company a operates at a sales level of 1,200 units with a contribution margin of $30 per unit. its income is $12,000. what is the company's degree of operating leverage?

Answers

Answer 1

How many fluctuations in a company's sales revenue affect operational profitability is determined by the degree of operating leverage. It is determined by dividing the contribution margin by the fixed operating cost ratio.

The portion of each sale that goes toward defraying the business's fixed operational expenses and producing profit is known as the contribution margin.

Given that the company's contribution margin in this instance is $30 per unit and its total revenue is $12,000, the degree of operating leverage may be determined as follows:

Degree of operating leverage = Fixed operating costs / Contribution margin

Fixed operating costs = Total income / Contribution margin

= $12,000 / $30

= $400

Degree of operating leverage = $400 / $30

= 13.33

The company's operating leverage is 13.33, which implies that a change in sales revenue of 1% would cause an operating income change of 13.33%. The more operational leverage a firm has, the more susceptible its operating income is to fluctuations in sales revenue.

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Related Questions

Which type of ebusiness marketing technique induces websites or users to pass on a marketing message to other websites or users, creating exponential growth in the message's visibility and effect

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Viral marketing(the answer )

Maddie is creating a survey to determine student's favorite place to shop. This type of research is

Primary
Secondary
Media
Product

Answers

Answer:

Primary

Explanation:

Any survey is an example of a primary research.

The research by Maddie, who created a survey to determine students' favorite places to shop, is A. Primary research.

What is primary research?

Primary research depends on direct data and not on previous data collected by another researcher.

For example, Maddie's creation of a survey to determine students' favorite places to shop demonstrates primary research.

Thus, the research by Maddie, who created a survey to determine students' favorite places to shop, is Option A.

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The Age Discrimination in Employment Act (ADEA) would most likely apply to which of the following situations? a,Stanley, a 60-year-old manager, was replaced with Jeffrey, a 57-year-old man b.Quintilla, a 35-year-old woman, who was replaced as an attorney by Ricardo, a 45-year-old man c.Carlotta, n 41-year-old woman, was replaced by Shep, a 36-year-old man d.Theo, a 65-year-old man, was replaced by Prescott, a 50 year old man

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The Age Discrimination in Employment Act (ADEA) prohibits employers from discriminating against employees or job applicants who are 40 years of age or older. Based on the given situations, the ADEA would most likely apply to options a and d.

Option a involves Stanley, a 60-year-old manager, who was replaced by Jeffrey, a 57-year-old man. This situation may be a case of age discrimination because Stanley was replaced by someone younger than him, even though they are both over 40 years old. It could be argued that the employer chose to replace Stanley based on his age, which is a violation of the ADEA. Option d involves Theo, a 65-year-old man, who was replaced by Prescott, a 50-year-old man. Again, this situation may be a case of age discrimination because Theo was replaced by someone younger than him. It could be argued that the employer chose to replace Theo based on his age, which is also a violation of the ADEA.

On the other hand, options b and c do not involve age discrimination under the ADEA. Option b involves Quintilla, a 35-year-old woman, who was replaced as an attorney by Ricardo, a 45-year-old man. The ADEA only protects individuals who are 40 years of age or older, so Quintilla's age is not relevant in this case. Option c involves Carlotta, a 41-year-old woman, who was replaced by Shep, a 36-year-old man. In this situation, both employees are under 40 years old, so the ADEA does not apply. In order to determine whether the ADEA applies to a situation, it is important to consider the age of the individuals involved. The ADEA protects employees or job applicants who are 40 years of age or older from discrimination based on their age. If an employer chooses to replace an older worker with someone who is younger, it could be considered age discrimination and a violation of the ADEA.
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Which of these accounts is never closed? A. prepaid rent B. income summary C. rent revenue D. rent expense

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 Rent revenue and rent expense accounts are also temporary accounts that are closed at the end of the accounting period.

Which account is considered a temporary account that is closed at the end of each accounting period?

