In October 2014 you purchase 100 euros of bonds in France that pay a 4.25% coupon every year. If the bond matures in 2018 and the YTM is 0.15%, what is the value of the bond?

Answer:

The correct answer is letter "B": Using sensory details to help people connect to a cause.

Explanation:

Sensory details are used in writing to attract readers' attention. Those details involve the use of the senses: sight, sound, touch, smell, and taste. Sensory details help information, whether written or spoken, to push the audience to interact with what us being prompted.  

In case the objective of using sensory details for a fund-raising message, the writer, for instance, could talk about the need of collecting monetary resources to clean the river that crosses the bridge that connects the suburbs with the city because of its unpleasant bad smelling. The next time the reader goes through the bridge, the individual will likely pay attention to the smelling of the bridge to confirm what the author said, which will possibly lead him or her to contribute with the cleaning cause.

Answer:

normal credit balance

Explanation:

The accumulated depreciation is the sum of all the depreciation that has been allotted to an asset over the period of use. Depreciation is the systematic allocation of expense to an asset.

To account for it,

Debit depreciation

Credit Accumulated depreciation.

As such, accumulated depreciation which is netted off the cost of an asset to get the asset's net book value is a normal credit balance.

Answer:

The correct answer is letter "A": cost pool.

Explanation:

Activity-Based Costing or ABC is a managerial accounting method used to assign some indirect costs to the products which incur the bulk of those costs. By doing so, it is assumed that all those costs in the cost pool can be bundled because they are relevant for production. In the manufacturing sector, ABC is mainly used to help measure the true cost of production per unit.

Answer:

Remain constant and is directly proportional to demand which gives a straight line graph.

Explanation:

The Production Possibilities Frontier (PPF) is a graph that shows all the different combinations of output of two goods that can be produced using available resources and technology. The PPF captures the concepts of scarcity, choice, and tradeoffs.

For PPF to capture choice it hows the people of germany purchase more trucks than smart phones.For that reason the truck market have a certain stability in its demand and supply.

Answer:

b.$277,491

Explanation:

The computation of the future value is shown below:

Annual payments Discount factor    Future value

$60,000                  1.174241375        $70,454.4825

$70,000                  1.113025                $77,911.75

$75,000                  1.055                 $79,125

$50,000                  1                         $50,000

Total Future value                   $277,491.2325

The discount factor is

= (1 + 0.55)^3 +  (1 + 0.55)^2 +  (1 + 0.55)^1 +  (1 + 0.55)^0

Answer:

Policy impact will be positive

Explanation:

When investors pull out their funds from Asian, it will amount to scarcity of funds for developmental purposes. The contrary is the case when such funds are plunged into the US market. Its impact to the economy include:

1. Create more opportunity for development

2. Reduces the interest rate of lending in the society

3. Exchange rate value will decrease just because more of these funds will be used for business transactions

4. The prices of goods will be adjusted to balance the different caused by inflation

Answer:

The service revenue for the year under accrual basis is $3270.

Explanation:

The Seashore Home currently uses the cash basis system to record sales which require Seashore to record only the sales that have been paid for. The other method to record transactions is using the accrual basis. The accrual basis requires an entity to record revenues and expenses in the period in which they occured and are relevant to. Thus under accrual basis, sales made in a year, whether cash or credit, will be recorded as sales for that year.

Following accrual basis, the Service revenue for Seashore will be:

Service revenue = 1460 + 1810 = $3270

Answer:

The monthly payments are calculated below.

Explanation:

Total monthly instalments= 15,000-3,750

=11,250

Amount payable at 24% annual financing;

A=P (1+r/100)n

=11,250(1+24/100)30/12

=$642

FV=PV (1+r)n

i) FV=12,000*(1.08)16

= $41,111

ii) FV =16,000*(1.05)15

= $33,263

iii) FV =29,000*(1.11)12

= $101,455

iv) FV =49,000*(1.04)7

= $64,481

Final answer:

Don James needs to calculate the monthly payment of his automobile loan with a 24% annual interest rate using the present value annuity formula, accounting for his down payment and financing terms.

