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Elina [12.6K]
3 years ago
15

Do you agree with the decision from below mention case?

Business
1 answer:
Lyrx [107]3 years ago
8 0

Answer:

I do agree with the decision.

Explanation:

Luckily for all of us, employees are still human beings. As such, we are allowed certain privileges when using a company's car, e.g. we are allowed to go to a coffee shop to buy a cup of coffee or eat something while we are using the car. In this case, Mandel went to the bank, which was only 1 block away form his route, which is still under the normal scope of what an employee can do. He could argue that he wanted to check his bank account were he deposits his paycheck.

It is very different if Mandel does something irresponsible like going out with friends or drinking. In no way these actions can be related with his normal employment activities.

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XZYY, Inc. currently has an issue of bonds outstanding that will mature in 31 years. The bonds have a face value of $1,000 and a
Mamont248 [21]

Answer:

7.31%

Explanation:

The question is pointing at the bond's yield to maturity.

The yield to maturity can be computed using the rate formula in excel as provided below:

=rate(nper,pmt,-pv,fv)

nper is the number of times the bond would pay annual coupons which is 31

pmt is the annual coupon payment i.e $1000*8.0%=$80.00

pv is the current price of the bond which is $1,084

fv is the face value of the bond which is $1,000

=rate(31,80,-1084,1000)=7.31%

The yield to maturity is 7.31%

That is the annual rate of return for an investor that holds the bond till maturity.

3 0
3 years ago
Your mortgage is an ARM with a 1 year adjustment interval, 4% margin, and a 2% periodic cap. Your initial APR on this loan was 4
Alex17521 [72]

The APR that the monthly payments is being calculated on today will be 10.5%.

<h3>How to calculate the APR?</h3>

It should be noted that the annual percentage rate(APR) will be calculated as:

= Index + Margin

Based on the information given, the APR will be:

Index = 4.5 - 4.0 = 0.5

APR will be:

= (0.5 + 6) + 4

= 6.5 + 4.

= 10.5%

Learn more about APR on:

brainly.com/question/2772156

#SPJ12

5 0
2 years ago
On January 1, 2021, Cullumber Inc. granted stock options to officers and key employees for the purchase of 21,000 shares of the
Alenkinab [10]

Answer & Explanation:

December 31, 2021

Compensation Expense                                              164,200

                        Paid-in Capital (328,400 x 0.5)                        164200

                      To record compensation expense

April 1, 2022

Paid-in Capital                                                               32,840

          Compensation Expense (328,400 x 2100/21000)    32,840

         To record termination of stock option

December 31, 2022

Compensation Expense                                                147,780

          Paid-in Capital (328,40 x 1/2 x 18900/21000)              147,780

        To record compensation expense

March 31 , 2023

Cash ( 12,600 x $25)                                                        315,000

Paid-in Capital (328,400 x 12,600/21,000)                      197040

            Common Stock (21,000 x $10)                                            126,000

             Paid-in Capital in Excess of Par                                         386,040

         To record exercise of stock option

December 31, 2023

6,300 stock options not exercised (21,000 - 2,100 - 12,600)

5 0
3 years ago
The double-entry system requires that each transaction must be recordedA)in at least two different accounts.B)in two sets of boo
Svetlanka [38]

Answer:

A)in at least two different accounts

Explanation:

It will be needed to split the transaction consequences in at least two account, as we need one value on the debit and one value in the credit to keep the double-entry at balance.

Is important to notice that it state "at least" there are entries which will use more accounts, but none entry will be compose of just one account.

3 0
3 years ago
Which savings option divides your investment among multiple companies?
Kipish [7]

Answer:

napim

Explanation:

napim

5 0
3 years ago
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