The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2016 and 2017.
December 31 2016 2017
Cash $51,935 $9,612
Accounts receivable 28,191 22,102
Office supplies 4,447 3,257
Office equipment 136,500 145,400
Trucks 53,418 62,418
Building 0 178, 072
Land 0 44,436
Accounts payable 74, 115 36,759
Note payable 0 122,508
Compute the 2017 year-end debt ratio for the business.

Answers

Answer 1

Answer:

34.22%

Explanation:

Debt ratio can be calculated by dividing the total liabilities with the total assets.

Calculation

Debt Ratio = Total liabilities / Total Assets

Debt Ratio = 159,267 / 465,297

Debt Ratio = 34.22%

Working        

Cash                                     9,612      

Accounts receivable          22,102      

office supplies                    3,257      

office equipment               145,400      

Trucks                                 62,418      

Building                              178,072      

Land                                    44,436      

total assets                        465,297      

Total liabilities        

Accounts payable             36,759      

Note payable                    122,508      

Total liabilities                  159,267      


Related Questions

Mitchell Inc. issued 40, 6%, $1,000 bonds on January 1, 2020. The bonds pay cash interest semiannually each July 1, and December 31, and were issued to yield 7%. Debt issuance costs were $800. The bonds mature December 31, 2022, and the company uses the effective interest method to amortize bond discounts and debt issuance costs.Required a. Determine the selling price of the bonds. Round amount to the nearest whole dollar. b. Prepare an amortization schedule for the full bond term. c. Prepare journal entries on the following dates. 1. January 1, 2020, bond issuance. 2. June 30, 2020, interest payment. 3. December 31, 2020, interest payment.

Answers

Answer:

a. Determine the selling price of the bonds.

we can use the approximate yield to maturity formula to determine the price of the bonds:

0.035 = {30 + [(1,000 - MV) / 5]} / [(1,000 + MV) / 2]

0.035 x [(1,000 + MV) / 2] = 30 + [(1,000 - MV) / 5]

0.035 x (500 + 0.5MV) = 30 + 200 - 0.2MV

17.5 + 0.0175MV = 230 - 0.2MV

0.2175MV = 212.5

MV = 212.5 / 0.2175 = $977

b. Prepare an amortization schedule for the full bond term.

I used an excel spreadsheet because there is not enough room here

c. Prepare journal entries on the following dates.

1. January 1, 2020, bond issuance.

Dr Cash 38,280

Dr Credit issuance cost 800

Dr Discount on bonds payable 920

    Cr Bonds payable 40,000

2. June 30, 2020, interest payment.

Dr Interest expense 1,368

Dr Debt issue expense 146

    Cr Cash 1,200

    Cr Discount on bonds payable 168

    Cr Credit issuance cost 146

[($40,000 - $920) x 3.5%] - $1,200 = $168

($168 / $920) x $800 = $146

3. December 31, 2020, interest payment.

Dr Interest expense 1,374

Dr Debt issue expense 151

    Cr Cash 1,200

    Cr Discount on bonds payable 174

    Cr Credit issuance cost 151

[($40,000 - $752) x 3.5%] - $1,200 = $174

($174 / $920) x $800 = $151

What other types of auditing careers are available to those who are qualified?

Answers

Answer:

Performing Forensic accounting, a compliance audit, operational audit, a financial statement audit etc.

Explanation:

The other types of auditing career available to those who are qualified are performing forensic accounting, operational audit, a financial statement audit, risk assessment service, a compliance auditing etc.

Operational audit. Here, an auditor examines an organization's operation processes, with a view to providing improvement in its operations in terms of efficiency and effectiveness.

Forensic accounting . This type of auditing involves an auditor, using his or her investigative skills, auditing skill to unravel or investigate transactions that are suspicious mostly as a result of dispute or litigation.

Compliance audit. In this type of audit practise, an auditor ensures that various he reviews various regulatory policies, whether they are complied with by his or her organization.

