Question 7
Ms. White has started her job and wanted to save her money in one way or other. But instead of
saving money in the bank, she wished to invest it so that money could earn a return. She is
intimidated by her friend's investment growth and decides to do the same. She decided to
purchase a bond with face value $1,000. The annual coupon payment for the cond is 9%. The
interest rate of the bond is 13% and maturity 2. She knew that the maturity levels and interest
rate of the bond impact its price. So to test the same statement, she purchased 2 more bonds
with the same specifications, except, one with maturity 2 and interest rate 10% while the other
with maturity 3 and interest rate 13%. Determine the impact of change in the value of the bond.
A: The bond selling price is $773.98 when interest rate decrease to 10% and $819.01 when
maturity increases to 3.
B: The bond selling price is $796.46 when interest rate decrease to 10% and $853.63 when
maturity increases to 3.
C: The bond selling price is $982.64 when interest rate decrease to 10% and $835.07 when
maturity increases to 3.
D: The bond selling price is $900.00 when interest rate decrease to 10% and $979.65 when
maturity increases to 3.

Answers

Answer 1

The impact of the change in the value of the bond, given the bond face value and the maturity, is C: The bond selling price is $982.64 when interest rate decrease to 10% and $835.07 when maturity increases to 3.

How is bond value affected by interest and maturity ?

The likelihood that inflation may increase quickly at some point and drop a bond's price increases with the bond's maturity. In order to draw purchasers who would otherwise be concerned about rising inflation, bonds with a long maturity must provide slightly higher interest rates.

Interest rates and bond prices are inversely correlated. Accordingly, bond prices decrease as interest rates rise and increase when interest rates fall.

Using a bond value calculator, when the interest of the bond decreases to 10 %, then the value of the bond would become $ 982. 64. Using that same bond value calculator, the value of the bond would be $ 835.07 if the maturity was to increase to 3.

Find out more on bond value at https://brainly.com/question/25965295

#SPJ1


Related Questions

suppose that you are employed as an advisor to the central bank. select the proper policy recommendation or economic prediction for each of the given scenarios.

Answers

As the advisor to the central bank, the proper monetary policy recommendation provided for each given scenarios is:

A rising price level and a ricing GDP: Contractionary or restrictive monetary policy (tight money policy)A rising price level and a below-par GDP growth: It is unclear which type of monetary policy is appropriateTight money policy will increase the interest rates

Monetary policy is a set of policy made by the central bank to control the amount of money supply available in the economy. Monetary policy is ade to promote sustinable economic growth and control inflation. Monetary policy may come in 3 types of decision:

Neutral monetary policyExpansionary monetary policyContractionary monetary policy

Neutral monetary policy is created by the central bank when the operating and interemediates variables are at their equalibirium points. This condition happens when the output equals to the expected inflation in the objective. The central bank will not constraint or stimulate the aggregate demand and inflation. The real interest and exchange rates will remain at neutral levels.

Expansionary monetary policy is taken when the domestic currency is undervalued and credits are cheap. Expansionary monetary policy happens when the economic growth is behind the targeted level. The central bank will decrease the interest rate and increase money supply to encourage more spending to boost the economic growth.

Contractionary monetary policy when the domestic currency is overvalued and expensive credit occurs. Contractionary monetary policy is made to slow down the expansive economic growth and control the inflation level. The central bank will limit the amount of money supply by increasing the interest rate to encourage saving and investment.

Let's discuss every scenario we have

Scenario 1

When the price level is rising and GDP is rising, it shows that the economiy grows too expansive than the targeted levels. To handle this condition, the central bank should apply contractionary monetary policy to avoid over-inflation to happen.

Scenario 2

When the price incrase but the GDP level is below par, this condition should receive more investigation and analysis. Because applying expansionary monetary policy will increase GDP but inflation might happen. Meanwhile, applying contractionary monetary policy to control price will bring GDP level much lower than its initial level.

Scenario 3

Contractionary monetary policy is used to limit the amount of money supply. Hence the central banks hould encourage more savings and investments by increasing the interest rates.

Learn more about Monetary Policy here: https://brainly.com/question/28038989

#SPJ4

Complete Question:

Suppose that you are employed as an advisor to the central bank. select the proper policy recommendation or economic prediction for each of the given scenarios.

1. Which policy is appropriate when a rising price level and a rising GDP are a concern?

Contractionary or restrictive monetary policy (tight money policy)Expansionary monetry policy (easy money policy)It is unclear which type of monetary policy is appropriate

2. Which policy is appropriate when a rising price level is a concern and GDP is not growing at an acceptable rate?

It is unclear which type of monetary policy is appropriate.Expansionary monetary policy (easy money policy)Contractionary or restrictive monetary policy (tight money policy)

3. Contractionary or restrictive monetary policy (tight money policy) will cause interest rates to

Increase somteimes and decrease sometimesIncreaseDecrease

on january 1, 20y2, hebron company issued a $127,000, 5-year, 11% installment note to ventsam bank. the note requires annual payments of $34,362, beginning on december 31, 20y2. journalize the entries to record the following: 20y2 jan. 1 issued the note for cash at its face amount. dec. 31 paid the annual payment on the note, which consisted of interest of $13,970 and principal of $20,392. 20y5 dec. 31 paid the annual payment on the note, including $6,473 of interest. the remainder of the payment reduced the principal balance on the note.

