historical cost - Land was acquired in 2021 for a future building site at a cost of $41,100.
What is historical cost concept?
Acquisition cost or historical cost is the original cost of an asset as recorded in an entity's financial records. This concept is explained by the cost principle which states that an asset, liability or interest should be recognized only at its original cost.
the assessed valuation for tax purposes is $27,900, a qualified appraiser placed its value at $48,900, and a recent firm offer for the land was for a cash payment of $45,400. the land should be reported in the financial statements at $41,900.
In accordance with the "historical cost concept" of accounting, property, plant and equipment are shown in financial statements at the cost at which they were acquired.
As a result, the asset should be reported on the financial statements at $41,900. This is the cost of the property when acquired in 2021.
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following are examples of classifications for the products and services market by industry. match the product to the correct industry classification.
There are four kinds of merchandise and each is classified based on purchaser habits, price, and product characteristics: comfort goods, shopping goods, specialty products, and unsought goods
What is product and classification of product?Product classification is a marketing and business time period that categorizes products based totally on how and why customers purchase them. These distinctions can alternate the way agencies market their merchandise and have an effect on other aspects of sales, such as pricing and distribution.
What is the procedure of classification of products?Grading is the manner of classifying products as per their characteristics such as size, colour, shape etc.
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https://brainly.com/question/27324139#SPJ4Based on the following information, calculate the amount of overhead applied when using a standard costing system.
Budgeted Variable Overhead: $200,000
Budgeted Fixed Overhead: $150,000
Est. Total Machine Hours: 25,000
Standard Machine-hours for actual production: 20,000
Actual Machine Hours Used: 20,500
The amount of overhead applied when using a standard costing system. is $280,000.
($200,000 + $150,000) ÷ [tex]\frac{(200,000 + 150,000)}{25,000} X 20,000[/tex]
standard hours allowed = $280,000 applied
In the realm of business, an ongoing expense associated with maintaining an organization is known as an overhead charge. In contrast to operating expenses like labor and raw materials, overheads are more difficult to associate or associate with any one revenue item. Any additional expenses a company incurs in an endeavor to market and sell its goods or services are referred to as overheads. Overhead expenditures include things like rent, power, business permits, accounting fees, advertising costs, and payroll. While direct costs are directly related to the product or service you provide, like those for raw materials or packaging supplies, these prices are typically stable and predictable.
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Describe a spending plan in 4 or more sentences:
Set up a spending plan in detail for a 50 year old person:
A spending plan is a way to allocate your income to the assortment of needs and wants.
You may efficiently manage ones finances and choose where to spend your money by making a spending plan in advance.
It is also known as budget
Spending plan is simply a statement that helps you to meet your expenses and spend the money the way you want
Steps for creation of Spending Plan
Step 1: Identify your Income
Step 2: Note down your Expenses
Step 3: Calculate Your Cash Flow — Compare Monthly Income and Expenses
Step 4: Find Resources and Make Changes — Increase Income or Reduce Expenses.
Spending plan for a 50 year old
Pay off your Debt: Serious financial preparation is necessary during the 50s, especially with regard to loans and debts. No one would like to pay EMIs in their 60s. Therefore, it is advised to pay off all loans (home/car) before retiring because doing so subsequently would be counterproductive.Retirement Planning: Increase your PF amounts and don't spend your bonuses recklesslyReduction in Expenses: As one steps in their 50s the number of dependents reduces. Therefore low expenses. Also with cash inflow, one can save large amount for themselves.Buy a health Insurance: Buying a secure heath insurance wit full life coverage is a must for people in their 50sTo know more about Spending Plan refer
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fill in the blank question.the purpose of a(n) is to see if capital budgeting expectations were actually realized.
The purpose of a project cash flow is to see if capital budgeting expectations were actually realized.
A budget is a calculation plan, typically however no longer constantly economic, for a defined length, often three hundred and sixty five days or a month. Finance may also encompass anticipated income volumes and revenues, useful resource portions along with time, expenses and fees, environmental impacts which include greenhouse gasoline emissions, other affects, assets, liabilities and coin flows. Corporations, governments, households, and different organizations use budgets to specific strategic plans of activities in measurable terms. A finances expresses meant prices along side proposals for how to meet them with sources. A price range may additionally specific a surplus, providing sources to be used at a destiny time, or a deficit wherein prices exceed income or different sources.
