About 140 million. Hope it helped!
Answer:
6%
Explanation:
Data provided as per question is as given below:-
Redeemed amount = $1,000
Sale value of Bond = $687.25
Number of year = 5
The computation of interest rate is as shown below:-
Interest rate = (Redeemed amount ÷ Sale value of bond) ^ (1 ÷ Number of Year) - 1
= (1,000 ÷ 747.25) ^ (1 ÷ 5) - 1
= (1.338) ^ (0.2) - 1
= 0.06
= 6%
Answer:
207,000
Explanation:
Data provided
Sold units = 218,000
Ending inventory = 13,000
Opening units = 24,000
The computation of units during September is shown below:-
Number of units manufactured during the year = Sold units + Ending inventory - Opening units
= 218,000 + 13,000 - 24,000
= 231,000 - 24,000
= 207,000
Therefore for computing the number of units manufactured during the year we simply applied the above formula.
