Answer:
The correct option is B,7.70%
Explanation:
Annual coupon interest rate=coupon payment/face value
the coupon payment is the semi-annual interest payment*2
the semi-annual interest payment can be computed using the pmt formula in excel:
=pmt(rate,nper,-pv,fv)
rate is the semi-annual yield to maturity which is 9.25%/2=4.625%
nper is the number of semi-annual interest payable by the bond which is 25*2=50
pv is the current price of the bond which is $850
fv is the face value of the bond at $1000
=pmt(4.625%,50,-850,1000)
pmt=$38.50
annual interest =$38.50*2=$77.00
Annual coupon interest=$77/$1000=7.7%
Answer: The correct answer is C Product.
Explanation: Product mix is just like providing product details and how many products a company can offer to its customers. It means that when multiple products are marketed together, it creates a brand name while if they are marketed individually it might not create the same impact. Since create a brand name will be a part of Product as there are different products which are marketed together.
Answer:
This type of income is known as non-operating income in the financial statements
Explanation:
Non-operating income, as the world implies, is the income that a firm earns from activities that are not related to its main economic activity. An example would be a mall, whose main activity is the rental and management of commercial real estate, earning some income from short-term investments in the secondary market. This interest would be reported as non-operating income, and would be treated as such for financial, accounting, and tax purposes.
Answer:
Realized gain $110,000
Recognized gain $110,000
Explanation:
The computation of the Tonya's realized and recognized gain is shown below:
Amount realized by Tonya (fair market value) $560,000
Less; Amount given by Tonya
Yacht: adjusted basis ($250000)
Assumption of Nancy's mortgage ($200000)
Realized gain $110,000
Recognized gain $110,000
Answer:
Unitary prime cost= $170.24
Explanation:
Giving the following information:
Last month, direct materials (electronic components, etc.) costing $550,000 were put into production.
Direct labor= $880,000.
Manufacturing overhead equaled $495,000
The company manufactured 8,400 television sets during the month.
Unitary prime cost= (direct material + direct labor)/number of units
Unitary prime cost= (550000 + 880000)/8400= $170.24