Answers

Journal Entries of Hebron company:

Jan. 1, 20Y2:

Debit Cash  $127,000

Credit 11% Note Payable (Ventsam Bank)  $127,000

To record the issuance of the note.

Dec. 31, 20Y2:

Debit 11% Note Payable (Ventsam Bank)  $20,392

Debit Interest Expense $13,970

Credit Cash $34,362,

Record the first payment of the note with interest.

Dec. 31, 20Y5:

Debit 11% Note Payable (Ventsam Bank) $20,392

Debit Interest Expense $6,473

Credit Cash $26,865

Record the fourth payment of the note with interest.

Data and Analysis:

Jan. 1, 20Y2: Cash $127,000 11% Note Payable (Ventsam Bank) $127,000

Dec. 31, 20Y2: 11% Note Payable (Ventsam Bank) $20,392 Interest Expense  $13,970 Cash $34,362.

Dec. 31, 20Y5: 11% Note Payable (Ventsam Bank) $20,392 Interest Expense $6,473 Cash  $26,865

Learn more about computation of journal entries:

https://brainly.com/question/15968201

#SPJ4

if you believe the economy is about to go into a recession, you might change your asset allocation by selling and buying .

Answers

If you believe the economy is about to go into a recession, you might change your asset allocation by selling growth stocks and buying long-term bonds.

when there is a recession in the economy?

A period of overall economic deterioration known as an economic recession is frequently accompanied by a decline in the stock market, a rise in unemployment, and a decline in the housing market. Recessions typically have less of an impact than depressions. typically longer than two successive quarters.

Central banks boost interest rates to slow the economy and reduce inflation as inflation rises. Higher interest rates raise the likelihood of a recession, which can result in layoffs, reduced employment, and reduced consumer and business expenditure, among other repercussions of a slowing economy.

To know more about recession in the economy, refer:

https://brainly.com/question/11262295

#SPJ4

the if-converted method of computing earnings per share data assumes conversion of convertible securities as of the group of answer choices beginning of the earliest period reported (or at time of issuance, if later). middle of the earliest period reported (regardless of time of issuance). beginning of the earliest period reported (regardless of time of issuance). ending of the earliest period reported (regardless of time of issuance).

Answers

The correct answer is option a. The if-converted method of computing earnings per share data assumes the conversion of convertible securities as of the group of the beginning of the earliest period reported (or at the time of issuance, if later).

The if-converted method is used by investors to determine the value of convertible securities in the event that they are converted into fresh shares. This is accomplished by examining the convertible security's conversion ratio and contrasting the conversion price with the stock's current market price.

Investors can learn more about a company's performance using the if-converted technique, which additionally calculates earnings per share (EPS) based on the number of shares in the company's currency as well as earnings if all convertible securities were converted to common stock. It is referred to as diluted EPS if all convertible instruments are converted to common stock.

Learn more about convertible securities here brainly.com/question/14276110

#SPJ4

consider a restaurant that wants to avoid kitchen fires. the restaurant could make many investments both to avoid the fires in the first place and to quickly and safely put them out if they do occur. suppose that the marginal cost (mc) and marginal benefit (mb) of these investments in fire control technologies is illustrated in the following figure.

Answers

Introduction A Restaurant wants to avoid kitchen fires. The restaurant could make many investments to avoid the fires in the first place quickly and safely.

The market is in equilibrium where the marginal cost curve and marginal damage curve intersect and define P price level and Quantity. If no insurance are available, the firm, it will invest an amount that makes marginal social cost and marginal social benefit equal. If full investment is available, the restaurant would purchase more fire in part a. Because full insurance is available. Therfore they purchase more insurance for investment. All other options are wrong. If less insurance is available,  they will invest less.

Learn more about investments here

https://brainly.com/question/25300925

#SPJ4

linking a gpo to a container does not causes all the users and computers in that container to receive the gpo settings by default.

Answers

This is because you apply security filtering in the Group Policy Management console.

What is considered a container?

A container is any enclosure or enclosure that is used to keep a product through keeping, packaging, nor transport, including shipping. Anything kept within a container is safeguarded on several fronts by the architecture that encloses it.

What is a large container called?

An intermodal container, also known as a storage container, is a sizable, uniform shipping container that was created for transporting goods. This means that the contents within these containers may be transported by ship, train, and truck without having to be unloaded and reloaded.

To know more about Container visit:

https://brainly.com/question/20533888

#SPJ4

The complete question is-

By default, linking a GPO to a container causes all the users and computers in that container to receive the GPO settings. How can you modify the default permission assignments so that only certain users and computers receive the permissions and, consequently, the settings in the GPO?

TRUE/FALSE. growth of business along major arteries connecting two large industrial or commercial centers that are some distance apart

Answers

Expansion of companies or plants along the major thoroughfares that connect two important industrial or commercial hubs is also known as "corridor development".

A corridor development is what?

Corridor Development Initiative (CDI) supports communities in building and preserving excellent neighborhoods by transforming how they perceive potential for development. Our approach expedites project advancement by aligning market realities with neighborhood and urban planning objectives.

Businesses are connected along specified routes through economic corridors. They serve as a connection between economic centers or nodes, which are frequently found in urban regions with a dense population of economic players and resources. They link the supply and demand sides of markets.

An industrial corridor is a collection of infrastructure developments built in a specific area with the intention of fostering industrial development. An industrial corridor aims to create a concentration of businesses in the manufacturing or other industries.

