Answer:
183.00%
449.15%
Explanation:
The computation of annual percentage rate and the effective annual rate shown below:
Annual percentage rate is
= Interest rate per month × Total Number of months in a year
= 15.25% × 12 months
= 183.00%
The effective annual rate is
= (1 + nominal interest rate ÷ periods)^ number of period - 1
= (1 + 15.25% ÷ 12)^12 - 1
= 449.15%
Answer:
D. A credit to Other Financing Sources for $5,000.
Explanation:
As the equipment is used for governmental service and sold, the journal entry to record the disposal is as follows:
Debit Cash $15,000
Debit Accumulated Depreciation $30,000
Credit Equipment $40,000
Credit Gain on sale of equipment $5,000
Calculation: Book value of equipment = Cost price - Accumulated depreciation = $40,000 - $30,000 = $10,000
Therefore, Gain on sale of equipment = Disposal value - Book value = $15,000 - $10,000 = $5,000.
Therefore, option A is correct. Option B is also correct. Option C is also correct. Therefore, option D is not correct and it is the answer as it will not include in the journal.
Answer:
There are four types of organizational stressors: task demands, physical demands, role demands, and interpersonal demands.
For air traffic controllers, task demands are probably the most common organizational stressor that they experience.
Among the task demands, we have the need of quick decisions, critical decisions, and the fact that some information may be incomplete.
The job of an air traffic controller is complex, difficult, requires taking quick, and specially, critical decisions all the time. A bad decision by a traffic controller can be very problematic, and even prove fatal, because of the delicate nature of the job. For all these reasons, air traffic controllers are likely to be subjected to this specific organizational stressor.
Answer:
Seasonal.
Explanation:
A trade discount can be defined as a reduction in the price of goods given by a manufacturer to a wholesaler or retailer when they buy units of goods in larger quantities. This ultimately implies that, a trade discount is a percentage reduction in price given by a manufacturer to a wholesaler or retailer in order to encourage them to buy the goods in larger quantities and thus, increase revenue and profits.
Also, a seasonal discount can be defined as a reduction in the price of goods given during off-peak periods (off-season) in order to encourage customers to purchase a particular product.
Hence, when a firm or store offers a price reduction to customers who buy during off-peak periods throughout the year, we say the firm is giving a seasonal discount.
Answer:
2.11%
YTM 0.089142162
YTC 0.068070103
Difference: 0.021072059 = 0.0211 = 2.11%
Explanation:
To calculate each rate we must solve for a rate at which the future coupon payment and maturity (or call value) equals the market price:
This is solve for excel and goal seek tool
It could also be solve with a financial calculator
YTC:
Coupon payment: $ 120
time 5 yeaars
rate 0.068070103 (solved with excel)
PV $494.5766
Maturity: $ 1,050 (call price)
time 5.00
rate 0.068070103
PV 755.42
PV c $494.5766
PV m $755.4235
Total $1,250.0002
YTM:
Cuopon payment: $ 120
time 15 years
rate 0.089142162 (solved with excel)
PV $972.2006
Maturity $ 1,000.00
time 15 years
rate 0.089142162 (solved with excel)
PV 277.80
PV c $972.2006
PV m $277.7995
Total $1,250.0001
