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lisabon 2012 [21]
2 years ago
13

You deposit $1,000 into a 2 year Certificate of Deposit (CD), which earns 2% interest per year. During those 2 years, the inflat

ion rate runs 3% per year. Which statement is accurate regarding what you can purchase at the end of the CD's term? *
Business
1 answer:
Anton [14]2 years ago
6 0

Answer:

The purchasing power will be lesser reason been that the inflation rate of 3% is higher than the interest rate of 2% that is earn by you

Explanation:

Based on the information given the statement that is accurate based on what you can purchase at the end of the Certificate of Deposit ( CD's) term is that your purchasing power will be lesser reason been that the inflation rate of 3% per year is higher than the interest rate of 2% per year that is earn by you .

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Which are major situational considerations or variables in determining whether or not to involve a group in the decision-making
Oksana_A [137]

Answer:

The correct answer will be Option B "Organizational complexity ".

Explanation:

  • A Complex organization does indeed have a broader organizational structure or even more personnel in each group, mission, or team.
  • Complexity can sometimes be susceptible to multiple actors, various organizational structures, as well as different service will be produced that would need to be implemented.

The other given choices are not related to the given scenario. So that the above would be the appropriate choice.

5 0
2 years ago
A bond with a $1,000 par value sells for $895. The coupon rate is 7%, the bonds mature in 20 years, and coupon interest is paid
LuckyWell [14K]

Answer:

After tax cost of debt is 5.239%

Explanation:

Given:

Face value = $1,000

Bond price = $895

Coupon payments = 0.035×1,000 = $35 (coupon payment is paid semi-annually so 7% is divided by 2)

Maturity = 20×2 = 40 periods

Using bond price formula:

Bond price = Present value of face value + present value of coupon payments

Use excel function =RATE(nper,pmt,PV,FV) to calculate cost of debt.

substituting the values:

=RATE(40,35,-895,1000)

we get Pre-Tax cost of debt = 4.03% semi- annual

Annual rate is 4.03%×2 = 8.06%

Note: PV is negative as bond price is cash outflow.

After tax cost of debt = 8.06(1 - 0.35)

                                     = 5.239%

3 0
3 years ago
1. On December 31st, 2012, Bingo Corp. borrowed $50,000 from a bank. Half of the loan was to be repaid in 2013, and the other ha
olga2289 [7]

Answer:

undervalued assets an liabilities by 50,000

Explanation:

The financial statement for the fiscal year ended on December 31th, 2012

will have the following mistake:

Liabilities are undervalued by 50,000

Cash wll be undervalued by 50,000

As the note payable is not recorded neither the cash receipts from the loan.

Because this transaction is missing, we are not doing a correct representation of reality. This account will be undervalued.

4 0
3 years ago
The following information has been provided by Hale Company: • Advertising expense $8,800; • Interest expense $3,800; • Rent exp
klemol [59]

Answer:

Hale’s total expenses in calculating operating income is $57000

Explanation:

Operating income represents profit realized in carrying out Hale Company primary activities

Only expenses incurred in are considered in calculation of Hale`s Operating Income

<em>Cost of Sales</em>

Cost of goods sold                        22200              

<em>Administration</em>

Rent expenses for store                18000

Depreciation                                    8000

<em>Selling and distribution expenses</em>

Advertising                                       8800

Total Expenses                               57000

6 0
3 years ago
Help help buddies pelsss I’ll give points I need straightforward answer ASAP
Firlakuza [10]

Answer:

1

Explanation:

1 divided by 1 is 1

100% in number form is 1

4 0
2 years ago
Read 2 more answers
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