The selling price of CES Enviro Company's 8%, 10-year bonds is $80,371.69.
To calculate the selling price of CES Enviro Company's 8%, 10-year bonds, we can use the present value formula. The formula for calculating the present value of a bond is:
\(PV = C \times \dfrac{1 - \dfrac{1 }{(1 + r)^n}}{ r} + \dfrac{F}{(1 + r)^n}\)
Where:
PV = Present value or selling price of the bond
C = Coupon payment (interest payment per period)
r = Market interest rate per period
n = Number of periods (number of years multiplied by the frequency of interest payments)
F = Face value or par value of the bond
In this case:
C = 0.08 * $200,000 / 2 (since it's a semiannual payment)
r = 0.10 / 2 (since it's a semiannual interest rate)
n = 10 * 2 (since there are 10 years and semiannual payments)
F = $200,000
Let's calculate the selling price:
PV = \(0.08 \times \dfrac{\$200,000}{2} \times \dfrac{1 - \dfrac{1 }{(1 + (0.10 / 2)^{20})}} {(0.10 / 2) }+ \dfrac {\$200,000 } {1 + (0.10 / 2)^{20}}\)
PV = (0.04) * 0.642 / 0.05 + 79,858.09
PV = 0.02568 / 0.05 + 79,858.09
PV = 0.5136 + 79,858.09
PV = $80,371.69
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--The complete question is, What will be the selling price of CES Enviro Company's 8%, 10-year bonds with a par value of $200,000 and semiannual interest payments, given that the annual market rate for these bonds on the issue date is 10%?--
100 free hope you do the same
Answer:
Explanation:
ma boy
How does collaboration demonstrate professionalism
Answer: Collaboration allows people with different backgrounds to bring their expertise to the workplace, creating a larger talent pool and increasing the possibility that problems will be solved by drawing from these diverse backgrounds.
A shadow price indicates how much the optimal value of the objective function will increase per unit increase in the right-hand side of a constraint. True or False?
A shadow price indicates how much the optimal value of the objective function will increase per unit increase in the right-hand side of a constraint. Given statement is True.
A shadow price is the difference, given a one-unit increase in the right-hand side of a constraint and a constant value for all other variables, between the optimal value of the objective function and the shadow price. In the objective function, it expresses the marginal value of an additional unit of a resource (or constraint).
In linear programming, the shadow price is a tool used to show decision-makers how changes in constraints can impact the best solution. It can also assist in determining which limitations are most important for obtaining the best outcome.
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pricing is the only element of the marketing mix which gives a)rupee b) cost c) price d) sales revenue
Aw sh~ here we go again.....
Answer:
Explanation: Yessssss..
Eastman Corporation sells merchandise with a list price of $13,000 on February 1, 2019, with terms of 1/10, n/30. On February 10, 2019, payment was received on merchandise originally billed for $7,500, and the balance due was received on March 1, 2019.
Required:
1.Prepare the journal entries to record the preceding information assuming that Eastman records accounts receivable and sales at
(a) the gross price and
(b) the net price.
2.Next Level What implied annual interest rate is Eastman’s customer incurring by failing to take the cash (sales) discount? (Assume a 365-day year.)
3.Next Level Which method—recording accounts receivable at the gross price or net price—is theoretically superior? Why?
With a discount rate of 1% and assuming a 365-day year, Eastman’s customer is incurring an annual interest rate of
The customer is incurring an annual interest rate of approximately 35.27%.
Eastman Corporation can record accounts receivable and sales either at the gross price or the net price. However, recording at the net price is theoretically superior as it provides a more accurate representation of the expected cash flows from customers and avoids potential misrepresentation of financial statements. The customer incurring an annual interest rate of approximately 35.27% indicates the cost of not taking advantage of the cash discount offered by Eastman.
