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VladimirAG [237]
3 years ago
13

What rapidly changing factor has led to the social age in business?

Business
1 answer:
Nina [5.8K]3 years ago
6 0

Answer:

Communication technology

Explanation:

You might be interested in
A $1,000 par value bond was issued 25 years ago at a 12 percent coupon rate. It currently has 15 years remaining to maturity. In
natita [175]

Answer:

a) $1,153.72

b) $93.72

c) $424

Explanation:

Given:

Original bond was issued at 12%

YTM = 10%

Years left, N = 15 years.

a) The current price of bond:

Using Excel function, we have:

=PV(10%/2,2*15,-12%*1000/2,-1000)

= $1153.72

The current price of bond is $1,153.72

b) Dollar profit based on bond's current price will be calculated as:

Bond's current price - purchase price

= $1,153.72 - $1,060

= $93.72

Dollar profit = $93.72

c) The purchase price of $1,060 Ms. Bright paid in cash will be:

$1,060 * 40%

= $424

8 0
3 years ago
Read 2 more answers
Saul and Pepper have been friends since kindergarten. Both Saul and Pepper have good part-time jobs. Pepper deposits a portion o
ella [17]

Answer:

1.  Both IOUs pay out the same amount of money ($107)

2. Saul’s loan from Pepper is less risky

3. Yes, Pepper should lend Saul the money. Yes, John should lend Jackson the money

Explanation:

1. Let calculate the amount of money to be paid on each IOU:

At the end of one month, Saul's IOU = $ (100 + 100 * 0.07) = $<u>107</u>

<u>Saul pays back $107 to Pepper at the end of one month</u>

At the end of three months, Jackson's IOU = $ (100 + 100 * 0.07) = $<u>107</u>

<u>Jackson pays back $107 to John at the end of three months</u>

<u />

Hence, both Saul and Jackson pay the same amount on their IOUs

Whilst both IOU of Saul and Jackson pay out the same amount, they do so under different time durations. Saul’s IOU to Pepper pays out the amount of money in a shorter duration of time (one month) as compared to that of Jackson which takes three months.

2. Saul's loan from Pepper is less risky. This is because Saul and Pepper have been friends for a verl long time (since kindergarten); that's ample time to have known one another. There is little to no surprise to be displayed between them as they pretty much know all there is to know about one another. This stands in contrast with Jackson with whom John recently became friends; although he has a reputation of being reliable but there is still a greater decree of uncertainty about him since its a new friendship. For example, Jackson could default on his IOU agreement.

On the other hand, while Saul's loan from Pepper is to be payed back in one month, Jackson's loan from John is to be returned over a time span of three months. This gives Jackson more time to spread out repayment much more conveniently than Saul but then again, that's what Saul spends most of his income on.

Saul is taking the loan to advance his investment in his baseball collection which could yield more income for Saul

<u>Hence, overall, Saul's IOU seems less risky</u>

3. Yes, Pepper should lend Saul the money. Asides the fact that they have been friends for over a decade (at the least), Saul already spends his income on building his baseball card collection anyway. It's a win-win for both party; Saul gets the satisfaction of adding an extra valuable card to his collection while Pepper gets the satisfaction of getting an extra $7 from her loan to Saul which she can add to her savings.

Yes, John should John lend the money to Jackson. Jackson already has a strong work and office etiquette which is evident by his reliability. Furthermore, if all goes as agreed, John and Jackson's new friendship could be further deepened and strengthened.

8 0
3 years ago
On January 1, a company issues bonds dated January 1 with a par value of $310,000. The bonds mature in 5 years. The contract rat
Elenna [48]

Answer:

The journal entry for the interest payment is shown below:

Explanation:

Interest Expense A/c........................Dr      $16,098

Premium on bonds payable A/c....Dr    $952

                 To Cash A/c............................Cr    $17,050

Working Note:

Interest expense = Bonds sale value × Market rate

                             = $321,964  × 5%

                            = $16,098

The market rate will be:

= 10 / 2

= 5%

Because it is paid semiannually, so rate is divided by 2.

Cash = Par value  × Contract rate

         = $310,000  × 5.5%

        = $17,050

The contract rate will be:

= 11 / 2

= 5.5%

Because it is paid semiannually, so rate is divided by 2.

3 0
3 years ago
Juxipi Inc. is well known for having a stronger credit score than its competitors. that is why, buyers are more willing to buy p
rewona [7]

Answer:

d. Commercial paper

Explanation:

-Short-term bank loans is a loan that has to be paid back in a year.

-Factoring is when a company sells its accounts receivable to another company at a cheaper price.

-Trade credit is a credit that a supplier gives to its clients to make the payments later.

-Commercial paper is a promissory note used by companies to get money to cover short-term liabilities and has a period of time of up to a year.  

According to this, the answer us that the short-term financing option that is being offered by Juxipi Inc. in the given scenario is commercial paper.

4 0
3 years ago
During the month of March, Sunland Company’s employees earned wages of $79,000. Withholdings related to these wages were $6,044
Brilliant_brown [7]

Answer:

The Journal entry is as follows:

On March 31st,

Salaries and Wages Expense A/c Dr. $79,000

To Wages Payable                                              $59,377

To Federal Withholding Payable                        $9,258

To FICA Payable                                                  $6,044

To State Withholding Payable                            $3,827

To Union Dues Payable                                      $494

(To record the salaries and wages expense and salaries and wages payable)

6 0
3 years ago
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