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you are going to deposit $20,000 today. you will earn an annual rate of 3.7 percent for 13 years, and then earn an annual rate of 3.1 percent for 16 years. how much will you have in your account in 29 years?
By using the compound interest formula we find that you will have $52,274.81 in your account in 29 years
Formula : A=p(1+r/100)^n
Compound interest is the addition of interest to the principal sum of a loan or deposit or interest on interest plus interest. It is the outcome of reinvesting interest or incorporating it into the loaned capital, rather than paying it out or requiring payment from the borrower so that interest is earned on the principal sum plus earlier accumulated interest in the following period. In finance and economics, compound interest is the norm.
Compound interest differs from simple interest in that previously accrued interest is not added to the principal amount of the current period, resulting in no compounding.
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when a customer purchases merchandise, it triggers a flow of information that will eventually reach which elements of the supply chain? (choose every correct answer.)
When a customer purchases merchandise, it triggers a flow of information that will eventually reach these are the elements of the supply chain
Locations for distributionMakers of productsVendors of raw materialsWhat is Supply Chain?
A supply chain is a group of people and businesses responsible for producing and distributing a product to customers. The chain's first link is the manufacturer of the raw materials, and the last link is the van that delivers the final item to the customer.
In order to reduce costs and improve the efficiency of the manufacturing cycle, supply chain management is a critical activity. Businesses want to enhance their supply networks in order to cut costs and maintain their competitiveness. The entire process of bringing a finished good or service to a consumer is included in the supply chain. The actions could involve locating raw materials, bringing them to the production process, and then delivering the finished goods to a distribution hub .
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hoda is skilled at reading the emotional signals of her audience and making quick, subtle adaptations to her presentation to connect with them. hoda is good at showing her?
Hoda is adept at reading the emotional cues of her audience and adapting her presentation quickly and subtly to connect with them. Hoda excels at displaying her compassion.
You enhance your message and entice your audience to pay serious attention to it—and to you—through the use of eye contact, vocals, body posture, gestures, and facial expression.
Are audience members' nonverbal responses an indication of their interest and attention to a speaker?
Eye contact, which is frequently the most obvious indication of an audience member's interest. posture or body position, as people who are paying close attention to the speaker will typically face them.
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which of the following statements concerning personal umbrella liability insurance is (are) correct? 1. the personal umbrella policy is designed primarily to provide liability coverage for catastrophic legal claims or judgments. 2. the personal umbrella policy requires the policy owner to carry certain underlying liability coverages of specified minimum amounts on both the homeowner's policy and the pap. a claim made under an umbrella policy will pay only after the required limits of the relevant underlying policy have been paid either by the underlying policy, or by the insured if the required minimums are not carried.
Both 1 & 2. Umbrella insurance policy is for protecting the insured person from major disastrous claims and danger in the future. It covers the sums which are normally not covered under typical insurance policies. It kicks in only after the limits of relevant underlying policy are exhausted.
Insurance is a way of protection from monetary loss wherein, in exchange for a price, a celebration is of the same opinion to assure another party repayment inside the occasion of a sure loss, damage, or damage. It's miles a shape of danger control, in the main used to hedge against the danger of a contingent or unsure loss. An entity which presents insurance is referred to as an insurer, coverage enterprise, insurance carrier, or underwriter. A person or entity who buys coverage is referred to as a policyholder, while a person or entity covered underneath the policy is called an insured. Policyholder and insured are frequently used as but are not always synonyms, as insurance can now and again extend to extra insureds who did no longer purchase the insurance.
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since disposable income is either consumed or saved, the fraction of any disposable income consumed plus the fraction saved must be ______.
Since disposable income is either consumed or saved, the fraction of any disposable income consumed plus the fraction saved must be equal to one.
The time period “income” usually refers to the amount of money, belongings, and other transfers of value acquired over a fixed period of time in exchange for services or products. there is no single, general definition: income is described in line with the context in which the idea is used.
Profits, at its maximum fundamental degree, can be categorised because the money that an person earns. earnings can come from a variety of resources: wages, dividends, self-employment, and so forth. earnings can be divided into primary classes: taxable income and non-taxable earnings.
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You are a researcher at a pharmaceutical company working on drug development. You develop a drug that will prevent the second mutation that leads to acute lymphoblastic leukemia. What are you targeting?.
Acute lymphoblastic leukemia is caused by the second mutation, which is prevented by a medication you design. I'm aiming for cytokines.
Describe cytokines.