Financial statement audit. Here, an external auditor examines the financial statement of a company together with its notes by attesting to whether the statements are fairly prepared .

Classify each of the following costs as relevant or irrelevant to the decision at hand and briefly explain your reason. a. The purchase price of the old computer when replacing it with a new computer with improved features b. The cost of renovations when deciding whether to build a new office building or to renovate the existing office building c. The original cost of the current stove when selecting a new, more efficient stove for a restaurant d. Local tax incentives when selecting the location of a new office complex for a ­company’s headquarters e. The fair market value (trade-in value) of the existing forklift when deciding whether to replace it with a new, more efficient model f. Fuel economy when purchasing new trucks for the delivery fleet g. The cost of production when determining whether to continue to manufacture the screen for a smartphone or to purchase it from an outside supplier h. The cost of land when determining where to build a new call center i. The average cost of vehicle operation when purchasing a new delivery van j. Real estate property tax rates when selecting the location for a new order processing center

Answers

Answer:

a. The purchase price of the old computer when replacing it with a new computer with improved features - Irrelevant cost

Sunk costs are considered irrelevant and the price of the old computer is a sunk cost as it has already been incurred.

b. The cost of renovations when deciding whether to build a new office building or to renovate the existing office building - Relevant

The cost of renovations will help the company decide which alternative is cheaper between building a new office or renovating.

c. The original cost of the current stove when selecting a new, more efficient stove for a restaurant. - Irrelevant

Like the first, this is a sunk cost so it is irrelevant.

d. Local tax incentives when selecting the location of a new office complex for a ­company’s headquarters. - Relevant

Local tax incentives could reduce cost of operation so is relevant when choosing headquarter location.

e. The fair market value (trade-in value) of the existing forklift when deciding whether to replace it with a new, more efficient model. - Relevant

The existing machine can be traded in for part of the cost of a new one using its market value to reduce the cost of the new one. It is relevant.

f. Fuel economy when purchasing new trucks for the delivery fleet. - Relevant.

Higher fuel economy can reduce cost of transportation so is a relevant cost.

g. The cost of production when determining whether to continue to manufacture the screen for a smartphone or to purchase it from an outside supplier. - Relevant.

This is a relevant cost because the it will help the company decide the cheaper alternative.

h. The cost of land when determining where to build a new call center. - Relevant.

Some land will be in areas that will have higher real estate prices. Your preferred cost of land will help determine which areas to look for locations in.

i. The average cost of vehicle operation when purchasing a new delivery van. - Relevant.

If this cost is too high it will increase expenses. It is a relevant cost to note for cost maximisation.

j. Real estate property tax rates when selecting the location for a new order processing center. - Relevant

Real estate taxes need to be known so that cost estimation can be made on the order processing center.

Bell Company, a manufacturer of audio systems, started its production in October 2017. For the preceding 3 years, Bell had been a retailer of audio systems. After a thorough survey of audio system markets, Bell decided to turn its retail store into an audio equipment factory. Raw materials cost for an audio system will total $77 per unit. Workers on the production lines are on average paid $14 per hour. An audio system usually takes 6 hours to complete. In addition, the rent on the equipment used to assemble audio systems amounts to $5,100 per month. Indirect materials cost $6 per system. A supervisor was hired to oversee production; her monthly salary is $3,540. Factory janitorial costs are $1,420 monthly. Advertising costs for the audio system will be $8,850 per month. The factory building depreciation expense is $6,720 per year. Property taxes on the factory building will be $8,400 per year. Assuming that Bell manufactures, on average, 1,450 audio systems per month, identify and itemize the product costs, direct materials, direct labor, manufacturing overhead, and period costs.

