The statement 'when designing roads, bridges, and buildings, it is possible to save large amounts of money on initial construction costs by considering only smaller floods, but in the long run, it is commonly cheaper to build with large floods in mind' is true.
When construction is made such as that of a road, bridge, or building, the government or the organization has to plan the construction process according to the budget.
Making of roads, bridges or buildings that are designed keeping in mind smaller floods will be cheap for the time being. But in case a larger flood situation arises, then the construction will be destroyed and revenue would have to be generated again to build up the road, bridge, or building again.
Hence, in the longer run, it is cheaper to design buildings or rods once keeping in mind the heavy flood situations.
Although a part of your question is missing, you might be referring to this question:
When designing roads, bridges, and buildings, it is possible to save large amounts of money on initial construction costs by considering only smaller floods, but in the long run, it is commonly cheaper to build with large floods in mind. TRUE OR FALSE.
To learn more about construction, click here:
https://brainly.com/question/25795065
#SPJ4
the catalan atlas emphasizes which aspect of the western sudanic states? question 9 options: their muslim faith. their trade routes along the coast of the atlantic ocean. their agricultural diversity and productivity. their wealth in gold.
The Catalan atlas emphasizes which aspect of the western Sudanic states their wealth in gold.
What is wealth?Wealth are valuable financial assets or physical assets that can be converted into a form that can be used for transactions. It includes the basic meaning as in the original Old English word weal, which comes from the Indo-European root. The modern concept of wealth is important in all economic fields and clearly from the point of view of growth economics and development economics, but the meaning of wealth depends on the context. A person with a significant net worth is called rich.
To learn more about wealth, refer;
https://brainly.com/question/17011735
#SPJ4
if the first copy cost of a music video is $223,000 and the marginal cost is $0, then as the firm produces an infinite quantity of the video, the average total cost of producing the video will approach:
All marginal costs plus fixed costs are added to determine the total cost. If the company has zero marginal and constant marginal costs, the total cost will equal the $223,000 fixed cost.
The additional expense incurred in producing one more unit of an item or service is known as the marginal cost. It is derived from the variable cost of production because, once production has begun, there are no additional fixed costs associated with manufacturing another unit of a thing or service because fixed costs do not change as output does. All marginal costs combined with fixed costs equal the total cost. If the company's marginal costs are constant and zero, the total cost will be equal to the set price of $223,000
To know more about Fixed Costs, refer to this link:
https://brainly.com/question/13174714
#SPJ4
Why did keynes believe that fiscal policy was more powerful/effective than monetary policy?.
The Keynesians believe that fiscal policy was more effective than monetary policy.
However, Keynesians remain uncertain of the effectiveness of the monetary policy. They claim that expansionary monetary policies that increase banking system reserves would not have to result in several expansions of the money supply because banks can easily stop lending out their excess reserves.
Keynes suggested that when the economy is booming with low unemployment and strong growth, the government should cut spending and run a surplus to reduce demand and prevent the economy from overheating.
In general, fiscal policy has a higher impact on consumers than monetary policy because it can lead to increased employment and income. Governments drain money from the economy and slow business activity by raising taxes.
Learn more about Fiscal policy & Monetary policy here:
https://brainly.com/question/9802967
#SPJ4
When a country exports more than it imports, this is known as a trade _________.
Answer:
trade deficit hope it helps
Which of the following is the correct definition of a product?
A. A product is anything that can be offered to a market for consumption that does not satisfy a want or need.
B. A product is a tangible good that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need.
C. A product is a tangible good or a service that can be offered to a
market for attention, acquisition, use, or consumption that does not satisfy a want or need.
D. A product is anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need.
E. A product is a tangible good or a service that can be offered to a market for consumption that might satisfy a want or need.
The correct definition of a product is:
A product is a tangible good or a service that can be offered to a market for attention, acquisition, use, or consumption that does not satisfy a want or need.
Physical things that can be touched are referred to as tangible goods. They differ from intangible goods, which might be valuable but aren't actual objects. Although the purchase of intangible items is now readily available over the Internet, product tangible objects still play a significant role in retail. They differ from services, like spa treatments, in that the end outcome of service is not a physical good.
Anything that can be felt physically is considered a tangible good, such as printed books, CDs, DVDs, lights, food, and baseball bats. Asking if something can be product or picked up in the real world is one of the simplest methods to tell if something is substantial or not. The benefit is palpable if the answer is yes.