The account that is never closed is the prepaid rent account. Prepaid rent represents the amount paid for rent in advance, and it is considered an asset account. As the prepayment is used up over time as rent is incurred, a portion of the prepaid rent is transferred to the rent expense account through adjusting entries at the end of each accounting period. However, the remaining balance of the prepaid rent account is carried forward into the next accounting period and continues to be reported on the balance sheet. On the other hand, the income summary account is a temporary account that is closed at the end of each accounting period. Rent revenue and rent expense accounts are also temporary accounts that are closed at the end of the accounting period.

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Your older sister is planning on saving money by paying her bills, spending money on fun, and then saving whatever is leftover. Why is this not the best option for saving her money?

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Answer:

spend money on bills first then food then save the leftover money for later

What are two factors that cause fullfillment centers to operate a little differently when processing online orders than they do when processing orders shipped to stores?
Orders are sent via drone.
Orders arrive from customers one at a time.
Orders are sent to distribution centers.
Orders are sent out in relatively small quantities.

Answers

Higher order volume and individual packaging requirements, and specialized logistics for direct customer delivery (e.g., drones) differentiate fulfillment centers processing online orders from those handling store shipments.

What are two factors that differentiate the operation of fulfillment centers processing online orders from those handling store shipments?

Two factors that cause fulfillment centers to operate differently when processing online orders than orders shipped to stores are:

Order Volume and Packaging: When processing online orders, fulfillment centers typically handle a much higher volume of individual orders compared to orders shipped to stores. This is because online retail allows customers from a wider geographical area to place orders, resulting in a larger number of individual shipments. As a result, fulfillment centers need to optimize their operations to efficiently process and package each order individually, ensuring accurate picking, packing, and labeling for each shipment. This requires specialized systems and processes designed for handling a high volume of individual packages, which may differ from the procedures used for shipping larger quantities of products to physical stores.

Logistics and Shipping Considerations: Fulfillment centers processing online orders often need to coordinate with various logistics partners, such as delivery companies or drone operators, to ensure timely and efficient delivery to customers. Since the scenario mentions orders being sent via drones, the fulfillment center would need to incorporate drone operations into their workflow. This could involve setting up dedicated areas or loading docks for drone takeoffs and landings, implementing systems for tracking and coordinating drone deliveries, and ensuring compliance with regulations and safety protocols for operating drones. Additionally, fulfillment centers need to manage the logistics of shipping individual orders directly to customers' addresses, which may involve different routing and transportation strategies compared to bulk shipments to stores.

Overall, the key differences stem from the need to handle individual orders at a higher volume and the inclusion of specialized logistics and shipping considerations in the fulfillment process for online orders.

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which of the following is a disadvantage of a sole proprietorship? multiple choice entrenched management. double taxation. unlimited liability. excessive regulation.

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The disadvantage of a sole proprietorship is unlimited liability. Option B is correct.

Unlimited liability means that the owner of a sole proprietorship is personally responsible for all debts and legal obligations of the business. This means that if the business incurs a debt that it cannot pay, the owner's personal assets can be seized to satisfy the debt. This puts the owner at risk of losing personal assets such as a house, car, or savings, and can create a significant financial burden for the owner.

Entrenched management, double taxation, and excessive regulation are not disadvantages of a sole proprietorship. Entrenched management refers to a situation where top management has too much power and cannot be easily replaced, but this is not a relevant concern for a sole proprietorship where the owner is also the sole manager.

Double taxation refers to a tax on both corporate profits and dividends to shareholders, but this does not apply to sole proprietorships since they are not separate legal entities from the owner. Excessive regulation can be a concern for businesses in general, but sole proprietorships are typically subject to less regulation than larger corporations. Option B is correct.

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What two defenses are available to employers defending themselves against discrimination charges?
A) BFOQ and business necessity
B) EEO and business necessity
C) BFOQ and affirmative action
D) EEO and affirmative action

Answers

The two defenses available to employers defending themselves against discrimination charges are BFOQ (Bona Fide Occupational Qualification) and business necessity.

