Discuss a "real-world" example and not a hypothetical one of a "normal good" that you use and how your demand for this product/service varies with your income. Also, provide a real-world example of a product or service that has a negative cross-price elasticity of demand with a product or service produced by your workplace. and please cite it.
Please note: A real-world example refers to an actual person, workplace, event, etc. Also note: If you use the words if or suppose in your real-world example, then it is unlikely to be a real-world example.
Answers
A real-world example of a normal good that one may use is gasoline. In this example, a normal good is one that has a positive income elasticity of demand. If the income of the person using the gasoline increases, their demand for gasoline would increase as well. This is due to the fact that people will purchase more gasoline when they have more disposable income. This is true for any commodity or service whose demand increases with the increase in income. However, as the income decreases, the demand for the commodity will also decrease, and people will start looking for cheaper alternatives. In the case of gasoline, if the price of gasoline increases, the demand for gasoline may decrease, as people will look for alternative forms of transportation or alternative fuel sources.
An example of a real-world product with negative cross-price elasticity of demand with a product or service produced by my workplace would be TESLA’s electric car, as its demand is not affected by the price change of gasoline products. Electric cars are a substitute for gasoline-run cars, and the increase in gasoline prices does not affect the demand for electric cars.
Therefore, when gasoline prices increase, the demand for electric cars remains the same or even increases. As a result, Tesla's electric cars have a negative cross-price elasticity of demand with gasoline-run cars, meaning that if the price of gasoline increases, there would be no significant change in demand for electric cars.
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Related Questions
The finance department of Global Couriers decides that half of the previous year's profits should be reinvested into the business. The marketing department, however, plans to extend the company's services to five more cities, which would require additional investment. The department heads hold a meeting at the end of the quarter to discuss the company's strategies; the meeting is, however, adjourned when they realize that their opinions clash. Information silo, in this case, has led to
Answers
Answer:
organizational inefficiency
Explanation:
The finance department of Global Couriers decides to invest half of the previous year's profits into the business. However, the marketing department needs investment to extend the company's services to more cities.
The department heads want to arrange a meeting to discuss the company's strategies. But they adjourned the meeting as they realize that their opinions clash.
This has lead to organizational inefficiency.
if a country had a trade surplus of $100 billion and then its exports rose by $40 billion and its imports rose by $30 billion, its net exports would now be
Answers
The net exports would now be $110 billion.
What are net exports?
A country's overall commerce is gauged by its net exports. The calculation of net exports is straightforward: Net exports are calculated as the total value of a country's exports less the total value of its imports of goods and services.
If a country's net exports are positive, it has a trade surplus; if they are negative, it has a trade deficit. Thus, a country's overall trade balance includes its net exports as part of it.
A nation with positive net exports earns more money from the sale of its commodities abroad than it does from all of its imports combined. The total amount of products and services that a nation exports to other countries includes all of its exports of goods, freight, travel, tourism, communication, and other services.
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an organization can move its ethical commitment to a global scale successfully by:
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An organization can move its ethical commitment to a global scale successfully by adopting a consistent code of conduct that reflects its values and principles, ensuring that all employees understand and adhere to it.
This code of conduct should address issues such as human rights, environmental protection, and fair labor practices. Additionally, the organization should implement regular training and education programs for employees, partners, and suppliers to promote ethical behavior and awareness. It is also essential to establish effective monitoring and reporting mechanisms to identify and address any ethical violations promptly.
Finally, the organization should engage in transparent communication with stakeholders and the public to build trust and demonstrate its commitment to ethical business practices. By taking these steps, an organization can move its ethical commitment to a global scale and uphold its reputation as a socially responsible corporate citizen.
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What is the interest earned in a savings account after 12 months on the balance of $1000 if the interest rate is 1% APY compounded yearly
Answers
The the interest earned in a savings account after 12 months on a balance of $1000, with a 1% APY compounded yearly, is $10.