Learn more about industrial development: https://brainly.com/question/971801

#SPJ4

FILL IN THE BLANK. the value of social advertising lies in the large audience size your company has the potential to reach and the___social ad platforms offer.

Answers

The quantity of the audience that social media advertising can reach for your business and the precise targeting options provided by social ad platforms.

The conversion of job title targeting to keyword research has proven to be one of the most successful audience targeting techniques.

Undifferentiated marketing, often known as mass marketing, differentiated marketing, focused marketing (sometimes known as niche marketing), and micromarketing are the five fundamental tactics that marketers use to separate and identify target markets (hyper-segmentation).

To identify the ideal target market, markets can be segmented in a variety of ways. Demographic, psychographic, behavioral, geographic, and firmographic segmentation are the five categories of market segmentation.

Read more about large audience at

https://brainly.com/question/28317910

#SPJ4

The WACC is the minimum return a company needs to earn to satisfy _____.
the exchange on which its stock is traded
its bondholders
its stockholders
the SEC

Answers

The WACC is just the least return a business must achieve to appease both its stockholders and its bondholders.

What distinguishes bondholders from shareholders?

Bondholders are individuals who possess bonds are issued by a firm, as opposed to shareholders, that own a company's stock. Although there is a chance to profit from both ventures, there are also hazards involved.

How can an investor in bonds generate money?

The investor, also known as the bondholder, receives regular interest payments called as coupons in exchange for purchasing the bonds. The investor expects the payments, that may be issued quarterly, twice yearly, or annually, to give them a steady stream of predictable income.

To know more about bondholders visit:

https://brainly.com/question/15208096

#SPJ4

Environmental regulations may cause increased business costs through which of the following? a. road taxes b. manufacturing restrictions c. toxic cleanup requirements
d. environmental standards

Answers

Environmental regulations can lead to increased business costs through d. environmental standards

What is the environment?

An environment is a spatial unit with all objects, resources, energy, conditions, and living things, including humans and their behavior that affect nature itself, the continuity of life, and the welfare of humans and other living things.

Environmental Cost is the cost of the impact generated by the activities of an organization or company on its environment.

Categories of environmental costs that cause an increase in business costs, namely:

Prevention costs.Detection costs include environmental standard costs, activities, and processes.Internal failure costs including operating costs of pollution reduction/eliminator equipment.External failure costs.

Learn more about  the cost of maintenance here :

https://brainly.com/question/20388858

#SPJ4

island corporation provides low-cost food delivery services to senior citizens. at the end of the year on december 31, 2024, the company reports the following amounts. in addition, the company had common stock of $38,000 at the beginning of the year and issued an additional $3,800 during the year. the company also had retained earnings of $18,000 at the beginning of the year.Required: 1. Prepare the income statement for Longhorn Corporation. 2. Prepare the statement of stockholders' equity for Longhorn Corporation 3. Prepare the balance sheet for Longhorn Corporation Somplete this question by entering your answers in the tabs below. Required: 1. Prepare the income statement for Longhorn Corporation. 2. Prepare the statement of stockholders' equity for Longhorn Corporation. 3. Prepare the balance sheet for Longhorn Corporation.

Answers

The income statement, statement of stockholders' equity and the balance sheet are all part of the account system of Island Corporation.

1.               Island Corporation

                Income Statement

For the year ended December 31, 2024

  Service Revenue        $71,700

  Cost of goods sold     54,200

  Gross profit                 $17,500

  Operating expenses:

  Delivery expense       3,400

  Salaries expense        6,300  

  Operating income       $7,800

2.                                    Island Corporation

                                     Stockholder's Equity

                                   As of December 31, 2024

                    Capital            Retained Earnings    Total

1-Jan-2024   $38,000              $18,000                   $ 56,000

Issuance of share $3,800                                         $ 3,800

Net income                                $7,800                       $  7,800

--------------------------------------------------------------------------------------------

31-Dec-21       $41,800              $25,800                     $67,600

3.                              Island Corporation

                                  Balance Sheet

                            As of December 31, 2024

                                         Asset

Current Assets

Cash        $1,300

Supplies  $1,600                                          

Total current assets $2,900

Non-current assets

Equipment $20,000

Buildings   $22,000                                        

Total non-current assets $42,000

Total assets $44,900                                          

Liabilities and Equity

Current liability

Accounts payable $2,600

Salaries payable    $900                          

Total current liabilities $3,500

Total liabilities              $3,500                                

Equity

Capital stock        $41,800

Retained earnings $25,800                                    

Total equity            $67,600

Total liabilities and Equity $71,100                        

1. A statement of income

To get at operating income, we must close all nominal accounts and start with revenue while preparing the income statement. We must always remember the headings, which include the company name, the schedule to be created, and the time frame for which it is appropriate.

2. Statement of Equity Changes

All transactions affecting the corporation's capital will be presented here in order to prepare the statement of changes equity. Start with the capital, then add any further issuance and the net income for the last period before adding retained earnings.

