_______ in active circulation includes money in everyone's pockets and is part of _____

Coronado Industries reported total manufacturing costs of $450000, manufacturing overhead totaling $68000, and direct materials

Novosadov [1.4K]

Answer:

$296,000

Explanation:

Calculation for How much is direct labor cost

Using this formula

Direct labor cost=Total manufacturing costs-Manufacturing overhead totaling-Direct materials totaling

Let plug in the formula

Direct labor cost=$450,000 - $68,000 - $86,000

Direct labor cost=$296,000

Therefore the direct labor cost will be $296,000

6 0

3 years ago

Bond X is a premium bond making semiannual payments. The bond has a coupon rate of 9.3 percent, a YTM of 7.3 percent, and has 18

Natali [406]

The figure for the par value of bond is wrong. The correct figure is $1000. The complete question is,

Bond X is a premium bond making semiannual payments. The bond has a coupon rate of 9.3 percent, a YTM of 7.3 percent, and has 18 years to maturity. Bond Y is a discount bond making semiannual payments. This bond has a coupon rate of 7.3 percent, a YTM of 9.3 percent, and also has 18 years to maturity. Assume the interest rates remain unchanged and both bonds have a par value of $1,000.

What are the prices of these bonds today?

Answer:

a)

The current price of Bond X is $1198.60

b)

The current price of Bond Y is $826.82

Explanation:

The bond's price is calculated as the sum of the present value of the annuity of interest payments by the bond and the present value of the face value of the bond that will be received at maturity. The discount rate used to calculate the present values is the market interest rate or YTM.

As both the bonds are semiannual bonds, we will use the semi annual coupon payment, the semi annual percentage of YTM and the number of semi annual periods outstanding.

For Bond X

Semi annual coupon payment = 1000 * 0.093 * 6/12 = $46.5

Number of semiannual periods till maturity = 18 * 2 = 36 periods

Semi annual YTM rate = 7.3% / 2 = 3.65%

Price of bond = 46.5 * [ (1 - (1+0.0365)^-36) / 0.0365 ] + 1000 / (1+0.0365)^36

Price of bond = $1198.6002 rounded off to $1198.60

For Bond Y

Semi annual coupon payment = 1000 * 0.073 * 6/12 = $36.5

Number of semiannual periods till maturity = 18 * 2 = 36 periods

Semi annual YTM rate = 9.3% / 2 = 4.65%

Price of bond = 36.5 * [ (1 - (1+0.0465)^-36) / 0.0465 ] + 1000 / (1+0.0465)^36

Price of bond = $826.819 rounded off to $826.82

8 0

3 years ago

An example of a poor study environment is a place with

juin [17]

Answer:

A place with a lot of noise, poorly lit, and distractions

6 0

3 years ago

Read 2 more answers

is an arrangement under which an investment banker agrees to purchase all shares of a public offering at an agreed-upon price. a

Andreyy89

What is Investment Banker?

Investment bankers advise businesses and, in certain situations, governments on financial matters. They assist their clients in fund raising. That could entail issuing stock, putting a bond on the market, negotiating the purchase of a competing business, or setting up the sale of the firm as a whole. Famously, investment bankers play a major part in the initial public offers (IPOs) of emerging companies getting ready to go public. That is merely one of their work assignments, though.

What is A Private Placement?

A private placement is when stock or bonds are sold to institutions and investors who have been hand-picked rather than on the open market. It is a substitute for an initial public offering (IPO) for a business looking to raise money for growth.

Wealthy individual investors, banks and other financial institutions, mutual funds, insurance companies, and pension funds are among the investors asked to take part in private placement programs.

A private placement is the sale of securities to a small group of organizations and people.

Comparatively speaking to the open market, private placements are less strictly regulated.

Startups today frequently use private sales in order to raise capital and delay or avoid an initial public offering (IPO).

To learn More about investment banker from the given link.

brainly.com/question/12301548

#SPJ4

8 0

2 years ago

Which of the following acronyms refers to the international forum that was created for member countries to engage in the negotia

Lina20 [59]

Answer:

correct answer is B. GATT

Explanation:

solution

GATT ( General Agreement on Tariffs and Trade ) it is legal agreement between the many country

there purpose was only to promote for the international trade by reduce barrier like tariff and other trade barrier

and

General Agreement on Tariffs and Trade and its successor World Trade Organization have successfully reduce the tariffs

so correct answer is B. GATT

4 0

3 years ago

_______ in active circulation includes money in everyone's pockets and is part of ______

_ in active circulation includes money in everyone's pockets and is part of