Answer:
8.63%
Explanation:
The expected rate of return on the bond can be determined using a financial calculator bearing in mind that the calculator would be set to its end date before making the following inputs:
N=17(number of annual coupons in 17 years)
PMT=100(annual coupon=face value*coupon rate=$1000*10%=$100)
PV=-1120(the current price is $1,120)
FV=1000(the face value of the bon is $1000)
CPT
I/Y=8.63%
EXCEL APPROACH:
=rate(nper,pmt,-pv,fv)
nper=N=17
=rate(17,100,-1120,1000)
rate=8.63%
Answer:
C. Greater than $6 but not greater than $9
Explanation:
The computation of the unit holding cost per year is shown below:
As we know that
where,
Annual demand is 450 × 52 weeks = 23,400 units
Ordering cost is $35 per order
Economic order quantity is 468 units
Now placing these values to the above formula
Now to find out the carrying cost, the calculation is given below:
= (2 × 450 units × $35) ÷ 468^2
= $7.48 per unit
The carrying cost is also known as holding cost
Ray is a shareholder of a small company. When the director falls to undertake an action it falls under derivative suit.
Explanation:
- Derivative suit is referred to as a law suit that is brought by the shareholder in behalf of the company against the third party.
- If in a company the employees, the directors as well as the officers are not ready to file a complain against the third party then the shareholder has the right to file a complaint against the third party.
- Derivative suit is normally filed by the shareholder when there is a mismanagement in the company. To stop the illegal work this action is being taken.
Answer:
Vision Statement
Explanation:
The first part of setting strategic direction for an organization is to analyze the external and internal environments by preparing a SWOT {Strengths , Weakness , Opportunities , and Threats } analysis. Once the SWOT is complete , the next step is to create a clear and compelling statement describing the inspirational long-term desired change resulting from an organization's work , called <u>Vision Statement.</u>
Vision Statement is a important point in strategical planning. It tells what an organization intended to achieve or we can say it highlight the objective of the organization .
Vision Statement should we s<u>hort , simple and clearly specified.</u> It plays an i<em>mportant role</em> in an organization .
Answer:
The correct answer is letter "A": business cycle fluctuations.
Explanation:
Cyclical unemployment refers to unemployment related to downturns in the economy. It tends to be temporary but the length depends on the level of contraction of the economy during a recession. This type of unemployment is typical of the natural increase and decrease cycle of a nation's growth.
