Answer:
$100,000= cost of goods manufactured
Explanation:
Giving the following information:
Kushman Industries has $40,000 of ending finished goods inventory.
Beginning finished goods inventory was $20,000
Cost of goods sold was $80,000
To calculate the cost of goods manufactured, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
80,000 = 20,000 + cost of goods manufactured - 40,000
$100,000= cost of goods manufactured
Petroleum is burned by people as energy. Both air pollution and climate change are made worse by the petroleum made from tar sands oil.
Petroleum is Extraction of petroleum from oil sands causes environmental degradation at the extraction site and its surroundings burned by people as energy. Both air pollution and climate change are made worse by the petroleum made from tar sands oil. When petroleum is extracted from oil sands, the ecosystem is harmed both at the extraction site and in the area where it is burned for energy. The petroleum produced from tar sands oil exacerbates both climate change and air pollution.
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Answer:
Congressman Smith's bill because it will reduce the overuse of the parks
Explanation:
When people use the park, their activities are more likely to create some sort of degradation to the parks quality. For example, children can spoil their drinks and foods there, pulling out the grass, destroying the land while playing sports, etc.
As the price of a certain product increase, the demand for that product would decrease. Increasing the entrance fees will lead lesser amount of people who enter the park. This will minimize the degradation process
Answer:
16.16%
Explanation:
The formula to compute the expected rate of return is shown below:
-
Expected rate of return = (Weightage of Stock G × Expected Returns G) + (Weightage of Stock J × Expected Returns J) + (Weightage of Stock K × Expected Returns K)
= (16% × 10%) + (56% × 16%) + (28% × 20%)
= (0.16 × 0.1) + (0.56 × 0.16) + (0.28 × 0.20)
= 0.016 + 0.0896 + 0.056
= 0.1616
= 16.16%
Answer:
a. $880.74
b. 13 years
Explanation:
a. Conversion ratio = Current Value of bond / Conversion price = 1,000 / 93.4 = 10.71
Conversion price of bond = 10.71 × 28.60 = $306.31
Coupon = Par value of bond * Coupon rate = $1,000 * 6.4% = $64
Present value of straight debt is calculated below:
Present Value = $64 × [1-(1+7.4%)^-30 / 7.4%] + [$1,000 / (1+7.4%)^30]
= $64*11.93 + $117.46
= $763.28 + $117.46
= $880.74
.
Therefore, the minimum value of bond is $880.74
b. Conversion ratio = 10.71
Current stock price = $28.6
Suppose number of year the stock will take to reach above $1,140 is t.
Conversion value = Current stock price * Conversion ratio*(1+10.8%)^t
$1,140 = $28.6 * 10.71 * (1.108)^t
(1.108)^t = 3.7218
t = 12.8145 year.
t = 13 years