3. Balance sheet

This schedule displays the true accounting for the company. started with the equity, liabilities, and assets. We must always remember the headings, which include the company name, the schedule to be created, and the time frame for which it is appropriate.

island corporation provides low-cost food delivery services to senior citizens. at the end of the year on december 31, 2024, the company reports the following amounts. in addition, the company had common stock of $38,000 at the beginning of the year and issued an additional $3,800 during the year. the company also had retained earnings of $18,000 at the beginning of the year.Required: 1. Prepare the income statement for Island Corporation. 2. Prepare the statement of stockholders' equity for Island Corporation 3. Prepare the balance sheet for Island Corporation

Cash $ 1,300 Service revenue $ 71,700

Equipment 20,000 Cost of goods sold (food expense) 54,200

Accounts payable 2,600 Buildings 22,000

Delivery expense 3,400 Supplies 1,600

Salaries Expense 6,300 Salaries payable 900

Learn more about income statement, stockholders' equity & balance sheet here:

https://brainly.com/question/14631937

#SPJ4

was a economist who believed that in wages and prices could block adjustments to full employment.

Answers

John Maynard Keynes was a British economist who believed that stickiness in wages and prices could block adjustments to full employment.

Who is John Maynard Keynes?

John Maynard Keynes was a famous British economist during the Great Depression and he was born on the 5th of June 1883. During the Great Depression, John Maynard Keynes advocated and promoted expansionary actions to encourage economic recovery, which was typically part of the Keynesian economic framework.

According to the Keynesian economic framework, it is assumed that both prices and wages are considered as being sticky and as such, they do not adjust rapidly, thereby, making an economy's recovery from a recession to be very slow while blocking adjustments to full employment.

Read more on Keynesian economic here: brainly.com/question/14223529

#SPJ1

Complete Question:

_______ was a _______ economist who believed that _______ in wages and prices could block adjustments to full employment.

Blue Ridge Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. The following table presents information about estimated overhead and direct labor hours.Overhead Direct Product
Labor Hours (dlh) A BPainting Dept. $248,000 10,000 16dlh 4dlhFinishing Dept. 72,000 10,000 4 16 Totals $320,000 20,000 20 dlh 20dlhThe factory overhead allocated per unit of Product B in the Painting Department if Blue Ridge Marketing Inc. uses the multiple production department factory overhead rate method is
a.$99.20 per unit
b.$64.00 per unit
c.$49.60 per unit
d.$28.80 per unit

Answers

The factory overhead allocated per unit of Product B in the Painting Department if the multiple production department factory overhead rate method is used is $64.00 per unit. Thus, the correct answer is option B.

What is a factory overhead?

The entire expense of running all production facilities for a manufacturing company that cannot be precisely linked to a specific product is known as factory overhead. Indirect labor and indirect costs are typically affected.

The factory overhead allocated per unit of Product B in the Painting Department is calculated as:-

                           Overhead    Labor Hours

                              A              B            A       B

Painting Dept. $248,000  $10,000      16      4

Finishing Dept.  $72,000   $10,000       4     16

Total                   $320,000  $20,000    20    20

Calculation for plantwide overhead rate:

Predetermined manufacturing overhead rate= Total estimated overhead costs for the period/ Total amount of allocation base

= 320,000 / 20,000

Predetermined manufacturing overhead rate= $16 per direct labor hour

Allocated factory overhead = Estimated manufacturing overhead rate* Actual amount of allocation base

= 16*4

= $64.00 per unit

Therefore, the factory overhead allocated per unit of Product B in the Painting Department is $64.00 per unit

To learn more about factory overhead, click here:

https://brainly.com/question/14256382

#SPJ1

suppose gabriel and nia are playing a game that requires both to simultaneously choose an action: up or down. the payoff matrix that follows shows the earnings of each person as a function of both of their choices. for example, the upper-right cell shows that if gabriel chooses up and nia chooses down, gabriel will receive a payoff of 6 and nia will receive a payoff of 1.

Answers

The payoff matrix that Gabriel and Nia follows shows the earnings of each person as a function of both of their choices actually depicts the zero-sum between two players.

What is Payoff Matrix?

A double entry table, similar to another Table, serves as the reward matrix or payoff matrix and contains all of the payments made by one player to the other for each chosen strategy. The game is known as zero-sum since one player's payment equals the other player's gain.

The calculation in above payoff matrix can be illustrated by the given case scenario;

The matrix must have n & m cells and include a total of 2 n m payoff values if the row player has n strategies and the column player has m strategies. In a payout matrix, the row player's name is listed to the left of the matrix, while the column player's name is listed above the matrix.

Thus the game of payoff matrix is known as zero-sum since one player's payment equals the other player's gain.

Learn more about  Payoff Matrix refer:

https://brainly.com/question/7656949

#SPJ1

An international organization that includes the US and several other countries and whose goal is to reduce or eliminate tariffs and other barriers to world trade is commonly referred to as GATT
True

Answers

True, GATT stands for General Agreement on Tariffs and Trade, which is the name of an international organization that the US and numerous other nations are members of.

The General Agreement on Tariffs and Trade (GATT) is an international treaty that was created with the aim of promoting trade by lowering or removing trade restrictions like tariffs and quotas. The "substantial reduction of tariffs and other trade barriers and the elimination of privileges, on a reciprocal and mutually beneficial basis" were its stated goals in the preamble.

The GATT is now managed by the Council for Trade in Goods (Goods Council), which is made up of representatives from every WTO member state. Etienne Oudot de Dainville will serve as the Goods Council's chairman as of September 2022.