How to calculate the interest earned in a savings accountUsing the formula for compound interest:
A = P(1 + r/n)^(n*t)
Given:
P = $1000
r = 0.01 (1% in decimal form)
n = 1 (compounded yearly)
t = 1 year
Substituting the values into the formula:
A = 1000(1 + 0.01/1)^(1*1)
A = 1000(1.01)^1
A = 1000(1.01)
A = 1010
The final amount after 12 months is $1010.
To find the interest earned, we subtract the initial balance from the final amount:
Interest earned = A - P
Interest earned = $1010 - $1000
Interest earned = $10
Therefore, the interest earned in a savings account after 12 months on a balance of $1000, with a 1% APY compounded yearly, is $10.
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QuestionA baseball team is deciding where to celebrate their tournament victory. They decide between two restaurants by voting, and the one with the most votes wins. This is an example of:
Answers
Answer:
majority rule
Explanation:
Based on the information in the article, which title would be most appropriate?
Answers
Answer:
Common evaluation criteria include: purpose and intended audience, authority and credibility, accuracy and reliability, currency and timeliness, and objectivity or bias.
Explanation:
Answer: second one
Explanation: your welcome
Assume that electricity production has been done by several regional firms in the U.S. each operating as a pure monopoly.
Explain and graphically illustrate how the electrical monopolist would determine its profit maximizing price and output level. (Label Pm and Qm)
Identify any area of consumer and/or producer surplus for the profit maximizing monopoly.
Identify the deadweight loss for the monopolist.
Now assume the federal government imposes a regulation on the monopoly. Draw a new monopoly graph for part 2.
Show and explain how the regulated electrical monopolist would determine its profit-maximizing price and output level. (Label Pr and Qr)
Identify any area of consumer surplus and/or producer surplus for the profit maximizing monopoly.
Now the federal government decides to deregulate the market for electricity nationwide. Draw a new monopoly graph for part 3.
Show and explain how deregulation will impact price and output in the now perfectly competitive market for electricity production. (Hint: You should use a monopoly graph to show where the perfectly competitor would set price and quantity.) (Label Ppc and Qpc)
Answers
Profit Maximizing Monopoly:
As a pure monopoly, the electrical firm has market power, which means it can set its own price and output level. The firm will aim to maximize its profits by producing the quantity of electricity where marginal revenue (MR) equals marginal cost (MC). The price that the firm charges will be determined by the demand curve, which is downward sloping. The profit-maximizing price (Pm) will be higher than the marginal cost (MC) of producing the electricity. The output level (Qm) will be lower than the socially efficient output level, which is where marginal cost equals marginal benefit (MB). This results in a deadweight loss to society, which represents the loss of consumer and producer surplus.
Regulated Monopoly:
If the government regulates the electrical monopoly, it may impose price controls or quantity restrictions that limit the firm's market power. The regulated firm will aim to maximize its profits subject to the regulatory constraints. The profit-maximizing price (Pr) and output level (Qr) will be lower than the unregulated monopoly, but higher than the socially efficient level. This results in a smaller deadweight loss, but still represents a loss to society.
Perfectly Competitive Market:
If the market is deregulated and becomes perfectly competitive, the electrical firms will be price takers, meaning they have no market power. The price will be determined by the intersection of the market demand and supply curves, and the output level will be where the marginal cost equals the market price. The price (Ppc) and output level (Qpc) will be lower than the regulated monopoly and closer to the socially efficient level. There will be no deadweight loss, and the consumer and producer surplus will be maximized.