Explanation:

Don James needs to calculate the monthly payment for his new automobile loan. With a purchase price of $15,000, a down payment of $3,750, and the remaining balance to be financed at a 24% annual interest rate, we can use the formula for the present value of an annuity to find the required monthly payment. Although detailed information from the provided factor tables is necessary to complete this calculation, the general form of the present value annuity formula can still be demonstrated. Typically, the present value (PV) of an annuity formula is used, and the payment (PMT) could be found as:

PV = PMT * [1 - (1 + i)^-n]/i, where i represents the monthly interest rate and n is the total number of payments.

In the context of a financing calculation, one can calculate the monthly payment using a financial calculator or spreadsheets, substituting the numbers into the formula with i equal to the monthly interest rate (annual rate/12) and n equal to the number of months for the loan period.

Answer:

The correct answer is B

Explanation:

The contingency is the plan, which is course of action for the business that would take if an unexpected situation occur. So, the contingency plan is the plan or method which ensures that the business is prepared for what may come.

Accrual for contingency, it is the information which is available previously to issuance of the financial statements that indicates the assets has been impaired and the loss amount could be reasonably estimated.

The one which is most likely need the accrual is the customer premium offers as it is the technique of sales promotion where the customers are provided two or more products and they pay the price lower of the combined products.

Answer:

The monthly operating advantage of purchasing internally is $20

Explanation:

Judging from an opportunity perspective,the company pays $50 when he purchases externally and as a result saves $30,in essence the company incurs $20($50-$30) more when it purchases externally.

No doubt that if the situation reverses itself, the company gains $20 if produces and sells internally as against purchasing from external party.

From the foregoing,it is obvious that the monthly operating advantage of purchasing goods internally is a  cash saving of $20 per item

Hence, buying internally is more desirable and preferred option

The detailed answer provides the specific journal entries that Gless and Century would make for the issuance of bonds, semi-annual interest payment, and conversion of bonds into common stock.

The following are the responses to your requirements:

https://brainly.com/question/31782926

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here are the journal entries for the given transactions:

1. **Issuance of Convertible Bonds by Gless and Purchase of Bond Investment by Century:**

  Gless Textiles:

  ```

  Dr Cash                                             $28,280,000   ($28 million * 101%)

     Cr Bonds Payable                                      $28,000,000

     Cr Premium on Bonds Payable                   $280,000   (difference between cash received and face value)

  ```

  Century Services (20% of $28 million):

  ```

 Dr Investment in Bonds                $5,656,000   (20% * $28 million * 101%)

     Cr Cash                                                           $5,656,000

  ```

2. **Interest Payment on June 30, 2025:**

  Gless Textiles:

  ```

Dr Interest Expense                            $980,000   ($28 million * 7% * 6/12)

     Cr Cash                                                           $980,000

  ```

  Century Services (20% of interest received):

  ```

  Dr Cash                                             $196,000   (20% * $980,000)

  Cr Interest Revenue                                 $196,000

  ```

3. **Conversion of Bonds on July 1, 2026:**

  First, calculate the book value of the bonds to determine the entry:

  Book Value per Bond = (Face Value + Premium) / Number of Bonds = ($1,000 + $280) / 1 = $1,280 per bond

  Century Services:

  ```

Dr Bonds Payable                                    $1,120,000   (20% * 40 * $1,280)

  Cr Common Stock                                    $800,000   (20% * 40 * $33)

  Cr Paid-In Capital in Excess of Par      $320,000   (difference between book value and amount credited to common stock)

  ```

  Gless Textiles (eliminating the bonds):

  ```

  Dr Bonds Payable                                      $28,000,000

 Cr Common Stock                                    $20,000,000   (40 * $500,000)

Cr Paid-In Capital in Excess of Par      $8,000,000   (difference between book value and amount credited to common stock)

  ```

These journal entries reflect the issuance of the bonds, interest payment, and conversion of bonds for Gless Textiles and Century Services as per the given information.

Answer:

Exchange rate is €1.272 per £

Explanation:

Exchange rate is defined as the amount of one currency that can be changed for another currency. This is a very important consideration in international trade where strength of a countrie's currency determines how much of the other currency will be bought.

We are given that $1.5509= £1

So $1 will be (1*1)/1.5509= £0.6448

Also $1.2194= €1

So $1 is (1*1)/1.2194= €0.82

Therefore

€0.82= £0.6448

x= £1

Cross-multiply

x= 0.82/0.6448

x= €1.272 per £

Final answer:

The euro/pound exchange rate can be determined by converting the given exchange rates from USD to euro and pound. The euro/pound rate is €0.7879/£.