To learn more about GATT refer here:

https://brainly.com/question/14618803

#SPJ4

on june 30, manning company wrote checks to employees, totaling $1,500 for wages related to hours worked in june to provide services to its customers. which of the following describes how matisse will account for the payment to employees? multiple choice debit cash for $1,500. debit prepaid wages for $1,500. debit salaries and wages expense for $1,500. credit salaries and wages revenue for $1,500.

Answers

Debit Salaries and Wages Expense for $1,500, of the following describes how matisse will account for the payment to employees.

The cost that businesses incur to pay hourly employees is known as a wage expense. In addition to payroll taxes and employee perks, this line item may also include them. In the income statement's expenditure section, a wage expense could be listed as a line item. This kind of expense is changeable. Wage costs are occasionally broken down by department, and the production department is most likely to receive a separate report. This division frequently has the highest percentage of hourly workers. The cost of goods sold (COGS) line item on the income statement, however, may include pay costs for production personnel.

learn more about  Wages Expense here:

https://brainly.com/question/15521105

#SPJ4

FILL IN THE BLANK While news stories occasionally report on a high-income person who has managed to pay very little in taxes, such individual cases are rare. According to the Congressional Budget Office, the typical pattern in the U.S. is that people with higher incomes pay ________________________.

Answers

Answer:

a higher average share of their income in federal income taxes

Explanation:

The average federal income tax payment for Americans is higher for those with higher earnings than for those with lower incomes, as per the Congressional Budget Office.

What is Congressional Budget Office?

The Congressional Budget Office (CBO) is a federal organization that reports on the economy and the budget to Congress. It is a part of the legislative branch of the US government.

The Congressional Budget and Impoundment Control Act of 1974 established the CBO as a nonpartisan organization. It was inspired by California's Legislative Analyst's Office, which oversees the state budget in a purely nonpartisan manner.

Learn more about the Congressional Budget Office, from:

brainly.com/question/813901

#SPJ1

which of the following is not a federal covered security? a an offering made over-the-counter of $250,000,000 of 10% convertible debentures of acme corporation, a company whose common stock is listed on the american stock exchange (nyse american) b a private placement of $250,000,000 of debt backed by automobile finance company receivables sold to investment managers that are qualified purchasers c an offering of $250,000,000 of general obligation bonds by the city of new orleans to the residents of louisiana d an offering of $250,000,000 of common shares of a mutual fund that will be offered to the general public

Answers

Federal covered security an offering of $250,000,000 of general obligation bonds by the city of new orleans to the residents of louisiana.

A share, often called a stock,  is a type of investment that represents part of the issuing company. Shares, or shares, give the right to part of the assets and income of the company according to the number of shares they own.  Most individual investment portfolios are built around stocks that are bought and sold primarily in the stock market. Stock trading must follow government standards designed to protect investors from unfair tactics.

Companies issue shares to raise money to run their business, and a shareholder, known as a shareholder, may be entitled to a share of the company's assets and income.   New York Stock Exchange The New York Stock Exchange (NYSE) is the world's largest stock exchange based on the market value of listed securities. All securities of a registered investment company  are exempt from state registration.

Know more about Stocks with the help of the given link:

https://brainly.com/question/28044009

#SPJ4

when net unilateral transfers are added to the net exports of goods and services, the result is called the group of answer choices merchandise trade balance. official reserve transactions account. balance of payments. balance on capital account. balance on current account.

Answers

When net unilateral transfers are added to the net exports of goods and services, the result is called the balance of payments.

What is meant by the balance of payments?

The balance of payments summarizes an economy's business dealings with the rest of the world. These exchanges involve transfer payments as well as the export and import of products, services, and financial assets (like foreign aid).

Why is BOP important?

The financial position of a nation and its economy is revealed by a BOP, making it an important document or transaction in the finance division. The applicability of BOP can be assessed using the following criteria: It examines every export and import of goods and services made by a nation over a certain time frame.

To know more about BOP visit:

https://brainly.com/question/1322410

#SPJ4

A(n) ____ is prepared to prove that debits in the ledger accounts are equal to the credits after the closing entries have been posted.

Answers

A post- closing trial balance is prepared to prove that debits in the ledger accounts are equal to the credits after the closing entries have been posted.

Describe a ledger with an example.

An account or record used to maintain bookkeeping entries for transactions affecting balance sheets and income statements is known as a ledger. Cash, accounts receivable, investments, inventory, accounts payable, and more are some of the entries for the accounting ledger.

Are ledgers a credit or a debit?

The left side of a ledger should always contain debit accounts, and the right side should always have credits. Credits and debits must balance out in order for a general ledger to be balanced. While credits lower asset, cost, and dividend accounts, debits raise them.

To know more about Ledger visit:

https://brainly.com/question/14976010

#SPJ4

suppose the sediment density (g/cm) of a randomly selected specimen from a certain region is normally distributed with mean 2.67 and standard deviation 0.75.

Answers

Part a: The probability that the sample average size is at most 3.0 is 0.9957 and the probability that the sample average size is between 2.6 and 3.0 is 0.4957

Part b: The minimum sample size required so that the probability that the sample average sediment density is at most 3.00 is 20

The standard error decreases as the sample size increases. It shows that as the sample size grows, the variance of the sample statistics lowers and there is a greater likelihood of discovering sample statistics that are near to the mean.

