Omar is presenting a persuasive speech to convince his class to begin investing for retirement early in life. He begins with a p

Response:

$20,000

Clarification:

At the issuance of the bond, the bond discount is calculated as follows:

= Value of Bonds issued -  [(Value of Bonds issued ÷ 100) × Issue price]

= 705,000 - [($705,000 ÷ 100) × 98]

= $705,000 - $690,900

= $14,100

Bond Payable equals $705,000

The unamortized bond discount is calculated as:

= Bond discount at issuance - Amortized amount

= $14,100 - $8,200

= $5,900

Redemption Value of Bond is determined by:

= Retired price of bonds × 7,050

= 102 × 7,050

= $719,100

Loss on retirement of the Bond is calculated as:

= Redemption Value of Bond - (Value of Bonds issued -  Unamortized bond discount)

= 719,100 - (705,000 - 5,900)

= 719,100 - 699,100

= $20,000

Answer:

The RB37 likely finds itself in the decline phase of the product life cycle.

Explanation:

The decline phase of a product's life cycle indicates a decrease in revenue attributed to market oversaturation, intense competition, and shifting consumer demands. During this phase, businesses may consider several strategies: they might opt to cease producing the product, transfer manufacturing rights to another company that can compete more effectively, or maintain the product by introducing new features, exploring alternative uses, or reaching out to new markets via exports. It is typical during this stage for packaging to claim “new and improved.”

Answer:

e) $23.89

Explanation:

To find the present value of Canine Crates shares today, based on a return rate of 13%, we must first compute the annual value derived from dividends over three years as follows

D1= The yearly dividend x 2 ( Canine Crates intends to double the dividend each year for three years

D1= $0.45 x 2 = $0.9D2= $0.90 x 2 = $1.80

D3= $1.80 x 2 = $3.60

Subsequently, we calculate the stock’s value by summing the present values of each year's dividends.

This is founded on the following formula

= Dividend per year

r = required rate

n= period

Stock value = $0.9 / (1.13) + $1.80 / (1.13)∧2 + $3.60/ (1.13)∧3

Final stock valuation = $23.89