Explanation:

The euro/pound exchange rate can be calculated using the given exchange rate information.

To find the euro/pound rate, we need to convert both the USD/euro and USD/pound rates to euro/pound. Given USD/pound = $1.5509/£ and USD/euro = $1.2194/€, the euro/pound rate is calculated as $1.2194/€ ÷ $1.5509/£ = €0.7879/£.

Using the financial calculator method, Gary's monthly loan payment is $444.24. Using the add-on method, Gary's monthly loan payment is $466.67.

In order to calculate Gary's monthly loan payment using the financial calculator method, we need to use the formula:

Monthly payment = P * r * (1+r)^n / [(1+r)^n - 1]

Where:

So, for Gary's loan:

P = $5,000

r = 12% / 12 = 1%

n = 1 year * 12 months = 12

Plugging these values into the formula gives us:

Monthly payment = $5,000 * 0.01 * (1+0.01)^12 / [(1+0.01)^12 - 1]

Simplifying this expression gives us:

Monthly payment = $5,000 * 0.01 * (1.01^12) / [(1.01^12) - 1]

Calculating this expression gives us:

Monthly payment = $444.24

Therefore, using the financial calculator method, Gary's monthly loan payment is $444.24.

Using the add-on method, we need to calculate the total amount paid over the year and then divide it by 12 to get the monthly payment. The total amount paid over the year would be the principal amount plus the interest, which is:

Total amount paid = principal amount + (principal amount * APR)

For Gary's loan:

Total amount paid = $5,000 + ($5,000 * 0.12)

Simplifying this expression gives us:

Total amount paid = $5,000 + $600 = $5,600

Dividing this total amount by 12 gives us the monthly payment:

Monthly payment = $5,600 / 12 = $466.67

Therefore, using the add-on method, Gary's monthly loan payment is $466.67.

Answer: 14.2

Explanation:

CAPM 0.142 or 0.06 x (0.11-0.05)

Answer:

The stock has an expected return of 14.2%.

Explanation:

Capital Asset Pricing Model (CAPM) is what describes the relationship between the expected return and risk of investing in a security. It shows that the expected return on a security is equal to the risk-free return plus a risk premium, which is based on the beta of that security (Corporate Finance Institute, 2015). It is calculated as follows:

Expected Return = Risk free rate + [Beta * (Market rate – risk free rate)]

Re = Rf + [Beta * (Rm - Rf)]

For Oasis, the required rate of return is  

Re = 0.06 + [1.64* (0.11 – 0.06)]

    = 0.142

    = 14.2%

The expected rate of 14.2% is higher than the market rate of 11% and higher than the risk free rate of 6%. The recommendation to buy is supported since it brings the higher return compared to a risk-free investment and the higher than the market rate.  

The stock is undervalued, therefore buy.

Answer:

b. Transnational strategy

Explanation:

According to a different source, these are the options that come with this question:

a. International strategy

b. Transnational strategy

c. Localization strategy

d. Globalization standardization strategy

A transnational strategy would be one that is placed somewhere between a domestic and a global strategy. In these cases, companies still strive for efficiency and uniformity, but they are also responsive to local tastes, and are willing to change accordingly. In this example, this firm wants to have a global strategy that is suitable to different geographic markets with specific products. Therefore, the transnational strategy is the best one for it to adopt.

Answer: b.

damages should be measured by the difference between the contract price and the market price of the goods at the port of shipment

Explanation: Because the contract has already been initiated and was defaulted by the seller. The Judge would ask him to pay for damages. And this will be measured by subtracting the contract price of the goods from the market price. I.e the price the goods would gave been sold and the price the seller accepted to sell to the buyer according to the contract they signed.

Answer:

1.No,the Auditors should not be held liable for failing to discover the fraud.

2.The red flags in ZZZZ Best case are Account receivables,Current liabilities and Notes payables.

Explanation:

1. The auditors responsibility is to state if the financial statement prepared shows a true and fair view,and to vet compliance to statutory guidelines.They may detect fraud in the course of their audit,they can recommend but are not responsible to put control measures in place to prevent such. The management are responsible for the preparation of the financial statement and safeguarding of asset, consequently, liable for the content therein.