Answers

Answer:

product costs per month

direct materials = $77 x 1,450 = $111,650 direct labor = $14 x 6 x 1,450 = $121,800manufacturing overhead = $5,100 + ($6 x 1,450) + $3,540 + $1,420 + ($6,720/12) + ($8,400/12) = $20,020total product costs per month = $253,470

period costs

advertising = $8,850

Product costs are all the costs that a company incurs in manufacturing a certain product, in this case the audio systems. Product costs include direct materials, direct labor and manufacturing overhead. Period costs are all other expenses incurred by the company that are not related to the production process.

Mr. Morgan earns $38,000 a year as a salesperson and a 5% commission on all his sales. He has a mortgage of $910 a month and pays $175 a month for utilities. Mr. Morgan owns a rental property for which he receives $680 per month.

Which is a liability?
the yearly salary
the commission
the mortgage
the rental property

Answers

Answer:

the mortgage.

Explanation:

If he has mortgage of $910 a month Mr. Morgan liability is mortgage.

What is mortgage?

Mortgage can be defined as a loan which a person receive to buy a house with an agreement to pay within a stipulated period of time.

The mortgage  of the amount of $910 per month is a liability for Mr. Morgan  because it is debt and the property or home he purchase is a collateral for the amount borrowed in a situation where he fail to payback the mortgage.

Inconclusion if he has mortgage of $910 a month Mr. Morgan liability is mortgage.

Learn more about mortgage here:

Which of the following has primary responsibility for financing economic developement on behalf of the international community?a. The International Monetary Fundb. The world trade organizationc. The World Bankd. The international Fund Organization

Answers

Answer:

c. The World Bank

Explanation:

The World Bank has the primary responsibility of ensuring economic development of its member countries on behalf of the international community.

It is made up of five institutions:

The International Bank for Reconstruction and Development

The International Development Association

The International Finance Corporation

The Multilateral Investment Guarantee Agency

The International Centre for Settlement of Investment Disputes

These institutions support economic development by providing interest free loans to poor countries, promotion of foreign direct investment in developing countries, and lending to credit worthy low income countries.

Assume that for John Paxton, a soybean producer from Iowa, the only source of farm income is from the production of soybeans. Paxton produced 100,000 bushels of soybeans in 2014, receiving $8 per bushel. Assuming this producer had pro- duction expenses of $300,000, and assuming the CPI for 2014 was 2.00, his real farm income for 2014 was:_______ a. $250,000.b. $500,000. c. $800,000. d. can't tell; insufficient information

Answers

Answer:

A. $250,000

Explanation:

Real farm income can be calculated by dividing Nominal income by CPI for calculation data is given in the question.

DATA

Price per bushel = $8

units produced in 2014 = 100,000

Expense = 300,000

CPI = 2

Solution

Nominal income in 2014 = 8x100,000

Nominal income in 2014 = $800,000

Farm income = nominal income - expenses

Farm income = 800,000 - 300,000  

Farm income = $500,000

real income = nominal income / CPI

real income = 500,000/2

real income = $250,000

The Mugger sells three types of mugs, flowers, dogs, and sports. The following information is available:________.
Total Sales Volume Selling Price Variable cost per unit Total fixed costs Flowers 25,000 $20 10 Dogs 100,000 $25 20 Sports 50,000 $10 6 $500,000
REQUIRED (show all supporting calculations):________.
1. What is the breakeven point for The Mugger?
2. Would you recommend promoting the change in product mix to 4 to 2 to 1 of flower mugs, dog mugs, and sports mugs? Why?
3. An executive summary is required.

