Answer:D.$14,100 gain
Explanation:
The par value of a bond is $100 when it's issued below the price it's issued at a discount which is a loss to the firm and when it's issued above the par value, it's issued at a premium which is a gain.
The issue of $705,000 means 7050 numbers were issued and retiring it $102 means at a premium of $2 per bond and a total of N14,100 gain.
Answer:
The correct answer is B
Explanation:
Price elasticity of the demand evaluates the demand responsiveness after the change or variation in the product own price.
The formula for computing the coefficient of price elasticity, is the factors which affect the elasticity and also elasticity is vital for business when deciding the prices.
So, Filet mignon(F) sells for $20 per pound when compared to that of hamburger (H) which sells the product for $2.30 per pound. F have the higher price as compare to the H, therefore, the coefficient of the price elasticity of demand in absolute value will be high or larger for F than that of H.
They will likely find out the customer’s liking and groups
in which will serve best for their advantages of having to attract more
consumers and to sell their products more. They will likely target this goal
than to try appealing the market place because the customer will bring more advantages
to the company or in field of business and market.
Answer:
The only two jobs that deal with natural resources are:
- oil rig driller
- wind turbine engineer
Oil rig drillers work in the ocean completely surrounded by water, or maybe other oil rigs but they are never too close.
Wind turbine engineers work on open spaces, surrounded by very few things other than wind turbines. Wind turbines are HUGE and they are usually located on very isolated places.
Answer:
The break-even level of sales is equal to 3372.64 pounds.
Explanation:
The quantity of fish sold per month is 3,200 pounds.
The price of fish is $2.90/pound.
The variable cost per pound is $2.22.
The monthly required return is 1.2%.
Contribution per unit will be
=Selling Price-Variable Cost
=$2.9-$2.22
=$0.68 per unit
Loss on account of changing to net 30 policy
=Quantity*Selling Price*required return
=Quantity*$2.9*1.2%
To break even, excess Contribution should be equal to loss on policy change
or,
Here, we assume quantity to be X
(X-3200)*$0.68 = X*$2.9*1.2%
(X-3200)*19.54= X
18.54X=$62,528.74
X=
X=3372.64 pounds
