Answers
Answer:
1. Bad credit
2. Over the limit fee
3. Late payment fee
Explanation:
1. Bad credit is a situation where a borrower fails to repay his bills on time. This can have an effect on his credit score, thus resulting in a bad credit score and the inability of lenders to lend money. This explains John's situation because he fails to pay on time.
2. Over the limit fee is charged when a person's balance exceeds his credit limit and this can result in a decline of transaction. Susan has apparently exceeded her limit and her transaction might be declined or the balance might be deducted when she pays the fee.
3. Late payment fee is charged when a person fails to complete his payment on the due date. Interest is being charged after the purchase which he pays at a later time because he failed to read the conditions of the credit card offer.
Related Questions
Because Delta Development Services is the only company that supplies a critical product for clients, customers of Delta are likely to
Answers
Answer: put up with poor-quality products
Explanation:
Based on the information given, Delta Development Service is a monopoly that is , the sole provider of a ceetain good.
Because the company is the only provider, such company will charge a high price for its good and also won't try to improve the quality of its product
Because Delta Development Services is the only company that supplies a critical product for clients, customers of Delta are likely to put up with poor-quality products.
2. You have a loan outstanding. It requires making three annual payments of $1000 each at the end of the next three years. Your bank has offered to allow you to skip making the next two payments in lieu of making one large payment at the end of the loan’s term in three years. If the interest rate on the loan is 5%, what final payment will the bank re
Answers
Answer:
$1,157.63
Explanation:
We must determine the future value of your loan. I'm assuming that the bank charges compound interest.
future value = present value x (1 + interest rate)ⁿ
present value = $1,000interest rate = 5%n = time = 3 yearsfuture value = $1,000 x (1 + 5%)³ = $1,000 x 1.157625 = $1,157.625 ≈ $1,157.63
The book gives a clear knowledge of marketing at both the strategic and conceptual level as well as the ____.
Answers
Answer:
The book gives a clear knowledge of marketing at both the strategic and conceptual level as well as the ____.
tactical, hands-on level
Explanation:
At the highest level of marketing management is the strategic level, which is more conceptual. Down the scale is the tactical marketing plan, which specifies the marketing tools and techniques which a company will use to meet its marketing goals. At this level, the tactical tools in use include advertising, sales promotions, and other activities that directly implement the strategic marketing plan. The tactical level reduces the business strategic goals to marketing objectives.
When you include the purchase price and the interest, how much did the video game end up costing you
Answers
Answer:
$75
Explanation:
When the purchase price and interest expense is added in the cost of video game the total cost would be $75. Initially the cost was $40. The interest expense of $10 is added in the price and purchase price of $25 is added in the initial price of video game.
You manage employees in several cities, and while you try to visit the various offices as much as possible, your travel schedule is unpredictable. When you do see an employee performing a desirable behavior, you are quick to praise that person. What reinforcement schedule are you using, and is it likely to be effective in promoting desirable behavior
Answers
Answer:
Variable ratio schedule; effective
Explanation:
Reinforcement schedules are designed to introduce or remove reinforcers of punishment after observation of operational behaviour of a given set of people.
There are 3 types: ratio schedule, interval schedule, and extinction schedule.
The most effective type of reinforcement schedule is the variable ratio schedule.
It involves introduction of reinforcers after a particular number of observed responses from the subjects, also for subjects that are exhibiting favourable behaviour reinforcers are removed.
This is more efficient because more focus is given to those people that are lagging behind.
For interval schedule there continues to be a schedule despite variability in behaviour across employees. This is inefficient and stressful.
Variable ratio schedule is exemplified in this instance where visits are variable, and employee performing a desirable behaviour are quick to be praised.