Learn more about tangible good https://brainly.com/question/13411616
#SPJ4
How does the increasing water scarcity in Egypt affect prices and even the availability of some goods and services?
Answer:
because input price increases the out put price also increases
Explanation:
the law of supply
what is the price of a zero coupon bond that has a par value of $1,000 and 5 years to maturity if the yield on similar bonds is 6%?
The price of a zero coupon bond is $747.27.
M = the date of maturity = $1,000
r = Interest Rate = 6%= 0.06
n= number of years =5 year
zero coupon bond: Price = [tex]M / (1 + r)^n[/tex]
= [tex]\frac{1000}{(1+0.06)^5}[/tex]
=$ 747.27
What is zero coupon bond?A zero-coupon bond also known as a cumulative bond, is a debt security that pays no interest but trades at a deep discount and produces a profit at maturity when the bond is redeemed at full value.
Some bonds are issued as zero-coupon instruments from the outset, while other bonds become zero-coupon instruments after the financial institution de-coupons them and repackages them as zero-coupon bonds. Because zero-coupon bonds offer full payment at maturity, they vary in price much more than coupon bonds.
To learn more about zero-coupon bond, refer;
https://brainly.com/question/29216800
#SPJ4
the ranking performance appraisal system tries to improve performance ratings by forcing managers to:
In order to improve performance evaluations, the behaviorally anchored rating scale performance appraisal system requires managers to: Rate employees based on their actions, not their attributes.
A real estate appraisal, property valuation, or land valuation is the process of forming an opinion of valuation for real property. As opposed to corporate stocks, which are exchanged everyday and are identical, real estate transactions usually require assessments because every property is different and there are few of them. A property, company, antique, or even a collection is assessed for its fair market value through an appraisal. Items that are rarely traded and frequently rare or distinctive are valuation through appraisals. The stated rationale and scope of an appraisal assignment, i.e., to conduct an analysis or consulting assignment to real property decisions, or to estimate a specific value of any real property interest, serve as the purpose of the appraisal.
Learn more about appraisal here:
https://brainly.com/question/28941651
#SPJ4
kibble bites and chow hound, two makers of dog food, agree that kibble bites will sell its lamb and rice dog food in new jersey but not in delaware, and chow hound will sell its lamb and rice dog food in delaware but not in new jersey. their agreement is a:
The agreement between Kibble Bites and Chow Hound is a horizontal market division.
A horizontal market is varied in such a way that the goods produced may satisfy the demands of multiple industries. A horizontal market is where the output goods or services are extensively used and in high demand, posing low risk to the producers in terms of output demand. However, there is sometimes fierce competition among producers in the sector.
Only one market level is involved in a horizontal market segmentation. An illustration of a horizontal market-division agreement would be four businesses that produce the same type of widgets and agree to share the market in which they sell those widgets.
To know about vertical markets refer:
https://brainly.com/question/28462545
#SPJ4
When would you see the greatest gain if there is a compensating differential built into your salary?.
In labor economics, the phrase "wage differential" is used to examine the relationship between wage rates and the unpleasantness, danger, or other unfavorable characteristics of a given profession.
A compensating differential, also known as a compensating salary differential or an equalizing difference, is the additional revenue necessary to persuade a person to accept a certain unfavorable job in comparison to alternative jobs that worker may perform.
In this case, the compensating differential would be negative, meaning that a given worker would be willing to accept a lower wage for an especially desirable job in comparison to other jobs. One can also speak of the compensating differential for an especially desirable job, or one that provides special benefits.
The concept of compensating differentials has been used to examine issues including the possibility of future unemployment, the possibility of harm or unsafe sex, the monetary value that employees place on their own lives, and the explanation of geographical wage differences.
To know more about compensating differential click here:-
brainly.com/question/29416766
#SPJ4
you want to configure nat so that packets from all hosts on network 192.168.2.0 will share the registered ip address 24.1.2.8 as shown. you have already identified the inside and outside nat interfaces on the router. which of the following command options will translate all inside host addresses to the single registered ip address?
Due to NTP's high efficiency, two machines can be synchronized to within one millisecond of one another with just one packet sent per minute.