Profit Maximizing Monopoly:
^
|
Pm | Demand
| Curve
|
|
|
|------------------- MC
| Qm
|
|
Regulated Monopoly:
^
|
Pr | Demand
Regulated Curve
| /
| /
| /
|-----------/--- MC
| Qr
|
Perfectly Competitive Market:
^
|
Ppc | Demand
| Curve
| /
| /
| /
|-----------/--- Supply
| Qpc
|
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
You sell friendship bracelets. You have an agreement with your best friend, Georgina, who is a great artist in photography, that she will photograph all her subjects wearing your friendship bracelets. You have agreed that you will get 25 percent of the proceeds from the sale of photographs and she will get 25 percent of the sale proceeds from your bracelets. You didn't register your partnership before, so your original rights are not protected.
False
True
Answers
Answer:
true
Explanation:
the existence of transfer programs implies that group of answer choices market failure has occurred. government failure has occurred. technical efficiency exists. allocative efficiency exists.
Answers
The existence of transfer programs implies that market failure has occurred, Transfer programs, such as welfare or unemployment benefits, are implemented by governments to help individuals or groups who are facing economic hardship.
These programs are put in place because the market has failed to provide sufficient support to these individuals. For example, if there are high levels of unemployment, the market may not be able to provide enough jobs for everyone, leading to the need for government intervention.
Transfer programs are usually implemented by governments to redistribute resources or income, often to address social and economic inequalities. Market failure occurs when the allocation of goods and services in a free market is inefficient, leading to an imbalance in supply and demand. Transfer programs aim to correct these market failures by promoting a more equitable distribution of resources and reducing negative externalities.
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Tommy agrees to buy a house for $84,500. He pays $2,000 as earnest money and obtains a new mortgage loan for $67,600. The purchase contract provides for a Mar. 15 settlement. Tommy and the sellers prorate the present year's real estate taxes of $1,880.96, which have been paid. The buyer is responsible for the day of closing. Tommy has additional closing costs of $1250. Using the "actual number of days" method, how much cash must Tommy bring to the settlement?
Answers
Answer: $17,654.97
Explanation:
In order to solve the question, the first thing to do is to count the number of days from March 15 to Dec. 31. In this case, we will have 292 days.
Then we get the daily rate which will be:
= $1,880.96/365
= $5.153.
Then, we multiply the daily rate of $5.153 by the number of days which will be:
= $5153 × 292 days
= $1,504.97.
Then, we calculate the down payment, which will be:
= $84,500 - $67,600
= $16,900
We then deduct the $2,000 that has already been paid. This will be:
= $16900 - $2000
= $14900
Adding together all the values then the total cash that Tommy must bring to the settlement will be:
= $14900 + $1,504.97 + $1,250
= $17,654.97
After maize, the most important crop in the U.S. mixed crop and livestock region is. A) wheat. B) soybeans. C) barley. D) fruits and vegetables.
Answers
The second most significant crop inside the U.S. mix agricultural and livestock region is soybeans, followed by maize.
What, after maize, is the most significant crop in the mixed-crop and livestock region of the US?Farms with both mixed livestock and crops enable farmers to spread their workload more equally throughout the year. Corn is the most widely cultivated plant of the United State because it produces better yields for area than other crops. The second-most significant crop in the US is soybeans.
What part of the country is famous for its livestock, fish, wheat, and potatoes?From fruits, berries, and wine grapes through potatoes, crop crops, wheat, and other agricultural products, the Northwest is among the top producers in the country seafood. Washington State is home to over 70% of the country's apple farms.
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Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
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Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
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Five+years+ago,+alicia+invested+$10,000+at+5%+interest.+how+much+less+money+would+she+have+today+if+she+had+invested+the+money+at+4%+instead+of+5%?+interest+is+compounded+annually.
Answers
Alicia would have $219.06 less money today if she had invested the money at 4% instead of 5%.
Investing $10,000 at 5% interest for five years means that Alicia would earn compound interest on her initial investment. After five years, the investment would have grown to a higher amount compared to investing at a lower interest rate of 4%. The difference in the final amounts can be calculated to determine how much less money Alicia would have if she had chosen the lower interest rate.