The word "cytokine" is a compound of the Greek terms "cyto," which means cell, and "kinos," which means movement. The term "immunomodulating agents," or substances that modify or change the immune system response, is currently used to refer to cytokines.
Cytokines are tiny, membrane-bound proteins that function as cell signaling molecules. They support cell-to-cell communication during immune responses and promote the migration of cells to areas of inflammation, infection, and damage.
Cytokines circulate in picomolar concentrations and can grow tenfold in size in response to an infection or inflammation. They carry diverse signals for cell survival, proliferation, differentiation, and functional activity.
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1. did finished goods inventory increase or decrease, and by what amount, from november 30 to december 31?
The increase in finished goods inventory will be $2,500.
The third and final category of inventory that manufacturing companies employ for accounting purposes, which includes the products that are sold to customers, is finished goods inventory. Raw materials are used to create manufactured goods, which subsequently enter the work-in-progress (WIP) stage as they are produced.
Raw materials and completed items are the two forms of inventory that a manufacturing organization manages. The main distinction between the two is that completed goods inventory is what the business creates and ultimately sells to a product reseller
Finished goods inventory increase = Finished goods inventory December 31- Finished goods inventory November 30
Finished Goods = 10,000 - 2,500
Therefore, the Finished Goods inventory increase will amount to $2,500
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COMPLETE QUESTION:
Raw Materials:
Nov 30 - $10,000
Dec 31 - $12,000
Work in Process:
Nov 30 - $15,000
Dec 31 - $20,000
Finished Goods:
Nov 30 - $7,500
Dec 31 - $10,000
1. did finished goods inventory increase or decrease, and by what amount, from November 30 to December 31?
Suppose a firm uses its company cost of capital to evaluate all of its projects. Will it underestimate or overestimate the npv of new projects that are riskier than the firm’s average projects?.
The chances of losses are very high in high-risk projects, so the firm will underestimate the value of high risk projects.
What do you mean by cost of capital?
Cost of capital refers to the estimation of return that a business expects from a capital project. It is used to attract investors to invest in the capital of the firm and improve market value.
Talking about the cost of capital, the assumed return and Higher WACC shows that there is a higher risk associated with the operations. In case of lower WAAC it leads to lower risk. In case of higher risk projects the organization will use a higher cost of capital than the standard one.
The chances of losses are very high in high-risk projects, so the firm will underestimate the value of high risk projects.
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this is the premise that the ownership of real estate consists of the ownership of various rights associated with it. these rights include the right to use and/or occupy, the right to sell in whole or in part, the right to lease, the right to bequeath and the right to do none of the foregoing....?
Bundles of Rights include the right to use and/or occupy, the right to sell in whole or in part, the right to lease, the right to bequeath and the right to do none of the foregoing.
Define bundle of rights.The collection of legal rights connected to real estate ownership is referred to as a "bundle of rights." There are five different rights that make up the "bundle": the rights to possession, control, exclusion, enjoyment, and disposition.
The metaphor of the "bundle of rights" helps to convey the complexity of property ownership. This conception is widely used by law school professors teaching beginning property law courses to explain "complete" property ownership as a division of distinct stakeholder entitlements. The various benefits that a homeowner immediately acquires together with the title to the land are referred to as a "bundle of rights."
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if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.
Answer:
if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.
Explanation:
If each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be regressive. Thus the correct option is A.
What is Tax?A tax is referred to a certain amount that is collected by the government of any country from its citizens which is later on used in the development process of the country including building hospitals, roads and maintaining transportation, and so on.
A regularly applied tax is one that disproportionately affects low- and middle-income earners by taking a larger portion of their earnings is known as a regressive tax. The aggregate tax burden falling with income is referred to as a regressive tax.
The nation's preservation rate rises under a regressive tax system because people with higher incomes typically save more. It contributes to a decrease in the need for things like alcohol and tobacco.
Therefore, option A is appropriate.
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which of the following is the best example of a product feature that would appeal to a buyer's rational buying motive?
(A) "AlwaysRight watches come with a three-year warranty."
(B) "SqueakyClean detergents have a very appealing scent."
(C) "ActiveDay coffee is the country's favorite hot drink."
(D) "SurroundLoud stereos are used by celebrities."
(E) "SparklyWhite toothpaste is the number one toothpaste in the world."
The following is the best example of a product feature that would appeal to a buyer's rational buying motive (A) "AlwaysRight watches come with a three-year warranty."
rational buying motive that are supported by logic or facts are called rational motives. Saving time, money, or achieving the best quality or value are examples of rational motivations.
