Tim Sport bought four bonds of ABC 6 1/2 16 at 78.125. Can you help Tima. Calculate the total annual interest.b. Calculate the total cost.c. Calculate current yield. (Round your answer to the nearest tenth percent.)

What will be an ideal response?


A. $260; B. $3,125; C. 8.3%

Business

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Henry Jones contributed equipment, inventory, and $44,000 cash to the partnership. The equipment had a book value of $35,000 and market value of $28,000 . The inventory had a book value of $25,000, but only had a market value of $12,000 due to obsolescence. The partnership also assumed a $15,000 note payable owed by Henry that was originally used to purchase the equipment. What amount should be

recorded to Henry's capital account? a. $104,000 b. $89,000 c. $69,000 d. $84,000

Business

Which of the following is most likely a characteristic of firms that adopt a reactive approach toward the marketing environment?

A) They develop strategies to change the marketing environment. B) They take advantage of the opportunities provided by the environment. C) They take aggressive actions to affect the marketing environment. D) They view the marketing environment as a controllable element. E) They do not accept the marketing environment as it is.

Business

Sellers should know that the less elastic the demand for their product, the more advantageous it is for them to ________

A) drop the price B) raise the price C) maintain the price D) discontinue the item E) bundle the item with another product

Business

Which of the following is consistent with the persuasive advertising objective?

A) advertisements introducing a new variant of a popular dishwashing liquid B) advertisements comparing a brand of anti-dandruff shampoo favorably with its competitors' brands C) advertisements congratulating and thanking the first million buyers of a successful car brand D) advertisements asking buyers of a computer printer brand to use only authentic ink cartridges

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