Part a:

The mean, mu = 2.67

The population standard deviation, sigma = 0.75

The sample size, n = 25

z score:

[tex]z= \dfrac{(\bar{x}-\mu )}{ \sigma_{\bar{x}} }[/tex]

The standard error:

[tex]{ \sigma_{\bar{x}}= {\dfrac{\sigma{} }{\sqrt{n} }[/tex]

= 0.75/[tex]\sqrt{25\\}[/tex]

= 0.15

The probability that the sample average sediment density is at most 3.00:

P(xˉ≤3)=P(z≤3−2.60/0.152)

=P(z≤2.63)

=0.9957

The probability that the sample average sediment density is between 2.6 and 3.00:

P(2.6<xˉ<3.0)=P(2.6−2.6/0.152<z<3.0−2.6/0.152)

=P(0<z<2.63)

=P(z<2.63)−P(z<0)

=0.4957

Part b:

The sample size required so that the probability in part (a) is at least 0.99:

[tex]P(\bar x \leq 3) = 0.99 \\[1ex] P(Z \leq z) = 0.99 \\[1ex] z = 2.33[/tex]

Using the z-distribution table.

We know:

[tex]z = \dfrac{\bar x-\mu}{\sigma_{\bar x}}\\[2ex] \sigma_{\bar x} = \dfrac{\bar x-\mu}{z}[/tex]

When x = 3  and z = 2.33

σxˉ=xˉ−μ/z

=3−2.6/2.33

=0.1717

The standard error:

[tex]\sigma_{\bar{x}} = \dfrac{\sigma}{\sqrt{n}}\\[2ex] 0.1717 = \dfrac{0.76}{\sqrt{n}}\\[2ex] n = 19.60[/tex]

Although a part of your question is missing, you might refer to this full question: Suppose the sediment density (g/cm) of a randomly selected specimen from a certain region is normally distributed with mean 2.67 and standard deviation 0.75.

(a) If a random sample of 25 specimens is selected, what is the probability that the sample average sediment density is at most 3.00? Between 2.6 and 3.00?

At most 3.00: __________

between 2.6 and 3.00: __________

(b) How large a sample size would be required to ensure that the probability in part (a) is at least 0.99?

Learn more about probability:

https://brainly.com/question/11234923

#SPJ4

Setting prices that will capture some of what customers will save by substituting the firm's product for the one currently being sued is called:
marginal analysis pricing
cost-oriented pricing
value capture
value in use pricing
psychological pricing

Answers

Marginal analysis pricing is the process of determining prices that will cover some of the money consumers will save if they choose the company's product instead of the one that is the subject of the lawsuit.

Reference pricing is a component of psychological pricing since it is the cost of the product that consumers use as a benchmark when deciding whether or not to purchase it. It is customary for reference prices to be listed alongside the product's price so that customers may compare the variations in rupee terms. To determine your first pricing, sum up all the expenses related to bringing your product to market, then add your profit margin on top of those costs. One of the easiest methods for setting the price of your product is this tactic, which is known as cost-plus pricing. Loss Leader Pricing is the practice of selling a product at a cheap price (i.e., at or below cost) in order to draw customers and boost sales of other profitable items.

To learn more about marginal analysis pricing click the link below:

brainly.com/question/11837313

#SPJ4

The type of planning that is concerned with developing detailed short-term actions about what is to be
done, who is to do it, and how it is to be done is known as planning. A. strategic B. contingency C. first-line D. tactical

Answers

planning for the immediate term that is tactical and focused on creating specific activities.

Describe the tactical concept.

a broad assertion that serves as the foundation for the future growth of tactical doctrine. also refer to the tactical sub-concept. Military and Related Terms Dictionary.

What exactly are strategy skills?

Elite athletes use tactical talents, which are purposeful mental aptitudes, to win matches and contests. Athletes and teams can employ their strategies more successfully by mastering these skills. They may require drawback abilities, and they frequently depend on the individual's awareness of their team's objectives.

To know more about tactical visit:

https://brainly.com/question/2924788

#SPJ4

A report on food science states that younger adults are more likely to see foods with genetically modified ingredients as being bad for their health than older adults. This statement is based on a representative sample of 175 adult Americans age 18 to 29 and a representative sample of 450 adult Americans aye 50 to 61. of those in the 18 to 29 age group, 48% they believed these foods were bad for their health, while only 38% of those in the 50 to 64 age group believed this USE SALT (a) Are the sample sizes large enough to use the large-sample confidence interval to estimate the difference in the population proportions? Explain Select Let 0.48 and -0.38. - 175 and ng = 450, where the 1 subscript indicates the age 18-29 group and the 2 subscript indicates the age 50-64 group. Since P.- ..(1-P) and (1-P) - Select all at least 10, the sample sizes Select Large enough to be the large-sample confidence interval (b) Estimate the difference in the proportion of adult Americans age 18 to 29 who believe the foods made with genetically modified ingredients are bad for their health and the corresponding proportion for adult Americans age 50 to 64. Use a 90% confidence interval. (Use P.-P. Use a table or SALT. Round your answers to four decimal places) (c) Is zero in the confidence interval? Yes O NO What does this suggest about the difference in the two population proportions? This means that it is plausible that the two population proportions could be equal This means that it is not plausible that the two population proportions could be equal,

Answers

A report on food science states that younger adults are more likely to see foods with genetically modified ingredients as being bad for their health than older adults. is

What is ingredients?