Avocado, Inc. purchased a $100,000 machine and deducted $70,000 of depreciation before selling it for $80,000 (after holding it for more than 1 year). How much gain does Avocado recognize
Answers
Answer:Avocado recognizes a gain of $50,000
Explanation:
Book Value of machine = Purchase Price - Depreciation
$ 100,000 - $70,000 = $30,000
Avocado sold the machine at = $80,000
Therefore, Gain/(loss) recognized = Selling Price - Book Value on date of sale
$80,000 - $30000 = $50,000
Avocado recognizes a gain of $50,000
Avocado recognizes a gain of $50,000
The calculation is as follows:
Book Value of machine = Purchase Price - Depreciation
= $ 100,000 - $70,000
= $30,000
And,
Avocado sold the machine at = $80,000
So,
Gain/(loss) recognized = Selling Price - Book Value on date of sale
= $80,000 - $30000
= $50,000
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The dollar-euro exchange rate is $1.25 = €1.00 and the dollar-yen exchange rate is ¥100 = $1.00. What is the euro-yen cross rate? Group of answer choices ¥1.00 = €0.80 ¥125 = €1.00 None of the above ¥1.00 = €125
Answers
Answer:
¥1.00 = €0.80
Explanation:
A homeowner in a sunny climate has the opportunity to install a solar water heater in his home for a cost of $2,481. After installation the solar water heater will produce a small amount of hot water every day, forever, and will require no maintenance. How much must the homeowner save on water heating costs every year if this is to be a sound investment
Answers
Answer:
the question is missing the discount or interest rate that we must use to calculate the answer.
for example, if the interest rate is 5% per year, then this would be a good investment if the homeowner can save $2,481 x 5% = $124.05 per year.
but if the interest rate is 8%, then the homeowner would need to save at least $2,481 x 8% = $198.48 per year.
The Nicor family is planning to purchase a new home 7 years from now. If they have $240,000 now, how much will be available at the time of purchase
Answers
Answer:
$530,400
Explanation:
The interest rate on the funds is 12%.
To find the answer, we use the future value of an investment formula:
FV = PV(1 +i)^n
Where FV = Future Value (the value we are looking for)
PV = Present value, in this case $240,000
i = the interest rate, in this case 12%
n = the number of compounding periods, in this case, 7 years.
Now, we plug the amounts into the formula:
FV = 240,000 (1 + 0.12)^7
FV = 240,000 (2.21)
FV = 530,400
So the value available for buying the new home after 7 years is $530,400
On January 1, 2018, Friendly Farm Company purchased a new machine at a cost of $350,000. The machine has an estimated useful life of 4 years or 100,000 hours and residual value of $30,000. The machine will be used 30,000 hours in year one, 40,000 hours in year two, 20,000 hours in year 3, and 10,000 hours in year 4. Requirements: Prepare a depreciation schedule using each of the three methods: Straight line, Units of Production, and Double Declining Balance.
Answers
Answer:
Friendly Farm Company
Schedule of Straight-line, Units of Production, and Double Declining Balance:
Straight-line Units of Production Double Declining
Year 1 Book value $350,000 $350,000 $350,000
Depreciation Exp. $80,000 $96,000 (30,000*$3.20) $175,000
Year 2 Book value $270,000 $254,000 $175,000
Depreciation Exp. $80,000 128,000 (40,000*$3.20) 87,500
Year 3 Book value $190,000 $126,000 $87,500
Depreciation Exp. $80,000 64,000 (20,000*$3.20) 43,750
Year 4 Book value $110,000 $62,000 $43,750
Depreciation Exp. 80,000 32,000 (10,000*$3.20) $13,750
Residual value $30,000 $30,000 $30,000
Explanation:
a) Data and Calculations:
Cost of new machine = $350,000
Estimated useful life = 4 years or 100,000 hours
Residual value = $30,000
Usage of machine:
Year 1 = 30,000 hours
Year 2 = 40,000 hours
Year 3 = 20,000 hours
Year 4 = 10,000 hours
Units of Production = $320,000/100,000 = $3.20 per unit
Depreciable amount = $320,000 ($350,000 - $30,000)
Straight-line method, Depreciation per year = $80,000 ($320,000)
= 25% (100/4).
