A $5,000 bond with a coupon rate of 6% paid semiannually has nine years to maturity and a yield to maturity of 8.7%. If interest rates rise and the yield to maturity increases to 9%, what will happen to the price of the bond? A. rise by $81.30 B. fall by $81.30 C. fall by $97.56 D. The price of the bond will not change.

Answers

Answer 1

The price of a bond is inversely related to its yield to maturity. As interest rates rise, the yield to maturity of a bond also increases. When the yield to maturity increases, the price of the bond decreases.

In this case, the bond has a coupon rate of 6% paid semiannually, nine years to maturity, and a yield to maturity of 8.7%. If the yield to maturity increases to 9%, we can expect the price of the bond to decrease.

To calculate the change in price, we can use the bond pricing formula:

P = (C / Y) * (1 - (1 / (1 + Y)^n)) + (F / (1 + Y)^n)

Where:

P = Price of the bond

C = Coupon payment

Y = Yield to maturity

n = Number of periods (in this case, semiannual periods)

F = Face value of the bond

Using the given values:

C = 0.06 * $5,000 / 2 = $150

Y1 = 0.087 (initial yield to maturity)

Y2 = 0.09 (increased yield to maturity)

n = 9 years * 2 = 18 periods

F = $5,000

Calculating the initial price (P1):

P1 = ($150 / 0.087) * (1 - (1 / (1 + 0.087)^18)) + ($5,000 / (1 + 0.087)^18) ≈ $4,926.60

Calculating the new price (P2):

P2 = ($150 / 0.09) * (1 - (1 / (1 + 0.09)^18)) + ($5,000 / (1 + 0.09)^18) ≈ $4,845.04

The change in price is: Change in price = P2 - P1 ≈ $4,845.04 - $4,926.60 ≈ -$81.56Therefore, the price of the bond will fall by approximately $81.56. None of the given answer choices match this amount exactly, but the closest option is C. fall by $97.56.

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Related Questions

james is a manager from tennessee working at a tech support center in india. he is a firm believer in the minimum wage and treating employees fairly. yet he sees his assistant manager firing one employee and hiring his neighbor at a lower rate. james confronts his assistant manager, claiming this behavior isn't consistent with home-country standards. which philosophical approach to ethics does james represent? multiple choice question. naive immoralist utilitarianism cultural relativism righteous moralist

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Utilitarianism is the philosophical approach James represent in the given situation.

What is Utilitarianism?Utilitarianism is a philosophical theory  that favors actions that promote happiness and pleasure and rejects actions that cause unhappiness and harm. When oriented toward making social, economic, or political decisions,  utilitarianism philosophy aims at improving society as a whole. Utilitarianism is an ethical theory that distinguishes between good and evil by focusing on outcomes. Utilitarianism holds that the most philosophical choice is the one that produces the greatest profit for the greatest number. For example, there is the utilitarian idea that when choosing your own ice cream, you should choose the flavor that gives you the most pleasure. For those who love chocolate and hate vanilla,  choose chocolate for its pleasure  and avoid vanilla for the resentment it causes.

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2. Once someone is promoted to facility manager, the job becomes easier because the person has subordinates who can help them. Therefore, they do not need to spend as many hours at the facility. a. True b. false

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The statement "Once someone is promoted to facility manager, the job becomes easier because the person has subordinates who can help them. Therefore, they do not need to spend as many hours at the facility" is false because the promotion to the position of facility manager often means that more responsibilities are entrusted to the person holding that position and the job becomes more challenging.

Facility management involves a wide range of responsibilities and duties that are essential for the smooth operation and maintenance of a facility.

Once someone is promoted to the position of facility manager, they become responsible for supervising the daily operations of the facility, coordinating with various teams, overseeing facility maintenance and repairs, ensuring compliance with safety and health standards, and managing the facility's budget and resources.

As such, the job of a facility manager can become more demanding after their promotion. Although subordinates may provide support, they do not take away the facility manager's responsibility for ensuring that all aspects of the facility's operation are running smoothly.

