Answer:
$3,266
Explanation:
First we must calculate the total amount received as bond premium:
$96,140 - $92,000 = $4,140
This should be amortized over 10 periods (= 5 years x 2 semiannual payments), so we must amortize $414 per period.
The coupon that the company pays = $92,000 x 8% x 1/2 = $3,680
So the interest to be recognized is = $3,680 - $414 = $3,266
Answer:
$43.75
Explanation:
Dividend discount model with zero growth assumes that the Company shall continue to pay the same amount of dividend in infinity. The formula for calculating price of such stock is
Price = Annual Dividend / Discount rate
Price = $3.5 / 8%
Price = $43.75 / per share
Answer:
sales and marketing.
Explanation:
The sales and marketing function is essential to ensure that the customer knows and has access to the company's products through an effective communication, distribution and customer service system.
There needs to be planning and research to identify who your potential consumer is, what are their needs and preferences, where they usually buy the product, how often, what their income, which media they access most, etc., so that there is the correct allocation of resources for advertising, product distribution and other variables, so that the product is available to the customer in the right place, in the right quantity, at the right time and quality.
Answer: overturned prohibitions on interstate banking and branching(D)
Explanation:
The Riegle-Neal Act of 1994 was signed into law by former United States of America president; President Bill Clinton in September 1994. The Riegle-Neal Act of 1994 removed many obstacles that were encountered by banks that want to have branches in other states.
The Riegle-Neal Act of 1994 also provided uniform set of rules for the banks in each state. It allowed interstate banking nationwide for the first time, by allowing well-managed, and well-capitalized banks to get banks in other states.
The answer for this question is mutual interdependence (role differentiation) and a common goal. Mutual interdependence works for distinct goals of every participant. In other words, common goals for the entire group (entire group works for goals that are acknowledged by all members, not all members functioning for different, personal goals, but doing it together.)