1. Journal entries to record the preceding information assuming that Eastman records accounts receivable and sales at (a) the gross price and (b) the net price:
(a) Assuming Eastman records accounts receivable and sales at the gross price, the journal entries would be as follows:
On February 1, 2019:
Accounts Receivable $13,000
Sales Revenue $13,000
(To record the sale of merchandise at the gross price)
On February 10, 2019:
Cash $7,425
Sales Discounts $575
Accounts Receivable $8,000
(To record the receipt of payment for merchandise with a cash discount)
On March 1, 2019:
Cash $4,950
Accounts Receivable $4,950
(To record the receipt of the remaining balance due)
(b) Assuming Eastman records accounts receivable and sales at the net price, the journal entries would be as follows:
On February 1, 2019:
Accounts Receivable $11,700
Sales Revenue $11,700
(To record the sale of merchandise at the net price)
On February 10, 2019:
Cash $7,425
Accounts Receivable $7,425
(To record the receipt of payment for merchandise with no cash discount)
On March 1, 2019:
Cash $3,675
Accounts Receivable $3,675
(To record the receipt of the remaining balance due)
2. To calculate the implied annual interest rate, we need to determine the discount taken by the customer and the time period between the sale and the receipt of payment.
The discount taken by the customer is $500 (10% of $5,000), and the time period between the sale and receipt of payment is 28 days (February 10th to March 1st).
Using the formula:
Interest Rate = (Discount / Net Price) / (Time Period / 365)
Interest Rate = ($500 / $5,000) / (28 / 365)
Interest Rate ≈ 0.3527
Therefore, the customer is incurring an annual interest rate of approximately 35.27%.
3. The method of recording accounts receivable at the net price is theoretically superior because it provides a more accurate representation of the actual amount expected to be received from customers. By recording accounts receivable at the net price, Eastman reflects the amount the customer is obligated to pay, excluding any discounts. This method allows for more precise financial reporting and analysis.
On the other hand, recording accounts receivable at the gross price may overstate the amount of accounts receivable and sales revenue. It does not accurately reflect the economic reality of the transaction and may misrepresent the financial position and performance of the company.
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John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision
Answer:
D. Make the decision
Explanation:
The decision needs to be made as soon as possible. Answers B and C both require extra time, which is not an option here. That leaves A and D as possibilities. Answer A makes the least sense of the 4 options (as it would be extremely unprofessional to interrupt a meeting), leaving D as the only reasonable choice.
What steps can Janet take to avoid falling prey to
deceptive advertising? (select all that apply.)
The steps that Janet can take to avoid falling prey to deceptive advertising are the following:
Do her researchKnow what she wantsTrust her judgementHowever, if Janet has already fallen prey to deceptive or false advertising, which is illegal, she can file a lawsuit against the company.The lawsuit aims to recover damages from the company for misleading her into making a purchase or payment for goods or services whose advertising was deceptive.It is generally unethical for a company to mouth a deceptive advertising.Thus, Janet may not only trust online resources or purchase products from one retailer, she should carry out proper research based on what she wants before trusting her judgement.
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Assuming sales remain unchanged, if COGs increases then Gross Profit
Assuming sales remain unchanged, if COGs (Cost of Goods Sold) increases, then the Gross Profit will decrease. Gross profit is the difference between the revenue earned from sales and the cost of goods sold.
When COGs increase, it means that the cost of producing each unit of the product has increased. This will lower the Gross Profit margin since the revenue earned from sales will now have to cover the increased cost of production. Therefore, the Gross Profit margin will decrease by the same percentage as the increase in COGs.
A decrease in Gross Profit margin can have serious implications for a business. It will lower the net profit margin, which is the overall profitability of the business. The business may also have to increase the selling price of its products to maintain its profit margin, which can result in a decrease in sales volume.
Additionally, an increase in COGs may result in reduced profit margins and cash flow, which can lead to financial difficulties and a decrease in the company's overall financial health.
In conclusion, assuming sales remain unchanged, if COGs increase, then the Gross Profit margin will decrease, which can have significant implications for the overall financial health of a business.
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John is out shopping to buy wall decorations for his new man-cave. Which situational characteristic is influencing his behavior?
A- Social surroundings
B- Task definition
C-Temporal perspective
Temporarily feeling hungry, tired or angry are examples of
A- Antecedent states
B- Self-concept
C- None
1. The situational characteristic influencing John's behavior is A - Social surroundings.
2. Temporarily feeling hungry, tired, or angry are examples of A - Antecedent states.
1. The situational characteristic influencing John's behavior in this scenario is A - Social surroundings.
The presence of other shoppers or friends with him can affect his choices and preferences for wall decorations.