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According to public choice economists, the federal government has expanded because
A. the federal government is efficient in its spending.
B. deficit spending has reduced the perceived cost of current government operations.
C. taxpayers pay the full cost of current government operations.
D. the public likes to pay higher taxes to finance more programs.

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Economists believe that the federal government has expanded because B. deficit spending has reduced the perceived cost of current government operations.

What do economists think of the federal expenditure?

They believe that because the government can finance more expenditure with debt, they have engaged in more expenses than they can actually afford.

This means that the government no longer views the cost of government operations as high because they can engage in deficit spending.

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What Is NOT one of the three primary resources that farnilies have to reach financlal goals?

A.Education
B.Energy
C.Time
D.Money

Answers

Answer:

I think it would be education

Explanation:

Answer: A. Education

Explanation:

Which of the following statements is TRUE if a bond is issued for an amount higher than face value? A) The bond's stated interest rate is less than the prevailing market interest rate at time of sale. B) The bond's stated interest rate is the same as the prevailing market interest rate at time of sale. C) The bond's stated interest rate is more than the prevailing market interest rate at time of sale. D) The bond is not secured by specific assets of the issuer. E) none of the above

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(C) The bond's stated interest rate is more than the prevailing market interest rate at the time of sale is true.

The interest rate that appears on a bond coupon is known as the stated interest rate. This represents the real interest that the bond issuer has paid. The quoted interest rate is 6% if the issuer pays $60 for a bond with a $1,000 face value.

The estimated cost of the loan that even a bank charges, given as a percentage, is the stated interest rate. Other fees related to borrowing the money are not factored into this interest rate.

Most bonds have a fixed rate of return that increases in attractiveness when interest rates decline, increasing demand and bond price. In contrast, if interest rates increase, investors won't favor the lower fixed rate paid by a bond as much.

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fractional reserve lending"" what does this mean.

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Answer:

It means that they lend a loan with a reserve that is less than the amount they lend.

A firm will expand the amount of output it produces as long as its
A. average total revenue exceeds its average total cost.
B. average total revenue exceeds its average variable cost.
C. marginal cost exceeds its marginal revenue.
D. marginal revenue exceeds its marginal cost.

Answers

A firm will expand the amount of output it produces as long as its marginal revenue exceeds its marginal cost. The correct option is (D).

Marginal revenue refers to the incremental revenue gained from producing one additional unit of a good or service. In economics, marginal revenue is a critical concept since it influences the production decisions of businesses. Marginal cost refers to the change in total cost that results from the production of one more unit of a good or service. This concept is used to determine how much production should be increased or decreased based on how much it costs to produce each additional unit. It is a critical concept in business management because it helps determine the optimal level of production at any given time.

Marginal Revenue and Marginal Cost are both essential concepts in microeconomics, and they both play a vital role in determining the optimal amount of goods and services to produce in a given time.

Thus, the correct option is (D).

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1. Define the oscopy approach in PCS coding.
2. Code the following scenario dividing the codes appropriately into the mom and baby charts: 29-year-old female presents for delivery. This is her third pregnancy. She is at 39 weeks of gestation. This is a normal pregnancy. After a normal delivery, she gives birth to a single liveborn. The little boy is circumcised on the second day without incident. Both mom and baby are discharged in good health.
3. Code the following scenario dividing the codes appropriately into the mom and baby charts: 36-year-old female presents for delivery. This is her first pregnancy. She has had a normal pregnancy without incident. She is 37 weeks gestation. This is a twin pregnancy. Baby A is delivered vaginally with low forceps and Baby B by C section. Both babies are fine.
4. Code the following scenario: 40-year-old multigravida presents for vaginal delivery in week 41. No problems during delivery. Single liveborn.
5. Code the following scenario: 26-year-old primigravida presents in week 38. Second-degree perineum tear. Single liveborn.
6. Code the following scenario: Baby born via C-Section transferred to Children's Hospital for Myelomeningioma with hydrocephalus. Code for Children's hospital.

