Answer:
$7,986
Explanation:
To calculate the equivalent annual cost for 5 year period at an interest rate of 10% per year we need to go through some minor calculations first.
DATA
Cost in first year (A) = $10,000
Decrease in cost each year after the first year (G) = $560
Interest rate = 10%
Time period = 5 years
Solution
EAC = A - G (A/G, i, n)
EAC = $9,000 - $560(A/G, 10%, 5)
EAC = $9,000 - ($560 * 1.8101)
EAC = $9,000 - $1,013.656
EAC = $7,986
Answer:
600 shares
Explanation:
If a 3-for-2 stock split will take place, for every 2 stocks that an investor has, he will receive three stocks. So this specific investors who owns 400 stocks will receive:
(400 / 2) x 3 = 200 x 3 = 600 stocks.
After the 3-for-2 stock split, the company will have 50% more stocks outstanding and the price of each stock should be reduced by one third. So the investor shouldn't earn any profit from this split since the market value of the investment should remain about the same (stock prices change daily whether the split takes place or not).
<u>Answer:</u>
<em>Sold product liability suit against the maker, alleging a design defect, the court may consider an available alternative design
</em>
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<u>Explanation:</u>
At the core of the idea of faulty item configuration exemplified in the Restatement (Third) of Torts: Product Liability is the accessibility of a sensible elective plan that could have diminished or kept away from the danger of mischief. In any case, a product might be defective, regardless of whether no sensible elective plan exists, if it neglects to give possible directions or warnings of a predictable danger of damage. An ongoing choice of the Massachusetts Appeals Court represents the use of these standards.
Answer:
c. triple-bottom-line approach
Explanation:
The triple-bottom-line approach is a framework with 3 parts: financial, social, and environment. Performance evaluation is more than just financial, it also incorporates social and environmental impacts of the business.
Volcanic batterie's vision statement has represented these 3 bottom lines
Financial- VolcanicBatteries will conscientiously track its financial performance to ensure profits for its investors
Social- enhance its community through employment and supporting charities
Environmental- and dispose of waste in amanner that will not harm the environment
Answer and Explanation:
1.
A is semi annual coupon=43.75
B is par or face value=1000
C is semi annual required return=5.25%
2.
Reasonable because coupon rate is less than ytm
3.
=(8.75%*1000)/11.75%*(1-1/(1+11.75%/2)^6)+1000/(1+11.75%/2)^6=925.95
4.
Less than
5.
Discount