Answers

Answer:

                                     Flowers           Dogs           Sports           Total

sales volume                25,000           100,000      50,000

selling price                   $20                  $25             $10

variable cost                   $10                  $20             $6

total fixed costs                                                                          $500,000

contribution margin       $10                   $5               $4

weighted contribution margin = [(25,000 x $10) + (100,000 x $5) + (50,000 x $4)] / 175,000 = ($250,000 + $500,000 + $200,000) / 175,000 = $5.428571

break even point in units = $500,000 / $5.428571 = 92,105.26 ≈ 92,106 units

flowers: (25/175) x 92,106 = 13,158 units

dogs: (100/175) x 92,106 = 52,632 units

sports: (50/175) x 92,106 = 26,316 units

total = 92,106 units

break even point in $

flowers: 13,158 units x $20 = $263,160

dogs: 52,632 units x $25 = $1,315,800

sports: 26,316 units x $10 = $263,160

total = $1,842,120

currently total contribution margin is:

flowers: 25,000 units x $10 = $250,000

dogs: 100,000 units x $5 = $500,000

sports: 50,000 units x $4 = $200,000

total = $950,000

operating profit = $950,000 - $500,000 = $450,000

if the change is successful, then total contribution margin would be:

flowers: 100,000 units x $10 = $1,000,000

dogs: 50,000 units x $5 = $250,000

sports: 25,000 units x $4 = $100,000

total = $1,350,000

new operating profit = $1,350,000 - $500,000 = $850,000

So yes, I would recommend promoting the change in product mix to increase the sales of flower mugs in order to increase operating profit.

Student-specific scholarships are awarded to students who

have impressive athletic accomplishments.
have impressive academic achievements.
demonstrates a specific skill
are members of a certain group.

Answers

Answer:

d

Explanation:

Answer: D

Explanation:

On Edge

Telecommunications equipment manufacturers in the USA sell their products to people who live in Canada. Is Canada an export?

Answers

Answer:

FALSE

Explanation:

NO Canada is NOT an export because the Telecommunications equipment was produced in USA and not in CANADA which means that the USA is an export because USA manufactured or produced the TELECOMMUNICATIONS EQUIPMENT which was then sold to another country which is Canada, Based on this we can defined EXPORT as a trade that occur between two countries in which a country produced good or service in which such goods or service produced by this country is been sold to another country just as in the case of USA which produced Telecommunications equipment which was then sold to Canada which means that the USA which is the manufacturer of the Telecommunications equipment sold to Canada is the EXPORT.

Example of TELECOMMUNICATIONS EQUIPMENT include the following;

Routers,Telecommunication towers, Switches among other.

You can buy property today for $2.1 million and sell it in 6 years for $3.1 million. A. If the interest rate is 11%, what is the present value of the sales price?
B. What is the present value of the future cash flows, if you also could earn $110,000 per year rent on the property?

Answers

Answer:

Present value of sales price =  465,395.16

Present Value of future cash flow=  465,359.16  

Explanation:

The present value of a sum expected in the future is the worth today given an opportunity cost interest rate. In another words ,it is amount receivable today that would make the investor to be indifferent between the amount receivable today and the future sum.

The present value of a lump sum can be worked out as follows:

PV = FV × (1+r)^(-n)

Present Value of sales price= 3.1 × 1.11^(-6) =1.65739

Present Value=165,738.65

Present Value of an annuity of 110,000 for 6 years:

PV = A × 1- ( (1+r)^(-n))/r

PV = 110,000× (1-1.11^(-6))/0.11= 465,359.16  

PV =  465,359.16  

Marketing objectives should be all of the following EXCEPT:________.
a. realistic
b. measurable
c. time specific
d. abstract
e. comparable against a benchmark
f. Marketing objectives should be all of these.

Answers

Answer:

d. abstract

Explanation:

Marketing objectives are the goals that a marketing team hope to achieve.

The Marketing objectives should be realistic, it should be an objective that should be achievable given the resources, circumstances of the product, marketing team and environment.

Marketing objectives should be measurable. There should b a yardstick against which objectives can be measured. e.g. a marketing team can have an objective to sell 50 of the company's product in a day

Time specific : there should be a time by which the marketing team hopes to achieve their objectives e.g. the team plans to sell the a company's product in a week.

If Marketing objectives is abstract, there would be no guideline for the marketing team to follow and the team wont achieve their objectives. Marketing objectives has to be clear, precise and concise.

