Answer:
$73,500
Explanation:
Calculation to determine How much interest will Boston pay (in cash) to the bondholders every six months
Semiannual cash interest
payment =$2,100,000 × 7% × 1/2
Semiannual cash interest
payment = $73,500
Therefore How much interest will Boston pay (in cash) to the bondholders every six months is $73,500
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Cash flows= $8,000
Grow at a rate of 4% per year indefinitely.
We need to find the present value using the following formula:
Present Value= periodic payment/ (i - g)
i= interest rate
g= growth rate
A) Interest rate= 15%
PV= 8,000/ (0.15 - 0.04)= $72,727.27
B) i= 13%
PV= 8,000/ (0.13 - 0.04)= $88,889
Answer:
Total direct labor cost= $122,752
Explanation:
Giving the following information:
Each unit of output requires 0.77 direct labor-hours.
The direct labor rate is $11.20 per direct labor-hour.
Production budget:
October= 7,100 units
November= 6,900 units
Minimum hours= 5,480 hours
First, we need to determine the number of hours required for each month.
October= 7,100*0.77= 5,467 hours
November= 6,900*0.77= 5,313 hours
Direct labor budget:
October= 5,480*11.2= 61,376
November= 61,736
Total cost= $122,752
The agent's commission is $5,950
A commission agent acts as a go-between for enterprises of all sizes when dealing with suppliers. A person in this position may operate in a variety of fields, including real estate, sales, and entertainment, as well as throughout the world. Additionally, a commission agent may simultaneously serve multiple companies.
An international agent who receives payment as a percentage of the sales they bring in. The Agent strictly complies with the sale terms specified to it by the Principal while making products available to potential customers in a certain territory (often a country). The Agent's and Principal's relationship is solely business-related; there is no employment connection between them.
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Thinking summarizes the operating, financing and investing activities of an entity
