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Readme [11.4K]
3 years ago
5

A local bank sponsors a charity run that raises funds for a non-profit building wells and schools in Mali, Africa. How would the

use of the bank’s funds for this fundraiser be justified when its goal is to maximize profit?
Business
1 answer:
const2013 [10]3 years ago
5 0

Answer:

The use of the bank's funds for this fundraiser would be justified when the bank's goal is to maximize profit by:

giving the bank public relations boost, thereby improving its public image.

Explanation:

The creation of publicity opportunities through this fundraiser enhances the bank's activities.  Awareness of its services is created through the sponsorship.  People perceive the bank as a charity-supporting organization, which cares for the welfare of the less-privileged.  The fundraiser creates huge goodwill.  Public relation is, therefore, critical in helping the bank to engage its diverse publics across various platforms, including the accruing intangible benefits that derivable from the seemingly unprofitable effort.

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Every few months for the past six years, Camille has ordered between $1,000 and $1,250 worth of crickets from Khan's Crickets, d
FrozenT [24]

The result of this mistake on the order form is that Khan's Crickets should verify from Camille the actual order amount intended.

We may factor in the fact that the number of crickets will show the correct quantity that Camille requires, then Khan should supply only the quantity on the order form and request for a corrected or revised order form from Camille.

Thus, the result is that Khan's Crickets will still supply crickets with an invoice worth $1,000, not adhering to the mistaken total sum.

Related link for similar mistake on order form at brainly.com/question/17251413

3 0
2 years ago
Rock Solid Concrete Company does not offer customers a cash discount for early payment of their accounts receivable. As a result
eimsori [14]

Answer:

Time value of money

Explanation:

The reason is that the money invested today worth more tomorrow. If we have option to pay our supplier $5m after a year is more suitable option than paying him today. The reason is that the amount paid today will be worth $5m but if we pay our supplier after a year then in real terms we have paid the supplier less because money lost its worth by certain percentage during the year. So paying late makes the liability cheaper required their are no interest or other costs.

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3 years ago
The deterioration of many municipal pipeline networks across the country is a gowing conoer technology proposed for pipeline reh
Misha Larkins [42]

Answer:

a. Compare the mean tensile strengths at the 95% confidence level.

Explanation:

5 0
3 years ago
If information processing was perfect, many studies conclude that individuals would tend to make __________ decisions using that
blondinia [14]

Answer: a. less than fully rational; behavioral biases

Explanation:  Information processing errors consist of forecasting errors , overconfidence  and conservatism which can lead investors to misestimate the true probabilities of possible events or associated rates of return; and assuming information processing was perfect, individuals would tend to less-than-fully rational decisions due to behavioral biases as confirmed by several studies.

4 0
3 years ago
Kilgore Natural Gas has a $1,000 par value bond outstanding that pays 19 percent annual interest. The current yield to maturity
Umnica [9.8K]

The question is incomplete as the maturity dates are missing. The complete question is as follows,

Kilgore Natural Gas has a $1,000 par value bond outstanding that pays 19 percent annual interest. The current yield to maturity on such bonds in the market is 11 percent. Compute the price of the bonds for these maturity dates:

a. 40 years  

 b. 17 years

 c. 8 years

(Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payments are annual.)

Answer:

a.

Bond Price  = $1716.084065 rounded off to $1716.08

b.

Bond Price  = $1603.90355 rounded off to $1603.90

c.

Bond Price  = $1411.68982 rounded off to $1411.69

Explanation:

To calculate the quote/price of the bond today, which is the present value of the bond, we will use the formula for the price of the bond. As the bond is an annual bond, we will use the annual coupon payment, number of periods and annual YTM. The formula to calculate the price of the bonds today is attached.

<u>a. 40 Years </u>

Coupon Payment (C) = 1000 * 0.19 = $190

Total periods remaining (n) = 40

r or YTM = 0.11 or 11%    

 

Bond Price = 190 * [( 1 - (1+0.11)^-40) / 0.11]  + 1000 / (1+0.11)^40

Bond Price  = $1716.084065 rounded off to $1716.08

<u>b. 17 Years </u>

Coupon Payment (C) = 1000 * 0.19 = $190

Total periods remaining (n) = 17

r or YTM = 0.11 or 11%    

 

Bond Price = 190 * [( 1 - (1+0.11)^-17) / 0.11]  + 1000 / (1+0.11)^17

Bond Price  = $1603.90355 rounded off to $1603.90

<u>c. 8 Years </u>

Coupon Payment (C) = 1000 * 0.19 = $190

Total periods remaining (n) = 8

r or YTM = 0.11 or 11%    

 

Bond Price = 190 * [( 1 - (1+0.11)^-8) / 0.11]  + 1000 / (1+0.11)^8

Bond Price  = $1411.68982 rounded off to $1411.69

8 0
3 years ago
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