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3 years ago

What are two important benefits provided by retailers?

Business

1 answer:

earnstyle [38]3 years ago

6 0

Retailers are important in the distribution of goods to the final consumers as

this ensures less shipping cost accrued as a result of them buying the

commodities in bulk and then selling at designated points which are usually

close to the final consumers.

Retailers also ensure that there is a healthy market competition. The

retailers assist in ensuring that the prices of goods and services varies and

the consumers therefore has various options he/she can choose from which

is a very good thing.

Read more on brainly.com/question/25376778

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Whipple Corp. just issued 280,000 bonds with a coupon rate of 6.02 percent paid semiannually that mature in 25 years. The bonds

sesenic [268]

Answer:

529.64 million or $529,639,600 was received from the sale of bonds.

Explanation:

Money Raised from the sale is based on the current value of the bond. Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

As per given data

Face Value = $2,000

Coupon payment = $2,000 x 6.02% = $120.4 /2 = $60.2 semiannually

Number of period = n = 25 years x 2 period per year = 50 period

Yield to maturity = 6.46% annually = 6.46% / 2 = 3.23% semiannually

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = $60.2 x [ ( 1 - ( 1 + 3.23% )^-50 ) / 3.23% ] + [ 2,000 / ( 1 + 3.23% )^50 ]

Price of the Bond = $1,483.51 + $408.06 = $1,891.57

Cash received = Number of bonds x Price per bond = 280,000 x $1,891.57 = $529,639,600

3 0

3 years ago

Accounting is an information and measurement system that: I.Communicates business activitiesII.Identifies business activitiesIII

andriy [413]

Answer:

I.Communicates business activities

II.Identifies business activities

III.Records business activities

IV.Helps people make better decisions

Explanation:

Accounting is an information measurement system that identifies business activities, records the business transactions as they occur, in order in which they occur, communicate the result of operations to interested parties which helps all the stakeholders make informed decision.

The main goal of accounting information is to communicate the true and fair view position of the entity to people that may want to make informed judgment on the entity.

7 0

3 years ago

A student has a savings account earning 9% simple interest. She must pay $1400 for first-semester tuition by September 1 and $14

IRINA_888 [86]

Answer: The answer is $2,759.22

Explanation: From the question above, we have:

September 1st to January 1st is 4 months, this is 1/3 of a year which means that the student will earn:

=> 9/3 = 3%

3% interest for the money that is saved is the savings account. So the student must put in at least:

x + 3%x = 1400

x + 0.03x = 1400

1.03x = 1400

x = 1400 / 1.03

x = 1,359.22

Therefore, if the student saves $1,359.22 in the savings account By September 1st, she will have $1400 by January 1st.

Also, the student needs to make $1400 for the first semester. So overall she will need to make:

1,400 + 1,359.22 = $2,759.22 during the summer in order to ensure that she will have enough money to pay for both semesters.

7 0

3 years ago

What does deficit spending require a government to do?

Kruka [31]

Answer:

c. TAKE ON DEBT

Explanation:

5 0

3 years ago

Read 2 more answers

Identify the steps to conducting a simulation in the correct order. (1 point) state the problem or question, state the assumptio

NeTakaya

Simulation is an imitation of a situation or a chance behavior that accurately reflects the situation under consideration.

Steps in conducting a simulation in the correct order (first choice)

• State the problem or question

• State the assumptions,

• Assign digits to represent outcomes,
• Simulate many repetitions
• State your conclusions

6 0

2 years ago