1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga2289 [7]
3 years ago
11

A customer buys 10 Allied Corporation 8% debentures, M '25, at 90 on Tuesday, Oct 9th. The interest payment dates are Feb. 1 and

Aug. 1. The trade settled on Thursday, October 11th. The annual interest payments amount to:
Business
1 answer:
pshichka [43]3 years ago
5 0

Based on the information given the annual interest payments amount to:$800.

<h3>Annual interest payments:</h3>

The 10M represent 1-1,000 bonds which is $10,000

Using this formula

Annual interest payment= Interest rate annually×Bonds

Where:

Interest rate annually=8%

Bonds=$10,000

Let plug in the formula

Annual interest payment=8% of $10,000

Annual interest payment=$800

Inconclusion the annual interest payments amount to:$800.

Learn more about annual interest payment here:brainly.com/question/2151013

You might be interested in
If the rate of interest increases 1 percent, what will be the bond’s new price
trasher [3.6K]
Not enough information. need original interest and possibly bond type
4 0
4 years ago
The theory of consumer behavior assumes that - consumers behave rationally, attempting to maximize their satisfaction - consumer
earnstyle [38]

Answer:

Consumers behave rationally, attempting to maximize their satisfaction.

Explanation:

The principle assumption upon which the theory of consumer behavior and demand is built is:

A consumer attempt to allocate their limited money income among available goods and services so as to maximize their utility (satisfaction).

Utility is described as an amount of satisfaction derived from the consumption of a commodity. Measurement units is utils.

Assume that consumers have complete information about availability, prices and utility levels of all goods and services. All bundles of goods can be ranked based on their ability to provide utility.

The theory is useful for understanding the demand side of the market.

7 0
3 years ago
unland Company has the following data: direct labor $238,000, direct materials used $199,000, total manufacturing overhead $248,
labwork [276]

Answer:

(a) Total manufacturing costs = $685,000

(b) Total cost of work in process = $721,000

Explanation:

(a) Compute total manufacturing costs.

Total manufacturing cost can be described as the total cost that a manufacturing company incurred within a reporting period to produce goods.  This can be computed using the information provided in the question as follows:

Total manufacturing cost = Direct materials used + Direct Labor + Total manufacturing overhead = $199,000 + $238,000 + $248,000 = $685,000

(b) Compute total cost of work in process.

Total cost of work in process refers to the aggregate cost of partially completed goods. This can be computed using the information provided in the question as follows:

Total cost of work in process = Beginning work in process + Total manufacturing costs = $36,000 + $685,000 = $721,000

7 0
3 years ago
Q efectos produce sobre el consumidor la absolesencia programada<br>​
k0ka [10]

Answer:

hola aqui te va la respuesta y espero que te sirva

Explanation:

Son nefastas para nuestro planeta, produciendo mas de 215.000 toneladas de residuos en aparatos electrónicos

5 0
3 years ago
Kent Manufacturing produces a product that sells for $50.00 and has variable costs of $24.00 per unit. Fixed costs are $260,000.
Verdich [7]

Answer:

d. 9,200 units.

Explanation:

The computation is shown below for break-even points in units:

= (Fixed expenses ) ÷ (Contribution margin per unit)  

where,  

Fixed costs = $260,000 + $11,400 = $271,400

Contribution margin per unit = Selling price per unit - variable cost per unit

= $50 - $20.5

= $29.5

Now put these values to the above formula  

So, the units would equal to

= $271,400 ÷ $29.5

= 9,200 units

7 0
3 years ago
Other questions:
  • Arriving 20 minutes early to an interview _____.
    5·2 answers
  • Nancy Henderson is a saleswoman for a manufacturer of small kitchen appliances. She does not directly solicit orders. Her primar
    13·1 answer
  • Manning Company uses the percentage of receivables method for recording bad debts expense. At the end of the year (before adjust
    9·1 answer
  • "The degree to which a customer’s experience with a product or organization meets or exceeds his or her expectations is often re
    13·1 answer
  • Pioche Company is considering selling a "premium" version of one of its products. The following information is available. The ad
    10·1 answer
  • Peter invests $100,000 in an account that pays 12% annual interest: the interest is paid once, at the end of the year. Martha in
    6·1 answer
  • On March​ 18, James Smith purchased $7,000.00 of furniture from Home Furnishings on account. The cost of the goods was $4,200.00
    14·1 answer
  • A buyer and seller agree upon the price of an item. What type of price is this
    9·1 answer
  • The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $27,000 per year fo
    14·1 answer
  • Explain the role of the Board of<br>Directors in a public company?<br>Provide FOUR points.​
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!