To calculate the difference, we can use the formula for compound interest: A = P(1 + r/n)^(nt), where A is the final amount, P is the principal (initial investment), r is the interest rate, n is the number of times interest is compounded per year, and t is the number of years.
At 5% interest, compounded annually, the formula becomes: A = 10,000(1 + 0.05/1)¹ˣ⁵ = $12,762.82.
At 4% interest, compounded annually, the formula becomes: A = 10,000(1 + 0.04/1)^(1*5) = $12,543.76.
The difference between these two amounts is $12,762.82 - $12,543.76 = $219.06.
Therefore, if Alicia had invested the money at 4% instead of 5%, she would have $219.06 less money today.
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A census is a regularly-occurring and official count of a particular population. Census data available at the united states census bureau website are an example of:__________
A. Public information Result Correct Comment Census data is a public source of data.
B. The summarized data presented are available to individuals via the web without requiring a password.
C. When an individual completes the census form, there is no expectation that the data will remain private.
D. Census data do not describe behaviors, but provide information about members of a given population.
Answers
An example of Census data available is when summarized data presented are available to individuals via the web without requiring a password.
Let understand that "Census" refers to the survey conducted by the government of which the main purpose is to collect information about the general population of the country.
A typical Census collects information about name. address. basic demographics, date of birth, country of birth, education qualification, employment information and so onCensus is a public information but information collected therein are not opened to the public, rather, a statistics is drawn out of it and can therefore be used by the public for any purpose.
In conclusion, statistics drawn from the census can be found on website and are free to access by anyone.
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Machine has three speed settings, low medium fast the low setting produces 110 units with a 90% quality rating the medium setting produces 120 units with an 80% quality rating in the fast setting produces 140 units with a 70% quality rating if each unit sells for $20 what shutting makes the company the most money in sales win percentage not meeting quality standards cannot be sold
Answers
The low setting makes the company the most money in sales, with a total revenue of $1980
To determine which setting makes the company the most money, we need to calculate the total revenue generated by each setting while taking into account the quality rating. For the low setting, the company produces 110 units with a 90% quality rating, which means that 10% of the units are not sellable. So, the total number of sellable units is 110 x 0.9 = 99 units. The revenue generated from selling these units is 99 x $20 = $1980. For the medium setting, the company produces 120 units with an 80% quality rating, which means that 20% of the units are not sellable. So, the total number of sellable units is 120 x 0.8 = 96 units. The revenue generated from selling these units is 96 x $20 = $1920.
For the fast setting, the company produces 140 units with a 70% quality rating, which means that 30% of the units are not sellable. So, the total number of sellable units is 140 x 0.7 = 98 units. The revenue generated from selling these units is 98 x $20 = $1960.
Therefore, the low setting makes the company the most money in sales, with a total revenue of $1980
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Teams have better communication than other workers because they get to
a. Know each other better
b. Attend commurication seminars
C. Earn extra benetits packages
d. Use better telephones
Answers
question content area variances from standard costs are included in reports to a.suppliers and creditors b.stockholders c.suppliers and creditors, stockholders, and management d.management
Answers
Reports to (D0 management reflect variations from conventional costs.
The variance is the discrepancy between the costs that were budgeted and those that were actually incurred. The causes of discrepancies between a period's actual expenses and the standard costs (budgeted costs) are determined using variance analysis. The management can comprehend how the negative variances can be completely removed or significantly decreased with the aid of the study.
The notion of variance analysis, which is related to the anticipated and actual cost behavior, is utilized in management accounting. It is an internal analysis carried out to comprehend cost behavior, assisting management in understanding current costs and assisting management in planning and controlling future costs.
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For the majority of millennials, the cost of paying off their student loans has wound up holding them back from living on their own, making major purchases like buying home and even being able to start a family…
Trade schools cost a fraction of what public and private schools cost. The average cost of vocational school comes out to around $33,000 – for the entire education. This the average cost of a single year of college.