A component of a mixture is referred to as an ingredient. For instance, when cooking, recipes detail the items needed to produce a particular dish. Numerous commercial products allegedly outperform rival products by using secret components.

a) Are the sample sizes large enough to use the large-sample confidence interval to estimate the difference in the population proportions and

[tex]$-$ Select-v . Let $\hat{p}_1=0.48$ and $\hat{p}_2=0.38, n_1=175$ and $n_2=450$, where the 1 subscript indicates the age $18-29$ group and the 2 subscript indicates the age 50 64 group. Since $n_1 \hat{p}_1=\square, n_1\left(1-\hat{p}_1\right)=\square, n_2 \hat{p}_2=$ , and $n_2\left(1-\hat{p}_2\right)=$ -Select-V all at least 10 , the sample sizes large enough to use the large-sample confidence interval.[/tex]

(b) Estimate the difference in the proportion of adult Americans age 18 to 29 who believe the foods made with genetically modified ingredients are bad for their health and the corresponding proportion for adult [tex]Americans age 50 to 64 . Use a $90 \%$ confidence interval. (Use $p_1-p_2$. Use a table or SALT. Round your answers to four decimal places.)[/tex]

(c) Is zero in the confidence interval?

No This means that it is not plausible that the two population proportions could be equal.

To learn more about ingredients visit

https://brainly.com/question/26532763

#SPJ4

As explained in Chapter 6 , a minimum-wage law distorts the market for low-wage labor. To reduce this distortion, some economists advocate a two-tiered minimum-wage system, with a regular minimum wage for adult workers and a lower, "subminimum" wage for teenage workers. Give two reasons a single minimum wage might distort the labor market for teenage workers more than it would the market for adult workers.

Answers

Teenage employees might not benefit from a minimal wage since they could have to quit school and work if they made a good living.

What occurs whenever the minimum salary is set higher than the pay rate at which the market is in equilibrium?

A minimum wage set above the wage at which the economy is in equilibrium will result in less labor being required and more labor being supplied. This occurs because raising the minimum wage raises the cost of manufacturing, and as a result, companies terminate some workers to lower that cost.

What impact does the min salary have on the labor market?

The fundamental economics 101 argument claims that raising the minimum wage encourages more individuals to work because they will earn more money.

To know more about minimum wage visit :

https://brainly.com/question/21595450

#SPJ4

If nominal wages are fixed by labor contracts, then which of the following explains why the aggregate supply curve is upward sloping?

Answers

The nominal wage adjustment process is slowly (slowly), which is the primary cause of the rising slope of the aggregate supply curve.

What is aggregate supply curve?

The real GDP supplied by the economy at various price levels is represented by the aggregate supply curve. When creating supply curves for specific commodities and services, supply curves for the aggregate are created using a different methodology. Given that input prices are assumed to remain constant, the supply curve for a specific good is constructed. But the price level is what determines how the aggregate supply curve is defined. The price that producers can charge for their goods will rise with the price, which will encourage producers to produce more. However, a price increase will also have a secondary impact because it would eventually result in higher input costs, which will, ceteris paribus, force companies to make cuts.

To learn more about aggregate supply curve, visit:

https://brainly.com/question/15858699

#SPJ4

an individual walks into the office of a broker-dealer wishing to open a new account. which of the following is not required on the new account form?

Answers

The information not required on the new account form is b. Marital status

It is important for the individual to provide accurate and complete information on the new account form to facilitate the account opening process and to ensure that the broker-dealer can provide appropriate investment recommendations. It is generally not necessary for a broker-dealer to collect information about an individual's marital status when opening a new account.

However, the broker-dealer may ask for other personal information, such as name, address, phone number, email address, and social security number, as well as financial information, such as employment status and income. The broker-dealer may also ask for information about the individual's investment objectives, like the amount of money they are looking to invest and their risk tolerance.

Complete question

An individual walks into the office of a broker-dealer wishing to open a new account. Which of the following information would NOT be required on the new account form?

A) Name of employer

B) Marital status

C) Citizenship

D) Physical address

Read more about the marital status on:

https://brainly.com/question/10106963

#SPJ4

Read the requirements Data Table Comparative Balance Sheet Requirement 1. Compute the acquisition of plant assets for Smith Media Corporation during 2018. The business sold no plant assets during the year. Assume the company paid cash for the acquisition of plant assets December 31, 2018 and 2017 The acquisition of equipment is$ Assets 2018 2017 Current Assets Data Table Cash $ 5,300 $ 4,200 Accounts Receivable 10,600 5,600 Requirements Long-term Assets Plants Assets Smith Media Corporation Income Statement Year Ended December 31, 2018 104,350 88,350 (35,350) (20,350) $ 84,900 $ 77,800 Accumulated Depreciation-Plant Assets

Answers

Start the Cash Flow Statement with $51,000 in Net Income. Add the $26,000 non-cash Depreciation. This fiscal summary supplements the asset report and the pay proclamation.

When using the indirect method, the first step in creating a Cash Flow Statement is to calculate the company's Net Income for the specified time period. Cash Flow from Operating Activities is the result of adjusting that balance for non-cash items like depreciation and amortization, gains or losses on asset sales, and shifts in current assets and liabilities.

An income proclamation sums up how much endlessly cash counterparts entering and leaving an organization. The CFS emphasizes a business's cash management, including its cash generation efficiency.

What are the 3 kinds of income articulation?Expenditure cash flowPutting away income.funding the cash flow.

