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2 years ago

What is a public good?

Business

1 answer:

Pie2 years ago

7 0

I believe your answer is B

A public good is a product or service that one consumer cannot present another consumer from using, and is accessible without payment

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Testbank Multiple Choice Question 81 At the beginning of 2020, Sunland Company issued 8% bonds with a face value of $5700000. Th

laila [671]

Answer:

$527,737

Explanation:

The Bond Payment or Coupon always includes the Interest Portion and the the Capital Potion. The question only requires the Interest Portion of the Bond.

The Bond Parameters can be set as :

PV = - $5,259,870

FV = $5,700,000

PMT = ($5,700,000 x 8%) ÷ 2 = $228,000

N = 5 x 2 = 10

YTM = 10 %

P/YR = 2

Constructing an amortization schedule for 2020 gives :

Date Capital Portion Interest Balance

June 30 $34,994 $262,994 $5,294,864

Dec 30 $36,743 $264,743 $5,331,607

Total $71,737 $527,737 $5,331,607

therefore,

The amount of interest expense to be reported for 2020 is $527,737

7 0

2 years ago

Jamie’s Bakery, a small chain of eight bakeries in Altamonte Springs, Florida has recorded sales growth of 30 percent or more pe

pantera1 [17]

<h3>Answer:</h3>

Gazelle

<h3>Explanation:</h3>

Jamie's Bakery has recorded a growth of 30% and above from 2010 to 2017 with revenues of $229,000.
This makes Jamie's bakery a gazelle company or business due to the growth of 30% in sales per year for a period of more than four years since it was started in 2010.
Gazelle ventures or business are fast growing and expands at a high rate and thus important to an economy.

6 0

2 years ago

Belton, Inc. had the following transactions in 2018, its first year of operations:• Issued 33,000 shares of common stock. Stock

Finger [1]

Answer:

A) $792,000

Explanation:

33,000 shares of common stock

issued at:

market value 24 dollars

face vale 1 dollar

additional paid-in 23 per share

Equity:

Common Stock

33,000 shares x 1 = 33,000

Additional Paid-in capital

33,000 shares x 23 = 759,000

Total capital 792,000

The total paid-in capital will be the sum of both, the common stock and the paid-in capital in excess of par.

5 0

3 years ago

James lives near a university and observes that almost every student uses a cell phone. He decides to open a small shop offering

Dafna1 [17]

Answer: The correct answer is "an opportunity niche".

Explanation: James lives near a university and observes that almost every student uses a cell phone. He decides to open a small shop offering repair services for cell phones. His shop is an instant success. James has satisfied an area of need called an opportunity niche.

The concept of a niche of opportunity refers to the existence of a group of people or companies that have certain needs, and who have the will to meet them and economic capacity to acquire the services or goods necessary for this, in this case James les He offered the good or service to meet this need.

3 0

3 years ago

kakasveta [241]

Answer:

a.Operating Cycle = Inventory Conversion period + Days Sales Outstanding = 100 + 35 = 135 Days

Cash Conversion Cycle = Inventory Conversion period + Days Sales Outstanding - Days Payables Outstanding

= 100 + 35 - 11 = 124 Days

b.If Carraway were to decide to take full advantage of its credit terms and delay payment until the last possible date , their cash conversion cycle is 100 + 35 - 51 = 84 Days

c.Carraway should take its suppliers offer to finance its inventory with the interest free 35 Day loan

4 0

3 years ago