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White raven [17]
3 years ago
6

Williams Company plans to issue bonds with a face value of $605,000 and a coupon rate of 6 percent. The bonds will mature in 10

years and pay interest semiannually every June 30 and December 31. All of the bonds are sold on January 1 of this year. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answer to whole dollars.) Determine the issuance price of the bonds assuming an annual market rate of interest of 6 percent.
Business
1 answer:
marysya [2.9K]3 years ago
7 0

Answer:

$605,000

Explanation:

According to the scenario, computation of the given data are as follows,

Face value = $605,000

Coupon rate = 6%

Rate of interest = 6%

As coupon rate and market interest rate is similar, then in this scenario issuance price of the bond is equals to face value of the bond.

Then, Issuance price of bonds = Face value of bonds

Issuance price of bonds = $605,000  

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World Grocer sells high-quality products and grocery items that are unique to its highly populated area; in addition, it offers
Rzqust [24]

Answer:

<u>Focused-differentiation.</u>

Explanation:

A focused differentiation strategy is a strategy used by organizations to reach a group of customers through the marketing of differentiated products and services that provide added benefits to the consumer.

This strategy is characterized by the combination of the business strategies developed by <em>Porter</em>, which are:

  • Cost leadership
  • Differentiation and
  • Focus.

The greatest benefits added to this strategy are the increase in consumer loyalty, since offering targeted and differentiated services guarantees the improvement of service, quality and increase of the company's reputation.

There is also the possibility of increasing profits, due to the sale of differentiated and exclusive products, which may have a higher purchase and sale value.

8 0
3 years ago
Swifty Company issued $456,000 of 10%, 20-year bonds on January 1, 2020, at 101. Interest is payable semiannually on July 1 and
Roman55 [17]

Answer:

Swifty Company

a) Issuance of the bonds:

Debit Cash Account $460,560

Credit Bonds Payable $456,000

Credit Bonds Premium Amortization $4,560

To record the bonds issue and related premium.

b) Payment of interest and related amortization on July 1, 2020:

Debit Interest on Bonds $22,686

Debit Bonds Premium Amortization $114

Credit Cash Account $22,800

c) Accrual of interest and the related amortization on December 31, 2020:

Debit Interest on Bonds $22,686

Debit Bonds Premium Amortization $114

Credit Cash Account $22,800

Explanation:

The total cash received from the bonds issuance is $456,000 x 101% = $460,560.  This amount includes the bonds premium amounting to $4,560, which is the difference between the amount received and the actual value of the bonds.  This amount will be amortized on a straight-line basis over 20 years, semi-annually at $114.

8 0
3 years ago
which of the following statements is accurate? group of answer choices nonverbal communication accounts for a higher percentage
agasfer [191]

Nonverbal communication accounts for a higher percentage of communication effectives than does verbal communication.

Nonverbal communication (NVC) involves the exchange of information using nonverbal cues such posture, eye contact, facial expressions, gestures, and body language. It makes use of touch, voice, kinesics, distance (proxemics), physical settings, and appearance, as well as social cues (haptics). It may also involve the use of time (chronemics), eye contact, staring while speaking or listening, frequent glances, fixation patterns, pupil dilation, and blink rate (oculesics).

Charles Darwin's 1872 book The Expression of the Emotions in Man and Animals served as the foundation for the study of nonverbal communication. After observing how animals such as lions, tigers, dogs, and others interacted with one another and realized they also used gestures and facial expressions to communicate, Darwin started to study nonverbal communication. Nonverbal communication was investigated for the first time, and its usefulness was questioned.

Learn more about Nonverbal communication, here

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6 0
1 year ago
A company earned $6,125 in net income for october. its net sales for october were $17,500. its profit margin is:__________
julia-pushkina [17]

Profit Margin = Net Income/Net Sales

Profit Margin = $6,125/$17,500 = 0.35= <u>35%</u>

<u />

The profitability of your company can be gauged by looking at your profit margin. How much of each dollar of sales or services is retained as profit is stated as a percentage of those profits. In business, the profit margin is calculated by dividing the net income by the net sales or revenue. To calculate net income, or net profit, a business simply deducts operating costs from sales.

The difference between gross and net profit margins

While a high gross profit margin and solid operational profit margin are great signs, a low net profit margin indicates wasteful spending on non-core business functions. It's a sign that your running costs are higher than the price you're charging for your products or services if the operational profit margin is negative.

<u />

To know more about Profit Margin refer here:

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8 0
1 year ago
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Tems11 [23]

What do you think it is

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