Answer:
interest rate is 2.25 %
Explanation:
given data
sell bond = $715
bond matures = 15 years
redeem = $1,000
solution
we apply here formula that is
amount = principal × 
................1
here put value and we get
1000 = 715 × (1+r)^{15}
= 
solve it we get
r = 0.022617
so rate is 2.25 %
Answer:
The margin of safety as a percent of sales is 25%
Explanation:
Break-even is the level of sales at which business has no profit no loss situation.
Break-even point = Fixed cost / Contribution margin ratio = $36,000 / 24% = $150,000
Margin of safety is the level of sales at which the business is safe from making loss. Margin of safety measures the profit after the break-even point.
Margin of Safety = Total sales - Break-even point = $200,000 - $150,000 = $50,000
Margin of safety to sales = ( $50,000 / $200,000 ) x 100 = 0.25 x 100 = 25%
Answer: Carrie's Balance Sheet (January 1, 2021)
Explanation:
The heading of the balance sheet should include as much as possible, the month and year of the balance sheet. It can also include the exact date.
This is done so that the Balance sheet can have a particular reference date such that stakeholders who use the balance sheet can know relate the financial performance of the company as of a certain day which would enable for better analysis.
Answer:
variable costs of $45,500 and $33,000 of fixed costs
Explanation:
The computation of the variable cost and the fixed cost is shown below:
The fixed cost is $33,000
And, the variable cost is
= 39,000 ÷ 6,000 units × 7,000 units
= $45,500
Therefore variable costs of $45,500 and $33,000 of fixed costs
Hence, the same is to be considered and relevant
