Answer:
Number of times bond interest charges were earned = 5.44
Explanation:
Given data,
Bond Interest Rate = 6%
Bond Amount = $1200000
Net Income before Income Tax = $320000
Bond Interest charges Earned
:
= Bond Value × Interest Rate
= $1,200,000 × 6%
= $72,000
Net Income before Interest
:
= Net Income Income Before Interest + Interest
= $320,000 + $72,000
= $392,000
Number of times bond interest charges were earned
:
= Net Income before Interest and taxes ÷ Interest charges
= (392,000 ÷ 72,000
)
= 5.4444
Number of times bond interest charges were earned = 5.44
Answer:25,000 in 12 years = 25,000*(1.09)^12= $70,316
Value of $7,500 deposits in 6 years
Use financial calculator and input these values
N=6
PV=0
PMT=7,500
I=9
Compute FV= 56,425, after this
PV= 56,425
PMT= 15,000
I=9
N=6
Compute FV=$ 207,480
We will have (207,480+ 70,316) = $277,796 in 12 years to start our business.
Explanation:
Answer:
Follow his lead and address him formally
Explanation:
If someone addresses you formally, that is because that person expects the conversation to be formal, or because you both are in a formal enviroment, for example, a work meeting. For this reason, the best to do in such situation is to address the other person formally as well.
<u>Answer:</u> Inventory larceny scheme
<u>Explanation:</u>
Inventory of the firm is an asset which the employees mishandle by selling it to the third parties without the knowledge of the owner. Inventory larceny scheme means the employees takes the stock from the business and does not record the theft in the accounts of the business.
Ben Rogers and Dawn have involved themselves in Inventory larceny scheme where they take goods such as watches, fishing reels and sporting goods out of the inventory by selling it to third parties and make income for personal benefit.
Lower per unit weight shipping rates as shipping weight increases means lower per unit shipping costs as size increases.
Distance to Market: The distance the product travels. Government Regulations: Such as B. Dangerous Goods Requirements, Size Limits or Weight Limits.
More cost-effective than air and sea freight: Trucking is very economical compared to air and sea freight because the associated costs such as fuel and truck maintenance are much lower. Improved accessibility: Road traffic is easily accessible.
Back Haul - The return haul of a freight truck. It may return to the point of origin of the cargo in transit, and the carrier is willing to offer discounts to secure the cargo for the voyage.
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