–"The Financial Case for Trade School Over College," Mel Bondar, US News
According to the text, why is trade school more economical for some students? Select two that apply.
a). The cost of attending trade school is cheaper than the cost of a 4 year college.
b). Trade school graduates make more money than college graduates.
c). The cost of attending a 4 year college is offset by higher earnings in the long run.
d). Students who chose trade school over college often make better financial decisions.
e). Students who graduate from trade school have less debt than college graduates.
Answers
Answer:
A) The cost of attending trade school is cheaper than the cost of a 4 year college.
E). Students who graduate from trade school have less debt than college graduates.
Explanation: I just took the test on a virtual course and got it right. Hope this helps :)
Trade school more affordable for some students cost, according to the text A trade school is less expensive to attend than a four-year university. Thus option (a, e) is correct.
What is the cost?A cost is the amount of money that has been spent to produce something or provide a service and is thus no longer accessible for use. In business, the cost could be one of acquisition, in which case the money spent to obtain it is recognized as cost. In this situation, money is the input that is used to purchase the item.
If you set a goal of 5 jars of mayonnaise and only have 2 on hand, you know you need to order 3 more. Private expenses are the costs borne by the buyer of a commodity or service. This is also known as the costs associated with the firm's production function. External costs (also known as externalities) are the costs borne by people other than the buyer.
Therefore, Thus option (a, e) is correct.
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1. Suppose that a dye factory is located next to a river. The marginal private cost of producing dye is given by:
MPC=10+0.5D,
where D is the quantity of dye produced. In addition to the marginal private cost, an external cost is incurred. Every unit of dye produced produces pollutant flows into the river which cause damage valued at $10. The marginal benefit to society of each unit of dye produced is given by:
MB=30−0.5D.
a. Draw a diagram illustrating the marginal private cost, marginal benefit, marginal external cost, and marginal social cost functions.
b. Find the output of dye which would obtain in the market equilibrium and calculate the corresponding consumer and producer surplus (assuming that consumers and producers are not themselves affected by the polluted river), as well as any deadweight loss. What are the social net benefits? (Hint: Recall that Social Net Benefit = Total Social Benefit - .Total Social Cost)
c. Find the socially optimal dye output and calculate the corresponding consumer and producer surplus (assuming that for each unit of dye they produce, firms are taxed $10 ). What are the social net benefits?
d. Compare your answers from parts (b) and (c). Explain why the socially efficient output of dye is lower than the level produced in the market equilibrium.
e. How large would marginal external cost have to be in order for it to be socially desirable that no dye is produced?
f. Now suppose that the $10 per unit damage will be incurred two years from now, rather than today. If the discount rate is r= sqrt(2) −1, find the socially optimal dye output. How does your answer compare to that from part (c)? Explain.
Answers
(a) The following graph represents the marginal private cost, marginal benefit, marginal external cost, and marginal social cost functions.
(b) In market equilibrium, MPB=MSC.
MPB = 30-0.5
D = MSC = MPC + MEC,
MSC = 10 + 0.5D + 10, 30-0.5
D = 20 + 0.5D.
Solving for D,
D = 20 units.
CS = (30-20)×20/2 = 100,
PS = (20-10)×20/2 = 100,
and social net benefits = 20×(30-20) - (10+5)×20 = $ 200
.(c) The socially optimal dye output would be where
MSC=MPB+MEC.MPB
= 30-0.5
D = MSC = 10 + 0.5D + 10 + 10, 30-0.5
D = 30 + 0.5D.
Solving for D, D = 20 units.
CS = (30-20)×20/2 = 100,
PS = (20-10)×20/2 = 100, and social net benefits = 20×(30-20) - (10+5)×20 = $ 200.