2. The sales were made on cash basis before the period in question,a major change in policy as such should have been well measured

Answer:C

Explanation:

Discretionary fiscal policy is less effective than is implied by the early Keynesian view

Most macroeconomists widely agree that discretionary fiscal policy is less effective than implied by the early Keynesian view. The correct answer is option c. Discretionary fiscal policy is less effective than is implied by the early Keynesian view.

Most macroeconomists widely agree on this issue because empirical evidence has shown that discretionary fiscal policy, while capable of influencing aggregate demand in theory, faces challenges in practice. Factors such as lags in implementation, uncertainty about the effectiveness of specific policies, and political constraints often limit the ability of policymakers to timely and accurately implement fiscal measures.

Additionally, changes in government spending and taxation can have unintended consequences, such as inflationary pressures or inefficient resource allocation, which may offset the intended stabilization effects.

Therefore, despite the theoretical potential of fiscal policy to stabilize the economy, its practical limitations lead most macroeconomists to agree that discretionary fiscal policy is less effective than initially suggested by the early Keynesian view.

Answer:

Cash 49,500 debit

Common Stock 31,000 credit

Additional paid.in 18,500 credit

--to record issuance of shares--

legal fees expense 49,500 debit

Common Stock 31,000 credit

Additional paid.in 18,500 credit

--to record issuance of shares for services--

land 49,500 debit

Common Stock 31,000 credit

Additional paid.in 18,500 credit

--to record issuance of shares for land --

Cash 49,500 debit

Common Stock 49,500 credit

--to record issuance of no-par stock--

Explanation:

We will compare the amount collected from the shares issued against the face value to get the amount of additional paid-in:

3,100 shares x $10 = 31,000

we collect $ 49,500

additional paid-in 18,500

When there is a no-par value we post the entire amount against common stock.

Answer:

9,400 units

Explanation:

The breakeven point is the number of units that must be sold for the company to make neither a loss nor a profit. A target profit is the net of the sales less the sum of the fixed and variable expenses. The contribution margin  is the difference between the sales and variable cost.

Sales per unit = $210,000/7000 = $30

Variable cost per unit = $136,500/7000 = $19.50

Let the number of units to be sold to achieve the profit target be x

30x - 19.5x - 67200 = 31500

10.5x = 98700

x = 98700/10.5

x = 9,400 units

Bob inspires his employees to follow a vision, facilitates change, and creates a strongly positive climate, all while stressing performance. Bob has helped to create a(n) caring/civilized culture.

Explanation:

Answer:

the production function q exhibits decreasing returns to scale

Explanation:

to see if the function exhibits decreasing , increasing or constant returns of scale , let increase the input of the function

q=100L−20/k

then for N times units of Labor L and Capital K

qn =100(N*L)−20/(N*k) = N*[100*L - 20/(N²*K)]

since 20/(N²*K) < 20/K for N>1

qn =100(N*L)−20/(N*k) = N*[100*L - 20/(N²*K)]  <  N*[100*L - 20/(K)] = N*q (constant returns of scale )

thus qn < constant returns of scale

therefore q exhibits decreasing returns to scale

Answer:

Sales Revenue                                                       549,500

Less Cost of goods sold                                       (325,600)

Gross Profit                                                               221,900

Less Expenses

Salaries and wages expense               (120,500)                                        

Other operating expenses                     (11,970)      

Income tax expense                               (29,130)    (161600)

Net Income                                                                 60300

Explanation:

A single-step income statement

Does not give distinction to Operating Incomes and expenses and Non-operating Income and expenses. All expenses are deducted in the same category.

Unrealized gain on value of patents

Patents are Intangible Assets. The gain in Patents Is Adjasted  in Income statement subject to previous revaluations if Fair Value Model was elected by Ivnhoe Co for its subsequent measurement of Intangible assets

Increase in value of company reputation

Company Reputation is a special  Intangible Asset called Goodwill. The gain in Goodwill. Goodwill is Internally generated. Not Recognised in Ivanhoe Co unless if it is purchased.

Answer: Exchange rate forecasting is important because exchange rate influence all aspects of business.

Explanation:

Exchange rate forecast is a method that is used to predict exchange rates by collecting all the relevant factors that may affect a currency.  Exchange rate forecasting is vital because exchange rates influence all aspects of business.