Wnich of these skills is the cognitive ability to see the organization as a whole and the relationship amon parts? a. Human b. Resource allocation c. Conceptual d. Negotiation e. Technical

Answers

Answer:

c. Conceptual

Explanation:

The skill that best suits the cognitive ability to see the organization as a whole and the relationship between the parties is the conceptual skill.

This is an essential skill for managers who will manage the systems that comprise the organization, because through conceptual skill it is possible to learn through experience, planning, innovation through ideas and solutions, which can help the manager to order the leadership and decision-making process effectively for the company as a whole, in addition to facilitating the process of assertive communication aimed at employee engagement and other variables that promote continuous improvement in the company.

Use future value and present value calculations to determine the following: (a) The future value of a $660 savings deposit after eight years at an annual interest rate of 3 percent. Use Exhibit 1-A. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) (b) The future value of saving $1,660 a year for five years at an annual interest rate of 6 percent. Use Exhibit 1-B. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) (c) The present value of a $2,310 savings account that will earn 3 percent interest for four years. Use Exhibit 1-C. (Round time value factor to 3 decimal places and final answer to 2 decimal places.)

Answers

Answer:

a. $836.07

b. $9,357.57

c. $8586.50

Explanation:

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

$660(1.03)^8 = $836.07

b. The formula for calculating future value of an annuity = A (B / r)

B = [(1 + r)^n] - 1

(1.06)^5 - 1 = 0.338226

( 0.338226 / 0.06) x $1,660 = $9,357.57

c. Present value can be found using a financial calculator

Cash flow each year from year 1 to 4 = $2310

i = 3%

present value = $8586.50

To find the NV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

Maria Gomez owns and manages a consulting firm called Accel, which began operations on December 1. She asks us to assist her with some financial reporting questions

Answers

Question Completion:

Financial data:

Unearned revenue 3,600

Notes payable 2,800

Accounts payable 4,800

Advertising expense 2,800

Rent expense 4,000

Salaries expense 6,000

Utility expense 2,400

Consulting revenue 34,000

Rental revenue 7,000

Accounts receivable 10,000

Cash 12,000

Equipment 10,200

Notes receivable 5,000

Prepaid insurance 2,000

Supplies 3,000

Common Stock 9,200

Dividends 4,000

Prepare Income Statement, Statement of Retained Earnings, and Balance Sheet as of December 31.

Answer:

Accel Consulting Firm (owned and managed by Maria Gomez)

a. Income Statement for the month ended December 31:

Consulting revenue            $34,000

Rental revenue                        7,000

Total Revenue                     $41,000

Less expenses:

Advertising expense 2,800

Rent expense            4,000

Salaries expense      6,000

Utility expense          2,400   15,200

Net Income                        $25,800

b. Statement of Retained Earnings for the month ended December 31:

Net Income                             $25,800

Dividends                                    4,000

Retained earnings, Dec. 31    $21,800

c. Balance Sheet as of December 31:

Assets:

Cash                                  $12,000

Accounts receivable           10,000

Notes receivable                  5,000

Prepaid insurance                2,000

Supplies                                3,000

Equipment                           10,200

Total Assets                     $42,200

Liabilities:

Unearned revenue           $3,600

Notes payable                     2,800

Accounts payable               4,800

Total Liabilities                 $11,200

Common Stock                  9,200

Retained earnings            21,800

Total liabilities + Equity $42,200

Explanation:

Accel's income statement is a summary of the temporary accounts, which are not carried forward in the next accounting period.  They are used to calculate the profit performance of the consulting firm.  They include the revenues and the expenses incurred for generating the revenue.

Accel's statement of retained earnings shows the difference between the net income generated over the years for a business that has been in operation for years and the payouts from the net income in form of dividends to stockholders.  For Maria Gomez's consulting business, the retained earnings statement shows what is remaining after paying dividend for the month of December to Gomez.

