Answer:
An area with younger people will have a higher demand for rentals and a lower demand for buying.
Answer:
B) The coupon rate could be less than, equal to, or greater than 6%, depending on the specific terms set, but in the real world the convertible feature would probably cause the coupon rate to be less than 6%.
Explanation:
Amram Inc. is issuing two bonds, one is not convertible and the other one is convertible and callable. Regardless of the coupon rate that they plan to set, convertible and callable bonds will usually (almost always) have a coupon rate that is lower than non-convertible or non-callable bonds.
Convertible bonds are bonds that can be converted or exchanged to common stock. Since convertible bonds offer more investment options, their risk is lower than non-convertible bonds.
Callable bonds is a bond that can be redeemed before the maturity date.
Answer:
Straight salary compensation plan
Explanation:
- The correct answer is Straight salary compensation plan because here Bush company of Refrigeration has placed Daniel on a straight salary compensation plan
- As the Straight Pay Compensation Scheme is a form of payment that a company hires at a certain point in time that does not affect employee performance.
Answer:
Ethics of accounting information is providing accounting information to make good economic decisions in the financial statement of the organization.
Explanation:
Answer
(a) 3858 Units
(b) 4372 Units
Explanation
SP = Selling price per unit = $150 per unit
VC = Variable cost per unit = $80 per unit
TFC = Total Fixed Cost = $270,000
(a) Break-Even Point (Units) = Fixed Costs ÷ (Revenue per Unit – Variable Cost per Unit)
= $270,000 ÷ ( $150 per unit - $80 per unit )
= 3857.14 ≅ 3858 Units
(b)
x = Number of units
TR = Total Revenue = $150x
TC = Total Costs = Total Fixed Cost + Total Variable Cost
TC = $270,000 + $80x
Target Profit = $36,000
Total profit = Total Revenue - Total Costs
36000 = 150x - ( 270000 + 80x)
306000 = 70x
x = 4371.42 ≅ 4372 Units
