4 years ago

Why is a high-quality bond typically considered a lower risk investment than a stock?

1 answer:

5 0

A high-quality bond is typically considered a lower-risk investment than a stock because a bond typically pays a fixed, predictable amount of interest each year.

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3 years ago

If a special sales order is accepted for 3,000 sails at a price of $75 per unit, fixed costs remainunchanged, and there are no a

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Question Completion:

We assume that the variable manufacturing cost is $55 per unit.

Answer:

The change in operating income = $60,000

Explanation:

a) Data and Calculations:

Special order = 3,000 units

Price of special order = $75 per unit

Variable cost per unit (assumed) = $55

Fixed costs = unchanged

Variable marketing and administrative costs = unchanged

The change in operating income = $60,000 (($75 - $55) * 3,000)

b) Given the above scenario and the assumed variable cost per unit of $55, the change in operating income will be a total of $60,000, which adds to the normal business of the company.

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3 years ago

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3 years ago

Which of the following acronyms identifies the Big Five personality dimensions

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3 years ago

An open-end fund has a net asset value of $12.70 per share. It is sold with a front-end load of 8%. What is the offering price?

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Answer:

$13.80

Explanation:

Calculation to determine the offering price

Using this formula

Offering Price = NAV/1-load

Let plug in the formula

Offering Price = $12.70/1-0.08

Offering Price =$12.70/0.92

Offering Price = $13.80

Therefore the offering price is $13.80

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3 years ago