Answer: $1268.20
Explanation:
value of the bond today = Present value of coupon (interest) payments + present value of principal = 120[PVOAIF8%, 10] + 1000[PVIF8%, 10] =1,268
Answer:
i am too like i feel dead bored
Explanation:
Well, smartphone applications are developed by 1. manufacturers of the handheld device, 2. <span>third-party software developers and finally by </span><span>operators of the communications network on which they operate. </span>
Answer:
contribution margin ratio= 0.86
Explanation:
Giving the following information:
Young Company budgets sales of $970,000
Variable costs of $135,800.
<u>To calculate the contribution margin ratio, we need to use the following formula:</u>
contribution margin ratio= contribution margin / sales
contribution margin ratio= (970,000 - 135,800) / 970,000
contribution margin ratio= 0.86