Answer:
The answer is 7.61%
Explanation:
N(Number of periods) = 15 years
I/Y(Yield to maturity) = ?
PV(present value or market price) = $1,165
PMT( coupon payment) = $95
FV( Future value or par value) = $1,000.
We are using a Financial calculator for this.
N= 15; PV = -1165; PMT = 95; FV= $1,000; CPT I/Y= 7.61
Therefore, the Yield-to-maturity of the bond is 7.61%
Answer:
A) It states a response followed by a reward is more likely to recur in the future.
Explanation:
E.L. Thorndike stated in 1898 that the Law of Effect in psychology is a behavioural term used to describe the attitude of humans towards positive responses. The Law of Effect states that the responses that produce a satisfying effect to a particular situation become more likely to occur again in that situation and responses that produce a discomforting effect become less likely to occur again in that situation. This thus explains the situation when man's senses are programmed to positivity especially when it involves satisfaction. It also means that when a positive thing occurs, there is a strong possibility that it will occur again.
Answer:
The correct answer is B. 7.143 %.
Explanation:
Return on assets is a profitability ratio that provides how much profit a company is able to generate from its assets. In other words, return on assets (ROA) measures how efficient a company's management is in generating earnings from their economic resources or assets on their balance sheet. ROA is shown as a percentage, and the higher the number, the more efficient a company's management is at managing its balance sheet to generate income.
The formula to calculate it is given below.
ROA = Net Income/Average total asset * 100
= 450,000/ 6,300,000*
= 7.14 %
*= (6,000,000 + 6,300,000)/2
Answer:
Jackson's target total cost of producing and selling 6 million cans of paint of $31,800,000 will enable it to reach stockholders' profit goals of $6 million.
The implication is that it should not allow its total costs (Production and other business expenses) to exceed $37,800,000.
This is because its sales revenue will be equal to $43,800,000 (6,000,000 * $7.30).
As such, Jackson can produce a can of paint for $5.30. It can also incur an average business expense of $1.00 per can to maintain and reach its $6 million profit target.
Explanation:
Profit is the difference obtained after deducting all costs from the revenue. There are some profit stages. The first is the gross profit, which considers the sales revenue and the cost of goods sold. The next profit stage is the operating profit, which subtracts the business running expenses from the gross profit. There are also profits before and after interest and taxes. The after tax profit is also called the net income or net profit. If it is negative, then it is called the net loss. It is from the net income that distributions are made to stockholders in the form of dividends while a part is retained in the business to increase its capital stock or stockholders' equity.
Answer:
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