Answer: $3,704,040
Explanation:
The issue/ selling price of a bond is calculated by the formula:
= Present value of coupon payments + Present value of face value
The coupon payments will be an annuity and in cash terms are:
= 8% * 4,500,000
= $360,000
Selling price:
= (360,000 * Present value of an ordinary annuity factor, 11%, 10 periods) + (4,500,000 * Present value discount factor, 11%, 10 periods)
= (360,000 * 5.889) + (4,500,000 * 0.352)
= $3,704,040
<span>Commercialization, is the stage in new product development, is the full introduction of a complete marketing strategy and the launch of the product for commercial success.After that only we can come to know whether the product is commercially successful or not.when the product is commercially successful one can go for full-scale production of the product.</span>
The correct answer is flex time.
Wayne is working under a system of flex time. Flex time is a system of working a set number of hours with the starting and finishing times chosen within agreed limits by the employee.
Answer:
$90
Explanation:
Victor's Vacuum Sales Co. sells high quality vacuums and provides a one-year warranty on all new sales. Based on history, Victor anticipates that 3% of vacuums will be returned at a cost of $30 per vacuum. During the month, Victor sold 100 vacuums for a total of $35,000. At the end of the month, Victor will record $90 in Warranty Expense.
100 x .03 x $30 = $90
Answer:
contribution margin ratio= 0.86
Explanation:
Giving the following information:
Young Company budgets sales of $970,000
Variable costs of $135,800.
<u>To calculate the contribution margin ratio, we need to use the following formula:</u>
contribution margin ratio= contribution margin / sales
contribution margin ratio= (970,000 - 135,800) / 970,000
contribution margin ratio= 0.86
