Answer:
the present value of the bond is $16.67
Explanation:
given data
time NPER = 12 year = 12 × 2 = 24 semi annual
bond value FV = $1000
interest PMT = $50
rate of interest = 6% =
= 0.03 = 3 % semi annual
solution
we will apply here formula for current value in excel as given below
-PV(Rate;NPER;PMT;FV;type) .............1
put here value as
rate = 3% and NPER = 24 , and FV = 1000 and PMT = $50
solve it we get
the present value of the bond is $16.67
Answer:
The quantity theory of money defends that the money supply has a determining influence on the price level, that is, that the quantity of circulating money will necessarily be imputed to the value of the quantity of commercial operations that are carried out.
Therefore, this theory establishes that the creation of money without increasing the commercial volume (the total amount of tradable goods) will lead to inflation, since it is not really increasing the economic value of an economy, but only the money supply of it, which is "empty" of value, and therefore is coupled with existing commercial transactions.
How much do individuals impact the world, and how much does the world impactindividuals?Structuralism: Social structures primarily determine our individual lives andbehavior. Believe that individuals have little agency: capacity to make free choicesand exert their own wills. While structure is connected with constraints, agency isconnected with freedom. While agency places power in the hands of the individual,structure places power in the hands of the larger society.Karl Marx: Most important social structure is the economy and individual behaviorwas largely determined by one’s place within the economic structure.VS Some settings race may be more important an influence than class: W. E. B DuBois: People inhabit multiple roles and are located in different hierarchies.Principle way reconcile these two positions is by considering structures as not justconstraints on action buy also things that enable action. Ex- Workplace Hierarchies-place limits on what people can do, also give individuals a sense of identity fromtheir behavior stems.Second aspect of debate: how and why change happens in society. Sociologists whoplace too heavy an emphasis on the power of structure are criticized for beingunable to account for how change happens. Social scientists who place too have anemphasis on individual agency and the power of free will are criticized for beingunable to account for fact that most things tend to stay the same or change slowly:Basic structure of groups like families, hierarchies and inequalities tend to persistover generations.
When a price floor that has an impact is imposed, the quantity DEMANDED WILL DECREASE AND THE QUANTITY SUPPLY WILL INCREASE. Price floor is often imposed by the government in order to prevent a price from falling below a certain point. When a price floor is placed above the equilibrium price, quantity supplied will be more than quantity demanded and there will be excess supply.
Answer:
$48,000
Explanation:
The computation of the amount that should be reported as its allowance for doubtful accounts is shown below
= Ending balance of account receivable × uncollectible percentage
= $960,000 × 0.05
= $48,000
hence, the amount that should be reported as its allowance for doubtful accounts is $48,000
The above formula should be applied