Answers

1. Oscopy approach: Surgical instrument insertion method - open or percutaneous. 2. Mom: Normal delivery. Baby: Liveborn, circumcision. 3. Mom: Vaginal delivery with low forceps. Baby A: Vaginal delivery. Baby B: C-section. 4. Vaginal delivery of single liveborn at week 41. 5. Vaginal delivery, second-degree perineum tear, single liveborn. 6. Children's Hospital: Transfer for C-section-born baby with myelomeningioma and hydrocephalus. Code accordingly.

1. The term "oscopy" in PCS coding refers to the approach used during a surgical procedure. It is used to describe the method by which a surgical instrument or device is inserted into the body. The approach can be classified as either "open" or "percutaneous." An open approach involves making a larger incision to access the target area directly, while a percutaneous approach involves inserting instruments through the skin using a minimally invasive technique. The choice of approach depends on the specific procedure and the surgeon's preference.

2. For the given scenario, dividing the codes appropriately into the mom and baby charts would involve assigning diagnosis and procedure codes for each individual. In the mom's chart, you would code for the normal delivery and any relevant procedures or conditions related to the mother. In the baby's chart, you would code for the liveborn status, circumcision, and any other relevant procedures or conditions related to the baby.

3. In this scenario, coding appropriately into the mom and baby charts would involve assigning diagnosis and procedure codes for each individual. In the mom's chart, you would code for the normal pregnancy, twin pregnancy, vaginal delivery with low forceps, and any relevant procedures or conditions related to the mother. In the baby's chart, you would code for the C-section delivery, twin status, and any relevant procedures or conditions related to the babies.

4. For this scenario, the coding would involve assigning diagnosis and procedure codes for the vaginal delivery of a single liveborn baby in week 41 of gestation. The specific codes would depend on any additional procedures or conditions that may be present during the delivery.

5. In this scenario, the coding would involve assigning diagnosis and procedure codes for the perineum tear and the vaginal delivery of a single liveborn baby in week 38 of gestation. The specific codes would depend on the severity of the tear and any additional procedures or conditions that may be present during the delivery.

6. For the scenario involving the baby's transfer to Children's Hospital for myelomeningioma with hydrocephalus, you would need to code the diagnosis and any relevant procedures or conditions associated with the baby's condition. The specific codes would depend on the details provided in the scenario and the coding system used (such as ICD-10-CM for diagnosis coding and/or CPT or HCPCS for procedure coding). The codes should accurately reflect the baby's diagnosis and the reason for the transfer to Children's Hospital.

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_____ are distribution channel members that buy finished products from manufacturers and sell them to retailers.

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Wholesalers are distribution channel members that buy finished products from manufacturers and sell them to retailers.

Who is a manufacturer?

A manufacturer is a company or entity that produces goods or products on a large scale. They are involved in the creation, production, and assembly of finished goods using raw materials, components, or parts.

Manufacturers can range from large industrial facilities that produce machinery and equipment to smaller-scale operations that produce consumer goods such as electronics, clothing, or food products.

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Producers cannot adapt the isoquant to optimise the quantity of inputs. Select one: True False

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The statement "Producers cannot adapt the isoquant to optimize the quantity of inputs" is False.What are Isoquants?Isoquants are used to illustrate the different combinations of two factors of production that can be used to produce a specific level of output.

The isoquant curves connect the various production combinations that yield the same level of output when plotted on a two-dimensional graph.What are producers?Producers are the firms that provide products and services that meet the wants and needs of consumers.What is Input?Input is something that a firm uses in its production process to generate output.Therefore, producers can adapt the isoquant to optimize the quantity of inputs. In conclusion, the given statement "Producers cannot adapt the isoquant to optimize the quantity of inputs" is False.

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True or False, a peer review is usually done before the appeal process.

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True. The purpose of peer review is to ensure that the work meets the required standards and contributes to the body of knowledge in a meaningful way.