To learn more about Cash Flow Statement here:

https://brainly.com/question/29768594

#SPJ4

Answer. Frank, a member of the National Superworkers Union, feels that his manager is asking him to perform tasks that are unsafe and not part of his job description. Frank should file a b. grievance with his union representative.

Answers

In this case, Frank should file a grievance with the union representative.

What is a grievance?

A grievance (from the Latin grievis, meaning "heavy") is a wrong or hardship experienced, real or imagined, that constitutes a valid basis for complaint. The word used to refer to the act of causing suffering or its infliction. A system for handling complaints and resolving conflicts in organizations is referred to as a complaint system, conflict management system, or dispute resolution system. In the US, complaint procedures have experienced tremendous modification, particularly since the introduction of strict workplace regulations around 1970. Particularly in many nations, conflict management channels and systems have expanded from having a strong emphasis on labor-management relations to covering a much wider range of stakeholders, such as managers, non-union workers, professionals, students, trainees, suppliers, funders, customers, etc.

To learn more about grievance, visit:

https://brainly.com/question/3402193

#SPJ4

Complete Question:

Frank, a member of the National Superworkers Union, feels that his manager is asking him to perform tasks that are unsafe and not part of his job description. Frank should file a ____________________ with his __________________.

a. issue report/arbitrator

b. grievance/union representative

c. incident report/shop steward

d. complaint/mediator

b. grievance/union representative

TRUE OR FALSE taxpayers may make an election to include preferentially taxed capital gains and qualified dividends in investment income and deduct more investment interest expense currently if they are willing to subject this income to ordinary tax rates.

Answers

The given statement is true.  Taxpayers may make an election to include preferentially taxed capital gains and qualified dividends in investment income and deduct more investment interest expense currently if they are willing to subject this income to ordinary tax rates.

Unless the taxpayer makes a special election, qualified dividends are normally taxed at the long-term capital gains rate and are not regarded as investment income. Taxpayers, however, have the option to choose how much of their qualifying dividends to count as investment income. If the option is chosen, the qualified dividend income that is included in investment income is not subject to the lower dividend tax rate; instead, it is subject to regular income tax.

To learn more about qualified dividends refer here

https://brainly.com/question/14445697#

#SPJ4

Other Questions
suppose the economy is in long-run equilibrium. in a short span of time, there is a large influx of skilled immigrants, a major new discovery of oil, and a major new technological advance in electricity production. in the short run, we would expect:_________ at nan madol, massive walls signaled the status and power of those buried there in the same way that the forbidden city's walls you run a regression of a stock's returns versus a market index and find the following: coefficients based on the data, you know that the stock . the economist a.w. phillips published a famous article in 1958 in which he showed a group of answer choices negative correlation between the rate of unemployment and the rate of interest. positive correlation between the rate of unemployment and the rate of interest negative correlation between the rate of unemployment and the rate of inflation. positive correlation between the rate of unemployment and the rate of inflation. next True or false the association should apply labels that are not directed by the system a particle of mass and charge has an initial speed at point a and moves to a point b where the electric potential is greater than at point a. what is the particle's kinetic energy at point b? a loud noise awakens you; you emerge from your sleep confused and do not remember the noise. you were in which stage sleep anodic amide oxidations in the presence of electron-rich phenyl rings: evidence for an intramolecular electron-transfer mechanism FILL IN THE BLANK. the first psychology text was entitled _________________ and was written by ________________. Each heet of metal on a roof i perpendicular to the top line of the roof. What can you conclude about the relationhip between the heet of roofing? Jutify your anwer returning back to question 3 in this test, assume that coca cola and pepsi compete in a stackelberg duopoly. suppose coca cola is the leader and pepsi is the follower in choosing their profit maximizing quantities. find the nash equilibrium of the duopoly game and illustrate the best response functions. for full credit, make sure to show your calculations. Topology in networking essentially just means how the computers are interconnected with one another. True or false ? FILL IN THE BLANK. scored for full choir, orchestra and vocal soloists, brahms's requiem is a massive composition that develops thematic melodies throughout its___ movements. the stellar spectral classification system used today depends primarily on which of the following parameters? Which key details does Orwell include to support the central idea that Snowball is ruthless? Select two options. "Boxer was pawing with his hoof at the stable-lad who lay face down in the mud, trying to turn him over." He is dead, said Boxer sorrowfully. I had no intention of doing that. No sentimentality, comrade! cried Snowball from whose wounds the blood was still dripping. "War is war. The only good human being is a dead one. I have no wish to take life, not even human life, repeated Boxer, and his eyes were full of tears. a women needs to take some time off from work to care for her ill mother. which of the following health policies allows her to take an extended leave from work to care for a family member? which of the following statements about the federal gift tax is false? multiple choice the donor's basis in the gifted property carries over to become the donee's basis. the tax is imposed on the donor. the tax is based on the fair market value of the gifted property. an individual can give away $10 million (adjusted annually for inflation) every year without being subject to tax. a client undergoing antineoplastic therapy is prescribed subcutaneous epoetin. what indicates to the nurse that the drug has been effective? Your client mr. Smith has requested a reservation at eleven madison park this evening for a party of 2 at 6pm. Unfortunately, the restaurant is fully committed. As an alternative, which restaurant would you suggest? Which condition is characterized by abnormally high concentrations of calcium circulating in the blood instead of being stored in the bones and teeth?