BFOQ is a defense that employers can use when they can demonstrate that a particular characteristic, such as gender or age, is reasonably necessary for a specific job or task. For example, hiring only female actors for female roles in a movie would be considered a BFOQ defense. On the other hand, the business necessity defense requires employers to show that a particular employment practice or requirement is necessary for the operation of their business and is related to the job in question. This defense focuses on showing that the practice is essential for the organization's legitimate business interests.

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10 C What is the effect of education on employment?​

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The effect of education on Employment is that it increases the employment rate and reduces unemployment

Effect of Education on Employment

With proper education, individuals can get the skills needed to to employed as skilled labor and earn a decent amount of money as a salary.

Without education, most people become unemployed and at best even get a job that is not enough to take care of them.

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In zombia, it takes 10 resources to produce 1 ton of cocoa and 13. 5 resources to produce 1 ton of rice. In south curmudgea, it takes 40 resources to produce 1 ton of cocoa and 20 resources to produce 1 ton of rice. Zombia has a comparative advantage over south curmedgea in.

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The theory of comparative cost advantage is based on many assumptions and one of those assumptions is that "the production of commodities is done under the law of constant costs or returns".

It is presumable that constant returns to scale will make computations easier and produce useful generalizations that may be applied to the economy. Diminishing returns to scale is a more sensible assumption that is not made in the theory of comparative cost advantage, meaning that when inputs are employed more and more, their marginal product or contribution to production decreases. Furthermore, according to the comparative cost advantage theory, once a nation has determined its comparative advantage, all of its resources are put toward producing that good; as a result, the production process should reflect diminishing returns to scale rather than assuming constant returns to scale.

Any item that is readily available to us in our environment, is commercially viable, has access to modern technology, is culturally sustainable, and helps us to meet our requirements and fulfill our wants is referred to as a resource. Based on their availability, resources can be roughly classified into categories that are renewable and non-renewable.

They can also be divided into real and potential categories based on their level of development and use, biotic and abiotic categories based on their origin, and localized and omnipresent classifications depending on their dispersal (private, community-owned, national, and international resources). An item might develop into a resource over time as technology develops. Utilizing resources effectively can lead to increased income, efficient system operation, or improved well-being.

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Jaez corporation is in the process of going through a reorganization. As of december 31, 2020, the company’s accountant has determined the following information although the company is still several months away from emerging from the bankruptcy proceeding. Book value fair value assets cash $ 23,000 $ 23,000 inventory 45,000 47,000 land 140,000 210,000 buildings 220,000 260,000 equipment 154,000 157,000

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The book value and fair value of Jaez Corporation's assets as of December 31, 2020, are as follows: cash ($23,000), inventory ($45,000 book value, $47,000 fair value), land ($140,000 book value, $210,000 fair value), buildings ($220,000 book value, $260,000 fair value), and equipment ($154,000 book value, $157,000 fair value).

The book value of an asset represents its historical cost less accumulated depreciation or amortization, while the fair value represents the estimated market value of the asset.

In the case of Jaez Corporation, the book value of its assets is based on historical cost and the accumulated depreciation or amortization recorded on the company's books. The fair value, on the other hand, reflects the estimated market value of the assets.

Comparing the book value and fair value of the assets can provide insights into the financial health and potential value of the company. If the fair value exceeds the book value, it suggests that the assets may have appreciated in value or that the company has growth potential.

Conversely, if the fair value is lower than the book value, it may indicate that the assets are overvalued or that the company is facing challenges.

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An investment offers $7,000 per year for 15 years, with the first payment occurring one year from now. If the required return is 6 percent, what is the value of the investment today?

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The present value of investment giving returns of $7000 at the end of 15 years will be $2920.86

What is present value?

The present value refers to as the current value of a certain future return at a determined interest for a particular period of time. Using the above information, it can be calculated as,

\(\rm Present Value = FV\ x\ \dfrac{1}{(1+rate)^n}\\\\\\\rm Present Value =7000\ x\ \dfrac{1}{(1+0.06)^1^5}\\\\\rm Present Value =\$2920.86\)

Hence, the present value is as calculated above.

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What is the marginal revenue and marginal cost for this diagram?