Depreciation expense, using Double-Declining Balance rate = 25% * 2 = 50%:
Year 1 = $350,000 * 50% = $175,000
Year 2 = $175,000 * 50% = $87,500
Year 3 = $87,500 * 50% = $43,750
Year 4 = $13,750 ($43,750 - $30,000)
b) These different methods still arrive at the same end result as shown above. Note that depreciation is an accounting estimate which spreads the cost of an acquired long-term asset over its useful life.
The balanced scorecard can be made more effective by developing it at a detail level so that employees:
Answers
Answer: can see how their actions contribute to the success of the firm.
Explanation:
The balanced scorecard shows the results of the actions that a particular company has already taken. It is used by the managers to track of activities that are to be executed and to also monitor the consequences of the actions that were taken.
The balanced scorecard can be made more effective by developing it at a detail level so that employees can see how their actions contribute to the success of the firm.
For financial accounting purposes, what is the total amount of product costs incurred to make 20,250 units
Answers
Answer:
$411,075
Explanation:
Calculation for the total amount of product costs incurred to make 20,250 units
First step is to calculate Variable manufacturing cost per unit
Direct materials 7.70
Direct labor Variable 4.70
Variable manufacturing overhead 2.20
Variable manufacturing cost per unit $14.6
Second step is to calculate Total variable manufacturing cost
Variable manufacturing cost per unit$14.6
*Number of units produced 20,250 units
=Total variable manufacturing cost $295,650
($14.6*20,250)
Second step is to calculate Total fixed manufacturing cost
Fixed manufacturing overhead per unit $5.70
xNumber of units used to calculate fixed cost per unit 20,250 units
=Total fixed manufacturing cost $115,425
($5.70*20,250)
Now let calculate Total product cost
Total product cost = $295,650+$115,425
Total product cost=$411,075
Therefore the total amount of product costs incurred to make 20,250 units is $411,075
Suppose in 2018 the United States had consumption worth $13 trillion, investment worth $5 trillion, and government spending worth $3 trillion, with $2 trillion in exports and $3 trillion imports. What was its GDP per capita, assuming there were 400 million residents
Answers
Answer:
USD 50,000
Explanation:
The computation of the GDP per capita is given below:
GDP per capital = Real GDP ÷ Population
wherem
Real GDP is
= Consumption + investment + government spending + (exports - imports)
= $13 trillion + $5 trillion + $3 trillion + ($2 trillion - $3 trillion)
= $20 trillion
And, the population is 400 million
Now the GDP per capita is
= $20 trillion ÷ 400 million
= USD 50,000
Assume that you have been hired as a consultant by CGT, a major producer of chemicals and plastics, including plastic grocery bags, styrofoam cups, and fertilizers, to estimate the firm's weighted average cost of capital. The balance sheet and some other information are provided below. Assets Current assets $38,000,000 Net plant, property, and equipment $101,000,000 Total assets $139,000,000 Liabilities and Equity Accounts payable $10,000,000 Accruals $9,000,000 Current liabilities $19,000,000 Long-term debt (40,000 bonds, $1,000 par value) $40,000,000 Total liabilities $59,000,000 Common stock (10,000,000 shares) $30,000,000 Retained earnings $50,000,000 Total shareholders' equity $80,000,000 Total liabilities and shareholders' equity $139,000,000 The stock is currently selling for $15.25 per share, and its noncallable $1,000.00 par value, 20-year, 9.00% bonds with semiannual payments are selling for $930.41. The beta is 1.22, the yield on a 6-month Treasury bill is 3.50%, and the yield on a 20-year Treasury bond is 5.50%. The required return on the stock market is 11.50%, but the market has had an average annual return of 14.50% during the past 5 years. The firm's tax rate is 25%. Refer to Exhibit 10.1. What is the best estimate of the after-tax cost of debt? a. 5.23% b. 7.35% c. 5.59% d. 6.48% e. 6.17%
Answers
Answer:
b. 7.35%
Explanation:
Calculation for What is the best estimate of the after-tax cost of debt
First step is to use financial calculator to find I/Y
FV= 1,000
N=20 years *2 = 40
PMT=9%*1,000/2 = 45
PV = -930.41
I/Y=?
