Answer:
B) They are employees.
Explanation:
They work for Sally. Sally hired Truly, Glen and Fred and pays them an hourly wage, and provides the tools that they use to perform their work. She also supervises and directs their job. They are not independent contractors due to the direct relation that exists between them and the fact that they obey Sally's orders.
Answer:
Total FV= $21,043.97
Explanation:
Giving the following information:
Interest rate= 7% compounded annually
<u>To calculate the total accumulated future value, we need to use the following formula on each deposit:</u>
FV= PV*(1+i)^n
Deposit 1= 3,500*1.07^5= 4,908.93
Deposit 2= 5,300*1.07^4= 6,947.22
Deposit 3= 7,500*1.07^3= 9,187.82
Total FV= $21,043.97
Answer:
b. Face value plus unamortized premium
Explanation:
When bonds are sold for more than their face value, such bonds are to be sold on <em>premium. </em>Mean that the in addition to the face value, an unamortized premium has been paid.
Such cases arises when the coupon payments made by bond are greater than the market rates.
Example: Let's say Samsung issues bonds at<u> 1</u><u><em>0% coupon rate for 5 years</em></u> bond while the market rate for the same <em><u>5 year bond is 8%</u></em>. The Samsung is said to have sold the bond on <u>premium.</u>
Answer:
Make the keychains day by day and give them to the consumer over time.
Explanation:
Also, offer a small discount for the inconvenience.
The dollar markup is $2.99
The dollar markup is computed by deducting the cost from the selling price.
<span>6.99 - 4 = </span>2.99<span> is the dollar mark-up based on cost.</span>
<span>2.99/4 = 0.7475 x 100% = 74.75% is the percentage mark-up based on cost.</span>
