Please describe an effective leadership style

Abardeen Corporation borrowed $90,000 from the bank on October 1, 2016. The note had an 8 percent annual rate of interest and ma

djyliett [7]

Answer:

A) $0, no cash paid in 2016, both interest and principal were paid on March 31, 2017.

B) = [($90,000 x 8%) / 12] x 3 months = ($7,200 / 12) x 3 = $600 x 3 = $1,800

C) = $90,000 + $1,800 = $91,800

D) = ($600 x 6 months) + $90,000 = $3,600 + $90,000 = $93,600

E) = $600 x 3 months = $1,800

3 0

3 years ago

The equation MP L / PL = MP C / PC:

diamong [38]

Answer: D. is a necessary, but not sufficient, condition for the maximization of profits.

Explanation:

In the labor market, the condition for equilibrium is that marginal revenue product of labor will be equal to the wage rate, abd also that MPL/PL=MPK/PK.

It should be noted that the equation MPL/PL = MPC/PC is a necessary, but not sufficient, condition for profit maximization.

7 0

3 years ago

Determining the Proceeds from Bond IssuesMadison Corporation is authorized to issue $500,000 of 5-year bonds dated June 30, 2019

bearhunter [10]

Answer:

1.

Bond Price = $481599.8724 rounded off to $481599.78

2.

Bond Price = $519304.3373 rounded off to $519304.34

Explanation:

1.

To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = 500000 * 0.11 * 0.5 = 27500

Total periods (n)= 5 * 2 =10

r or YTM = 0.12 * 0.5 = 0.06

The formula to calculate the price of the bonds today is attached.

Bond Price = 27500 * [( 1 - (1+0.06)^-10) / 0.06] + 500000 / (1+0.06)^10

Bond Price = $481599.8724 rounded off to $481599.78

2.

Coupon Payment (C) = 500000 * 0.11 * 0.5 = 27500

Total periods (n)= 5 * 2 =10

r or YTM = 0.10 * 0.5 = 0.05

The formula to calculate the price of the bonds today is attached.

Bond Price = 27500 * [( 1 - (1+0.05)^-10) / 0.05] + 500000 / (1+0.05)^10

Bond Price = $519304.3373 rounded off to $519304.34

4 0

4 years ago

Trevor heard a burglar entering through a living room window.He grinned as he picked up his gun. Crouching behind the sofa in hi

ipn [44]

Answer: D. guilty of a homicide, or at least voluntary manslaughter.

Explanation:

Homicide is the act whereby a human being kills another person. A homicide can be reckless or accidental. Voluntary manslaughter is when someone else is killed unlawfully such as for self-defense.

Therefore, Trevor most probably be guilty of a homicide, or at least voluntary manslaughter.

5 0

3 years ago

Fowler, Inc., just paid a dividend of $2.60 per share on its stock. The dividends are expected to grow at a constant rate of 5.7

goldfiish [28.3K]

Answer:

a. Current price = $43.99

b. We have:

Price in four years = $52.03

Price in sixteen years = $101.76

Explanation:

a. What is the current price?

Using the Gordon Growth Model formula, we have:

Current price = (Dividend just paid * (100% + Dividend growth rate)) / (Rate of return – Dividend growth rate) = ($2.60 * (100% + 5.75%)) / (12% - 5.75%) = $43.99

b. What will the price be in four years and in sixteen years?

Using the Gordon Growth Model formula with an adjustment for number of years, we have:

Price in four years = (Dividend just paid * (100% + Dividend growth rate)^Number of years) / (Rate of return – Dividend growth rate) = ($2.60 * (100% + 5.75%)^4) / (12% - 5.75%) = $52.03

Price in sixteen years = (Dividend just paid * (100% + Dividend growth rate)^Number of years) / (Rate of return – Dividend growth rate) = ($2.60 * (100% + 5.75%)^16) / (12% - 5.75%) = $101.76

8 0

3 years ago