Answer:
Number of coupon payments = 13.5*2= 27
Coupon = 6%*1000/2= 30
Let rate be r
Present value of all future payments = $87
875 = 30*(1-1/(1+r)^27)/r + 1000/(1+r)^27
R= 3.74%
Nominal rate = 3.74%*2 = 7.49%
The new brands with small market share are smaller and need to become more known and the ones with large market sales don’t need to well because their already a large company which means they are known and are doing well in sales
Answer and Explanation:
The calculation is given below:
Fabricating department
The budgeted cost is
= $9,280 ÷ 640 hours × 600 hours + $2,300
= $8,700 + $2,300
= $11,000
Grinding department
= $159,600 ÷ 7,600 hours × 9,500 hours + $56,000
= $199,500 + $56,000
= $255,500
In this way the budgeted cost should be determined
Michael Harrington's philosophy made the most sense for Americans during the 1960s economy. He wrote a book exposing the truth behind Americans who are living in extreme poverty and migrants of the country that were living under the "ideal" American life. His book also changed the perspective of America's leader, John F. Kennedy.