Your manager wants to add more client pcs to an office, but there are not enough ports available. what device should be added to
1 answer:
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Answer:
Min number required = 36742.44878 rounded off to 36743 bonds
Explanation:
To calculate the minimum number of bonds that must be sold, we first need to calculate the bonds price.
To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,
Coupon Payment (C) = 1,000 * 0.062 * 6/12 = $31
Total periods (n) = 20 * 2 = 40
r or YTM = 0.0775 * 6/12 = 0.03875 or 3.875%
The formula to calculate the price of the bonds today is attached.
Bond Price = 31 * [( 1 - (1+0.03875)^-40) / 0.03875] + 1000 / (1+0.03875)^40
Bond Price = $843.7107767 rounded off to $843.71
The bonds will sell at a price of $843.71 today.
So the minimum number of bonds that must be sold is,
Min number required = 31,000,000 / 843.7107767
Min number required = 36742.44878 rounded off to 36743 bonds
Answer:
Explanation:
The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
= $52,000 + $34,000 - $12,000
= $74,000
And, the ending balance of the common stock = Beginning balance of common stock + issued shares
= $71,000 + $20,000
= $91,000
The preparation of the statement of stockholders’ equity is presented in the spreadsheet. Kindly find the attachment below:
