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GenaCL600 [577]
3 years ago
8

Whats the estimate sum for 3/56+8/9

Business
1 answer:
valentinak56 [21]3 years ago
4 0
You can make 9 into a fraction with the denominator of 56.

8/9= 48/56 (multiply both by 6)

Just add three to the numerator. We can round 48 to 50, so:

50/56+3/56= 53/56 That would be the estimation.

I hope this helps!
~kaikers
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Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua
CaHeK987 [17]

Answer:

The current price of the bond would be € 898.87

Explanation:

Hi, we need to bring to present value the coupon payments and also the face value of the coupon in order to find the price of this bond, that can be done by using the following formula.

Price=\frac{Coupon((1+Yield)^{n}-1) }{Yield(1+Yield)^{n} } +\frac{FaceValue}{(1+Yield)^{n} }

Where:

Coupon = 1,000*0.078=78

Yield = 0.089 (or 8.9%)

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n = 20 coupon payments

So, everything should look like this.

Price=\frac{78((1+0.089)^{20}-1) }{0.089(1+0.089)^{20} } +\frac{1,000}{(1+0.089)^{20} }

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Therefore, the price of this bond is € 898.87

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7 0
2 years ago
Bellue Incorporated manufactures a single product. Variable costing net operating income was $92,400 last year and its inventory
s2008m [1.1K]

Answer:

6,000

Explanation:

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The inventory is 3100 units

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3 years ago
According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equipm
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Answer:

A.

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First step is to find the EBIT

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Second step is to compute the times interest earned ratios for 2016 and 2015 using this formula

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Let plug in the formula

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Therefore the Time interest earned will be :

2015 37.7

2016 12.9

2. Yes Computer Tycoon generate sufficient net income in both 2015 and 2016 before taxes and interest in order to cover the cost of debt financing.

8 0
3 years ago
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