Accel's balance sheet is the final financial statement that is needed to be prepared to show the financial position of the firm.  It shows what the firm owns as assets and the value that the firm owes other creditors for services not paid for or not yet rendered and the equity value for the stockholder, Maria.

Why is a manufacturer's sales branch considered part of the wholesaling industry?

A. Because it is located at the producer's factory

B. Because it is a limited-function wholesaler

C. Because it does the work of a wholesaler

D. Because it is a type of warehouse club

Answers

Answer:

C

Explanation:

i believe the answer is C

The reason that the manufacturer's sales branch is considered part of the wholesaling industry is that it does the work of a wholesaler. Hence, Option C is correct.

Who is a wholesaler?

An intermediary merchant who sells primarily to retailers, other merchants, or industrial, institutional, and commercial users, usually for resale or business use.

Retail and wholesale are two crucial steps in the distribution process in the supply chain sector. Any product that a business produces is first sold in bulk to the wholesaler, who then sells it to the retailer, who then sells it to the final consumers.

Hence,  The reason that the manufacturer's sales branch is considered part of the wholesaling industry is that it does the work of a wholesaler. Option C is correct.

Learn more about wholesalers:

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Baldwin Printing Company uses a job order costing system and applies overhead based on machine hours. A total of 150,000 machine hours have been budgeted for the year. During the year, an order for 1,000 units was completed and incurred the following:"Direct material costs $1,000Direct labor costs 1,500Actual overhead 1,980Machine hours 450The accountant calculated the inventory cost of this order to be $4.30 per unit. The annual budgeted overhead in dollars was;__________a) $577,500b) $600,000c) $645,000d) $660,000

Answers

Answer:

total estimated overhead costs for the period= $600,000

Explanation:

First, we need to determine the allocated overhead for the order:

Total cost= direct material + direct labor + allocated overhead

4,300= 1,000 + 1,500 + allocated overhead

allocated overhead= 4,300 - 1,000 - 1,500

allocated overhead= 1,800

Now, we can determine the allocation rate:

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

1,800= Estimated manufacturing overhead rate*450

1,800/450= Estimated manufacturing overhead rate

Estimated manufacturing overhead rate= $4 per machine hour

Finally, the budgeted manufacturing overhead:

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

4= total estimated overhead costs for the period/150,000

$600,000= total estimated overhead costs for the period

A newly issued bond pays its coupons once annually. Its coupon rate is 5%, its maturity is 20 years, and its yield to maturity is 8%. a. Find the holding-period return for a 1-year investment period if the bond is selling at a yield to maturity of 7% by the end of the year.

Answers

Answer:

Holding Period return 19.54%

Explanation:

We purchase to get a yield of 8%

so we sovle for the present value of the bond (market value) which is the amount at which we adquire the bond:

PV of the coupon payment:

[tex]C \times \frac{1-(1+r)^{-time} }{rate} = PV\\[/tex]

C ($1,000 x 5%) 50.000

time 20 years

rate 0.08

[tex]50 \times \frac{1-(1+0.08)^{-20} }{0.08} = PV\\[/tex]

PV $490.9074

Pv of maturity:

[tex]\frac{Maturity}{(1 + rate)^{time} } = PV[/tex]  

Maturity   1,000.00

time   20.00

rate  0.08

[tex]\frac{1000}{(1 + 0.08)^{20} } = PV[/tex]  

PV   214.55

PV c $490.9074

PV m  $214.5482

Total $705.4556

Then, we solve for the price that 7% YTM after a year:

[tex]C \times \frac{1-(1+r)^{-time} }{rate} = PV\\[/tex]

C 50.000

time 19

rate 0.07

[tex]50 \times \frac{1-(1+0.07)^{-19} }{0.07} = PV\\[/tex]

PV $516.7798

[tex]\frac{Maturity}{(1 + rate)^{time} } = PV[/tex]  

