Answer:
A Bond's current market value represented by 
is the present value of a bond as on today. Present value of a bond is it's future cash flows in the form of coupon payments and principal repayment discounted at investor's expectation in the market also referred to as Yield to maturity(YTM).
Present value of a bond is given by the following equation,
where C= Annual coupon payments
YTM = Yield to maturity/ cost of debt/ market rate of return on similarly priced bonds
RV = Redemption value of bond
n = number of years to maturity
<u>a. A bond's coupon rate is higher than it's yield to maturity, then the bond will sell for more than face value.</u>
Hence, if the company pays more interest than what is paid in the market on similarly priced bonds, such bonds shall sell at more than their face value.
<u>b. If a bond's coupon rate is lower than it's yield to maturity, then the bond's price will increase over it's remaining maturity.</u>
Similarly, if a bond pays lower rate of interest than the market rate of interest on similarly priced bonds, the bond shall sell at lower than it's face value and the price will increase over the remaining life of such bonds.
Answer:
Becker Company
The amount that Becker will report as Accumulated Other Comprehensive Income on the Year 2 balance sheet is:
= $22,800.
Explanation:
a) Data and Calculations:
Year 2 Beginning balance:
Accumulated other comprehensive income (AOCI) = $10,800 credit
Year 2 reported net income = $653,000
Unrealized gain during Year 2 = $12,000
The Accumulated Other Comprehensive Income on the Year 2 balance sheet is:
Beginning balance $10,800
Unrealized gain 12,000
AOCI for Year 2 = $22,800
b) Becker's Accumulated Other Comprehensive Income includes unrealized gains and losses arising from some investments, pension plans, and hedging transactions. These are usually reported in the equity section of the balance sheet and then netted off from the retained earnings.
Answer:
P = $75 per club
n= 75,000 clubs
Explanation:
The demand and supply functions are:
The equilibrium price is the price that yields a quantity demanded equal to the quantity supplied:
The number of units sold at that price is:
Answer:
![\left[\begin{array}{ccccc}& &September&October&November\\&$sales&6000&6800&5600\\&$Desired ending&4760&3920&4270\\&$Total Needs&10760&10720&9870\\&$beginning&4200&4760&3920\\&$Production Requirement&6560&5960&5950\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%26%09%26September%26October%26November%5C%5C%26%24sales%266000%266800%265600%5C%5C%26%24Desired%20ending%264760%263920%264270%5C%5C%26%24Total%20Needs%2610760%2610720%269870%5C%5C%26%24beginning%264200%264760%263920%5C%5C%26%24Production%20Requirement%266560%265960%265950%5C%5C%5Cend%7Barray%7D%5Cright%5D)
MISSING INFORMATION ATTACHED
Explanation:
The sales forecasted plus the desired ending inventory is the complete needs the sales department expect to be fullfill
Then, as the company has a beginning invneotry each period a portion of this needs is already fullfil thus, the difference are the production requirements.
Answer:
Downward sloping; horizontal line; demand; large number of competitors
Explanation:
A monopoly is a market structure where there is only a single firm in the market. This firm is a price maker. It can charge whatever price it wants, but the consumers will demand more at a lower price.
That is why the demand curve of a monopoly is downward sloping and the same as the market demand curve.
A perfectly competitive market refers to the market structure where there is a large number of buyers and sellers. These firms are price takers. They face a horizontal line demand curve. This is because of a large number of competitors producing homogenous products. So if a firm raises its prices the consumers will move to the firm at a lower price.
The market demand curve though is downward sloping.