What are Registers?One of the few data storage areas that are a part of the computer processor is a processor register (CPU register). An instruction, a storage location, or any other type of data could be stored in a register (such as a bit sequence or individual characters). Registers are mentioned in some instructions as a part of the instruction.The register is used in computer organization to recognize, store, and transfer information and instructions that are being used quickly by the CPU. There are various register types that are used for various purposes. Several of the frequently used registers include: DR for accumulatorA type of computer memory called a register is used to quickly accept, store, and transfer data and instructions that the CPU needs right away. Processor registers are a common name for the registers used by the CPU.Hence,NTP's high efficiency, two machines can be synchronized to within one millisecond of one another with just one packet sent per minute.
Learn more about registers click here:
https://brainly.com/question/25760471
#SPJ4
when an existing firm creates a new venture or develops an innovation,it is said to be engaging in:acorporate emergence.btransformational leadership.cexceptional r
When an existing firm creates a new venture or develops an innovation, it is said to be engaging incorporate entrepreneurship corporate entrepreneurship.
Corporate entrepreneurship empowers established businesses to innovate and take calculated risks. If it is successful, it uses corporate influence to open up new business opportunities. Some people may find the concept of corporate entrepreneurship to be incongruous, but those who are familiar with it realise how its benefits exceed its drawbacks.
Corporate entrepreneurship enables the core firm to gain from innovative concepts and tactics while the team implementing the new endeavour takes advantage of established corporate venture capital, brand recognition, and other resources that are usually inaccessible to startups.
Learn more about corporate entrepreneurship here:
https://brainly.com/question/17438752
#SPJ4
which policy allows for a more stable output response to a shock that arises from a change in the demand for goods and services?
Policy that allows overall demand through an easing of monetary policy that lowers interest rates.
What interest rates means?
An interest rate can be defined as the amount a lender charges a borrower and is a percentage of the principal the amount loaned.
Advantages of interest rate includes higher savings returns that can be earned in a savings account .Central banks raise or lower short-term interest rates to ensure stability and liquidity in the economy
They depend upon
supply and demand of creditan increase in the demand for moneyHence, Policy that allows overall demand through an easing of monetary policy that lowers interest rates.
To know more about interest rates from the given link
https://brainly.com/question/20715710
#SPJ4
terence works for a u.s.-based company that has decided to stop sending products to malaysia because that country has established a 74% of value tax rate on every item that comes into the country. what type of political and legal force is in place in malaysia? multiple choice question.
The Yang di-Petrean Agong is the head of state and the Prime Minister of Malaysia is the head of government in Malaysia, which is a federal representative democratic constitutional monarchy.
What type of political structure does Malaysia employ?
Malaysia, a federation made up of the 11 States of Malaya, the Borneo States of Sabah and Sarawak, and 3 Federal Territories, is categorized as a representative democracy and operates as a constitutional monarchy under the Westminster system. The United Malays National Organization (UMNO) has been in power since 1957 despite Malaysia having a multi-party parliamentary system and a constitutional monarchy, and opposition parties do not compete on an even playing field.
To know more about government in Malaysia, refer:
https://brainly.com/question/28732627
#SPJ4
According to an article in crain’s chicago, how much is nascar spending to stage its first street-circuit race in chicago next year as part of its 75th anniversary?.
NASCAR itself will spend roughly $50 million setting up and running the event, will fill an estimated 24,000 room-nights in area hotels, and used standard multipliers in coming up with the $113.8 million figure, the spokesman said.
What is NASCAR's purpose?
Since its founding in 1948 in Daytona Beach, Florida, NASCAR has served as North America's governing body for stock car racing. By the turn of the twenty-first century, stock car racing had become a hugely popular sport in the United States.How does a car become a NASCAR?
The top, hood, and trunk lid are the three factory-standard components that race cars must have according to the rules. The race car's specific manufacturing processes and remaining components are made for it. The car's body must adhere to precise NASCAR blueprints.Learn more about NASCAR
brainly.com/question/26240660
#SPJ4
. which of the following best describes a set of detailed practices for it service and asset management? a. information technology infrastructure library (itil) b. project management body of knowledge (pmbok) c. agile methodology d. iso 9000
Option a, information technology infrastructure library describes a set of detailed practices for its service and asset management.
An information technology infrastructure library is used in a business to improve the overall lifecycle of production. It includes selection, modification, delivery, and maintenance in production.
It enabled the information technology administrators to be partners with the business instead of being in the backend. The actions and expenses of the information technology departments are following the needs and changes of the business.
