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2 years ago

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A company issues 7% bonds with a par value of $230,000 at par on January 1. The market rate on the date of issuance was 6%. The

bonds pay interest semiannually on January 1 and July 1. The cash paid on July 1 to the bond holder(s) is:

1 answer:

aivan3 [116]2 years ago

8 0

The correct answer is $4,900.

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Hiromi congratulated her staff when the team received an industry award for their project, and also sent a companywide e-mail an

olga_2 [115]

Answer:

Reward power

Explanation:

Hiromi used reward power here the reward is "intangible reward". She praised and recognized the achievement of her staff team so the reward is intangible.

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4 years ago

Cute Camel Woodcraft Company just reported earnings after tax (also called net income) of $9,750,000 and a current stock price o

Assoli18 [71]

Answer:

Explanation:

a)

earning per share = Net income / outstanding shares

= $9,750,000 / 5,500,000 = $1.77

price earning ratio = Current stock price \ earning per share

= $39.50 \ $1.77 = 22.32

new Earning per share = Net income / outstanding shares

= $9,750,000 * 125% / 8,400,000 = $1.45

the stock price after one year would be

= Price earning ratio * New earning per share = 22.32 * $1.45 = $32.36

b)

Market to book ratio = Market value/ book value

Market value = Share price * number of outstanding shares

= $47.12 * 8,400,000 shares = $395,808,000

book value is $54,364,800

M/B = $395,808,000 / $54,364,800 = 7.28 times

Is it possible for a company to exhibit a negative EPS and thus a negative P/E ratio?

Yes, if company is having losses

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3 years ago

A machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. The amount that should be r

Lunna [17]

Answer:

c. $59,000

Explanation:

The cash flow statements shows the effect of the company's activities on cash. These activities are classed into operating, investing and financing activities.

When an asset is sold, the amount received from the sale is an inflow of cash to the company. This inflow is recognized in the investing segment of the cas flow statement.

Hence, the amount that should be reported as a source of cash under cash flows from investing activities is $59,000.

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3 years ago

Double entry system means?

Soloha48 [4]

Every transaction has a double effect i.e Dr and cr

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3 years ago

In the purchase stage of the consumer journey, research indicates that ________ activities shorten the time consumers take to ad

SIZIF [17.4K]

Answer:

The correct word for the blank space is: Direct Marketing.

Explanation:

Direct marketing is a form of advertising in which materials are sent directly to consumers eliminating the middlemen from the promotion process. Direct marketing includes catalogs, mailers, e-mails, and flyers. They do not involve advertisements placed on television, radio or the internet. Direct customers allow consumers to take faster decisions than with other types of advertisement.

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3 years ago