 0

3 years ago