The exchange rate plays a vital role for firms that import raw materials and export goods. A depreciation i.e a devaluation of the currency will make exports cheaper and therefore exporting firms will benefit. Every firm is interconnected in one way or the other, therefore exchange rate is vital.

Answer: D. Every point along the contract curve appears on the utility possibilities frontier showing the levels of utility for consumers.

Explanation:In Business analysis, the production possibility frontiers illustrates and shows the varying level of production that can be produced of two products if both depend on the same amount resource for their production.

Production possibility frontiers is vital as it helps an economy to know how efficient it is at producing products of which it has the best potential to produce and trades with other nations for the other needs of the nation.

Every point along the contract curve appears on the utility possibilities frontier showing the levels of utility for consumers.

Answer:

D. balance​ sheet: assets​ understated, equity understated income​ statement: revenues understated

Explanation:

The adjusting entry is as follows:

Account receivable A/c Dr XXXXX

       To Service revenue A/c XXXXX

(Being the service performed is recorded)      

Since this above journal entry is not recorded that reflect the assets understated on the income statement due to which the equity, as well as the revenues, are also understated in the balance sheet and the income statement respectively

The second manager makes better decision amongst the two managers

Explanation:

Inventory refers to that part of the final goods or the products that have remained unsold for the current period. Generally, Inventory is associated with liability in the long term since they are associated with storage surcharges and obsolescence threats.

Amongst the two managers, the second manager is more capable of making a better decision since his decisions led to just 20% of the net produced goods to turn inventory which remains advantageous for the company. Whereas for the first manager, 80% of the items remain as inventory. Hence more risk and greater storage surcharges for the firm

Answer:

42.45 years

Explanation:

Discounting is the means by which the today's value of an amount in the future is computed. Compounding is the process by which the future value of  a present amount is determined. In other words, the present value of $1 tomorrow is determined by discounting while the future value of $1 tomorrow is determined by compounding.

Where

Fv = Pv(1 + r)^n

Fv is the future value

Pv is the present value

r is rate

n is time

215000 = 36000(1 + 0.043)^n

215/36 = 1.043^n

Taking the log of both sides

log (215/36) = log 1.043^n

n = log (215/36) / log 1.043

n = 42.45 years

It will take 42.45 years to have enough to buy the car

Answer:

Difference=$1,800

This shows if Coleman buys, the net income will decrease by $1,800. So Coleman should make components.

Explanation:

Given Data:

Direct material=$7

Variable manufacturing overhead=$6

Direct labor=$4

Fixed manufacturing overhead=$5

Required:

Should Coleman make or buy the component?

Solution:

Total Variable cost=Direct material+Variable manufacturing overhead+Direct labor

Total Variable cost=$7+$6+$4

Total Variable cost=$17

Cost From making=Units*Total Variable cost

Cost From making=1800*$17

Cost From making=$30,600

Supplier Price=$18

Cost From Buying=1800*$18

Cost From Buying=$32,400

Difference=Cost From Buying-Cost From making

Difference=$32,400-$30,600

Difference=$1,800

This shows if Coleman buys, the net income will decrease by $1,800. So Coleman should make components.

Answer:

probability that exactly one of Alice and Bob  will be among the winners is 0.5714

Explanation:

The question is to determine the probability that oneof Alice and Bob will be among the winners

It is also important to note that Alice and Bob cannot win at the same time

Therefore,

Probability of Alice and Bob split up = 6/7

Based on this probability, we make the case as follows

First case: Alice wins and Bob loses

Probability of Alice win = 1/2

Probability of Bob lose =                    1

Probability of Alice winning and Bob losing = 1/2 x 1/2 =1/4

Second Case: Bob wins and Alice loses

Probability of Bob win = 1/2

Probability of Alice lose =                    1

Probability of Bob winning and Alice losing = 1/2 x 1/2 =1/4

Third Case

The Probability that Alice and Bob play each other = 1/7

Based on all the estalished Cases

The required probability that exactly one of Alice and Bob  will be among the winners is

(6/7 x 1/4) + (6/7 x1/4) + 1/7

= (2 x 6/7 x 1/4) + 1/7

= 6/14 + 1/7

= 3/7 +1/7

= 4/7 = 0.5714