Answer:
Pharaoh will have to pay $1,084.47 for every outstanding bond that it retires.
Explanation:
if the market rate is 9.5%, then the price of outstanding bonds is:
PV of face value = $1,000 / (1 + 4.75%)¹⁴ = $522.21
PV of coupon payments = $55 x 10.22283 (PV annuity factor, 4.5%, 14 periods) = $562.26
market price = $1,084.47
<u>Given:</u>
Total assets before journalizing and posting the adjusting = $128,800
Expired insurance = $800
Expired rent = $2,400
Depreciation = $900
<u>To find:</u>
Total assets after journalizing and posting the adjusting
<u>Solution:</u>
To determine the value of the total assets after journalizing and posting the adjustment, we have to subtract all the given values i.e, the expired rent, expired insurance and the depreciation values from the total assets before journalizing and posting the adjusting.
The calculation is as follows,
Total assets after journalizing and posting the adjusting
Therefore, the required value of the total assets after journalizing and posting the adjusting is $124,700.
Answer:
Usage Rate.
Explanation:
A company is targeting consumers who have not purchased its products for several months. It is segmenting the consumer market based on usage rate. It is one of the type of behavioral segmentation where markets are segmented on the basis of consumers knowledge, response towards product, usage rate and attitude. Marketers divide the markets into nonusers, ex-users, potential users, first time users and regular users in order to target them accordingly.
Answer:
$6,689
Explanation:
As we know that the inventory should be recorded at cost or net realizable value which ever is lower
Particulars Item Units Unit Cost Net Realizable Value LCNRV
Minolta 7 $175 $157 $157
Canon 11 142 176 $142
Vivitar 14 130 111 $111
Kodak 17 120 132 $120
So, the amount of ending inventory is
= 7 units × $157 + 11 units × $142 + 14 units × $111 + 17 units × $120
= $1,099 + $1,562 + $1,988 + $2,040
= $6,689