(d) The socially efficient output of dye is lower than the level produced in the market equilibrium because in the absence of external costs, the market price reflects only the marginal private cost of production, but not the marginal external cost of pollution. Therefore, the market equilibrium will result in an output level that is too high from the standpoint of society as a whole. In contrast, the socially optimal output level considers the full social costs of production, including the external costs of pollution, and would therefore be lower than the market equilibrium output level
(e) If marginal external cost were $20, then it would be socially desirable that no dye is produced. This is because at an output level of zero, the marginal social cost of production would be zero, which would be equal to the marginal social benefit of production. At any positive output level, the marginal social cost would exceed the marginal social benefit, resulting in a net social loss.
(f) The socially optimal dye output can be found by equating the present value of marginal social cost (PV of MSC) with the present value of marginal benefit (PV of MB).
The present value of marginal social cost can be calculated as follows:
PV of MSC = 10 + 0.5D/(1+r) + 10/(1+r)²
PV of MSC = 10 + 0.5×20/1.414 + 10/2
PV of MSC = 16.42
Similarly, the present value of marginal benefit can be calculated as follows:
PV of MB = 30-0.5D/(1+r) + 30-0.5D/(1+r)²
PV of MB = 30-0.5×20/1.414 + 30-0.5×20/2
PV of MB = 31.41
Therefore, the socially optimal dye output is 20 units. This result is the same as in part (c), which assumes that the external costs are incurred immediately, rather than in the future. This is because the discount rate is equal to the growth rate in the economy, so the present value of future costs and benefits is the same as their nominal value.
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A college-educated woman waits until age 32 before she has her first child because she wanted to establish her own business first. based on our studies of fertility rates, this woman is most likely a citizen of __________. a. a highly developed nation with an aging population b. an underdeveloped nation with a young population c. a nation with a high total fertility rate d. a nation where most citizens practice subsistence agriculture please select the best answer from the choices provided. a b c d
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The commute times for the workers in a city are normally distributed with an unknown population mean and standard deviation. If a random sample of 27 workers is taken and results in a sample mean of 22 minutes and sample deviation of 3 minutes, find a 95% confidence interval estimate for the population mean using the student's t-distribution.
Answers
If the commute items for the workers in a city are normally distributed with an unknown population mean and standard deviation. Using the student's t distribution 95% confidence interval for the sample mean is 20.8129 and 23.1870
To calculate a 95% confidence interval.
Given Data
size n = 27 , sample mean = 22 , standard deviation = 3.
Here the 95% CI is given as,
× ± t*s/\(\sqrt{n}\)
t{(n-1),\\(\alpha\)}=t_{(27-1),0.05} = 2.056
(22± 2.056*3/\sqrt{27})
(22- 2.056*3/√27, 22+ 2.056*3/\sqrt{27})
( 22 - 1.1870 , 22 + 1.1870)
( 20.8129 , 23.187)
Thus , 95% confidence interval for sample mean is ( 20.8129 , 23.1870).
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Use this formula to help solve the problem.
• gross income = total of all incomes added together
Given the following information, what does the gross income for the month equal?
Cash = $700, Checks = $200, Credit Card Charges = $400
a. $700
b. $1100
c. $1300
d. $400
Answers
Answer:
C.$1300.................:)
Answer:
1,300
Explanation:
just added the numbers
Property rights are important to a free enterprise system because they:
A. Allow businesses to freely take ideas from competing companies.
B. Protect businesses' freedom to buy and sell products.
C. Encourage businesses to keep prices as low as possible
D. Place regulations on businesses that make dangerous products.
Answers
Protect businesses' freedom to buy and sell products
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Should the job evaluation depend on an appraisal of the jobholder's performance? Why? Why not?
Answers
No, the Job evaluation should not base on the appraisal of the jobholder's performance.
Job evaluation helps to determine the value of a job in comparison to other jobs in an organization.
The job appraisal have to do with evaluation of the performance of a certain employee occupying a certain job position.
So, the Job evaluation should not base on the appraisal of the jobholder's performance because the performance of different employee in certain position can changes.
