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ohaa [14]
4 years ago
12

An investor holds a FMC corporate bond with a face value of $5000, a coupon rate of 4%, and semiannual payments that matures on

01/15/2009. How much will the investor receive on 01/15/2009
Business
1 answer:
jarptica [38.1K]4 years ago
3 0

Answer:

$5,100

Explanation:

 The computation of the investor received amount is shown below:

= Corporate bond face value + corporate bond face value × coupon rate × number of months ÷ total number of months in a year

= $5,000 + $5,000 × 4% × 6 months ÷ 12 months

= $5,000 + $100

= $5,100

On Semi annual payments we divide the interest rate by 2 or we considered the 6 months and divide it by the total number of months in a year

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Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are: M N O Unit sal
Ivahew [28]

Answer:

The answer is 629,000.

Explanation:

  • For each unit of M sold, the price is 7 and the cost is 3, so the contribution margin is 4;
  • For each unit of N sold, the price is 4 and the cost is 2, so the contribution margin is 2;
  • For each unit of O sold, the price is 6 and the cost is 3, so the contribution margin is 3;
  • With the mix, 1 unit of sale contributes (contribution per mix) 3*M+1*N+2*O = 3*4+1*2+2*3 = 20

For covering the 340,000 of fixed costs, you have to sale 340,000/20 units. That's equal to 17,000 units.

Each unit of sales is equal to (price per mix) 7*M+4*N+6*O = 7*3+4*1+6*2 = 37. So, with 17,000 units, the total sales will be 17,000 * 37 = 629,000.

3 0
3 years ago
A revenue variance is the difference between what the total sales revenue should be, given the actual level of activity of the p
san4es73 [151]

Answer: True

Explanation:

Revenue variances are used by an organization in order to know the difference that exists between the expected sale by the organization and and actual sales.

The revenue variance is the difference between what the total sales revenue should be, given the actual level of activity of the period, and the actual total sales revenue.

4 0
4 years ago
Read 2 more answers
During the sales presentation, the prospect interrupted the salesperson’s presentation and said, "Wait a minute.  This looks lik
Hatshy [7]

Answer: Postpone

Explanation:

In marketing, one of the ways to handle an objection is to postpone it until the end of the presentation. In the course of the presentation, the client may think that the project has a certain cost and it will not work or another reason, in this case, postponing it is one of how a person can present their idea until the end, to convince the potential client.

In this case, the seller handled himself well by telling him that the program is cheap and that he will explain the price in a moment, allowing him to express everything related to his program, giving him a chance for prospects they can know the program in its entirety.

3 0
3 years ago
The equality-efficiency trade-off suggests that a. welfare programs stimulate incentives to work. b. inefficiencies result when
soldi70 [24.7K]

Answer:

The correct answer is letter "B": inefficiencies result when incentives to produce are reduced.

Explanation:

Equity-efficiency tradeoff takes place when attempting to optimize the production efficiency, distribution of wealth is diminished. The concept is always linked to moral philosophy because it implies taking about how people organize themselves in the way to produce and share their goods in a fairly. According to this point of view, when there is not enough motivation to produce inefficiencies arise.

7 0
3 years ago
Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May June Manu
ivolga24 [154]

Answer:

c.$188,150

Explanation:

                                          April               May              June

Manufacturing costs* $157,700         $198,300      $201,000

Payment April Costs    $118.275      $39,425

<u>Payment May Costs                         </u><u> 148,725</u><u>           49,575</u>

Cash Payments                                 $ 188,150

None other costs will be paid in the month Of May.

*Of the manufacturing costs, three-fourths are paid for in the month they are incurred; one-fourth is paid in the following month. **Insurance expense is $870 a month; however, the insurance is paid four times yearly in the first month of the quarter, (i.e., January, April, July, and October). ***Property tax is paid once a year in November.

5 0
3 years ago
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