Answer:
we must first calculate the effective interest rate:
the effective interest rate = 1.08 = (1 + r)²
√1.08 = √(1 + r)²
1.03923 = 1 + r
r = 3.923%
I used an excel spreadsheet to calculate the present value of bond M's coupon payments.
Bond M's price:
PV of face value = $40,000 / (1.03923)⁴⁰ = $8,582.09
PV of coupon payments = $27,449.05
market price = $36,031.14
to determine the market value of bond N (zero coupon bond) we can use the following formula:
market value = future value / (1 + r)ⁿ
market price = $40,000 / (1.03923)⁴⁰ = $8,582.09
In Towneville, the average persons earns $15,000, and the CPI is 125. In Gutenberg, the average person earns $25,00 and the CPI is 225. Where would you choose to live, and why?
Answer:
I would choose to live in Townville. This is because the real wage of $12,000 in Townville is greater than the real wage of $11,111 in Gutenberg.
Explanation:
Note: The correct amount which average persons earns in Gutenberg is $25,000, not $25,00 that is mistakenly written in the question.
The explanation to the answer is now provided as follows:
Where to live and why can be determined by comparing the real wages in Towneville and Gutenberg.
Real wage refers to the nominal wage that has been adjusted for inflation. The real wage can be calculated using the following formula:
Real wage = (Nominal wage / CPI) * 100 ……………. (1)
Where;
For Towneville:
Nominal wage = $15,000
CPI = Consumer price index, an inflation measure = 125
Substituting the values into equation (1), we have:
Real wage in Townville = ($15,000 / 125) * 100 = $120 * 100 = $12,000
For Gutenberg:
Nominal wage = $25,000
CPI = Consumer price index, an inflation measure = 225
Substituting the values into equation (1), we have:
Real wage in Gutenberg = ($25,000 / 225) * 100 = $111.11 * 100 = $11,111
Based on the calculations above, I would choose to live in Townville. This is because the real wage of $12,000 in Townville is greater than the real wage of $11,111 in Gutenberg.
The long-term liability section of Twin Digital Corporation's balance sheet as of December 31, 2020, included 12% bonds having a face amount of $35 million and a remaining discount of $1 million. Disclosure notes indicate the bonds were issued to yield 14%. Interest expense is recorded at the effective interest rate and paid on January 1 and July 1 of each year. On July 1, 2021, Twin Digital retired the bonds at 104 ($36.4 million) before their scheduled maturity.
Answer:
1. Dr Interest Expenses $2,380,000
Cr Discount on Bonds Payable $280,000
Cr Cash $2,100,000
2. Dr Bonds Payable $35,000,000
Dr Loss on redemption of Bonds $2,120,000
Cr Discount on Bonds Payable $720,000
Cr Cash $36,400,000
Explanation:
Preparation of the necessary journal entries by Twin Digital on July 1 2021
1. Dr Interest Expenses $2,380,000
[$ (35 - 1 million) x 14% x 6/12]
Cr Discount on Bonds Payable $280,000
Cr Cash $2,100,000
[$35 million x 12% x 6/12]
(Being to record Interest paid)
2. Dr Bonds Payable $35,000,000
Dr Loss on redemption of Bonds $2,120,000
Cr Discount on Bonds Payable $720,000
[1 million - $280,000]
Cr Cash $36,400,000
[35 million x 104/100]
(Being to record Bonds called at 104)
Answer:
1. Dr Interest Expenses $2,380,000
Cr Discount on Bonds Payable $280,000
Cr Cash $2,100,000
2. Dr Bonds Payable $35,000,000
Dr Loss on redemption of Bonds $2,120,000
Cr Discount on Bonds Payable $720,000
Cr Cash $36,400,000
Explanation:
Preparation of the necessary journal entries by Twin Digital on July 1 2021
1. Interest Expenses $2,380,000 [$ (35 - 1 million) x 14% x 1/2]
Cash Payment $2,100,000 [$35 million x 12% x 1/2]
Discount on Bonds Payable [$2,380,000-$2,100,000 = $280,000]
2. Dr Bonds Payable $35,000,000 [Face Value]
Loss on redemption of Bonds $2,120,000 [Cash + Discount -Face Value]
Discount on Bonds Payable $720,000 [1,000,000- $280,000]
Cash $36,400,000 [35 million (face value) x 104/100 at premium]
PLEASE HELP ME ILL MAKE YOU BRAINLIEST
Answer:
individual
Explanation:
pretty sure
Answer: D
Explanation:
its d not c
Tasks performed by a housekeeper might include:
A.) check-in guests
B.) vacuum
C.) replace bedcovers
D.) dust
(please help :D)
Answer:
c and d
Explanation:
Answer:
b, c, or d................
time is limited i have 2 minuets on this
The best time to visit a college campus is:
A) during spring break.
B) Monday through Thursday.
C) over the summer.
D) on any Friday.
What range of interest rate on a
traditional loan can a company in good
financial standing expect from a bank?
A. 1% up to 10%
B. 15% up to 25%
C. 30% up to 45%
D. 50% and up.
Which of the following would NOT be a career found in the Marketing cluster?