Although rational purchasing decisions can affect a variety of purchases, expensive purchases require particular consideration.
Customers have both rational and emotional motives, which are influenced by their perceptions of the world and their own experiences.
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one characteristic of an open-end investment company that distinguishes it from a closed-end one is that
The characteristic of an open-end investment company that makes a continuous offering of its shares then a closed-end one.
For the benefit of its shareholders, a management company is an investment firm that manages a portfolio of securities. In this category are mutual funds. Open-end investment and closed-end management organizations fall into different groups. The primary distinction between the two is that while a closed-end company makes a single offering of its shares, an open-end corporation continuously offers its shares. A continuously offered share of a redeemable open-end investment corporation is one that is available. A mutual fund is formally referred to as a "open-end investment business." The net asset value of a fund, along with any commission or sales charges, is the purchase price. An unredeemable offering of shares is made by a closed-end firm once only. It issues common stock shares, and the proceeds go toward financing.
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Leia has a checking account at a credit union, but she loads cash onto and uses prepaid cards sometimes, too. What might be her reason?.
Her justification could be that she believes the prepaid card keeps her from overspending because she loads a set dollar amount on it and cannot overdraw.
What is a prepaid card?A prepaid card can be used to make the purchases. You purchase a card that has money preloaded on it. After that, you can use the card to make purchases up to that sum. A stored-value card or prepaid debit card are other names for prepaid cards. Prepaid cards are available at several stores and online. Prepaid cards frequently bear the Visa or MasterCard logo. These prepaid cards resemble credit cards exactly. Prepaid cards are a practical way to pay for items when you don't have cash on you, since you are using money that you already have, and you don't need bank account to use the prepaid card.
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When does Black Friday start? What are the dates of Black Friday?
Coming up is the US's greatest yearly sale day. November 25 marks Black Friday in 2022. On November 25, Black Friday will begin at midnight and last until 12 o'clock that same day.
The Friday following Thanksgiving is referred to as "Black Friday" in American slang. It traditionally signals the beginning of the holiday shopping season in the US.
Many retailers open early, often as early as midnight or even on Thanksgiving, and frequently have heavily advertised bargains with steep discounts.
Many people hold the view that the word "Black Friday" originates from the idea that companies operate at a loss, or are "in the red," until the day after Thanksgiving, when enormous sales ultimately enable them to generate a profit, or place them "in the black."
The US's greatest yearly sale day is approaching. The date of Black Friday in 2022 is November 25. Like every other year, consumers may anticipate significant discounts on a wide range of goods.
Electronics, groceries, cell phones, furniture, accessories, homes, and a whole lot more are included. Black Friday sales typically last for 24 hours, thus the one on November 25 will begin at 1:00 am and end at 12:00 pm.
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Nelson is documenting all the steps it takes to recruit, hire, and onboard a new employee. What would be the best way to describe these steps?.
The best way to describe these steps for recruiting, hiring, and onboarding a new employee would be through a hiring hierarchy.
What are the steps for hiring?
First, there must be an assessment of the need for specialized personnel, so that the company can then start a structured recruitment/selection process based on requirements such as the employee's experience and education.
After the recruitment process, it is necessary to follow the steps of formalizing the registration of the new employee through a contract and other legal provisions. Integration is also essential so that the employee can adapt to the rules, team and organizational culture.
Therefore, the process of selecting, hiring and integrating a new employee into the company follows a series of essential steps that must be arranged in a hiring hierarchy, so that the process proceeds as planned.
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the new-product process stage of development (stage 5) involves which two items?
The new-product process stage of development involves ensuring the product meets the standards established by the protocol and manufacturing the product.
5 levels of manual the new product development process for small companies: concept technology, screening, concept improvement, product improvement, and, in the end, commercialization.
There are four types of products and each is classified based on purchaser conduct, charge, and product traits: convenience items, buying items, strong point merchandise, and unsought items. allow's to dive into everyone in extra detail.
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In what pricing strategy are prices lowered in a series of steps with the demand by those who really desire the product being satisfied at the highest prices?.
A price skimming approach is when an online retailer sets its starting price as high as its target market would bear before gradually lowering it.
What is price skimming approach?
The company can cut prices to entice a new, more price-conscious consumer base as demand from the initial customers is met and additional competitors enter the market.