Hence,
I/Y = 4.9%
Second step is to calculate YTM
YTM=4.9%*2
YTM= 9.8%
Now let Calculate the best estimate of the after-tax cost of debt
Using this formula
After tax cost of debt = YTM*(1-tax rate)
Let plug in the formula
After tax cost of debt =9.8%*(1-25%)
After tax cost of debt =9.8*75%
After tax cost of debt =0.0735*100
After tax cost of debt == 7.35%
Therefore the best estimate of the after-tax cost of debt will be 7.35%
Which of the following taxpayers may file as a head of household in 2019?Marco provides all o f the support for his mother, Sienna, who lives by herself in an apartment in Fort Lauderdale. Marco pays the rent and other expenses for the apartment and properly claims his mother as a dependent.Tammy provides over one-half the support for her 18-year old brother, Dan. He earned $4,200 in 2019 working at a fast-food restaurant and is saving his money to attend college in 2020. Dan lives in Tammy's home.Juan's wife left him late in December of 2018. No legal action was taken and Juan has not heard from her in 2019. Juan supported his 6-year-old son, who lived with him throughout 2019.a. Tammy onlyb. Juan onlyc. Marco and Juan onlyd. Marco, Tammy, and Juan
Answers
Answer:
d. Marco, Tammy, and Juan
Explanation:
For someone to be qualified for head-of-household tax filing status, There are some criteria that is usually put into consideration such as;
✓ The person should be considered unmarried.
✓ The person should file a separate
individual tax return.
✓ The person must be paying for more than half of expenses in that household.
✓The person must Considered having a dependent which could be a qualifying child.
1)In the case of the question, we were told that
Marco provides all o f the support for his mother, Sienna, who lives by herself in an apartment in Fort Lauderdale. Marco pays the rent and other expenses for the apartment and properly claims his mother as a dependent.
HINTS: Here we can see that His mother is dependent on him, paying more of the expenses needed in the house
2)Tammy provides over one-half the support for her 18-year old brother, Dan. He earned $4,200 in 2019 working at a fast-food restaurant and is saving his money to attend college in 2020. Dan lives in Tammy's home.
Hint:Here we can see that Tammy provides over one-half the support for his dependent brother, he's working , paying over one-half the of house expenses
3)Juan's wife left him late in December of 2018. No legal action was taken and Juan has not heard from her in 2019. Juan supported his 6-year-old son, who lived with him throughout 2019.
HINTS: Juan is not with his wife, he's having a dependent which is his 6-year-old son, and he is responsible for expenses.
Catherine decided to have lunch at Tom's, one of the most popular restaurants in town. She ordered soup before her main course. The soup served to Catherine contained a maggot floating about in it. Fortunately, she noticed this before she ate it. She sued Tom's for negligence. The most likely result will be: Group of answer choices
Answers
Answer:
Catherine will not win since she did not sustain any damages
Explanation:
NEGLIGENCE
Negligence is simply a mean or troublesome activity/conduct by a person. If defendant's conduct fails to rise to a standard of care of that of a reasonable person in the same or similar circumstances, the defendant's conduct must breach a duty to prevent a foreseeable risk of harm to the plaintiff.
Negligence seeks for a duty was owed, that a duty was breached and the breach was the reason and close cause of damages.
what is consumer surplus
Answers
Explanation:
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In mainstream economics, economic surplus, also known as total welfare or Marshallian surplus, refers to two related quantities: Consumer surplus, or consumers' surplus, is the monetary gain obtained .
Answer:
Consumer surplus is defined as the difference between the consumers' willingness to pay for commodity and the actual price paid by them , or the equilibrium price .
Moral hazard is a barrier to financing global growth because:_______
a. firms sometimes have trouble determining whether they need funds or not.
b. if investors have trouble identifying high-risk firms they may be unwilling to give money to creditworthy firms.
c. there is the possibility that the funds are used for riskier behavior than the lender agreed to.
d. of the differences between financing using loans, portfolio investment and foreign direct investment.
