P17-1. (Debt Securities) 2 Presented below is an amortization schedule related to Spangler Company’s 5-year‚ $100‚000 bond with a 7% interest rate and a 5% yield‚ purchased on December 31‚ 2012‚ for $108‚660. Date Cash Received Interest Revenue Bond Premium Amortization Carrying Amount of Bonds 12/31/12 $108‚660 12/31/13 $7‚000 $5‚433 $1‚567 107‚093 12/31/14 7‚000 5‚354 1‚646 105‚447 12/31/15 7‚000 5‚272 1‚728 103‚719 12/31/16 7‚000 5‚186 1‚814 101‚905 12/31/17
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Part 1 of 3 - 100.0/ 100.0 Points Question 1 of 16 10.0/ 10.0 Points Demand is price inelastic if: A.the price of the good responds slightly to a quantity change. B.the demand curve shifts very little when a demand shifter changes. Correct C.the percentage change in quantity demanded is relatively small in response to a relatively large percentage change in price. D.all of the above are true. Answer Key: C Question 2 of 16 10.0/ 10.0 Points If the absolute value of price elasticity
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Problems (pp. 210-211) 5-1 Bond Valuation with Annual Payments Jackson Corporation’s bonds have 12 years remaining to maturity. Interest is paid annually‚ the bonds have a $1‚000 par value‚ and the coupon interest rate is 8%. The bonds have a yield to maturity of 9%. What is the current market price of these bonds? P = F*r*[1 -(1+i)^-n]/i + C*(1+i)^-n‚ where F = par value C = maturity value r = coupon rate per coupon payment period i = effective interest rate per coupon payment period
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There are many ways that a company can motivate its employees. Consider the different types of pay and benefits described on pp. 420–423 of the text. What type of incentive do you think is most effective for creating a motivating work environment? Why? Creating a motivating work environment can be a difficult task. Employers need to consider the needs of employees and the average pay rates for the work required when determining salaries and benefits. To keep employees motivated‚ it is important
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Week 1 Assignment 1 A landline telephone (also known as land line‚ land-line‚ main line‚ homophone‚ landline‚ fixed-line‚ and wire line) refers to a phone that uses a solid medium line such as a copper wire or fiber optical wire for transmission The local loop (also referred to as a subscriber line) is a twisted pair cable or circuit (cable) that connects from the demarcation point (house/building) of the customer premises to the edge of the service provider maximum of 3 miles. A central office
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1. Question : The part of the body where emotions are primarily expressed is a person’s _____________‚ although other nonverbal channels such as vocal sounds‚ posture‚ and hand gestures can contribute information about the intensity of the emotion. Student Answer: Heart Clothes CORRECT Face Height Instructor Explanation: The answer can be found in Section 5.3 of Making Connections. Points Received: 1 of 1 Comments: Question 2. Question : ________________
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Identify an organization not previously selected and recommend methods to reduce costs. What effects do technologies have on costs? What are some lower-cost sources the organization can utilize to reduce costs? What considerations might cause a profit-maximizing firm to decide to forgo using lower-cost sources? A: A small candy factory can install within itself improved machinery that would make it possible for the company to make more items. A small candy factory would benefit from technology
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(e) Other assets. (f) Current liabilities. (g) Non-current liabilities. (h) Capital stock. (i) Additional paid-in capital. (j) Retained earnings. Indicate by letter where each of the following items would be classified. 1. Preferred stock. H 2. Goodwill. D 3. Salaries and wages payable. F 4. Accounts payable. F 5. Buildings. C 6. Equity investments (trading). A 7. Current portion of long-term debt. F 8. Premium on bonds payable. G 9. Allowance for doubtful accounts. A 10. Accounts
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summary of what I have learned in completing the two assigned projects. Project 1: (a) Solve: x2 – 2x – 13 = 0 using the 6 step method described on page 331 of Mathematics in Our World. 1.) “Move the constant term to the right side of the equation. x2 – 2x – 13 = 0 x2 – 2x = 13 2.) “Multiply each term in the equation by four times the coefficient of the x2 term.”: x2 – 2x = 13 4x2 – 8x = 52 3.) “Square the coefficient of the original x term and add it to both sides of the
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How does the selected organization use the different components of the marketing mix? How does the marketing mix affect the development of the selected organization’s marketing strategy and tactics? How can the selected organization use quantifiable elements to evaluate‚ monitor‚ and control marketing effectiveness? What is the metric for success? The organization I have chosen is Wrigley’s it is well known worldwide to everyone they have become one of the biggest organizations that produce chewing
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