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3 years ago

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You are offered the following investments: You can invest $500 today and receive $600 in 5 years. The investment is low risk. Yo

u can invest the $500 in a bank account paying 4%. What is the implied interest rate for the first choice, and which investment should you choose

1 answer:

grin007 [14]3 years ago

6 0

Answer:

500

Explanation:

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Richman Company purchased $1,200,000 of 8%, 5-year bonds from Carlin, Inc. on January 1, 2021, with interest payable on July 1 a

ohaa [14]

Answer:

Dr. Bond Receivable $30,761

Cr. Gain on Revaluation $30,761

Explanation:

A bond is issued on the premium if it is issued at a value over its face value,

Bond Premium = Issuance value - Face Value = $1,249,896 - $1,200,000 = $49,896

July 1,2021

Amortization = ($1,200,000 x 8% ) - ( $1,249,896 x 7% ) = $8,507 x 6/12 = $4,254

Un-amortised Premium = $49,896 - $4,254 = $45,642

Carrying Value = $1,200,000 - $45,642 = $1154,358

Dec 31 , 2021

Amortization = ($1,200,000 x 8% ) - ( $1,245,642 x 7% ) = $8,507 x 6/12 = $4,403

Un-amortised Premium = $45,642 - $4,403 = $41,239

Carrying value = $1,200,000 + $41,239 = $1,241,239

Revaluation Gain = 1,272,000 - $1,241,239 = $30,761

4 0

3 years ago

7. Sharon spent the weekend with her friend Amelia. Amelia proposed a plan for shoplifting CDs from a local music store. Sharon

stepan [7]

Answer: Amelia is wrong because she is a partaker in the crime.

Explanation:

When gang members rob a shop, not all do the robbing at the same time, some drive the robbers, some stay on guard to watch the situation, and they are those that rob, but when they are caught, the law prosecutor goes for all of them involved because they acted as a team to carry out such act. It is same with this scenario, anyone who is fully aware and supported any criminal acts is considered a violator of the law. All people who participated in a criminal act is guilty of the crime.

However, it will only be punishable if there are witnesses and evidence to show that they partook in the event.

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3 years ago

Which of the following is the most likely result of a quota that limits the importation of steel into the United States? a. a re

I am Lyosha [343]

Answer:

<u><em>d. a reduction in output and employment in domestic industries that utilize steel as a resource</em></u>

Explanation:

The first impact of a <em>quota that limits the importation of steel into the United States </em>is that the domestic market will experience a decrease on the number of suppliers.

As a consequence, the domestic manufacturers will have less competition and they will be able to increase the prices of the steel in the domestic market, instead of struggling to decrease the costs, or improve the quality, or increase the productivity, or enhance the service.

Thus, the domestic indutries that utilize the steel will face an increase on the prices of their main raw material, becoming less competitive. Then, <em>most likely</em>, their price should increase and their sales and production should decrease; thus, <em>they will face a reduction in output and employment.</em>

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3 years ago

Consider the following sample data: For these data the sample mean is: 3 12 10 8

Karo-lina-s [1.5K]

Answer:

Normally Distributed Populations

For samples of any size drawn from a normally distributed population, the sample mean is normally distributed, with mean μX=μ and standard deviation σX=σ/√n, where n is the sample size.

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3 years ago

Which statement best describes what a project manager controls?

Mila [183]

Answer:

I believe it’s the delegation of resources

Explanation:only other logical choice is delegation of responsibilities but that’s up to the boss or who assigned the project in the first place

4 0

3 years ago

Read 2 more answers