Answer:
$8750.87
Explanation:
This is compound interest problem. The formula used to solve this would be:
Where
F is the future value (what we want, after 3 years)
P is the initial value (given 6900)
r is the rate of interest per period
here, 8% per year, so 8/4 = 2% per period (since compounded per quarter)
t is the time (3 years and compounding per year so times of compounding is 3*4 = 12), so t = 12
Substituting, we get our answer:
<u>There will be about $8750.87 at the account at the end of 3 years!</u>
Answer: Intellectual Capital
Explanation:
The value of a company that involves employee knowledge, skills,product development, etc which can provide a company competitive advantage over competitors is called Intellectual Capital and it is divided into
Human capital ----This involves employees, their knowledge, or know how and experience, which is an asset as it provides vital information towards contributing to the capital of the organization. A organization that retains talented employees ie with a lower employee turnover rate, shows its company has a high intellectual capital rate.
Other Intellectual Capital Involves Relational capital--- the relationship of a company withs its employees, customers, partners , stakeholders etc.
and Structural capital---which involves a company's unique process, policies, culture, mission and value statement, work structure etc.
Answer:
4. Under the imposter rule, Connie will be held liable.
Explanation:
AN IMPOSTER RULE is a legal principle affirming that an impostor’s endorsement of a negotiable instrument is not a forgery. Imposter refers to a person who engages in deception under an assumed name or identity. The impostor rule makes an indorsed check effective if the drawer was induced to issue the check by an impersonator of the payee.
The impostor receiving the check may indorse it at the drawer's bank. Hence, the rule makes the drawer of the instrument responsible for the loss because the bank accepted the endorsement in good faith. The imposter rule is based on the assumption that between the bank and the drawer, the drawer is in a better position to prevent the loss.
Answer:
D. A natural resource being mined.
Explanation:
The total assets comprise of current assets, fixed assets, intangible assets, and the wasting assets
The current assets include cash, stock, account receivable, etc
Fixed assets include plant & machinery, land, equipment, furniture & fittings, etc.
The intangible assets include patents, copyrights, goodwill, etc.
And, the wasting asset which comprises of natural resources like - oil, coal, etc. in which the depletion method is used instead of the depreciation method.
Answer:
T-note described in this problem is selling at a price of $876,205.93
Explanation:
The price of the bond can be computed using pv formula in excel as stated thus:
=-pv(rate,nper,pmt,fv)
rate is the semiannual yield which is the annual yield of 7.70% divided by 2
nper is the number of coupons payable by the bond over its three years' tenure given that coupon is paid twice a year i.e 3*2=6
pmt is the semiannual coupon payment=$1,000,000*3%*6/12=$15000
fv is the face value of $1,000,000
=-pv(7.70%/2,6,15000,1000000)=$876,205.93