Peer review typically takes place before the paper or manuscript is published or accepted for publication. During this stage, the work is sent to multiple experts or peers who provide constructive feedback, evaluate the methodology, analyze the results, and assess the overall merit of the research. A peer review is typically conducted before the appeal process. In the context of academic research or scholarly publications, peer review is a critical evaluation process where experts in the same field assess the quality, validity, and credibility of a research paper or manuscript. Based on their evaluations, the authors may need to revise and improve their work before resubmitting it for further consideration or publication.

The appeal process, on the other hand, usually occurs after a decision has been made, such as rejection or acceptance with revisions. If authors disagree with the decision or have concerns about the review process, they may choose to appeal. The appeal process allows them to present their case and seek reconsideration of the decision based on valid grounds. However, the appeal process is a separate stage that occurs after the initial peer review.

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False, a peer review is not typically conducted before the appeal process.

The statement is false. In most cases, a peer review is not conducted before the appeal process. The appeal process is a mechanism through which individuals can challenge a decision or outcome that they believe to be unjust or incorrect. It provides an opportunity for a higher authority or an independent body to review the initial decision and determine if there were any errors or unfairness in the process.

It is commonly used to ensure the accuracy, rigor, and credibility of the work. Peer reviews are typically conducted before the publication or acceptance of the work, whereas the appeal process occurs after a decision has been made and seeks to address grievances or errors in that decision. Therefore, the two processes are distinct and separate from each other.

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Sara does not like to wait for long before being served at a restaurant. Hence, the dimension of service that will influence Sara when she rates the quality of service at a restaurant will be: Multiple Choice reliability. tangibility. responsiveness. empathy. durability.

Answers

Answer:

Responsiveness

Explanation:

Based on the information what will influence her when she rates the quality of service at the restaurant will be RESPONSIVENESS reason been that RESPONSIVENESS is the ability of a person or an individual to respond faster ,speedly or quickly without wasting time to a situation on ground or by quickly rendering customer service to a customer need, which is why quick RESPONSIVENESS is a very vital tool for any business because it shows how fast a business, company or organization rendered service to their customers without wasting their customers time which will inturn help to influence how a customer will rates the quality of service been rendered to them just as the case of Sarah.

Example a business or company that does not have quick RESPONSIVENESS may loose their customers because not all customers like to wait for a long time before they are been attended to.

The journal entry to record the collection of the amount due on an interest-bearing promissory note from a customer would debit Cash, credit Interest Income, and

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The journal entry to record the collection of the amount due on an interest-bearing promissory note from a customer would debit Cash (as cash is received), credit the Notes Receivable account (to reduce the balance of the promissory note), and credit Interest Income (to record the interest earned on the note).

The specific journal entry would be as follows: Debit: Cash Credit: Interest Income Credit: Notes Receivable This entry reflects the receipt of cash from the customer, which is debited to the Cash account. The credit to Interest Income represents the interest earned on the promissory note, and the credit to Notes Receivable reduces the outstanding balance of the note since it has been collected.

By making these entries, the company recognizes the receipt of cash, acknowledges the interest income earned, and updates the accounting records to reflect the collection of the note receivable from the customer

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Nigeria’s real gdp is expected to grow by 5% per year for the next 5 years, and inflation is expected to be 8% per year. If nigeria’s current real gdp is $300 billion, what will its real and nominal gdp be in 5 years? round to the nearest billion.

Answers

Nigeria's real GDP in 5 years will be $383 billion.

Nigeria's nominal GDP in 5 years will be $553 billion

What is the real and nominal GDP of Nigeria?

Gross domestic product is the sum of all the final goods and services produced in a country in a given year. Real GDP is the GDP of a country that has been adjusted for inflation. Nominal GDP is the GDP of a country that has been calculated using current year prices. It includes inflation. Inflation is when the general price levels of a country rises persistently.

Growth rate of nominal GDP is the sum of the growth rate of real GDP and inflation.