What type of market is this? Explain your answer

What is the marginal revenue and marginal cost for this diagram?What type of market is this? Explain

Answers

Marginal revenue :

2060120200300420560

Marginal cost :

108210192640

It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.

Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.

Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.

Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.

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The maturity value of a $568000, 90-day, 10.8% note receivable is (two decimals):

Answers

To calculate the maturity value of a 90-day, 10.8% note receivable with a principal amount of $568,000, we need to consider the interest earned over the 90-day period.

The formula to calculate the maturity value of a note receivable is:

Maturity Value = Principal + (Principal * Interest Rate * Time)

Plugging in the values:

Principal = $568,000

Interest Rate = 10.8% (expressed as a decimal, 0.108)

Time = 90 days

Maturity Value = $568,000 + ($568,000 * 0.108 * 90/365)

Calculating the maturity value:

Maturity Value = $568,000 + ($568,000 * 0.108 * 0.2466)

Maturity Value = $568,000 + $34,614.48

Maturity Value = $602,614.48

Therefore, the maturity value of the $568,000, 90-day, 10.8% note receivable is $602,614.48 (rounded to two decimal places).

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a callable bond allows the issuer to retire the security prior to maturity.

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A callable bond allows the issuer to retire the security prior to its maturity date. This feature provides flexibility to the issuer but introduces potential risks for bondholders.

A callable bond is a type of bond that provides the issuer with the option to redeem or retire the bond before its scheduled maturity date. This option is typically included in the bond's terms and conditions. When a bond is callable, the issuer has the right, but not the obligation, to repurchase the bond from the bondholders at a predetermined price, known as the call price.

The issuer may choose to call the bond if prevailing market conditions are favorable, such as when interest rates have decreased. By retiring the bond early, the issuer can refinance the debt at a lower interest rate, reducing their borrowing costs.

From the investor's perspective, the callable feature introduces a risk of early redemption. If the bond is called, investors may face reinvestment risk, as they may need to find alternative investment opportunities at potentially lower interest rates. To compensate for this risk, callable bonds often offer higher yields compared to non-callable bonds.

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3-a. prepare a financial analysis and determine which of the two models should be introduced.3-b. the company would be advised to select the enhanced model or basic model.

Answers

It is recommended that the company introduce the enhanced model rather than the basic model. The enhanced model has a shorter payback period, higher NPV, higher profitability index, and higher IRR, indicating that it is more profitable.

Financial analysis is the process of evaluating an organization's financial information to make sound decisions. To decide which of the two models to launch, a financial analysis must be performed. The following is a financial analysis of the two models, taking into account various financial criteria like payback period, net present value, profitability index, and internal rate of return.
Payback Period: Payback period is the time it takes to recoup an initial investment in a project. The enhanced model has a payback period of 2.92 years, while the basic model has a payback period of 3.45 years. The enhanced model has a shorter payback period, which indicates that it is more profitable and can recover its initial cost sooner than the basic model.
Net Present Value: NPV is the difference between the present value of cash inflows and outflows. The enhanced model has an NPV of $1,754,428, while the basic model has an NPV of $826,069. As a result, the enhanced model has a higher NPV than the basic model, indicating that it is more profitable.
Profitability Index: Profitability index is the ratio of present value of cash inflows and outflows. The enhanced model has a profitability index of 1.56, while the basic model has a profitability index of 1.23. The enhanced model has a higher profitability index than the basic model, indicating that it is more profitable.
Internal Rate of Return: IRR is the rate at which the NPV is zero. The enhanced model has an IRR of 20.32%, while the basic model has an IRR of 16.98%. The enhanced model has a higher IRR than the basic model, indicating that it is more profitable.
Based on the above analysis, it is recommended that the company introduce the enhanced model rather than the basic model. The enhanced model has a shorter payback period, higher NPV, higher profitability index, and higher IRR, indicating that it is more profitable.

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Levrier Lighting has 5. 75 percent coupon bonds outstanding that mature in 10 years. The bonds pay interest semiannually. What is the market price per bond if the face value is $1,000 and the yield to maturity is 8. 32 percent

Answers

Levrier Lighting has 5. 75 percent coupon bonds outstanding that mature in 10 years. The bonds pay interest semiannually. the market price per bond is approximately $502.57.

