Answer:
Number of coupon payments = 13.5*2= 27
Coupon = 6%*1000/2= 30
Let rate be r
Present value of all future payments = $87
875 = 30*(1-1/(1+r)^27)/r + 1000/(1+r)^27
R= 3.74%
Nominal rate = 3.74%*2 = 7.49%
Answer:
$1,532,700.
Explanation:
We know that the total budgeted overhead equals to
= Variable overhead + fixed overhead
where,
Variable overhead = (June sales units + July sales units × given percentage - beginning inventory units) × variable overhead per unit
= (299,000 units + 309,000 × 20% - 59,800 units) × $3.70
= (299,000 units + 61,800 units - 59,800 units) × $3.70
= $1,113,700
And, the fixed overhead is $419,000
Now put these values to the above formula
So, the value would be equal to
= $1,113,700 + $419,000
= $1,532,700.
The July sales units × given percentage is ending inventory units
Answer:
$300,000
Explanation:
Cash flow from investment are any cash that the company receives or pays for a long term investment for example buying a building or selling machinery etc. In this case the company bought building for a million dollars and land for half a million dollars. But the total cash investing outflow will be 300,000 because that is the cash that they initially paid or flowed out from their company, where as the rest was on mortgage. SO the total amount ofcash going out of the company for investing activities is $300,000.
The best answer for the question would be an increase in income.
The higher the disposable income, the higher the spending that an individual would engage in.
This is related to basic economic principles: More resources to satisfy the needs. The individual now have more resources to satisfy his wants and needs that the market has to offer.
Unfortunately, the higher the spending does not always correlate with higher savings.