Answers
Answer:
c. there is the possibility that the funds are used for riskier behavior than the lender agreed to.
Explanation:
True. The term "Moral Hazard" as used in an investment context, often refers to a scenario where one party with a lesser risk burden in a business agreement, deliberately takes investment risk that would be detrimental to others in the agreement who have a higher risk burden.
It is an unethical business practice; a moral hazard, and so acts as a barrier to investors who may want to finance global growth.
Why a manufacturer who makes watches involved in trade
Answers
Answer:
to make money, if they trade their watches they will be expanding their business
Dake Corporation's relevant range of activity is 2,200 units to 5,000 units. When it produces and sells 3,600 units, its average costs per unit are as follows For financial reporting purposes, the total amount of product costs incurred to make 3,600 units is closest to:
Answers
Answer: $50,940
Explanation:
The total amount of product costs incurred to make 3,600 units will be calculated as:
Direct materials = 3600 x 6.85 = 24660
Add: Direct labor= 3600 x 2.80= 10080
Add: Variable manufacturing overhead = 3,600 x 1.50 = 5400
Add: Fixed manufacturing overhead = 3600 x 3 = 10,800
Therefore, the Total product cost will be:
= 24660 + 10080 + 5400 + 10800
= $50,940
1. Identifying Cause and Effect Why are Big Box stores able to sell goods at prices so low that
other, smaller stores cannot compete with them?
granted to rep
Answers
-I hope this helps!!! Make me brainliest
Big box stores can profit by an idea known as economies of scale. Overwhelmingly of items in and out, these retailers can catch stock at markdown and afterward give those reserve funds to buyers.
What are Big box stores?A big-box store is a genuinely huge retail foundation, generally part of a chain of stores. The term in some cases likewise alludes, likewise, to the organization that works the store.
Economically, big-box stores can be separated into two classes: general product models incorporate Walmart, Target, and Kmart), and specialty stores like The Home Depot which work in merchandise inside a particular reach, like equipment, books, or customer hardware, separately.
In the late twentieth and mid 21st hundreds of years, numerous customary retailers and grocery store chains that normally work in more modest structures, for example, Tesco opened stores in the big-box-store design with an end goal to rival big-box chains, which are growing universally as their home business sectors arrive at development.
Therefore big box stocks can basically earn more and more of the revenue which is called to be as the economies of the scale.
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Livingston Co. has a subsidiary in Korea. The subsidiary reinvests half of its net cash flows into operations and remits half to the parent. Livingston's expected cash flows from domestic business are $100,000 and the Korean subsidiary is expected to generate 100 million Korean won at the end of the year. The expected value of won is $.0012. What are the expected dollar cash flows of Livingston Co.? Group of answer choices $100,000 $160,000 $200,000 $60,000
Answers
Answer:
$160,000
Explanation:
The computation of the expected dollar cash flows is given below:
Cash Flow arise from the domestic business is
= $100,000
And,
Cash flow from korean subsidiary is
= 50% × (100,000,000 × $0.0012)
= $60,000
Total Expected Cash Flows is
= $100,000 + $60,000
= $160,000
a. Pretzelmania, Inc., issues 7%, 10-year bonds with a face amount of $70,000 for $70,000 on January 1, 2015. The market interest rate for bonds of similar risk and maturity is 7%. Interest is paid semiannually on June 30 and December 31.
b. Pretzelmania, Inc., issues 7%, 15-year bonds with a face amount of $70,000 for $63,948 on January 1, 2015. The market interest rate for bonds of similar risk and maturity is 8%. Interest is paid semiannually on June 30 and December 31.
c. Pretzelmania, Inc., issues 7%, 15-year bonds with a face amount of $70,000 for $76,860 on January 1, 2015. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually on June 30 and December 31.
Required:
Record the bond issue and first interest payment on June 30, 2015.