To calculate the market price per bond, we can use the bond pricing formula. The formula is as follows:

Market Price = (Coupon Payment / (1 + Yield/2) ^ (2 x Number of Periods)) + (Face Value / (1 + Yield/2) ^ (2 x Number of Periods))

Given:

Coupon Rate = 5.75% or 0.0575 (expressed as a decimal)

Face Value = $1,000

Yield to Maturity = 8.32% or 0.0832 (expressed as a decimal)

Number of Periods = 10 years * 2 (since interest is paid semiannually)

Now we can substitute these values into the formula:

Market Price = (0.0575 * $1,000 / (1 + 0.0832/2)^(2 * 10)) + ($1,000 / (1 + 0.0832/2)^(2 * 10))

Calculating this, we get:

Market Price = $39.3770 + $463.19

Market Price ≈ $502.567

Therefore, the market price per bond is approximately $502.57. This represents the present value of the bond's future cash flows, which includes the semiannual coupon payments and the face value discounted at the yield to maturity rate.

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How would you describe the interaction between opposite (N-S or S-N) magnetic poles?

Answers

Answer:

They attract to each other

Explanation:  

When two same poles come closer to each other, they are repelled by each other. North and North pole will repel each other and likewise with south pole.

When two different poles come closer to each other, they are attracted to each other. North and South pole with attract each other.

We are asked the interaction between two opposite poles, so the correct answer is that they are attracted to each other.

True or False? A Mastercard credit card is an example of an open-end credit account.

Answers

Answer:

True

Explanation:

Using a credit card issued by a store, a bank card such as VISA or Mastercard, or overdraft protection are examples of open-end credit.Unless you pay off the debt in full each month, you will have to pay a high-rate of interest or other kinds of finance charges for the use of credit.

It is true because you’re allowed to take a thing on credit.

Which three components are characteristics of a Pitch Deck?

10-20 slides, Used To Get Investor Buy-in, and Highly Text-Based

10-20 slides, Used to Get Investors Attention, and Highly Visual

10-100 Pages, Used to Get Investors Attention, and Highly Visual

10-100 Pages, Highly Visual, and Highly Text-Based

Answers

Answer:

The correct answer should be (B) "10-20 slides, Used to Get Investors Attention, and Highly Visual".

Explanation:

It's the answer which makes the most sense within this context. Concise, but intriguing.

please answer asap thanks

please answer asap thanks

Answers

Note that two possible financial goals for which you may require $12,000. are:

1. Saving for a down payment on a car - Need

The average cost of a new car is around $37,000, and the average down payment is around 20%, so $12,000 would be enough for a down payment on a new car.

2. Saving for a vacation - Want

$12,000 can cover the cost of a nice vacation for two people. However, depending on the location and type of vacation you decide to take, you may need to save more money.

What is a financial goal?

A financial objective is something to strive towards while managing your money. It may entail saving, investing, earning, or investing. A list of financial goals is essential for constructing a budget. Working towards your goal is simple when you have a clear vision of what you want.

Financial goals are classified into two types: short-term goals and long-term goals. Each of these goals has a distinct time span, and your plan should account for them.

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manufacturing companies that buy the rights to use a film's characters, title, or images on their products are engaging in

Answers

The paperwork proving the chain of title must be provided by the licensor, which could be the scriptwriter, producer, or production firm.

What kind of distributor is most likely to buy the distribution rights to an independent foreign film?

An international distributor or foreign sales agency will often be hired by a filmmaker for global distribution, and they will be paid a distribution fee that normally ranges from 15 to 30 percent of the film's gross earnings. After deducting its fee, the sales agent will be permitted to recover some distribution costs.

What types of film distribution rights are there?

The two distribution models are leasing and profit-sharing. When a distributor leases a movie, they consent to paying a set sum for the right to release it. With profit-sharing, the distributor receives a portion of earnings from the movie. This proportion typically ranges from 10% to 50%.

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the marlboro man advertising campaign was extremely successful and ran from 1954 to 1999. why would such a campaign not resonate as well with today’s consumers?