Nominal GDP = real GDP + inflation

5% + 8% = 13%

Real GDP IN 5 years = $300 x (1 + 0.05)^5

$300 x (1.05)^5 = $383 billion

Nominal GDP in 5 years =  $300 x (1 + 0.13)^5

$300 x (1.13)^5 = $553 billion

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Choose 2 of the following legislative requirements that DO NOT pertain to employment. a. Human Rights Code b. Workplace Safety and Insurance c. Act Coroner's Act d. Pay Equity Act e. Employment Standards Act f. Electronic Documents Act g. Occupational Health and Safety Act

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Coroner's Act and Electronic Documents Act of the following legislative requirements that do not pertain to employment. The correct options are c and f.

The Coroner's Act specifies the duties and authority of coroners in conducting investigations into fatalities, identifying the causes of deaths, and dealing with issues pertaining to public health and safety. It's not immediately related to work-related issues. The Electronic Documents Act, commonly referred to as the Electronic Commerce Act or by other titles equivalent in other countries, focuses on the legal acceptance and validity of electronic documents and signatures in various transactions. Although it might have effects on contracts and businesses, it does not particularly relate to laws governing employment.

Thus, the ideal selections are options c and f.

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why is the fed often referred to as a "lender of last resort," or the last lender to turn to in a crisis? monetary policy: the federal reserve?

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The Federal Reserve is often referred to as a "lender of last resort" because it serves as a source of liquidity for banks and other financial institutions in times of financial crisis.

In other words, it is the final option for financial institutions that cannot obtain funds elsewhere when they need to pay their obligations.The Fed plays a crucial role in maintaining economic stability and promoting growth through its monetary policy. The central bank utilizes several monetary tools to achieve this goal, such as changing the discount rate, adjusting reserve requirements, and buying or selling government securities.The Fed's role as a lender of last resort is critical during financial crises, as it helps to prevent bank runs and systemic failures. The central bank accomplishes this by providing financial institutions with access to short-term loans at the discount window. When a bank is unable to obtain funds from other sources, it can borrow from the Fed at the discount rate, which is generally higher than the federal funds rate, the rate at which banks lend to each other overnight.Lending to financial institutions is a key aspect of the Fed's monetary policy. It helps to maintain the stability of the financial system by ensuring that banks have access to funds when they need them. This, in turn, helps to promote economic growth and stability. Overall, the Fed's role as a lender of last resort is essential in ensuring that the US financial system remains strong and resilient in the face of crises.

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kara delaney received a $9,000 gift for graduation from her uncle. if she deposits the entire amount in an account paying 8 percent, what will be the value of this gift in 12 years? use exhibit 1-a. (round time value factor to 3 decimal places and final answer to the nearest whole number.)

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The value of the $9,000 gift in 12 years will be $24,678.This means that if Kara keeps the gift amount in the account for 12 years at an 8 percent interest rate, it will grow to approximately $24,678.

To calculate the future value of the gift, we use the time value of money concept and the interest rate of 8 percent. Referring to Exhibit 1-a, we find the time value factor for 12 years at 8 percent, which is 2.731. Multiplying the gift amount of $9,000 by the time value factor, we get $24,678.The nearest whole number.

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X х Connect Find Your Acad ublications Main Menu х education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%2... Saved Help Save am #20 MC MR ATC Dollars AVC n hk Output According to the information in the provided diagram, this firm is producing in a(n) Output According to the information in the provided diagram, this firm is producing in a(n) Multiple Choice monopolistic market. oligopoly market monopolistically competitive market. market that sells a homogeneous product.

Answers

According to the information in the provided diagram, this firm is producing in an (d) Market that sells a homogeneous product.

We know that the products sold in a homogeneous product market are identical, meaning that they have the same characteristics, quality, and features, and are considered perfect substitutes for each other.

It means that buyers have no preference for one seller's product over another, and they will choose the product that is available at the lowest price.

The given diagram represent a firm is producing in perfectly competitive market where all Firms sells homogenous Product and there are large number of firms where each of them are marginally small due to which  firm is a price taker which means no firm can increase market price.

Therefore, the correct option is (d).

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The given question is incomplete, the complete question is

According to the information in the provided diagram, this firm is producing in an

(a) Monopolistic Market

(b) Oligopoly Market

(c) Monopolistically Competitive Market

(d) Market that sells a homogeneous product.