Companies who use a skimming pricing approach offer the greatest price they can for a new product before gradually lowering the price as the product loses popularity. In contrast to high-low pricing, skimming lowers prices gradually over time.
The term "competition-based pricing mechanism," commonly referred to as "competitive pricing," describes how a business sets its prices for its goods and services in relation to those of its rivals. It is a component of the revenue management strategy of the business.
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What do you think of going shopping when it’s crowded?
Going on shopping when it's crowded depends on the patience level of a person and the necessity of the items to be bought.
Most people tend to avoid shopping when a store is crowded. However, if a person wants to buy items that are of necessary and urgent, then he needs to shop even when the store is crowded.
Generally, people do not like shopping in places that are too crowded always. People prefer places that are silent and less crowded so that they can get focus on the products and choose wisely the item of their choice.
Other people might not have any effect by a space being too crowded for shopping.
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if the price of ground beef decreases, which of the following will occur? the demand curve for ground beef will shift to the left. the substitution effect will cause some consumers to switch to other types of meat. consumers will experience a decrease in their purchasing power. there will be a movement down the demand curve for ground beef.
if the price of ground beef decreases, there will be a movement down the demand curve for ground beef.
Which of the following will change how a good's demand curve shifts ?
Changes in tastes, population, income, the cost of substitute or complementary goods, and expectations regarding future conditions and prices are just a few of the variables that can cause the demand curve for goods and services to shift, resulting in a different quantity being demanded at any given price.
The demand curve shifts to the right to indicate increases in demand. A raise in income, an increase in the cost of a substitute, or a decrease in the cost of a complement could all contribute to this.
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al offered seller tim $60,000 for a parcel of land but tim never responded to al's offer. two weeks later tim sold the land for $58,000 to an out-of-state buyer. neighbor al has sued for breach of contract. what can be said about al's actions?
We can assert that a contract does not exist unless both parties consent.
What is a breach of contract?When one or more of the parties to a contract refuses to carry out their obligations under the terms of the agreement or obstruct the performance of the other party, this is referred to as a legal claim and a category of civil wrong called "breach of contract." When one or more of a party's contractual responsibilities are broken, whether fully or partially, a breach has occurred. It may also express its intention to violate the contract or demonstrate its inability to do so in another way. When a contract is broken, the violating party is liable for compensating the injured party for their losses.In this instance, we can assert that a contract does not exist until both parties consent to Al's activity.
Therefore, we might assert that a contract does not exist unless both parties agree to it.
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11. consider a three-year corporate bond selling for $1026.73, paying interest annually, with a face value of $1,000, a coupon rate of 7%, and a ytm of 6%. what is the duration of this bond?
The duration of a three-year corporate bond is 2.63 years. A lower coupon rate increases a bond's duration.
How does the duration of a bond change?Bond length can be used to calculate how much an interest rate change will likely affect bond prices. Bond duration, or interest rate risk in more technical terms, is measured.
A bond's duration is increased by a lower coupon rate since proportionately less payment is received before the bond's eventual maturity. Because a proportionately greater amount of payment is received prior to final maturity, a bond's lifespan is shortened the higher its coupon.
Given that
Face value of bond = $1000
maturity i.e. n = 3 years
coupon rate = 7%
Yield to maturity (YTM) = 6%
Price of bond = $1026.73
Coupon amount = Face value of bond × coupon rate
= $1000 × 7%
= $70
Current yield = coupon amount/ Price × 100
= 70/1026.73 × 100
= 6.82%
Annuity factor at YTM rate i.e. 6% for 3 years of maturity period
=[1-"(1+YTM)^(-maturity)"]/ YTM rate
=[1-'(1+0.06)^(-3)"]/0.06
=[1-0.83961928]/0.06
= 0.16038073/0.06
= 2.673012
Duration of the bond
= Current yield/YTM × annuity factor × (1+YTM factor)+(1- Current yield/YTM) × n
= 6.82/ 6 × 2.673012 × 2.673012 × 1.06 +(1-1.36666667) × 3
= 3.03832365 - 0.41000001
= 2.63 years
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caitlin is a highly motivated sales executive in a company that sells textbooks on business studies. she works hard to maintain friendly relations with the professors at colleges and universities. when a committee was in the process of selecting a new book on marketing, the book caitlin was promoting was selected. her amiable relationship with the committee chairman paved the way for this selection. the committee chairman trusted caitlin and believed that she would meet his expectations as before. identify the type of relationship between caitlin and the committee chairman in this scenario.