Information technology infrastructure library creates documentation and certifications based on the present infrastructure and the services provided by the business. The origin of the technology infrastructure library can be traced to the decade of the 1980s.
Learn more about Information Technology Infrastructure library here https://brainly.com/question/28503384
#SPJ4
austin spends all his income on food (f) and shelter (s). his budget line is given by the equation 5f 20s = 100. which of the following consumption bundles is part of his consumption possibilities?
a. 8 units of F and 3 units of S
b. 14 units of F and 2 units of S
c. 0 units of F and 6 units of S
d. 20 units of F and 15 units of S
8 units of F and 3 units of S consumption bundles is part of his consumption possibilities.
Consumption is the act of the usage of sources to fulfill present-day want and desires.[1] it's far seen in contrast to making an investment, that is spending for the acquisition of destiny earnings.[2] intake is a first-rate concept in economics and is likewise studied in lots of different social sciences. One of a kind colleges of economists define consumption differently. In line with mainstream economists, best the final buy of newly produced goods and offerings by way of individuals for fast use constitutes consumption, at the same time as other varieties of expenditure — specially, constant investment, intermediate consumption, and government spending — are positioned in separate categories (see customer choice). Other economists define intake lots greater extensively, because the mixture of all monetary interest that doesn't entail the design, production and marketing of goods and offerings.
Learn more about consumption
https://brainly.com/question/27438014
#SPJ4
The crowding‑out effect describes a scenario in which federal deficit spending causes:.
The crowding‑out effect describes a scenario in which federal deficit spending causes:. increased interest rates, which reduces private spending.
What is the crowding out effect?According to the crowding out effect, declining private sector spending is caused by growing public sector spending.
Infrastructure, social welfare, and economics are the three main causes of the crowding out effect.
Contrarily, crowding in shows that borrowing from the government may actually boost demand.
This type of borrowing's sheer size can cause real interest rates to rise significantly, which has the effect of saturating the economy's lending capacity and deterring companies from making capital investments.
Read more on crowding out effect here: https://brainly.com/question/995089
#SPJ1
Originated by frederick brooks, what term describes the situation that is caused by the increased complexity of communications that result from adding more people to a project?.
The phrase "Adding personnel to a late software project makes it later" refers to the fact that when a person is added to a project team while it is already behind schedule, the project time actually increases rather than decreases.
What among the following best describes Brooks law?According to the software project management principle known as Brooks' law, adding personnel to a project that is already running behind schedule only makes it worse. In his 1975 book The Mythical Man-Month, Fred Brooks used it as a term.
What does the software project management Brooks formula entail?Engineering Individuals & Teams Features of business products. The phrase "adding human resources to a late software project makes it later" was first used by Fred Brooks forty years ago and has now become known as Brooks's Law. Since then, empirical study has supported that theory.
To know more about Brooks's Law visit:
https://brainly.com/question/29407879
#SPJ4
A group of friends were working on a student film that had a budget of $1500. They used $1260 of their budget on props. What percentage of their total budget did they spend on props?.
The percentage of budget the group of friends spent on props is 84%.
The expression “Percentage” means “per cent” i.e., per 100 units. It represents one hundredth part of a quantity. Percentage is calculated by dividing given units of a quantity by total units of the same quantity and then multiplying the resultant by 100.
Total Budget available for student film = $1500
Budget used on props by group of friends = $1260
Percentage of budget spent by group of friends on props =
(Budget used on props ÷ Total Budget available for student film)×100
= ($1260÷$1500)×100
Dividing numerator and denominator by 15, we get
= ($84÷$100)×100
Cancelling 100 by 100, we get
= 84%
To know more about budget, click here
https://brainly.com/question/21535553
#SPJ1
currently, 3m company pays an annual dividend of $3.87. if the stock is selling for $90, what is the dividend yield? (enter your answer as a percent rounded to 1 decimal place.)
The 3m Company currently distributes a $3.87 annual dividend. The dividend yield is 4.6% if the stock is trading at $90.
Dividend per share by share price equals the dividend yield, also known as the dividend-price ratio of a share. If the number of shares remains constant, it is also the total annual dividend payments made by a firm divided by its market capitalization. It's frequently stated as a percentage.
Dividend yields will differ by industry and sector. At first glance, some dividend yields may appear insignificant, whereas relatively high yields, such as those over 5%, frequently attract a lot of attention.