Question 2 options:
Sales Managers
Public Relations Managers
Film Editors
Telemarketers
MOTIVATION TIME
Success doesn’t just find you. You have to go out and get it.
Answer:
thnak u that made my day
Explanation:
HELP ASAP !! Matilda just started her first job. She has some difficulty saving money, but she knows she must do it. Which of the following is the best option to start saving for retirement now?
She can choose a low-interest account.
She can contribute to her employer's matching benefit.
She can enroll in a 529 plan.
She can sign up for a pre-paid plan.
Answer:
She can contribute to her employer's matching benefit.
Explanation:
The best way for Matilda to save is to have the amount she intends to save deducted from her basic salary. By doing this, she will not have direct access to the money, so she cannot spend it. If her employer has a savings matching scheme, then Matilda should join it. Her savings account will grow faster due to her employer's contributions.
A low-interest account will discourage her from saving. The 529 schemes are designed to save money to cater to post-secondary education.
Answer: (B) She can contribute to her employer's matching benefit.
Use the drop-down menus to answer the questions.
Which feature of a text box can be used to change the orientation of the text box?
Which action allows for the selection of all the text in a text box?
How is the mini toolbar accessed?
so i actually figured it out lol
Answer:
The answers are all B
Explanation:
The feature that can be used to change the orientation of a text box is the "Text Direction" option.
Which action allows for the selection of all the text in a text box?This option can be found in the "Format Shape" dialog box, which can be accessed by right-clicking on the text box and selecting "Format Shape" from the context menu. Within the dialog box, the "Text Box" category contains the "Text Direction" option, which can be set to either "Horizontal" or "Vertical."
The action that allows for the selection of all the text in a text box is pressing the "Ctrl+A" keyboard shortcut. This will select all the text within the text box, allowing for quick editing or formatting changes.
The mini toolbar is a context-sensitive toolbar that appears when text is selected in a document or other text-based application. It provides quick access to common formatting options such as font, font size, bold, italic, and underline.
To access the mini toolbar, simply select some text and right-click on it. The mini toolbar will appear next to the cursor, allowing for quick formatting changes without having to navigate to the main ribbon or toolbar.
The mini toolbar can also be customized to include additional formatting options by right-clicking on it and selecting "Customize Mini Toolbar" from the context menu. Overall, the mini toolbar is a convenient tool for quickly formatting text without interrupting the flow of work.
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both mortgages and auto loans
A are riskier for lenders.
B are riskier for borrowers.
C require a down payment in general.
D require minimum payments.
both mortgages and auto loans require minimum payments.
Answer:
C
Explanation:
require a down payment in general
PLEASE ANSWER THE 2 QUESTIONS IN THIS SCREENSHOT FOR ME THANK YOU IF YOU DO AND HERE IS A BRAILIEST IF 2 PEOPLE ANSWER IT OF COURSE:
Answer:
The 1st one is something you want in the future that is expensive the second would say" A customer wants to know the price and the product it self and if its durable"
Explanation:
Answer:
One high end product I want to buy in the future is a thread ripper. It is a processor which is one of the reasons why a computer will run. It is like the heart, it makes all the components work
the customer will want to know that the product is one of the most expensive out there but it is defiantly worth the money. you have to have a good enough mother board to run the thread ripper though. You also need DDR 4 ram at least which makes the computer components work faster and gets rid of lag of course
Explanation:
Preston wants to be an accountant. When he decides on a college education, which would be the best choice for this career?
Answer:
state college with an earned bachelor’s degree
Explanation:
Which situations best demonstrate likely tasks for Business Financial Management workers? Check all that apply.
Marcy helps a family create a budget that allows them to save up for buying a house.
Caleb researches possible cases of fraud and takes notes on what he finds out.
Selena processes customer transactions at a bank.
Jung creates a report with charts to show how a company's money is being spent.
Owen sells automobile insurance policies to people.
Alonzo advises companies about investment strategies.
Answer:
its
b, the caleb one
d, the jung one
d, the Alonzo one
Caleb investigates potential fraud situations and makes notes on his findings. In order to show how a company's money is being spent, Jung develops a report using charts. show potential tasks for those working in business financial management. Thus option (B, C) is correct.
What is management?In order to achieve desired goals and objectives, a person or group of people must be challenged and managed, according to the concept of management. Furthermore, the capacity to organize, supervise, and guide people is a component of management.
Managing telephone costs, employing new employees, purchasing facilities, creating project budgets, etc. are a few examples of financial management for a corporation or firm. financial administration
Therefore, Thus, option (C) is correct.
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organization formed mainly by traders and manufacturers to cater for the interest of their members is
Answer:
Trade associations
Explanation:
A trade association is formed by independent business people or business units in the industry. The objective of a trade association is to get the members to work together to improve the business conditions in the industry. A trade association allows members to network and exchange important business information.
Trade associations are registered as non-profit-making organizations. They provide a platform through which businesses can advocate for their interests with the authorities.
private enterprise is run mainly to?
