Answer:
$984.50
Explanation:
Cost of bond at closing = Par value * % Bond traded last
Cost of bond at closing = 1000 * 98.45%
Cost of bond at closing = $984.50
Thus, the cost of bond at closing is $984.50
Answer:
the cost of goods sold is $5,940
Explanation:
The computation of the cost of goods sold is shown below:
As we know that
Cost of goods sold is
= beginning inventory + purchase made - ending inventory
= $4,860 + $10,080 - $9,000
= $5,940
Hence, the cost of goods sold is $5,940
We simply applied the above formula so that the correct value could come
And, the same is to be considered
I would think Interest rates
Answer:
1.- The operating income would <u>increase </u>for $680
2.- The operating income would <u>decrease</u> for $680
3.- The Operating Income would be $59,500
Explanation:
We are going to use the contribution margin per unit
<u>This way we avoid most of the calculations</u>
1.- Contribution Margin x ΔUnits = ΔOperating Income
CM per units 17 x 40 = <em>680</em>
<em />
2.- Contribution Margin x ∨Units = ∨perating Income
CM per unit x (-40) = <em>-680</em>
<em />
3.- Contribution Margin x Sales Volume - Fixed Cost = Operating Income
17 x 6,800 - 55,700
115.600 - 55,700 =<em> 59,900</em>
