Answer:
b. $92,561
Explanation:
Face Value = 100,000.00
Term (in years) = 10
Total no. of interest payments = 20
Market Rate = 6.0% / 2 = 3.0%
Coupon Rate = 5.0%/2 = 2.5%
Amount PV factor Present Values
PV of Face Value of $100,000 0.553675754 $55,367.58
PV of Interest payment $2,500 14.87747486 <u>$37,193.69</u>
Issue Price of Bonds <u>$92,561.26</u>
Answer:
The science of microeconomics covers a variety of specialized areas of study including: Industrial Organization: the entry and exit of firms, innovation, and the role of trademarks. Labor Economics: wages, employment, and labor market dynamics.
Explanation:
Who reports to the treasurer is responsible
for paying suppliers?
<span>The Accounts Payable team is responsible or
paying suppliers and reporting to the treasurer. Accounts payable refers to
funds that are owed by a company to its creditors. The Accounts Payable team
will report directly to treasurer unless there is a cashier in place to handle
the transaction. </span>
Answer:
A) rational self-interest because he is attempting to increase his own income by identifying and satisfying someone else's wants.
Explanation:
One of economics basic premises is that human beings are rational and act on self interest. That describes both the behavior of consumers who will always try to maximize their benefits at the lowest possible cost, and entrepreneurs like Alex who will try to increase their wealth by identifying and satisfying other people's needs and wants.
Answer:
The answer is overapplied overhead
Explanation:
Overapplied overhead occurs when the total amount of factory overhead costs assigned to produced units constitutes more overhead than was actually incurred in the period.