The defendant seeks to offer into evidence the fact that the mayor was convicted two years ago of taking a bribe to award a city contract for solid waste disposal. Yes, this is a documentary evidence and is admissible because the mayor is already proven convicted of corruption.

6 0

2 years ago

Colby & Company bonds pay semi-annual interest of $50. They mature in 15 years and have a par value of $1,000. The market ra

ANEK [815]

Answer:

Price of bond = $ 1,172.92

Explanation:

The value of the bond is the present value (PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).

Value of Bond = PV of interest + PV of RV

The value of bond for Colby & Company can be worked out as follows:

Step 1

PV of interest payments

Semi annul interest payment = 50

Semi-annual yield = 8%/2 = 4% per six months

Total period to maturity (in months)

= (2 × 15) = 30 periods

PV of interest =

50 × (1- (1+0.04^(-30)/0.04)= 864.60

Step 2

PV of Redemption Value

= 1,000 × (1.04)^(-30) =308.318

Step 3:

Price of bond

= 864.60 + 308.318 = $1,172.92

Price of bond = $ 1,172.92

4 0

2 years ago

Ivanhoe company purchased machinery with a list price of $88000. They were given a 7% discount by the manufacturer. They paid $4

cestrela7 [59]

Answer:

A) $6194

Explanation:

Price before discount = $88,000

discount rate = 7%

Amount of discount = 7% *$88,000 = $6,160

Price after discount = Price before discount - Amount of discount

= $88,000 - $6,160

Price after discount = $81,840 (this is the price included in depreciation)

Items included in total cost of machinery;

Price of machinery after discount = $81,840

Shipping cost = $400

Sales tax = $4,700

Therefore, total cost is therefore = $81,840 + $400 + $4,700 = $86,940

Depreciation per year = (Total cost of the machinery - salvage value) / useful life

= (86,940 - 25,000)/ 10

= 61,940/10

= 6,194

Therefore annual depreciation = $6,194

8 0

2 years ago

Emily has recently learned that she needs to reduce the duration of her project to meet an imposed deadline. She has calculated

Brums [2.3K]

Answer:

D. Identify the critical path.

Explanation:

Emily has recently learned that she needs to reduce the duration of her project to meet an imposed deadline. She has calculated the crash cost per unit and knows the maximum units each activity can be reduced. The next step is to Identify the critical path.

3 0

2 years ago