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a.w. phillips collected data on the rate of change in money wages and plotted it against unemployment rates in the united kingdom. the curve he fit to the data showed that a. the rate of change of money wage rates and unemployment rates were inversely related.

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Phillips collected data on the rate of change in nominal wages and plotted them against the UK unemployment rate. It shows that there is an inverse proportional relationship.

Higher inflation is associated with lower unemployment and vice versa. The Phillips curve, a concept that guided macroeconomic policy in the 20th century, was challenged by stagflation in the 1970s.

The Phillips curve shows the relationship between inflation and unemployment. When unemployment is low, inflation is high, and when unemployment is high, inflation is low.

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A vast global network that is made up of many smaller interconnected networks is known as

Answers

Answer:

The internet

Explanation:

In Year 1, Lee Inc. billed its customers $57,200 for services performed. The company collected $40,000 of the amount billed. Lee incurred $36,900 of other operating expenses on account, and paid $23,400 of the accounts payable. It acquired $35,000 cash from the issue of common stock and invested $19,000 cash in the purchase of land. Required (Hint: Identify the six events described in the paragraph and record them in accounts under an accounting equation before attempting to answer the questions.) Use the preceding information to answer the following questions: a. What amount of revenue will Lee report on the Year 1 income statement? b. What amount of cash flow from revenue will be reported on the statement of cash flows? c. What is the net income for the period? d. What is the net cash flow from operating activities for the period? f. What is the amount of net cash flow from investing activities? g. What is the amount of net cash flow from financing activities? h. What amounts of total assets, liabilities, and stockholders' equity will be reported on the year-end balance sheet? Complete this question by entering your answers in the tabs below. Accounting Equation Req A to H (Hint: Identify the six events described in the paragraph and record them in accounts under an accou balances with a minus sign.) Event 1. Sales on account 2. Collected accounts receivable 3. Incurred expense 4. Paid accounts payable 5. Issue of stock 6. Purchase land. Totals LEE INC. Effect of Events on the Accounts under Accounting Eq Cash + + Assets Accounts Receivable + + + + + Land 11 #1 H H

Answers

Based on the events described, the revenue reported on the Year 1 income statement is $57,200, the cash flow from revenue reported on the statement of cash flows is $40,000, the net income for the period is $20,300, the net cash flow from operating activities is $3,100, the net cash flow from investing activities is -$19,000.

Based on the provided information, the effects of the events on the accounts under the accounting equation can be summarized as follows:

1. Sales on account:

  - Increases Accounts Receivable (+$57,200)

  - Increases Revenue (+$57,200)

2. Collected accounts receivable:

  - Decreases Accounts Receivable (-$40,000)

  - Increases Cash (+$40,000)

3. Incurred expense:

  - Increases Expenses (-$36,900)

  - Decreases Cash or increases Accounts Payable (+$36,900)

4. Paid accounts payable:

  - Decreases Accounts Payable (-$23,400)

  - Decreases Cash (-$23,400)

5. Issue of stock:

  - Increases Cash (+$35,000)

  - Increases Stockholders' Equity (+$35,000)

6. Purchase land:

  - Decreases Cash (-$19,000)

  - Increases Land (+$19,000)

a. The amount of revenue reported on the Year 1 income statement is $57,200.

b. The amount of cash flow from revenue reported on the statement of cash flows is $40,000.

c. The net income for the period is calculated by subtracting the total expenses from the total revenue:

  Net Income = Revenue - Expenses

  Net Income = $57,200 - $36,900

  Net Income = $20,300

d. The net cash flow from operating activities is calculated by taking the difference between cash received from customers and cash paid for expenses:

  Net Cash Flow from Operating Activities = Cash from Customers - Cash for Expenses

  Net Cash Flow from Operating Activities = $40,000 - $36,900

  Net Cash Flow from Operating Activities = $3,100

f. The amount of net cash flow from investing activities is -$19,000, which represents the cash used in the purchase of land.

g. The amount of net cash flow from financing activities is $35,000, which represents the cash received from issuing stock.

