E. Connivance
Connivance is the willingness to secretly allow or be involved in wrongdoing
Answer:
Required rate of return is 6.97%
Explanation:
The required rate of return can be ascertained from the price formula below when the subject of the formula is changed to rate of return instead of stock price:
Stock price =dividend/required rate of return
stock price is $80.40
required rate of return is unknown
the dividend on the preferred stock is $5.60
required rate of return=dividend/stock price
required rate of return =$5.60/$80.40=6.97%
The required rate of return based on the stock price and dividend information provided is 6.97%
Answer:
current price = $1191.79
Explanation:
given data
time t = 15 year
annual coupon bonds rate = = 7.5 %
par value = $1000
interest rate = 5.5%
maturity time = 14 year
to find out
current price of the bonds
solution
we get here first annual coupon rate = 7.5% of 1000
annual coupon rate C = $75
so now we get current price of bond
current price of the bonds = 
.................1
put here value
current price = 
current price = 
solve it we get
current price = $1191.79
Answer:
Service Revenue 881,105
Wages Expense (529,000)
Supplies Expense (42,000)
Rent Expense (59,500)
Utilities Expense (8,000)
Depreciation Expense (150,000)
Interest Income <u> (5,500) </u>
Net Income 87,105
Explanation:
We list the revenue account and then, substract the expenses leaving the net income. As this is a single-step income statemnt we do not solve for operating and non-operating income.
Answer: Conventional supermarket
Explanation:
Conventional supermarket is a departmentalized food store that has a wide range of food and related products and the sale of general merchandise is limited.
Conventional supermarket started about 75 years ago. The aim of establishing a conventional supermarket is that large-scale operations would lead to higher volume of sales, and low prices.