Their opinions, suggestions, or the desire to fit in with the social group may influence his decision-making process.
2. Temporarily feeling hungry, tired, or angry are examples of A - Antecedent states.
These states refer to the individual's momentary physical or emotional conditions that can impact their behavior.
When John is hungry, tired, or angry while shopping for wall decorations, it can affect his mood, patience, and overall decision-making process, potentially influencing the choices he makes.
These temporary states can influence his perception, preferences, and level of engagement in the shopping experience.
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whats a simple definition of rebate???
7. calculating the number of periods. at 6.1 percent interest, how long does it take to double your money? to quadruple it?
At a 6.1% interest rate, it will take 23.8 years to triple the money according to the rule of 72.
We may use the Rule of 72, which entails dividing 72 by the interest rate (72/6.1 = 11.9 years), to determine how long it will take to double our money based on an annual interest rate of 6.1%.
It would take roughly twice as long, or 23.8 years (72/ (6.1 x 2) = 23.8 years), to quadruple our money. This rule makes the assumption that interest is compounded annually and excludes taxes and other costs.
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a value creation process could be any of the following except
a value creation process should not be wasteful or inefficient, as it contradicts the purpose of creating value for the organization and its stakeholders.
A value creation process could be any of the following except:
1. Innovation: Developing new products, services, or processes that provide unique value to customers.
2. Operational efficiency: Streamlining operations and processes to reduce costs and improve productivity.
3. Customer experience: Enhancing the overall experience of customers by providing excellent service and personalized interactions.
4. Sustainability: Implementing environmentally friendly practices and strategies to create long-term value for both the organization and the planet.
5. Devaluation: This option is not a value creation process. Devaluation refers to a decrease in the value or worth of something. It is not a deliberate process aimed at creating value.
Therefore, the correct answer is "Devaluation."
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Asking probing questions throughout an interview to find out what the applicant is like is called a/an:
The process of asking probing questions throughout an interview to find out what the applicant is part of an hiring process called Interviewing.
What is hiring process?An hiring process is also called recruitment process because its entails the process of choosing the quailified candidate out of total population/
In conclusion, the process of asking probing questions throughout an interview to find out what the applicant is part of an hiring process called Interviewing.
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What is 3 + 3 and 2 +2 What is 1 + 1
Answer:
3 +3 = 6
2 + 2 = 4
1 + 1 = 2
6, 4, and 2 are 3 + 3 and 2 +2, 1 + 1 respectively.
What is basic addition?Adding at least two integers together is considered basic addition. Once they have mastered counting, students can begin learning basic addition. Students can utilize an addition chart as a learning aid by starting at the row with the first addend and working their way down to it.
The addition is a mathematical operation that combines two or more numbers to give a total or sum. The symbol for addition is "+" and the numbers being added are called addends. For example, in the equation 3 + 3 = 6, 3 and 3 are the addends and 6 is the sum. The addition is one of the four basic arithmetic operations, along with subtraction, multiplication, and division. It is used extensively in many areas of mathematics, science, engineering, and everyday life.
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How much should you pay for a $1,000 bond with 9% coupon, annual payments, and 7 years to traturity if the interest rate is 10 s.? 595132 598140 $1,00000 $1.075.82
Previous question
the amount to pay for the bond will be $860.25.
The value of a $1,000 bond with a 9% coupon, annual payments, and 7 years to maturity will depend on the prevailing interest rate. In this case, if the interest rate is 10%, the bond's price will be discounted as compared to its face value.The bond price can be calculated using the formula for present value of a bond:PV = C × [1 - (1 + r)-n]/r + FV/(1 + r)nWherePV = Present value of bondC = Annual interest paymentr = Interest raten = Number of years to maturityFV = Face value of bondSubstituting the given values into the formula, we get:PV = 90 × [1 - (1 + 0.1)-7]/0.1 + 1000/(1 + 0.1)7≈ $860.25. Therefore, the amount to pay for the bond will be $860.25.
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9. While parked on the street overnight, the passenger window in Sam's car was
smashed by someone trying to break in. Which type of auto insurance
coverage will help cover the cost to get the window replaced?