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The Marlboro Man advertising campaign, which featured rugged cowboys and promoted Marlboro cigarettes, was indeed highly successful during its run from 1954 to 1999.

However, there are several reasons why such a campaign might not resonate as well with today's consumers:

Changing cultural values: Over the past few decades, there has been a significant shift in societal attitudes towards smoking and health. Smoking is now widely recognized as a major health risk, and there has been a growing emphasis on promoting smoke-free environments and healthier lifestyles. As a result, the glorification of smoking and associated imagery, such as the rugged cowboy, may no longer be seen as appealing or aspirational to many consumers.Increased awareness of health risks: With increased access to information and widespread health education, consumers today are more aware of the harmful effects of smoking. The Marlboro Man campaign was launched at a time when the health risks of smoking were not as widely understood. Nowadays, many people prioritize their health and well-being, making them less likely to be swayed by advertising that promotes a product with known health risks.Regulatory restrictions: Advertising regulations have become more stringent over time, particularly when it comes to tobacco products. Many countries have implemented strict rules on tobacco advertising and marketing, including restrictions on using images or characters that may appeal to young or vulnerable populations. These restrictions limit the ability of tobacco companies to use iconic campaigns like the Marlboro Man to target potential consumers.

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describe the picture below and give it uses.​

describe the picture below and give it uses.

Answers

Answer:

forklift??

Explanation:

Sorry if not, but its used to carry heavy objects one place to another

what do u think? like the video?

Answers

Answer:

Explanation:

Be more specific

Determine whether the policy is an expansionary or contractionary fiscal policy: several military bases around the country, in which together employ tens of thousands of people, are closed.

Answers

The closure of several military bases around the country, which together employ tens of thousands of people, is an example of contractionary fiscal policy. This is because the government is reducing its spending by closing these military bases, which in turn reduces the number of people employed in the military sector.  

This reduction in government spending leads to a decrease in overall economic activity, which can result in a contraction in the economy.
The closure of military bases will have a significant impact on the local economy as well. Many businesses in the surrounding areas may depend on the military personnel for their livelihood, and the closure of these bases could result in a decrease in their revenue. The reduction in government spending can also result in a decrease in consumer spending, as the employees who have lost their jobs may no longer have the income to support their previous levels of spending.
Overall, the closure of military bases is a contractionary fiscal policy that reduces government spending and can lead to a decrease in economic activity. While it may be necessary for the government to implement such policies to address budget deficits or other economic challenges, it is important to consider the potential impacts on the local and national economies.

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please give me ten pros and ten cons for online banking.

Answers

Answer:

ADVANTAGES OF ONLINE BANKING

•Pay bills online

This might be one of the top advantages of online banking because you don’t have to take time out of your day to go to the bank.

•Transfer money

You may need to do a rapid money transfer to a client or vendor, or you may need to transfer money from one account to another.

•Deposit cheques online

Rather than driving to a bank branch and waiting in line, you may be able to deposit cheques online in minutes.

•Lower your overhead fees

If your business banks online, your banking fees may be lower, as online banks may not have to pay for the cost and upkeep of branches, and those savings may be transferred to you.

•24/7 account access.

Whether you’re on vacation or it’s the middle of the night, you can manage your banking.

•Simpler fund transfers.

It’s easy to move funds between your accounts, such as from checking to savings, using online banking.

•Better access to bank records.

Whether you need banking records for tax purposes or personal records, you can download statements and transaction records to print them at home.

•Improved visibility of account balances and transactions.

Knowing your account balances is always a few clicks away. You can also check to make sure a transaction has cleared and keep an eye out for unauthorized transactions so you can dispute them immediately.

•Ability to sync your accounts with your apps.

Online banking allows you to transfer information from your accounts to Quicken, Microsoft Money, Microsoft Excel, and other applications.

•Use of mobile apps.

Many banks allow you to use your mobile devices for online personal banking.

DISADVANTAGES OF ONLINE BANKING

•Technology disruptions

Online banking relies on a strong internet connection.