What are 3 reasons why people work
Answer:
to earn money to feed their families, to pay their bills, to go places,
Explanation:
What is the opposite of fade-in, when the image goes black?
Answer:Umm fade out is the opposite if fade in, but it might not be correct.
Explanation:
;)
Where do teenagers get all the money they need to make purchases? I noticed several new stores had opened up at the local mall. Most of these new stores focused on teenage and young consumers. Yesterday I went shopping.
This paragraph lacks
a.
Proper conventions
c.
Good word choice
b.
Organization
d.
Voice
Answer:
b good word choice
Explanation:
good word choice
Answer:
Organization
Explanation:
:)
PLEASE ANSWER BOTH OF THE QUESTIONS PLS!!!!!!!!!!!!!!!!!!!!
paragraph of changing place
Answer:
put the hold question in the text box
Many performers, like singers, actors, and athletes, get paid large amounts of money. Do you think they earn these amounts or should they get paid less? Why?
Answer:
They deserve that amount of money, they have worked hard to earn that sum of money.
Answer:
no they work for what they have and they work there way to where they are because not everyone can wakeup and be a D-1 football player or a singer those things take time, effort, determination to not give up, and etc. So with all this i think they get payed for what they earn becuase not all singers actors and althletes make the same amount of money!
Explanation:
how do you write 4.3756*10 to the power of 4
Answer:
=43,756
From online sources the full question should be:
How do you write 4.3756*10 to the power of 4 in standard form:
Multiple-choice options:
a) 437,560,000 b) 43, 756 c). 0.00043756 d). 4,3756
Explanation:
4.3756 *10 to the power 4
=4.3756 x10^4
=4.3756 x 10,000
=43,756
Your company produces and markets electronic equipment. Sales last year totaled $2,446,320. The company goal is to increase sales by 12 percent this year. Your division goal is to achieve 25 percent of total sales. What is the dollar value of your division goal?
Answer:
$684,970
Explanation:
The sales last year were $2,446,320.
The company intended to glow sales by 12 %. the new sales amount will be
=$2,446,320 + (12% of $2,446,320)
=$2,446,320 +(0.12 x 2446,320)
=$2,446,320 + 293,558.40
=$ 2,739,878.4
The division's sales will be 25% of 2,739,878.4
=25/100 x $ 2,739,878.4
=0.25 x $ 2,739,878.4
=$ 684,969.6
=$684,969.6
=684,970
MARK MORE THAN ONE PLS!!!!!!!! HELP!!!!
Where can you look to find marketing materials from competitors to learn about their products? Mark all that apply.
A. TV Advertisements
B. Social Media
C. Sales flyer
D. The radio
PLEASE HELP ME ILL MAKE YOU BRAINLIEST
I lost my bestfriend. Omg I can't take it.
Answer:
why tho
Explanation:
why th
Answer:
i'm so sorry this happend to me at the beginning of last year and i was sad for the whole year but im fine now cause she was toxic and wouldn't let me have any friends and i got a glow up
Explanation:
Which of the following describes a food retailer?
uses products from farmers and ranchers, commodity processors, and food manufacturers to offer food to their customers
supports the farmers and ranchers with feed and seed
transports the farmers’ and ranchers’ products and the processed and manufactured food products throughout the system
buys the processors’ products to make prepared food
Answer:
transports the farmers and ranchers
Answer:
B
Explanation:
Jonathan is applying for a new credit card. His credit rating is average. Which APR should he expect after the introductory period? (5 points)
8.99%
10.99%
12.99%
14.99%
Answer:
10.99
Explanation:
When someone like Jonathan with an average credit rating applies for a newer credit card, he should be expecting an APR of 10.99% on his credit card. Therefore, the option B holds true.
What is the significance of credit rating?A credit rating is a phenomenon or a factor that determines the credibility of an individual. Such credit rating is often checked while applying for loans and advances or credit limit through devices like credit cards. Credibility is higher is the rating is higher and vice versa.
If someone has an average credit rating, and they haven't applied for a credit card yet, they are eligible to get a credit cards for an interest APR of as low as 10.99%. Thus, it can be considered as an ideal rate of APR.
Therefore, the option B holds true regarding the significance of credit rating.
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PLEASE ANSWER THESE 3 QUESTIONS I WILL GIVE BRAINLIEST
Answer:
Times of maximum fear is the best time to buy stocks, while times of maximum greed are the best time to sell.
Explanation:
Behind the truism is the tendency of the markets to overshoot on both the downside and the upside. Part of the reason is a pure herd instinct that drives stock prices. The investor who takes an unbiased look at the market might be able to see the herd instinct at work and take advantage of the extreme ups and downs that it causes. That investor can buy low and sell high.
Unfortunately, it's easy to determine after the fact whether a price was too low or too high and even why. During the moment, it is monumentally difficult. Prices both affect and reflect the psychology and emotions of market participants.
For this reason, "buy low, sell high" can be challenging to implement consistently. Traders trying for a more objective view consider other factors to make a more informed decision. These factors include moving averages, the business cycle, and consumer sentiment.