Explanation:
The Journal entry is given below:-
1 January 2020 No Entry
31 December 2020 Compensation Expense Dr, 6,580
To, Paid-In-Capital 6,580
(Being the compensation expense stock-option plan is recorded)
Working Note:-
Compensation Expense
= $7 × 4,700 ÷ 5
= $7 × 940
= $6,580
Answer:
The proportion of people in your sample whose response is yes=40 people
Explanation:
<em>Step 1: Determine the statistical proportion that will say yes</em>
Proportion=40%=40/100=0.4
<em>Step 2: Determine the proportion in the sample that will say yes</em>
The proportion in the sample can be expressed as;
P=S×Z
where;
P=proportion in the sample
S=statistical proportion
Z=sample size
In our case;
P=unknown to be determined
S=40%=40/100=0.4
Z=100
replacing;
Proportion in the sample=0.4×100=40
The proportion of people in your sample whose response is yes=40 people
Four investment alternatives are hedge funds, futures, stocks, and bonds. If you are looking for more: mutual funds, annuities, and real estate are others.
Answer:
D) Relationship marketing
Explanation:
Relationship marketing is a strategy companies use to connect with their customers, build relationships and ensure loyalty. It involves engaging customers over a lengthy period to know their needs and then providing them with products or services tailored to satisfy those needs.
By initiating a project to build a website and encouraging customers to provide certain information to the company, Fiona plans to use the Internet for "relationship marketing".
Answer:
Bond Price= $1,774.05
Explanation:
Giving the following information:
Coupon rate= 0.0573/2= 0.02865
YTM= 0.067/2= 0.0335
The bond matures in 23 years.
Par value= $2,000
<u>To calculate the bond price, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 57.3*{[(1 - (1.0335^-46)] / 0.0335} + [2,000/1.0335^46]
Bond Price= 1,334.76 + 439.29
Bond Price= $1,774.05