Maturity   1,000.00

time   19.00

rate  0.07

[tex]\frac{1000}{(1 + 0.07)^{19} } = PV[/tex]  

PV   276.51

PV c $516.7798

PV m  $276.5083

Total $793.2881

Now we compare to get hte capital gain:

year-end less beginning value

$793.29 - $705.46  =  $87.83

The coupon is also a return:

$1,000 x 5% = $50

Total return $137.83

Investment $705.46

Holding-period return

137.83/705.46 = 0,195376 = 19.54%

Training and development are roles filled by human resource specialists true or false

Answers

The answer is - false

Which of the following is a part of applying for a loan? A. Verifying your income B. Negotiating an interest rate C. Signing up for a credit card D. Completing a means exam

Answers

Answer:

A & B

Explanation:

Your income is a asset to value the estimations of your loan application. The loan length, the repayments and negotiate a fixed or flexible interest rate among the loan, depending on the type.

Answer:

Verifying your income

Explanation:

You will already have to have a credit card and to talk about interest rates, you would have to be approved first.

On January 1, 2015, East Lansing, Inc, issues $2,000,000 of 10 percent, 5-year bonds that pay interest of $100,000 semiannually. The market rate is 8 percent at the time of issuance. The issue price of the bonds is:____a. $1,852.810 b. $1888,970 c. $1.999.970 d. $2,162.290

Answers

Answer:

The answer is option D

Explanation:

The bond can be issued at par, at a discount or at a premium depending on the coupon rate and the market interest. The price of the bond which pays semi annual coupon can be calculated using the formula of bond price. The formula to calculate the price of the bond is attached.

First we need to determine the semi annual coupon payment, periods and YTM.

Semi annual coupon payments = 2000000 * 0.1 * 6/12 = 100000

Semi annual periods = 5 * 2 = 10

Semi annual YTM = 0.08 * 6/12 = 0.04

Bond Price = 100000 * [(1 - (1+0.04)^-10) / 0.04]  +  2000000 / (1+0.04)^10

Bond Price = $2162217.916

The price of the bond is thus $2162290 approx. The difference in answers is due to rounding off.

Which of the following indicates a website is NOT secure?

Answers

Answer:

a) a lock icon is not displayed in the address bar

(d) the url of the website begins with http

Explanation:

The lock item in the address bar is proof that the communication between your computer and the website is secure because it indicates that the communication is encrypted. If it is not there therefore, the communication is not secure.

Websites with Hypertext Transfer Protocol Secure (HTTPS) are secured as the communication is encrypted by the use of Transport Layer Security unlike websites with the basic HTTP. Visits to such sites are therefore riskier as there is a higher chance of information theft.

The website is not secure when its not displaying a lock, missing an updated SSL and does start with an HTTP instead of HTTPS.

There are many methods of checking that a website is secure is not correct by the use of various software tools like domain blocker, website checker etc.

Hence the option D is correct that is the URL of the website begins with HTTP.

Learn more about the indicates a website is NOT secure.

brainly.com/question/12655730.

The business pays $2,000 in cash to the landlord for office space rent. a) Expenses reduce by $2,000 b) Equity remains unchanged c) Equity reduces by $2,000 d) Assets increase by $2,000 e) Liabilities reduce by $2,000

Answers

Answer:  c) Equity reduces by $2,000

Explanation:

Expenses have the effect of reducing the income that the company would have made. That income is classified under equity as retained earnings so when expenses like office rent reduce the income, they are reducing the company's equity as well.

This is why expenses are debited when they increase because they reduce the equity accounts which are credited when they increase.

Net income equals: Question 2 options: Cash receipts minus cash payments. Assets minus liabilities. Revenues minus cost of goods sold. Revenues minus expenses.

Answers

Answer:

Revenues minus expenses.

Explanation:

Net income = Revenue -  (cost of goods sold + selling, general and administrative expenses + depreciation + net interest expense + income tax)

Revenues minus cost of goods sold gives gross profit

Assets minus liabilities gives shareholders equity

The company could issue preferred stock. The stock sells for RM105, however if new stock is issued, the company would receive only RM88. The par value of the stock is RM100 and the dividend is RM10. What is the cost of capital for the preferred stock to the company?

Answers

Answer: 11.36%

Explanation:

The Cost of capital is calculated as;

= (Dividend rate / Net Stock price) * 100

= (10 / 88) * 100

= 11.36%

Net Stock price is used as it shows a more accurate depiction of the cost of capital since it uses the actual amount that the company received.

Answer:

11.36%

Explanation:

How do financial institutions help with risk-bearing?

Answers

Answer:

A, B and D

Explanation:

The financial institution help with respect to risk bearing in the following ways  

1. The risk should be spread with the help of pooling the premium and the claim should be paid with respect to accident, fire, etc

This results in spreading the financial risk

2. Mutual funds and the pension funds should be spread among various stocks and bonds so that the risk could be spread rather limited to one company

3. The risk should be spread among various clientele

Therefore the option A, B and is correct and C is in correct as the investment companies do not deny in case when it would meet the risk and returns objectives

Rather than determining whether a culture has good or bad ethics, it is best to look for practical solutions to the cultural challenges of doing global business. Which of the following suggestions acknowledge different values and respect the need for moral initiative?

a. Refuse alternatives,
b. Avoid reflex judgments.
c. Don't rationalize shady decisions.
d. Embrace transparency.

Answers

Answer:

Option C

Explanation:

In simple words, Seeking options, rejecting business where it contradicts your core beliefs, and preventing the rationalisation of shady decisions can help you negotiate sometimes vague cross cultural ethics comfortably. It is often prudent to explore alternate routes.

For instance, rather than caving in to federal payments, provide non financial public sector incentives, technological knowledge or extra customer support.

One billion hours of labor are available for making products in Mandovia, and 2 billion hours of labor are available for making products in Ducennia. In a no-trade world, let’s assume that half the labor in each country gets used to make each product. Calculate the output of rotids and taurons, rounding to one decimal place.

Answers

Answer:

Mandovia

Rotid

Mandovia total labor hours is 1 billion which is to be divided equally to make one product so 500 million hours per product. It takes 50 hours to make one rotid so with 500 million;

= 500,000,000/50

= 10,000,000 rotids

Taurons

= 500,000,000/100

= 5,000,000 taurons

Ducennia

Rotids

Ducennia total labor hours is 2 billion which is to be divided equally to make one product so 1 billion hours per product. It takes 150 hours to make one rotid so with 1 billion hours will be;

= 1,000,000,000/150

= 6,666,666.7

= 6.7 million rotids

Taurons

= 1,000,000,000/20

= 50,000,000 taurons

There is is an acronym that helps you analyze business communication situations. What does each letter in the acronym stand for?A. planning, audience, information, debate, objections, contextB. planning, audience, identity, benefits, contextC. purpose, audience, information, benefits, objections, contextD. None of the above.

Answers

Answer:

D. None of the above.

Explanation:

The more likely acronym that is been referred to here which helps one analyze business communication situations is ACE, which stands for;

A- Analyzing,

C- Composing, and

E- Evaluating.

Thus, since this isn't among the options, the correct answer is option D.

Which of the following describes a likely outcome when teams effectively plan for data collection?a. The team may not collect enough datab. Team members may collect data using different operational definitionsc. The data may not be validd. Process participants are interested in the results of the data collection

Answers

Answer:

b. Team members may collect data using different operational definitions

Explanation:

when teams effectively plan for data collection, they plan to collect data collect efficiently in order to achieve the aim of the data collection

An operational definition is how a researcher decides to measure variables.

when teams effectively plan for data collection, they can collect data using different operational definitions to be able to conduct their research more robustly

Outcomes of teams not planning efficiently for data collection

a. The team may not collect enough data

b. The data may not be valid

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