Annual Dividend = $3.87
The stock is selling at $90 , so,
Stock Price = $90
Dividend Yield = Annual Dividend / Stock Price
Dividend = $3.87 / $90 = 0.046
Therefore, Dividend Yield = 4.6%
To learn more about Dividend Yield, refer to this link:
https://brainly.com/question/14254149
#SPJ4
which of the following is not a theory for imposing liability in tort? group of answer choices strict liability. intentional conduct. negligent conduct. criminal conduct.
In tort law, strict liability is the imposition of legal responsibility on a birthday celebration except finding a fault (such as negligence or Tortious intent).
The plaintiff solely wishes to proof that the tort befell and that the defendant used to be responsible
What is pigeon hole theory in torts?Only well-defined wrongs ought to be regarded as tort and restrained within a small box acknowledged as a pigeon hole. He in contrast the area of tort to that of a pigeon gap with a wide variety of smaller holes. These smaller holes would symbolize assault, slander, battery, malicious prosecution, and all the identified wrongs.
What is the difference between Salmond and Winfield concept of regulation of tort?Winfield proposed that “ each and every damage is a tort unless justified”, whereas Salmond said that “ no injury can be said to be tort till or until they fulfill the condition of pigeon hole”.
Learn more about theory of torts here:
https://brainly.com/question/14965931#SPJ4on october 1, george jones entered into a contract with johnson motor company, a dealer in automobiles, to buy a car for $10,600. he paid $1,100 down and agreed to make monthly payments thereafter of $325 each. although he made the first payment on november 1, he failed to make any more payments. jones was seventeen years old at the time he made the contract, but he represented to the company that he was twenty-one years old because he was afraid the company would not sell the car to him if it knew his real age. his appearance was that of a man of twenty-one years of age. on december 15, the company repossessed the car under the terms provided in the contract. at that time, the car had been damaged and was in need of repairs. on december 20, george jones became of age and at once disaffirmed the contract and demanded the return of the $1,425 paid on the contract. when the company refused to do so, jones brought an action to recover the $1,425, and the company set up a counterclaim of $1,500 for expenses it incurred in repairing the car. who will prevail? why?
The liability for misrepresentation of age will prevail.
What is misrepresentation of age?In order to get a benefit or rights that might otherwise be denied to them, a person may misrepresent their age by lying to them or misleading them in another way. The charges for these kinds of offenses frequently read "Misrepresentation of Age by a Minor," as they are typically committed by juveniles. However, age fraud can happen in a variety of other contexts and can be carried out by a wide range of individuals or groups of individuals. Up to a year in jail and/or monetary penalties are possible for misdemeanor offenses. Due to the prevalence of minors as parties in these cases, the defendant may frequently be subject to juvenile-specific penalties, such as community service projects or time spent in juvenile detention.
To learn more about juveniles, visit:
https://brainly.com/question/14634166
#SPJ4
How are securities issued by the state and local governments and corporate bonds similar ?
How are they different ?
The similarity between government bonds and corporate bonds are:
they are exposed to interest rate riskthey have credit or default riskThe difference between government bonds and corporate bonds is that the corporate bonds are issued by corporations and offer a higher yield relative to a government bond due to the higher risk of insolvency.
What are corporate bonds and government securities?Basically, a securities refers to a financial instrument that has monetary value and can be traded. They are classified as either equity securities such as stocks and debt securities such as bonds and debentures.
In a financial market, there are two entities that issues bonds which are government and private companies. All bonds issued by the government are called government bonds while the bonds issued by private organisations are called corporate bonds.
Read more about securities
brainly.com/question/25688423
#SPJ1
marketers use copy testing to assess the potential effectiveness of their marketing communications message. which of the following measures comprises copy testing?
the following criteria include copy testing, pre-post-viewing interest, and purchasing intent.
A corporation or organization uses the purchasing process to buy products or services in order to achieve its objectives. Although many businesses make an effort to establish standards for the purchasing process, procedures can differ significantly between firms.
The expediting, supplier quality, transportation, and logistics are often also included in the larger procurement process, which includes purchasing.
The organization's acquisition criteria and procedures are directed by purchasing managers/directors and procurement managers/directors. The majority of businesses base their purchasing systems on a three-way check. As a result, three organizational departments complete various phases of the purchase process. For the purpose of discouraging unethical behavior and enhancing the process' credibility, the three departments do not all report to the same senior manager.