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when an economy produces a good such that the marginal benefit equals the marginal cost, this indicates that

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What happens when an economy produces good in a way where marginal benefit equals marginal cost is that resource are allocated efficiently

Basically, when the marginal benefit equals the marginal cost, it shows that the quantity (output) produced is efficient.

Hence, the principle applies to an economy as well because when the total marginal benefit equal marginal cost, it shows that the output is efficient.

In conclusion, what happens when an economy produces good in a way where marginal benefit equals marginal cost is that resource are allocated efficiently.

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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $84,200. The machine's useful life is estimated at 10 years, or 386,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 32,600 units of product. Exercise 10-4 (Algo) Straight-line depreciation LO P1 Determine the machine's second-year depreciation and year end book value under the straight-line method. Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $84,200. The machine's useful life is estimated at 10 years, or 386,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 32,600 units of product. Exercise 10-5 (Algo) Units-of-production depreciation LO P1 Determine the machine's second-year depreciation using the units-of-production method. Required information Use the following information for the Exercises below. (Aigo) [The following information applies to the questions displayed below.] Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $84,200. The machine's useful life is estimated at 10 years, or 386,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 32,600 units of product. Exercise 10-6 (Algo) Double-declining-balance depreciation LO P1 Determine the machine's second-year depreciation using the double-declining-balance method.

Answers

Exercise 10-4: Straight-line depreciation

Second-year depreciation: $8,420

Year-end book value: $67,780

The machine's second-year depreciation under the straight-line method is $8,420.

This is calculated by dividing the cost of the machine ($84,200) minus the salvage value ($7,000) by its useful life of 10 years. The resulting annual depreciation expense is $8,420. For the second year, the depreciation expense remains the same. To determine the year-end book value, we subtract the accumulated depreciation (twice the annual depreciation) from the cost of the machine. After two years, the accumulated depreciation amounts to $16,840, leading to a year-end book value of $67,780.Exercise 10-5: Units-of-production depreciation

Second-year depreciation: $6,804. The machine's second-year depreciation using the units-of-production method is $6,804. This method calculates depreciation based on the number of units produced by the machine. To determine the depreciation per unit, we subtract the salvage value ($7,000) from the cost of the machine ($84,200) and divide it by the total units of production over its useful life (386,000 units). The depreciation per unit is $0.199. Multiplying the depreciation per unit by the number of units produced in the second year (32,600 units) gives us the second-year depreciation of $6,804. In summary, under the straight-line method, the machine's second-year depreciation is $8,420, and its year-end book value is $67,780. Under the units-of-production method, the second-year depreciation is $6,804.

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In 2017, Blake purchased a new home. In addition to the purchase price of $200,000, he paid $700 in legal fees and $2,000 in recording costs. In 2019, he added a deck at a cost of $5,000. Blake's basis in his home is:

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Answer:

$207,700

Explanation:

Blake's basis in his home in 2017 = purchase price + legal and administrative fees = $200,000 + ($700 + $2,000) = $202,700

Since the deck that Blake added to his home is considered an improvement that is permanent and increases the home's value, it will also increase the home's basis = $202,700 + $5,000 = $207,700

Which type of lack of capacity is easiest to prove?

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The law recognises three categories of people as not being able to engage into a prove contract: children, those with psychological illnesses, and inebriated people. If somebody from these groups signs a capacity contract, they might view it as "voidable" in their eyes.

If a person's ability to make decisions at that time is hindered or disturbed in any other way, they lack capacity. Mental health diseases like schizophrenia and bipolar illness are two examples of how a person's brain or mind may be prove. A permanent disease that interferes with your ability to make judgements qualifies as lack of capacity, which implies you are unable to sign contracts.

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By being realistic, you can accurately determine the cost and ______________for projects' completion. (9 letters).

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By being realistic, you can accurately determine the cost and Resources for projects' completion.

What are Resources?