Liability
Liability insurance coverage will help cover the cost to get the window replaced in this case.
What is Insurance?This is defined as a means of protection from financial loss and include auto and health insurance etc.
Liability insurance will pay for property damage or injuries to another person caused when the individual is at fault. In this case, parking on the street makes the individual to be liable.
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Why do we say that credit is basically a loan?
The planets are kept in their orbit around the sun by a special force.
What is this force called?
I need answers quick!
friction
buoyancy
spinning
gravity
Answer:
gravity is the answer
Answer:
Gravity
Explanation:
Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders for about 12,000 flashing lights per year and has the capability of producing 100 per day. Setting up the light production costs $50. The cost of each light is $1. The holding cost is $0.10 per light per year.
Answer:
The right solution is:
(a) 4,272 units
(b) $134.16
(c) $134.17
(d) $12,268.33
Explanation:
Seems that the given question is incomplete. The attachment of the complete question is provided below.
According to the question, the values are:
Annual demand,
D = 12,000
Number of days,
= 300
Daily demand,
d = \(\frac{12000}{300}\)
= 40
Production rate,
P = 100
Ordering cost,
S = $50
Holding cost,
H = $0.10
(a)
The production run's optimal size will be:
Q = \(\sqrt{\frac{2DS}{H(1-\frac{d}{P} )} }\)
By putting the values, we get
= \(\sqrt{\frac{2\times 12000\times 50}{0.10\times (1-\frac{40}{100} )} }\)
= \(\sqrt{20,000,000}\)
= \(4,471.14\)
or,
= \(4,472 \ units\)
(b)
The average holding cost will be:
= \(\frac{Q}{2}\times H\times [1-\frac{d}{P} ]\)
= \(\frac{4472}{2}\times 0.10\times [1-\frac{40}{100} ]\)
= \(134.16\) ($)
(c)
The average setup cost will be:
= \(\frac{D}{Q}\times S\)
= \(\frac{12000}{4472}\times 50\)
= \(134.17\) ($)
(d)
The total cost per year will be:
= \(Avg. \ holding \ cost+ Avg. \ setup \ cost+Cost \ of \ purchase\)
= \(134.16+134.17+(1\times 12000)\)
= \(12,268.33\) ($)
multiple choice question a company has an unfavorable direct materials quantity variance. a possible reason for this variance is that: multiple choice question. the purchasing department purchased materials at a cost less than expected the production department used more materials than expected the production department used fewer materials than expected the purchasing department purchased materials at a cost more than expected
A possible reason for this variance is that production department used more materials than expected.
What is production?By using the initial inputs productively, the manufacturing process and outcome are produced directly. Land, labor, and capital are thought of as the three basic production components, often known as primary producer commodities or services. In the output process, neither the primary inputs nor the finished product are considerably changed. Materials and energy, which are byproducts of land, labor, and capital, are categorized as secondary elements in classical economics. A further look reveals that primary determinants include all of the resources at play, including land, which includes natural resources above and below the soil. Labor and human capital, however, differ from one another. Technology and entrepreneurship are sometimes regarded as evolved elements in production in addition to the common factors of production in various economic schools of thinking.
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technological advances allow smaller companies to compete with larger companies. group of answer choices true false
True, Technological advances allow smaller companies to compete with larger companies.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.
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These jeans are made in Mexico, assembled in the US and retail for $150, but the profit differs considerably depending on whether they're sold online or at a physical store.
OFFLINE
Cost of goods sold
$45
Cost of goods sold
$45
Store payroll 27.00
Freight to retail store 4.50
Rent 22.50
Marketing 15.00
Other retail costs 12.00
Profit
$24.00
16%
ONLINE
Cost of goods sold 45.00
Free standard
shipping & returns 10.00
Warehouse/fulfilment 5.00
Operating costs
(softwaremaintenance) 30.00
Marketing
15.00
Profit
$45.00
30%
1. Excluding the cost of goods sold, what is the largest expense for a business selling jeans
offline and online?
Answer:
Offline store: $27.00
Online Store: $30.00
Explanation:
For offline store, the other biggest expense is payroll. Payroll refers to wages and salaries paid to employees.