Answers
Answer:
a. Pretzelmania, Inc., issues 7%, 10-year bonds with a face amount of $70,000 for $70,000 on January 1, 2015. The market interest rate for bonds of similar risk and maturity is 7%. Interest is paid semiannually on June 30 and December 31.
January 1, 2015, bonds issued at par value
Dr Cash 70,000
Cr Bonds payable 70,000
June 30, 2015 first coupon payment
Dr Interest expense 2,450
Cr Cash 2,450
b. Pretzelmania, Inc., issues 7%, 15-year bonds with a face amount of $70,000 for $63,948 on January 1, 2015. The market interest rate for bonds of similar risk and maturity is 8%. Interest is paid semiannually on June 30 and December 31.
January 1, 2015, bonds issued at a discount
Dr Cash 63,948
Dr Discount on bonds payable 6,052
Cr Bonds payable 70,000
amortization of bond discount per coupon payment = $6,052 / 30 = $201.73
June 30, 2015 first coupon payment
Dr Interest expense 2,651
Cr Cash 2,450
Cr Discount on bonds payable 201
c. Pretzelmania, Inc., issues 7%, 15-year bonds with a face amount of $70,000 for $76,860 on January 1, 2015. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually on June 30 and December 31.
January 1, 2015, bonds issued at a premium
Dr Cash 76,860
Cr Bonds payable 70,000
Cr Premium on bonds payable 6,860
amortization of bond premium per coupon payment = $6,860 / 30 = $228.67
June 30, 2015 first coupon payment
Dr Interest expense 2,221
Dr Premium on bonds payable 229
Cr Cash 2,450
Zach sold a restaurant to Shane for $295,000. As part of the agreement, Zach promised not to open another restaurant business for three years within a 50-mile radius of the one sold. What is the name of this clause?
Answers
Answer:
Non-compete clause
Explanation:
The name of this clause is Non-compete clause. It is is a clause under which one party agrees not to enter into or start a similar profession or trade in competition against another party. By prudence of this non compete clause, the worker attempts and gives his acknowledgment to the state of the business that over the span of the work or significantly after the representative leaves the administrations/occupation of the business, he will not be the contender of the business in the structure and nature of the work of the business.
Derek has the opportunity to buy a money machine today. The money machine will pay Derek $17,852.00 exactly 3.00 years from today. Assuming that Derek believes the appropriate discount rate is 9.00%, how much is he willing to pay for this money machine?
Answers
Answer:
$13,785
Explanation:
The computation of the amount to be paid for the money machine is shown below:
As we know that
Present value = Future value ÷ (1 + rate of interest)^number of years
= $17,852 ÷ (1 + 0.09)^3
= $17,852 ÷ 1.09^3
= $13,785
There is no convenient or economical way to trace a(n) _______ from the cost to the cost pool or from the cost pool to the cost object.
Answers
Answer:
Indirect cost
Explanation:
Indirect costs are those that are not directly attributable to a product cost. Rather they contribute to the production process that makes it possible for the company to produce products.
Examples of indirect costs are administrative costs, rent, security cost, and personnel cost.
As it does not contribute directly to product cost it is difficult to trace these costs from cost to the cost pool or from the cost pool to the cost object.
Usually indirect costs are shared among all the products manufactured.
Consider the following 4 bonds A B C D:(a) What is the percentage change in the price of each bond if its yields to maturity falls from 6% to 5%
Answers
Answer:
Answer is explained and solved in the explanation section below.
Explanation:
Note: This question is not complete and lacks necessary data to solve. But I have found a similar question on internet and will be using its's data to solve this question for the sake of concept and understanding.
Data Missing:
Bonds Coupon Rates Maturity
A 0% 15 years
B 0% 10 years
C 4% 15 years
D 8% 10 years
Par Value = $1000
Required = % age change in price of bonds, if yields to maturity falls from 6% to 5%.
New YTM = 5%
Old YTM = 6%
For Bond A:
Formula for Old Price = PV(6%, maturity, -annual coupon, -1000)
You need to put this function into Microsoft Excel to solve for old price.
Annual coupon formula = $1000 x coupon rate.