Correct question
marketers use copy testing to assess the potential effectiveness of their marketing communications message. which of the following measures comprises copy testing?
Pre- and Postviewing purchasing interest
copy testing
purchasing intent.
Learn more about purchasing here:
https://brainly.com/question/18596661
#SPJ4
The ________ role involves managers making decisions about who gets what, how much, when, and why.
The Resource Allocator role involves managers making decisions about who gets what, how much, when, and why.
Who is a Resource Allocator?The practise of assigning and managing resources in a way that meets an organization's strategic planning objectives is known as resource allocation. Allocating resources involves managing hard assets like hardware to maximize the usage of soft assets like human capital. The distribution of resources is primarily divided into two categories: continuous and one-time. Resources can be distributed in the context of an entire economy using a variety of mechanisms, such as markets or planning. The practice of assigning and managing resources in a way that meets an organization's strategic planning objectives is known as resource allocation. Resource management comprises controlling hard assets like hardware to maximize the utilization of soft assets like human capital.
Hence, The Resource Allocator role involves managers making decisions about who gets what, how much, when, and why.
To learn more about Resource Allocator click,
https://brainly.com/question/5340269
#SPJ4
fob shipping point means title passes when the seller ships the inventory, not when the buyer receives it.
a. true
b. false
A Fob shipping point means the title passes when the seller ships the inventory, not when the buyer receives it. true
A deliver is a huge watercraft that travels the sector's oceans and different sufficiently deep waterways, sporting cargo or passengers, or in the help of specialized missions, such as defense, research, and fishing. Ships are normally distinguished from boats, based on size, shape, load ability, and reason.
Ships have supported exploration, change, battle, migration, colonization, and technology. After the fifteenth century, new crops that had come from and to the Americas via EU seafarers substantially contributed to world populace growth. deliver delivery is chargeable for the biggest element of global trade.
Learn more about ships here: https://brainly.com/question/22518031
#SPJ4
owen's adjusted gross income for the year will be $150,000 and he is planning to make only one of following charitable donations. if he contributes $100,000 cash to a public charity, he can deduct $ . if he contributes property that is worth $80,000 to a public charity, he can deduct $ . or, if he contributes publicly traded stock with a fmv of $60,000
AGI (adjusted gross income) is total gross earnings less above-the-line deductions such as the educator rate deduction or the scholar loan activity deduction.
These are located on Schedule 1 of Form 1040. Your taxable income is your AGI minus either the preferred or itemized deductions and the qualified enterprise profits deduction.
What is the method for AGI?The AGI calculation is enormously straightforward. It is equal to the total earnings you report it is subject to profits tax—such as revenue from your job, self-employment, dividends and hobby from a bank account—minus unique deductions, or “adjustments” that you're eligible to take.
Learn more about adjusted gross income here:
https://brainly.com/question/1931633#SPJ4accrotime is a manufacturer of quartz crystal watches. accrotime researchers have shown that the watches have an average life of 36 months before certain electronic components deteriorate, causing the watch to become unreliable. the standard deviation of watch lifetimes is 6 months, and the distribution of lifetimes is normal. (a) if accrotime guarantees a full refund on any defective watch for 2 years after purchase, what percentage of total production will the company expect to replace? (round your answer to two decimal places.) % (b) if accrotime does not want to make refunds on more than 15% of the watches it makes, how long should the guarantee period be (to the nearest month)? months
The percentage of total production the company expect to replace = 34.46% . And the guarantee period of watch must be 12 months.
Guarantee period :Guarantee Period shall express the period during which the Contractor shall remain liable without any redundant expense to the Purchaser for form, replace or reform any imperfect part or performance of the Stores provisioned under the Contract.
Evaluating the given problem :mean = μ = 36
standard deviation = σ = 6
a) P(x < 24) = P[(x - μ) / σ < (24 - 36) / 6]
= P(z < - 2 )
Using z table,
= 0.3446
The percentage is = 34.46%
b) Using standard normal table,
P(Z < z) = 15 %
= P(Z < z) = 0.15
= P(Z < -1.55) = 0.15
z = -1.55
Using z-score formula,
x = z × σ + μ
x = -1.55 × 15 + 36
x = 12.75
x = 12 months.
Why Do Customers Return Their Purchases?
