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Serjik [45]
3 years ago
9

Kevin purchased a lawn mower. The blades were so dull that the mower could not cut the grass in his backyard. Due to the existen

ce of _____ warranties, Kevin can return the mower and expect to receive a replacement that will cut grass.
Business
1 answer:
tamaranim1 [39]3 years ago
7 0

Answer:

implied

Explanation:

Warranty is an assurance that a product will do the work for which it was intended and be of the same quality and grade like others of its class received by a buyer of a product from the seller whether expressly stated or not . This follows that where the product is discovered to be substandard or defective, the seller will either repair or replace the product in line with the terms and conditions of sales.

Implied Warranty is a quality assurance statement given by a buyer to a seller that is neither oral nor written but generally understood by law to be associated with products and services of that industry

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Bonds owned by investors whose names and addresses are recorded by the issuing company, and for which interest payments are made
Natali5045456 [20]

Answer: Registered Bonds

Explanation:

A registered bond is one that has the owner's name and contact information recorded by the issuer so as to ensure that interest payments depending on the bond terms  are rightly given out and also  to track claims to coupons.The two ways bonds can be registered and transferred

1. Physically by printing owners details at the back of the certificate and BY signing or endorsing a certificate during transfer of bonds,

2. Electronically  bY recording on a system database for ownership claim and for transfer of bonds.

The opposite of a Registered bond is a Bearer bond, Here, the owner"s details and information are not recorded.

4 0
3 years ago
3
Levart [38]

Answer:

Explanation:

Sei nn foi mal

5 0
3 years ago
You are considering two investment alternatives. The first is a stock that pays quarterly dividends of ​$0.38 per share and is t
djyliett [7]

Answer:

The​ 1-year HPR for the first stock is 16.18%

Explanation:

The computation is shown below:

For investment 1 -

The formula is shown below:

= (Income × quarter ) +Value at the end  - Value at the beginning  ÷ (Value at the beginning) × 100

= {($0.38 × 2) + $29.25 - $25.83} ÷ ($25.83) × 100

= ($0.76 +  $29.25 - $25.83) ÷ ($25.83)  × 100

= ($4.18 ÷ $25.83)  × 100

= 16.18%

3 0
3 years ago
Keenan Industries has a bond outstanding with 15 years to maturity, an 8.75% coupon paid semiannually, and a $1,000 par value. T
mixas84 [53]

Answer:

b. 5.27%

Explanation:

First, find the PV of the bond today. With a financial calculator, input the following and adjust the variables to semi-annual basis;

Face value; FV = 1000

Maturity of bond; N = 15*2 = 30

Semiannual coupon payment = (8.75%/2)*1000 = 43.75

Semi annual interest rate; I/Y = 3.25%

then compute Price; CPT PV= 1,213.547

Next, with the PV , compute the yield to call (I/Y) given 6 years;

Maturity of bond; N = 6*2 = 12

Semiannual coupon payment = (8.75%/2)*1000 = 43.75

Price; PV= -1,213.547

Face value; FV = 1,050

then compute Semiannual interest rate; CPT I/Y = 2.636%

Convert the semiannual rate to annual yield to call = 2.636*2 = 5.27%

7 0
3 years ago
Consider firms that introduce new​ products, such as DVDs in 2001. When firms introduce new​ products, how do they typically det
lyudmila [28]

Answer:

D. estimate price elasticity of demand by experimenting with different prices.

Explanation:

Price elasticity of demand is an economic concept which is a measure of the sensitivity of customers willingness to buy something to its price. If the customers readily change their buying behavior with a change in price of the product, it would mean that the demand for the product is elastic.

When firms are introducing new products, they generally determine the best selling price by experimenting with different prices and observing the buying behavior of customers. Then the choose the price which produces the maximum amount of revenue for the firm, which entails the price of the product and number of units sold.

5 0
3 years ago
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