All materials available in our environment that are technologically accessible, economically feasible, and culturally sustainable and help us to satisfy our needs and desires are referred to as resources. Resources are divided into two types based on their availability: renewable and non-renewable resources. They can also be classified as actual or potential based on their level of development and use, as biotic or abiotic based on their origin, and as ubiquitous or localised based on their distribution (private, community-owned, national and international resources). With the passage of time and the advancement of technology, an item becomes a resource. The advantages of resource utilisation may include increased wealth, proper system operation, or improved well-being.

So, The required answer is Resources.

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XYZ is an established business and has written a business plan in order to request additional funding from a local bank. Unlike a plan for a new business, their business plan will include which information?

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Answer:

Growth Highlights

Explanation:

When a new business is to start up, and it requires funding it shall propose the business idea to investors, but it depends upon the discretion of investors whether or not to invest, and their results are dependent upon the expectations of the business idea.

Whereas when a established business requires further funds, it can state the statistical records and performance reports which shall highlight the growth achieved by the business already.

This shall ensure the investors about their returns in a more confident manner.

Funding from local bank shall include the growth results achieved till now, in order to create the investor confidence.

Given the following factor notation what value with this generate F = A(F/A,i,n) a. The Annuity of a Future b. none of these C. The Future of an ...

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The given factor notation F = A(F/A,i,n), will generate the value for The Future of an Annuity Present. Therefore, the correct option is C.

In the factor notation F = A(F/A,i,n):

1. F is the future value of an annuity (the amount accumulated in the future).

2. A is the annuity (a series of equal payments made at regular intervals).

3. F/A is the future value interest factor of an annuity (a factor used to calculate the future value of an annuity).

4. i is the interest rate (the rate at which the annuity grows).

5. n is the number of periods (the length of time over which the annuity is paid).

In this factor notation, we are trying to find the future value (F) of an annuity (A) by multiplying the annuity by the future value interest factor (F/A) with a specific interest rate (i) and number of periods (n). This calculation will give us the future value of the annuity present, which helps us understand how much the annuity will be worth in the future. Hence, the correct answer is option C.

Note: The question is incomplete. The complete question probably is: Given the following factor notation what value with this generate F = A(F/A,i,n) A. The Annuity of a Future B. none of these C. The Future of an Annuity Present D. The Future of a Present.

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Shannon puts x dollars into an investment with an interest rate of 4 percent per year and y dollars into an investment with an interest rate of 10 percent per year. She invests a total of $2600, and her interest earnings after one year are \$194. From this information, we can create two equations: one for the total investment and one for the interest earned. State both equations, and then solve the system to determine how much Shannon invested in each. The equation that describes the total investment is The equation that describes the interest earned is Amount invested at 4 percent interest is $ Amount invested at 10 percent interest is $

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Shannon invested $1,100 at a 4 percent interest rate and $1,500 at a 10 percent interest rate.

To determine how much Shannon invested in each account, we can create two equations based on the given information. Let's denote the amount invested at a 4 percent interest rate as x and the amount invested at a 10 percent interest rate as y.

The first equation represents the total investment:

x + y = $2,600

The second equation represents the interest earned:

0.04x + 0.10y = $194

To solve this system of equations, we can use substitution or elimination methods. Let's use the elimination method.

Multiply the first equation by 0.04 to match the coefficients of x:

0.04x + 0.04y = $104

Now, subtract this equation from the second equation:

0.04x + 0.10y - (0.04x + 0.04y) = $194 - $104

0.06y = $90

Divide both sides by 0.06:

y = $90 / 0.06

y = $1,500

Substitute the value of y back into the first equation:

x + $1,500 = $2,600

Subtract $1,500 from both sides:

x = $2,600 - $1,500

x = $1,100

Therefore, Shannon invested $1,100 at a 4 percent interest rate and $1,500 at a 10 percent interest rate.

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Purchasing cruelty free products can have a positive impact on

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The beauty industry and it’s healthier. Also it protects a lot of animals from getting the product tested on them

Answer: Animals

Explanation: just got it right

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