The most usual reasons of purchase returns are unmet expectations, damaged or imperfect products, and mistaken fit. Any of these issues can be caused by collapses on the trader's part or by occurrences the trader had no control over.
Learn more about purchase return :
brainly.com/question/28931907
#SPJ4
when patey pontoons issued 10% bonds on january 1, 2024, with a face amount of $720,000, the market yield for bonds of similar risk and maturity was 11%. the bonds mature december 31, 2027 (4 years). interest is paid semiannually on june 30 and december 31. required: determine the price of the bonds at january 1, 2024. prepare the journal entry to record their issuance by patey on january 1, 2024. prepare an amortization schedule that determines interest at the effective rate each period. prepare the journal entry to record interest on june 30, 2024. what is the amount related to the bonds that patey will report in its balance sheet at december 31, 2024? what is the amount related to the bonds that patey will report in its income statement for the year ended december 31, 2024? (ignore income taxes.) prepare the appropriate journal entries at maturity on december 31, 2027.
1) The cost of the bonds is 697197 as of January 1, 2024.
2) the journal entry to reflect Patey issuing them on January 1st, 2024
Dr. Cash A/c 697197
To Bond Payable Account 22803 Discount
Bonds payable at Account Number 720000
3) In the amortization schedule, interest costs are computed using the carrying value of the bond and the semi-annual market rate of interest.
4) the entry to be made in the journal on June 30, 2024, for interest:
Dr. 38346: Interest Expense
To Discount on Bond Payable A/c 2346 To Cash 36000
5) According to Patey's financial sheet as of December 31, 2024, the amount associated with the bonds is 702017.
6) Patey will report $76,821 in bond-related expenses on its income statement for the fiscal year that ends on December 31, 2024.
7) the required journal entries on December 31, 2027, maturity:
31-Dec-27 Interest Cost Account Number 39411
To Cash Account 36000 From Discount on Bond Payable A/C 3411
31-Dec-27
Bond Payable A/c Dr 720000 To Cash A/c 720000
1) Bond prices as of January 1, 2024, are as follows:
Values in the chart are based on:
n= (4 * 2) = 8 years Half years
i= (11% / 2) = 5.50% Semi-annual
Cash Flow Table Value * Amount = Present Value
Principal 0.65160 * 720000 = 469152
Interest (Annuity)
[$720,000*10%*6/12] 6.33457 * 36000 = 228045
Price of Bonds 697197
Bond prices are determined by the present values of the principal and interest.
2) The following is the journal entry to reflect the bond issuance:
01-Jan-24 Cash A/c Dr 697197
To Discount on Bond Payable A/c 22803
To bonds payable A/c 720000
(Being a discount-priced bond)
3) Bond Amortization Schedule
Date Cash Interest Discount Unamortized Carrying
Interest Expense Amortization Discount Value
01-Jan-24 22803 697197
30-Jun-24 36000 38346 2346 20458 699542
31-Dec-24 36000 38475 2475 17983 702017
30-Jun-25 36000 38611 2611 15372 704628
31-Dec-25 36000 38755 2755 12617 707383
30-Jun-26 36000 38906 2906 9711 710289
31-Dec-26 36000 39066 3066 6645 713355
30-Jun-27 36000 39235 3235 3411 716589
31-Dec-27 36000 39411 3411 0 720000
Interest costs are calculated using the bond's carrying value and the semi-annual market rate of interest.
4) 30-Jun-24 Interest Expense Dr 38346
To Discount on bond payable A/c 2346
To Cash 36000
(To register Interest as of June 30, 2024)
5) As per the Bond Amortization Schedule, Bonds reported on December 31, 2024, are equal to 702017.
6) The total of the year's recognized semi-annual interest expenses is the amount of interest expense to be shown on the income statement.
amount pertaining to the bonds that Patey will disclose on its income statement for the fiscal year ending December 31, 2024 = 38346 + 38475
Therefore, the Interest Expense to be reported in the Income Statement will amount to $76,821
7) At maturity, appropriate journal entries are prepared as follows:
31-Dec-27 Interest Expense A/c Dr 39411
To Discount on bond payable A/c 3411
To Cash A/c 36000
31-Dec-27 Bond Payable A/c Dr 720000
To Cash A/c 720000
(Both interest costs and principal payments are made at maturity.)
To know more about Bond Prices, refer to this link:
https://brainly.com/question/15518377
#SPJ4