Therefore, the Job evaluation should not base on the appraisal of the jobholder's performance.
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A $7,000 bond that carries a 3.50% coupon rate payable semi-annually is purchased 7 years before maturity when the yield rate was 5.00% compounded semi-annually.
a. Calculate the purchase price of the bond.
$
Round to the nearest cent
b. What is the amount of discount or premium on the bond?
Round to the nearest cent
Answers
the purchase price of the bond is $6,514.81
the principal of the bond = $7,000
Coupon rate = 3.50% Compounded semi-annually
Yield rate = 5.00% Compounded semi-annually
The formula for the bond pricing is P=C[1−1/(1+r)^n]/r+Fn/(1+r)^n Where, P is the price of the bond, C is the coupon rate, F is the face value of the bond, n is the number of periods, r is the periodic interest rate of the bond
To calculate the purchase price of the bond, we need to calculate all the above values. Here,F = $7,000r = 5%/2 = 2.50% (Semi-annual yield rate)n = 7 × 2 = 14 (Semi-annual period)C = 3.50%/2 = 1.75% (Semi-annual coupon rate) Now, Substitute the values in the formula,
P=C[1−1/(1+r)^n]/r+Fn/(1+r)^n=1.75%×7000[1−1/(1+2.50%)^14]/2.50%+7000/(1+2.50%)^14
P = $6,514.81 (Approx)
Hence, the purchase price of the bond is $6,514.81. Now, we need to calculate the amount of discount or premium on the bond. It can be calculated as follows: Amount of discount or premium on bond = Face value of the bond - Purchase price of the bond
Face value of the bond = $7,000
Amount of discount or premium on bond = $7,000 - $6,514.81
Amount of discount or premium on bond = $485.19. Hence, the amount of discount or premium on the bond is $485.19.
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what tasks are commonly performed by Farmworkers instead of by machines? Check all that apply.
Answers
Answer:
The answer is operating tractors and machinery, maintaining vehicles and equipment, operating irrigation equipment, and harvesting fruits and vegetables by hand
Explanation:
On the next workday, the hr manager receives a letter from the attorney of a different employee that charges the same vp and the organization with unlawful harassment. which is the best first course of action the vp of hr should take
Answers
The best first course of action the VP of HR should take is to thoroughly investigate the allegations of unlawful harassment made by the employee and consult with legal counsel to ensure proper handling of the situation.
When a complaint of unlawful harassment is received, it is crucial to take it seriously and conduct a prompt and thorough investigation. This involves gathering relevant information, interviewing involved parties, and reviewing any supporting evidence. It is essential to maintain confidentiality throughout the process and ensure a fair and unbiased investigation. Additionally, consulting with legal counsel is important to understand the legal implications, assess potential risks, and determine appropriate actions to be taken.
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Business
12 questions please help!!
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Answer:
Fill in the blanks
Explanation:
Answer: 1. Unsecured loans 2. Business credit card 3. Unsecured loan 4. Small Business Investment Companies 5. Reserve Fund 6. Routine 7. Operating costs 8. Secured loan 9. Commercial Debt Financing 10. Small Business Administration 11. Sound 12. Venture Capital Firm
Explanation:
Hester (age 17) is claimed as a dependent by his parents, charlton and abigail. In 2017, hester received $10,000 of qualified dividends and he received $6,200 from a part time job. What is his taxable income for 2017?
Answers
The taxable income for 2022, given the amount that Hester received from his part time job, and qualified dividends, would be $3700.
Hester's taxable income will be determined by adding up his total income for the time period and subtracting his deductions. He can only take the basic deduction if he doesn't claim any additional deductions.
Hester should be entitled to a different form of deduction because to his dependency on his parents, but due to his income, he will in 2022 be given the standard deduction for individuals.
= Qualified dividends + Income from part time job - Standard deduction
= 10, 000 + 6200 - 12,500
= $ 3700
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