The store payroll is $27.00
For the online store
The other biggest is the operating cost( software maintenance) at $30.00
most stock exchanges today use electronic trading
Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security
A. It hopes to reduce the amount of money available for lending.
Explanation:
Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.
If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.
Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.
The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.
Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the security reach a stage of maturity.The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.Therefore, this process are put in place to balance the economy.
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If a country is taking action to increase its overall productivity and make sure
its businesses are successful, it is pursuing which economic goal?
A. Per capita improvement
B. Economic growth
C. Full employment
ОО
D. Stable prices
SUBT
Answer: It is B
Sorry its a bit late though
Economic growth is the rise or improvement in the market value of the commodities and services generated by an economy within a given fiscal year, adjusted for inflation. Hence option B is correct .
What is Economic growth ?Traditionally, statisticians have calculated growth as a percentage rate of real gross domestic product, or real GDP. In order to remove the inflationary distortion on the prices of produced items, growth is typically calculated in real terms, or terms adjusted for inflation.
Economic growth is measured using national income accounting. Economic growth has both the benefits and disadvantages of GDP growth because it is calculated as the yearly percent change.
The ratio of GDP to population is a typical metric used to compare the economic growth rates of different nations (per-capita income).
'Rate of Economic growth is the term used to describe the yearly geometric growth in GDP from the first to the last year over a period of time.
Without taking into account any variations in the GDP around this trend, this growth rate indicates the trend in the average level of GDP across the time period.
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Of the business structures you’ve learned about, which one interests you the most? Discuss what structure you might choose to start your own business one day and explain why.
Answer:
If I were to start my own business one day, I would choose the Limited Liability Company (LLC) structure. This structure offers the most flexibility and protection for business owners. It allows for the business to be taxed as a pass-through entity, meaning that the profits and losses of the business are passed through to the owners and reported on their individual tax returns. This structure also provides limited liability protection for the owners, meaning that their personal assets are not at risk if the business is sued or incurs debt. Additionally, LLCs are relatively easy to set up and maintain, making them an attractive option for small business owners.
Explanation:
When an advertising campaign for a new product is first launched, which type of advertising would be most helpful in building awareness?.
Answer:
Informative.
Explanation:
Compare impaired loans vs unimpaired loans.
Impaired loans are loans that have experienced a significant deterioration in credit quality and are considered at risk of non-payment or default.
Impaired loans are typically associated with higher credit risk, as they have higher chances of default and require closer monitoring and provisioning. Financial institutions classify loans as impaired when there are objective indications that the borrower may not be able to fulfill their payment obligations.
Unimpaired loans, on the other hand, are considered to have lower credit risk as they are performing according to the agreed-upon terms. These loans do not exhibit any signs of credit quality deterioration and are not expected to result in losses or non-payment.
Financial institutions evaluate and manage impaired loans differently compared to unimpaired loans. Impaired loans often require additional provisions to cover potential losses, and institutions may engage in various strategies such as restructuring or foreclosure to mitigate risk. Unimpaired loans, being in good standing, generally follow the regular repayment schedules without requiring extraordinary measures.
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Suppose that when the price of peanut butter falls from $5 to $4 per jar, the quantity of jelly purchased rises from 10 million jars to 15 million jars.
The cross-price elasticity of demand is -1.82
Calculate the cross-price elasticity of demand:
The formula to calculate the cross-price elasticity of demand is:
(92 -91)/[(02 + 91)/2]
Cross price elasticity
(P2- A)/[(P +P)/ 2]
(15-10)/ [(15+10)/2]
(4-5)/ (4+5)/2]
5/12.5
-1/4.5
0.4
-0.22
=-1.82
Therefore, the cross-price elasticity of demand is -1.82. Since the demand is negative
The goods are said to be Complements.
Your question is incomplete. Please read below to find the missing content.
Suppose that when the price of peanut butter falls from $5 to $4 per jar, the quantity of jelly purchased rises from 10 million jars to 15 million jars. Instructions: Round your answer to two decimal places and include a negative sign if appropriate. The cross-price elasticity of demand between peanut butter and jelly using the midpoint method is The goods are?
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