Answer:
Net income= $15,807
Explanation:
Giving the following information:
Selling price= $110 per unit
Unitary variable cost= $45
At a sales volume of 350 units, net income is $10,932.
<u>First, we need to calculate the fixed costs:</u>
Fixed costs= total contribution margin - net income
Fixed costs= 350*(110 - 45) - 10,932
Fixed costs= $11,818
<u>Now, the net income for 435 units:</u>
Net income= total contribution margin - fixed costs
Net income= 425*65 - 11,818
Net income= $15,807
Brantley's stockbroker calls him and tells him about an upcoming IPO that she believes is undervalued and suggests that Brantley buy some shares. If Brantley takes his broker's suggestion and buys the shares, this would take place in the stock market.
Macroeconomics focal point on a few essential statistics, real GDP, unemployment, and inflation because it is too tough to process all of the data in each market or for every good or service in the economy. By using these three abstract it measures economists can obtain some insight into the health of the economy as a whole.
Answer:
I think for this would most likely have to be C
Explanation:
I'd have to say that since if you were to keep calling people out for it it sorta defeats the purpose? something like that-
Answer:
$1,138.92
Explanation:
Current bond price can be calculated present value (PV) of cash flows formula below:
Current price or PV of bond = C{[1 - (1 + i)^-n] ÷ i} + {M × (1 + i)^-n} ...... (1)
Where:
Face value = $1,000
r = coupon rate = 7.2% annually = (7.2% ÷ 2) semiannually = 3.6% semiannually
C = Amount of semiannual interest payment = Face value × r
C = $1,000 × 3.6% = $36
n = number of payment periods remaining = (12 - 1) × 2 = 22
i = YTM = 5.5% annually = (5.5% ÷ 2) semiannually = 2.75% semiannually = 0.0275 semiannually
M = value at maturity = face value = $1,000
Substituting the values into equation (1), we have:
PV of bond = 36{[1 - (1 + 0.0275)^-22] ÷ 0.0275} + {1,000 × (1 + 0.0275)^-22}
PV of bond = $1,138.92.
Therefore, the current bond price is $1,138.92.