The family of the boy will most likely sue the Gregors for not putting a fence around the pool in their backyard due to which their child has been injured.
<h3>What is a fence?</h3>
A fence is a structure built outside an area to cover it so that no one can escape or enter that area. It is a kind of a railing or a barrier usually made up of wood, wire, or steel bars.
If the Gregor family has put the fence around the pool in their backyard, then a ten-year-old boy can't able to enter the pool area which ultimately results in no injury to the boy. But the Gregor family has denied putting the fence which makes the ten-year-old injured when he jumps into the pool area.
Therefore, the injured boy's family will sue the Gregor family for not putting a fence around the pool area.
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Answer: (E) All of these options are true
Explanation:
The change in the accounting method is the process of changing the overall plan of the accounting in terms of gross income and the cash deduction. It is also change the material item in terms of treatment.
The form 3115 is one of the application that required in the accounting method. This application is filed with the proper request to the IRS to change the accounting method. The IRS basically provide the automatic procedure for obtain the automatic consent for changing the method.
Therefore, Option (E) is correct.
During the testing stage, a firm should take feedback from various stakeholders on how the solution meets the needs of the problems or concerns they shared with you in interviews.
Design thinking is a concept used by organizations including businesses to improve their products and services. It is a solution-based approach to dealing with issues. There are main stages in the process of design thinking. They are Empathize, Define, Ideate, Prototype, and Test.
The test stage is the final stage in which the solutions or products are tested to see if they meet the needs of the stakeholders. The designers will rigorously test the complete product and gauge the response of stakeholders. This can lead to modifications to the product. The goal is to understand the product and its users.
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Answer:
47,884.79 units of bonds
Explanation:
The units to be sold to arise $87.9 million will be equal to the
$87.9 million / divided by the bond price
The price of a bond is the present value (PV) of the future cash inflows expected from the bond discounted using the yield to maturity. These cash flows include interest payment and redemption value
The price of the bond can be calculated as follows:
Step 1
PV of interest payment
Semi-annual coupon rate = 5.92/2 = 2.96%
Interest payment =2.96%× 2,000= 59.2
Semi annual yield = 6.67%/2 = 3.335
PV of interest payment
= A ×(1- (1+r)^(-n))/r
= 59.2× (1-(1.03335)^(-2×20))/0.03335)
= 1,297.22
Step 2
PV of redemption value
PV = FV× (1+r)^(-n)
= 2,000 × (1+0.03335)^(-2× 20)
= 538.43
Step 3
Price of bond =
= 1297.22 + 538.43
= $1835.65
Step 4
Units to be used
= $87.9 million/ $1,835.65
= 47,884.79 units
