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4 years ago

A business firm's interaction with the environment is a characteristic of an open system true or false

Business

1 answer:

Margarita [4]4 years ago

6 0

Answer:

True

Explanation:

An organization that works as an open system interacts with its environment in order to grow and continuously renew itself. This type of organization continuously receives inflows and feedback from the environment, while producing outflows into the environment.

In order for an organization to survive in the long-run, it must continuously adapt, change and grow just as any living organism. This approach is basically the standard approach used by almost all modern organizations.

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The bonds issued by the south foot bear a coupon rate of 7.5 percent, payable semiannually. the bonds mature in 6.5 years, sell

icang [17]

Answer: 7.5%

Explanation:

Given the following :

Coupon rate = 7.5% semi-annually = 0.0375

Coupon or interest payment per period = $37.5

Period (n)= 6.5 years * 2 = 13

Face value(f) = $1000

Price of bond = face value = $1000

Semiannual Yield to maturity = [(((f-p)/n) + C) / (f + p)/2]

Semiannual YTM = [(((1000 - 1000) / 13) + 37.5) / (1000 + 1000)/2]

Semiannual Yield to maturity = [(((0 /13) + 37.5) / 2000/2]

= 37.5 / 1000 = 0.0375 = 3.75%

Yield to maturity = 2 × Semiannual yield to maturity

Yield to maturity = 2 × 3.75% = 7.5%

4 0

3 years ago

Presented below is the trial balance of Pina Corporation at December 31, 2017. Debit CreditCash $ 198,550Sales $ 8,103,580Debt I

JulijaS [17]

Answer:

Pina Corporation

Balance Sheet at December 31, 2017

Non - Current Assets

Land $263,580

Buildings $1,041,550

Accumulated Depreciation-Buildings ($152,000) $889,550

Equipment $603,580

Accumulated Depreciation-Equipment ($60,000) $543,580

Debt Investments (long-term) $300,550

Equity Investments (long-term) $278,550

Franchises $160,000

Patents $195,000

Total Non-Current Assets $2,630,810

Current Assets

Inventory $598,550

Debt Investments (trading) (cost, $145,000) $156,580

Accounts Receivable $438,580

Allowance for Doubtful Accounts ($28,580) $410,000

Cash $ 198,550

Total Current Assets $1,363,680

Total Assets $4,051,650

Equity and Liabilities

Equity

Common Stock ($5 par) $1,003,580

Treasury Stock $194,580

Retained Earnings $79,550

Paid-in Capital in Excess of Par $81,550

Total Equity $1,359,260

Liabilities

Non-Current Liabilities

Notes Payable (long-term) $901,550

Bonds Payable $1,001,550

Total Non-Current Liabilities $1,903,100

Current Liabilities

Notes Payable (short-term) $93,580

Accounts Payable $458,580

Dividends Payable $137,550

Accrued Liabilities $99,580

Total Current Liabilities $789,290

Total Liabilities $2,692,390

Total Equity and Liabilities $4,051,650

Explanation:

A Balance Sheet shows the Balance of Assets, Liabilities and Equity as at the Reporting date.

See the Balance Sheet for Pina Corporation prepared above.

4 0

4 years ago

If a bank has more rate-sensitive liabilities than rate-sensitive assets, then a(n) _________ in interest rates will _________ b

allochka39001 [22]

If a bank has more rate-sensitive liabilities than rate-sensitive assets, then a decline in interest rates will decrease bank profits.

In economic accounting, a liability is defined as the future sacrifices of monetary advantages that the entity is obliged to make to different entities due to past transactions or other beyond activities

Property is what a business owns and liabilities are what a business owes. Each is indexed on an organization's balance sheet, an economic statement that shows an employer's monetary fitness. Assets minus liabilities equals fairness, or an owner's net well worth.

A liability is something a person or agency owes, generally an amount of cash. Liabilities are settled over time thru the switch of financial benefits which include cash, items, or services.

Learn more about liabilities here: brainly.com/question/24534918

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4 0

2 years ago

For a company with significant uncollectible receivables, the direct write-off method is unsuitable because ________. it oversta

dem82 [27]

Answer:

. it violates the matching principle

Explanation:

The direct write-off method can be regarded as accounting method whereby uncollectible accounts receivable are been written off as a bad debt.This method can be regarded as one involving the charging of bad debts to expense in a case whereby

individual invoices is been identified in that instance as uncollectible.

Matching principle imcan be regarded as accounting principle which states that expenses that is been incurred during a period needed to be recorded at this same particular period that related revenues are been earned. It is principle that stressed that expenses must be invited by businesses to earn revenues.

It should be noted that For a company with significant uncollectible receivables, the direct write-off method is unsuitable because it violates the matching principle .

6 0

3 years ago

An instrument that represents a standard and agreed upon value, used to purchase goods

11Alexandr11 [23.1K]

Answer:

guitar

Explanation:

5 0

3 years ago