Answer:
$1,017.33
Explanation:
For computing the bond price we have to use the PV function that is shown in the attached spreadsheet which is presented below:
Given that,
Future value or face value = $1,000
Market Rate of interest = 6%
NPER = 4 years
PMT = $1,000 × 6.5% = $65
The formula is shown below:
= PV(Rate,NPER,PMT,FV,type)
So, after solving this, the answer would be $1,017.33
Answer:
The after-tax cost is $23,940
Explanation:
For computing the after-tax cost, first we have to compute the present value which is shown below:
Present value = Bill payment × marginal tax rate
= $38,000 × 37%
= $14,060
So, after tax value would equal to
= Bill payment or Pre tax value - Present value
= $38,000 - $14,060
= $23,940
<span>Tim’s desire to demonstrate remorse for his sanctions as well as demonstrate his understanding of the consequences of his poor behavior. This promise is an example of Tim attempting to secure future employees within with his current organization. Tim is ultimately owning my up to a mistake like a true man.</span>
Answer:
sole proprietorship
Explanation:
A sole proprietorship is a type of business that is owned by one person
Characteristics
1. it is owned by one person
2. the business has unlimited liability
3. the business has limited access to capital
4. the business usually lacks continuity. this type of business usually ceases to exist when the owner dies
5. the business is usually not separated from the owner
