Answer:
The bond will sell for the amount of $869.17
Explanation:
According to the given data coupon amount = 50/2 = 25
Therefore, in order to calculate the selling price of the bond we would have to make the following calculation:
selling price of the bond = 25 * PVIFA(3%,52) + 1,000 * PVIF(3%,52)
selling price of the bond= 25 * 26.1662 + 1,000 * 0.2150
selling price of the bond= $869.17
The bond will sell for the amount of $869.17
When a product is scarce, consumers are faced with conducting their own cost-benefit analysis; a product in high demand but low supply will likely be expensive. ... This means that a consumer should only purchase the product if they see a greater benefit from having the product than the cost associated with obtaining it.
Answer:
$16,050
Explanation:
The computation of the total amount of the period cost is shown below:
= Sales commission per unit × number of units sold + Fixed selling and administrative expense + Variable administrative expense per unit × number of units sold
= $1.80 × 4,500 units + $6,600 + $0.30 × 4,500 units
= $8,100 + $6,600 + $1,350
= $16,050
Answer:
Part (a) The net income of carter is $115 million.
Part (b) The closing cash balance at the end of year is $360.
Explanation:
Part (a) Net Income Computation:
Sales $825
Cost of goods sold <u>(</u><u>$290</u><u>)</u>
Gross Profit $535
Other Expenses <u>(</u><u>$425</u><u>)</u>
Net income $115 Million
Part (b) The cash balance of Carter is not dependent on non cash flows. So the cash transactions would be considered here for cash balance computation.
Opening Cash position $290
Collection from Sales $710
Inventory Invoices paid ($350)
For Everything <u>($290)</u>
Closing Cash balance $360
Answer:
An employee's funds grow tax deferred in the plan. They don't pay taxes on investment earnings until they withdraw their money from the plan. An employee will pay income taxes and possibly an early withdrawal penalty if they withdraw their money from the plan.
Explanation:
I hope this helps. :D