The type of relationship between Caitlin and the committee chairman in this scenario is of an employee and an employer.
Who is a chairman?A board, committee, or deliberative assembly's chairperson, who is also known as the chairman, chairwoman, or chair, serves as the group's presiding officer. The official, who is normally chosen or nominated by the group's members, preside over meetings and oversees the smooth operation of the group's affairs.
In certain organizations, the chairperson and president are two different titles. In some, when the president is chosen by a board, the two names refer to different roles. Additionally, the term "chairman" may be used in a neutral way without explicitly emphasizing the gender of the holder. The term "chair" can refer to any location where the office holder preside, including a chair, a lectern, or another location.
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Ms. smith opened a bank account to save money. the balance of the account is modeled by the function f(x) = 4,000(1.06)x , where x is the number of years since the account is opened. according to the function, what is happening to the balance of the account each year?
Answer:
a
Explanation:
Balance of the account increasing each year linearly is happening to the balance of the account each year.
What is the Balance in the account?Your account balance is the sum of all posted credit and debit transactions. It is the amount in your account before any pending charges are added. Your available balance is the sum of money you have accessible for withdrawals or purchases.
When you check the balance of your bank account online, the available balance and total balance can be two different figures. A debit lowers the amount, whereas a credit enhances it. expense reports. A credit decreases the balance while a debit raises it.
The debiting of positive asset and cost values and crediting of negative balances are shown by this. For instance, after receiving $1,000 in cash, a journal entry would include a debit of $1,000 to the cash account in the accounting software.
Thus, Balance of the account increasing each year.
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During the current year, Armstrong Corporation reported net income of $18 million and EPS of $5.00 per share. The average number of common shares outstanding during the year was 3.6 million. The price of a share of its common stock was $2.50 at the beginning of the year and $5.00 at the end of the year. What is the company’s price/earnings (P/E) ratio at the end of the year?
Price?earnings (P/E) ratio
1.00 is the company’s price/earnings (P/E) ratio at the end of the year .
What is company’s price/earnings (P/E) ratio?
Investors can determine the value of a firm using the price/earnings ratio, or P/E ratio. The P/E ratio is the stock price divided by the company's diluted profits per share for a specified time period, such as the previous 12 months. The price-to-earnings ratio reveals how much money investors are willing to part with for every $1 in earnings.What does a good price earnings PE ratio look like?
It's not necessary for a "good" P/E ratio to be high or low on its own. Since the current market average P/E ratio is between 20 and 25, a PE ratio above that range could be viewed negatively while one below that could be viewed favorably.Price of share at end of year = 5
Divide by EPS = 5
Price/earnings (P/E) ratio = 1.00
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Select the correct answer from each drop-down menu. What are the features of a corporation? the chief distinguishing factor of a corporation is its. An investor who purchases stock in a corporation becomes a in that corporation.
Stocks are ownership certificates.Then, everybody who purchases a stock in a corporation becomes a shareholder in the business. This implies that if there are any corporate profits, this person is entitled to a portion of it.
If a lawsuit is brought against the company, limited liability means that neither the owner nor the stockholder are personally liable; only the corporation is.A person or organisation who buys or receives shares in a firm is referred to as a shareholder. The corporation is then owned by the shareholder. The percentage of ownership is determined by how much stock a person or company owns.If the stock price increases during the course of the year, the shareholder will be paid a check from the company’s profit. Majority and minority shareholders are the two types of shareholders.In the US, limited liability companies are referred to as LLCs. Legally speaking, an LLC’s owners are not held liable for the debt of the business.They are not responsible for the liabilities either. A LLC has greater tax freedom than other corporate structures.
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Explain the benefits and drawbacks of stock long-term and short-term investment strategies
A benefit of short term stock investment is that the risk of the investment is lower.
A drawback of a short term stock investment is that transaction cost would be higher.
A benefit of long term stock investment is that the returns on investment is higher
A drawback of a long term stock investment is that capital gains tax might be higher.
What are short terms and long term stock investments?A stock investment is when the shares of a company listed on the stock exchange is bought. People who buy shares are known as shareholders and are paid dividends on their stock investments.
A short term investment is an investment that is held for less than 3 years. A short term investment would be traded frequently. Thus, the transaction costs incurred from frequently trading might be too high.
A long term investment is an investment that matures in periods greater than 3 years. A long term investment would be held for a long term, thus, it would accumulate capital gains. If the stock investment is eventually sold, the capital gains tax might be very high.
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