•Lack of a personal relationship

A personal relationship with your bank may be able to offer an advantage over online banking.

•Privacy and security concerns

Financial institutions have very good security, but no system is foolproof.


•Limited services

Online banking features a lot of services, but some of them still require business owners to go into banks to “wet sign” documents. This includes loan and credit applications, a large cash withdrawal or large deposits.

•Security and Identity Theft Concerns

In general, online banking sites and mobile apps are designed to be secure and banks are continually putting updated security protocols in place.

•Convenient but Not Always Faster

While it may take very little time to deposit a check via a bank's mobile app, you still need to wait for access to your money.

•A Limited Scope of Services

Although you can do quite a bit with an online bank account, such as make deposits, check balances and pay bills, there are limitations to the kinds of services you can access.

•Potential to Overspend

The ability to check account balances in the spur of the moment could potentially cause some people to overspend the limits of their checking accounts.

•Limitations on Deposits

Daily or monthly mobile deposit limitations may make it difficult for individuals, but especially businesses to make large deposits online.

•Low stimulus to savings

Due to the low interest rate that traditional banks usually pay to their savings clients, there is a low saving stimulus.

Assume that all bonds pay semiannual coupons and have par values of $1,000 unless otherwise stated. All work must be shown. The values entered for the menu from the calculator BOND MODE is considered valid "work" only when finding the YTM of a bond on a date in which accrued interest is non-zero.
On 3/25/2016, a bond has exactly eleven years left until maturity and a YTM of 5.0%. The bond has a
coupon rate of 4.0%. 5 pts
a. What is the quoted price on 3/25/2016?
b. What is the bond’s EAR on 3/25/2016?
c. Exactly eighteen months later the quoted price is 104.855. What would be the bond’s YTM and its
current yield given this price?

Answers

The quoted price of the bond on 3/25/2016 is approximately $1,087.54.To calculate the quoted price of the bond on 3/25/2016, we need to find the present value of its future cash flows.

The bond has 11 years remaining until maturity and a coupon rate of 4.0%. Since the bond pays semiannual coupons, there will be 22 coupon payments (11 years * 2). The yield to maturity (YTM) is given as 5.0%.

Using the financial calculator, we can calculate the present value of the bond's cash flows:

N = 22 (number of periods)

I/Y = 5/2 = 2.5 (semiannual yield to maturity)

PMT = 0.04 * 1000/2 = 20 (semiannual coupon payment)

FV = 1000 (par value)

PV = -1000 + (20 * (1 - (1 + 2.5)^-22) / 2) + 1000 / (1 + 2.5)^22

PV ≈ $1,087.54

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A common written method used internally and externally for formal communications such as notices of appointment,promotions or dismissal
A) electronic mail
B) NOTICES
C) letter
D) memorandum

Answers

D) A Memorandum.....

Kim has worked in the tech industry for some time and would like to start consulting. in opening her new business, she will need equipment. she needs to purchase 3 laptops, 2 desktop computers, and a fax machine. each laptop costs $546.78, each desktop computer costs $1,255.99, and the cost of the fax machine is $125.99. she currently has $3,500 in her savings account. determine if kim has enough in her savings account to cover the expenses of her new company, and if she doesn't have enough, determine the amount needed to cover the cost.

Answers

After expenses, Kim will need an additional $778.31 to cover the cost and start her new company.

What is an expense?

An expense is the cost of operations incurred by a business in order to generate revenue.

It is given in the question that Kim needs to purchase 3 laptops, 2 desktop computers, and a fax machine.

Cost of 1 laptop  = $546.78

∴ Cost of 3 laptops = 3×546.78 = $1,640.34

Cost of 1 desktop = $1,255.99

∴  Cost of 2 desktop =2×1,255.99  = $2,511.98

Cost of 1 fax machine =  $125.99.

The total cost for Kim =$( 1,640.34+2,511.98+125.99) = $4278.31

As, Kim has $3,500 in her savings account.

The additional amount needed to start business:

$4278.31-$3,500 = $778.31                                  

Therefore, after expenses, Kim will need an additional $778.31 to start her new company.

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