Which of the following is not an advantage of the metal web floor truss?

Marwick Corporation issues 8%, 5-year bonds with a par value of $1,100,000 and semiannual interest payments. On the issue date,

Nina [5.8K]

Answer: $1,193,838.80

Explanation:

The price of a bond is the sum of the present value of the coupon payments and the face value at maturity.

= Present value of coupon payments + Present value of face value at maturity

First adjust the variables for semi-annual:

Number of periods = 5 * 2 = 10 semi annual periods

Coupon payment = 8% * 1,100,000 * 1/2 years = $44,000

Yield = 6% / 2 = 3%

Present value of coupon payments:

The coupon payments are constant so are an annuity:

= Annuity * Present value of an annuity factor, 10 periods, 3%

= 44,000 * 8.5302

= $375,328.80

Present value of face value

= 1,100,000 * Present value of 1, 3%, 10 periods

= 1,100,000 * 0.7441

= $818,510

Selling price:

= 375,328.80 + 818,510

= $1,193,838.80

8 0

3 years ago

Which of the following statements is FALSE? A venture capital firm is a limited partnership that specializes in raising money to

pantera1 [17]

Answer:

Venture capitalists typically control all of the seats on a start-up's board of directors, and often represents the single largest voting block on the board.

Explanation:

A venture capital is a type of capital arrangement by venture capital , provided to start up companies with the prospect of potential growth. Companies that provides financies for start up have a stake in the business they are financing. It is usually a high risk business.

Examples of venture capitalist are

Investment banks, pension funds, insurance companies etc.

Before finances can be made by venture capitalist, the initial capital required to start required to start the business is usually provided by the entrepreneur and his family.

5 0

3 years ago

Auditory Company, which applies overhead to production on the basis of machine hours, reported the following data for the period

Molodets [167]

Answer:

Fixed overhead variance= $18,000 favorable

Explanation:

Giving the following information:

Actual units produced: 12,000

Actual fixed overhead incurred: $750,000

Standard fixed overhead rate: $16 per hour

Budgeted fixed overhead: $740,000

Planned level of machine-hour activity: 45,000

Auditory estimates four hours to manufacture a completed unit.

First, we need to calculate the standard fixed costs for the period:

Allocated overhead= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated overhead= 16* (12,000*4)= $768,000

Actual overhead= 750,000

Fixed overhead variance= actual - allocated

Fixed overhead variance= 750,000 - 768,000= $18,000 favorable

8 0

3 years ago

9. All of the following is included in a company's marketing plan EXCEPT:

Delvig [45]

Answer:

ANswer is B

Explanation:

6 0

3 years ago

In order for martha to categorize prospective buyers into groups that have common needs and will respond similarly to a marketin

prisoha [69]

There are four methods in order for Martha to sell her product to prospective buyers:
1. Know the principal attributes of a product.
2. Find how the customers rate are choosing these with respect to these attributes.
3. Find where the company's product is on these attributes in the customers mind
4. Place the company in a different poition in the minds of the customers.

8 0

4 years ago