Answer: $55.56
Explanation:
Given the following ;
Spot price per barrel = $50
Storage cost = $3 per barrel
Interest rate(i) = 5% (continously compounded)
Period (t) = 1
Upper bound future price.
Upper bound future price = spot price per barrel + storage cost
Storage cost per barrel = $3, compounded at 5 % per annum for one year.
5÷100 = 0.05
Mathematically, present value of storage cost per barrel =
3e^-(i × t) = 3e^-(0.05×1)
3e^-(0.05) = 2.854
Upper bound for one year future price
($50+$2.854)e^0.05×1
52.854e^0.05 = $55.56
Answer: D. The activity is not on the critical path.
Explanation:
The critical path refers to the longest path from the start of a project to it's completion and it shows the minimum time that is necessary to complete the entire project.
In this case, the activity is not on the critical path as the early start time and the late start time isn't equal. Also, the difference between the late start time and early start time is 20-15 = 5 and not 0.
Answer:
57,900 units
Explanation:
For computing the equivalent units for conversion costs , first we have to compute the transferred units which is shown below:
= Beginning work in process inventory units + additional units - ending work in process inventory units
= 3,400 units + 64,500 units - 25,000 units
= 42,900 units
Now the equivalent units for conversion costs equal to
= Transferred units × percentage of completion + ending work in process inventory units × percentage of completion
= 42,900 units × 100% + 25,000 units ×60%
= 42,900 units + 15,000 units
= 57,900 units
Answer:
9.62%.
Explanation:
Set the values of the bond on the financial calculator as follows :
PV = - $785
FV = $1,000
PMT = $1,000 x 4% = $40
P/YR = 1
N = 5
I/YR = ??
Here the question requires us to determine the value of the yield to maturity or I/YR.
Inputting the values as above in the financial calculator gives the I/YR as 9.62%.
Answer: Augmenting his income.
Explanation: Extra work means having an official fixed job and, in addition, after working hours, or in your free time (such as weekends), you dedicate yourself to other activities that can also generate income. Unlike what some people think, extra work does not need to be something completely different from what you usually do. Of course you can choose to formalize your hobby and earn money with it, but these tasks can also happen in other conventional work.
