Answer: A discount bond will have a negative nominal interest rate when the: <u>" C. current bond price is greater than its face value ".</u>
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Explanation: because Discount bonds are those that issue below their nominal value, so if the current bond price is greater than its face value, the nominal interest rate will be negative.
Answer:
1) 9.5 times.
Explanation:
Accounts Receivable Turnover Ratio = Net Credit Sales / Average Accounts Receivable
Average accounts receivable = beginning accounts receivable + closing accounts receivable / 2
= $800,000 + $900,000/2
=$1,700,000 /2
=$850,000
Accounts Receivable Turnover Ratio = $8,040,000/$850,000
Accounts Receivable Turnover Ratio = 9.4588
=9. 5
Answer:
b. Sequential interdependence
Explanation:
Sequential interdependence occurs when the output or work of one department is necessary for the performance of another department.
So a delay in output in one department leads to lack of work by the second department.
This is the case in the given instance where the employees who assemble the garments are rarely able to meet their daily production quotas because the employees who cut the fabricare almost always running behind schedule.
Answer:
The answer is c. $2,621,802
Explanation:
Please find the below for detailed explanations and calculations:
As given in the question, the total revenue will be projected to grow at 3% annually from the year of 2017 to the year 2022.
Thus, with the total 2017 revenue is given at $2,471,300, we can calculate the projected total revenue of 2019 as followed:
Projected total revenue in 2018 = Total 2017 revenue x ( 1 + projected growth rate ) = $2,471,300 x ( 1+ 0.03) = $2,545,439;
Projected total revenue in 2019 = Total 2018 revenue x ( 1 + projected growth rate ) = $2,545,439 x ( 1+ 0.03) = $2,621,802.17
Thus the answer is c. $2,621,802 ( rounded to 0 decimal places).
To respond to the structure of its industry, an organization should choose a __________.
Competitive strategy