Answer: $471,324.61
Explanation:
Price of a bond = Present value of coupon payments + Present value of face value at maturity
Coupon payments = 500,000 * 11% * 1/2 years = $27,500
Periodic yield = 12%/ 2 = 6% per semi annual period
Periods = 10 * 2 = 20 semi annual periods
Coupon payment is constant so it is an annuity.
Price of bond = Present value of annuity + Present value of face value at maturity
= (Annuity * Present value interest factor of Annuity, 6%, 20 years) + Face value / (1 + rate) ^ number of periods
= (27,500 * 11.4699) + 500,000 / (1 + 6%)²⁰
= $471,324.61
The American Federation of Labor (AFL) was formed by Samuel Gompers, who was inspipred by Marxism. It has success in lobbying Congress for better working conditions. Samuel Gompers was an American Labor Union Leader and remained a key figure in changing American labor history.
Answer:
B) The beekeeper is a first-tier supplier of the local restaurant.
Explanation:
The first-tier supplier is one that provides parts and materials directly to a manufacturer of goods. In this case the beekeeper is the first-tier supplier and he supplies the honey in quart jars to the baker who makes the confections.
Answer:
I have attached the excel file which shows the entire calculation of all the parts of your question. Majority of the numbers are linked so that its easy for you to understand. Key points before you look into file.
1) Number of units have derived by dividing revenue over sales price per unit which is $5
2) Production units are calculated by dividing total sales unit by 12 (as mentioned in the question)
3)Keep in mind that 80% of revenue will be received next month of the sales therefore also include in January sales receipt the 80% revenue of previous month
Explanation:
Answer:
Marginal revenue
Explanation:
Marginal revenue is the additional income attributed to the sale of an extra unit. It is the income a business generates by selling one more unit of a product. Marginal revenue (MR) is compared to Marginal cost( MC) to determine if a business should continue with production and selling activities. If marginal revenue is greater or equal to marginal costs, the company should proceed with production and selling.
