Answer:
<u>A mid-level manager will get $5251.2 salary.</u>
Explanation:
Control Point = 1544 + 4.72 x Hay Point
=1544 + 4.72 x 600
= $ 4376 which is the mid-point of salary range in the market.
120% compa ratio means the actual salary given out is (120/100) times the market mid-point
Hence,
Actual Salary = ( 120 / 100 ) x 4376
= $ 5251.2
Most likely when the U.S. dollar appreciates, the MNC's interest owed on foreign funds borrowed will probably increase.
MNC refers to Multinational corporation .
- The Multinational corporation are known to borrow from foreign bodies in dollars.
- Hence, when the dollar appreciates, the amount owed to the foreign bodies will increase consequently.
Therefore, the Option C is correct because the MNC's interest owed on foreign funds borrowed will probably increase when U.S. Dollars appreciates.
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Answer:
Cash debit 1,200
Note Receivable debit 2,800
Account Receivable credit 4,000
Explanation:
The accounting will reflect the receipt of cash and the note at their principal.
The interest of the note will ge accrued with the past of time. Currently no interest was earned, so we don't have to post anything related to the interest of the note.
We just write-off the account receivable of the customer and declare how we settle.
Answer:
B. Consolidation
Explanation:
Consolidation (or amalgamation), in a bussines context, is <em>when different companies combine to form a larger organization in order to improve their efficiency, long-term cost savings and a concentration of market share.</em>
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Answer:
The answer to the question is B I51,753 bonds
Explanation:
The present price of the bond and the total amount to be raised of $170m were used in arriving at the number of bonds to be issued.
n 20
Coupon 6.60%
YTM 7.7%*1000=77
FV 1000
PV ($1,120.25)
The current price of the bond $1,120.25
Total amount to be raised $170,000,000
Number of bonds to be issued=total amount /bond price 151,752 approx...151753
Find attached spreadsheet with formulas so as to be able to follow through.