So,
We have,
Maturity = 15 years
Annual Coupon = $1000 x 0% = 0
Old price = PV(6%, maturity, -annual coupon, -1000)
Old price = PV(6%, 15, 0, -1000)
Old Price = $417.27
Now, for new price:
Formula for New Price = PV(5%, maturity, -annual coupon, -1000)
New Price = PV(5%, maturity, -annual coupon, -1000)
New Price = PV(5%, 15, 0, -1000)
New Price = $481.02
Now, we need to find the %age change of bond A.
%age change = (New Price - Old Price) divided by Old Price x 100
%age change = ( $481.02 - $417.27) / ($417.27) x 100
%age change = 15.28%
For bond B:
Old Price = PV(6%, maturity, -annual coupon, -1000)
Maturity = 10 years
Annual Coupon = $1000 x 0% = 0
Old Price = PV(6%, 10, 0, -1000)
Old Price = $558.39
For New Price:
New Price = PV(5%, maturity, -annual coupon, -1000)
New Price = PV(5%, 10, 0, -1000)
New Price = $613.91
%age change = (New Price - Old Price) divided by Old Price x 100
%age change = ( $613.91 - $558.39) / ($558.39) x 100
%age change = 9.94%
For Bond C:
Old Price = PV(6%, maturity, -annual coupon, -1000)
Maturity = 15 years
Annual Coupon = $1000 x 4% = 40
Old Price = PV(6%, 15, -40, -1000)
Old Price = $805.76
New Price = PV(5%, maturity, -annual coupon, -1000)
New Price = PV(5%, 15, -40, -1000)
New Price = $896.20
%age change = (New Price - Old Price) divided by Old Price x 100
%age change = ( $896.20 - $804.76) / ($805.76) x 100
%age change = 11.23%
For Bond D:
Old Price = PV(6%, maturity, -annual coupon, -1000)
Maturity = 10 years
Annual Coupon = $1000 x 8% = 80
Old Price = PV(6%, 10, -80, -1000)
Old Price = $1,147.20
New Price = PV(5%, maturity, -annual coupon, -1000)
New Price = PV(5%, 10, -80, -1000)
New Price = $1,231.65
%age change = (New Price - Old Price) divided by Old Price x 100
%age change = ( $1231.65 - $1147.20) / ($1147.20) x 100
%age change = 7.36%
Hence,
% age change of A = 15.28%
% age change of B = 9.94%
% age change of C = 11.23%
% age change of D = 7.36%
Why should a global marketing manager consult local attorneys in other countries before creating a marketing campaign abroad?
Answers
Answer:
ok answer is c
Explanation:
i did this today and got a 100%
Given the following, compute the cost of goods manufactured.
Direct material cost: $40,000
Direct labor cost: $100,000
Applied overhead: $120,000
Beginning work in process inventory: $30,000
Ending work in process inventory: $12,000
Answers
Answer:
$278,000
Explanation:
Given the above, cost of goods manufactured is computed as
= Direct materials + Direct labor + Applied overhead + Beginning work in process - Ending work in process
= $40,000 + $100,000 + $120,000 + $30,000 - $12,000
= $278,000
Cost of goods manufactured is $278,000
Jim usually goes to the movies with friends on Friday nights at the local movie theater. This week, the movie theater held over the movie, Anchorman 2, which Jim saw last week. Jim and his buddies decide to go bowling rather than attend the movie a second time. Which of the following best describes why Jim decided to go bowling this weekend?
a. Jim's utility function
b. Diminishing marginal returns
c. Profit maximization
d. Consumer budget constraint
Answers
Answer:
b. Diminishing marginal returns
Explanation:
According to the law of diminishing returns, as more units of a variable input is added to a fixed income of production, output might increase at a point but after some time total output would increase at a decreasing rate and marginal product would be decreasing.
Due to the fact that Jim has seen the movie once, he would not derive the same level of satisfaction from watching the movie a second time. The utility he would receive from watching the movie a second time would be less than when he watched it a first time.