Answer:
The correct answer is $1,000.
Explanation:
According to the scenario, the given data are as follows:
For one year
Bond pay (p) = $50
Time period (t)= 1 year
Interest rate (r) = 5%.
So, Price of bond for 1st year = p ( 1 + r)^-t
By putting the value, we get
Price of bond for 1st year = $50 ( 1 + 0.05)^-1 = $47.62
For Second year
Bond pay (p) = $1,050
Time period (t)= 2 year
Interest rate (r) = 5%.
So, Price of bond for 2nd year = p ( 1 + r)^-t
By putting the value, we get
Price of bond for 2nd year = $1,050 ( 1 + 0.05)^-2 = $952.38
So, Total price of the bond = Price of bond for 1st year + Price of bond for 2nd year
= $47.62 + $952.38
= $1,000
Answer:
For the United States, the main goal of trade agreements is to reduce barriers to U.S. exports, protect U.S. interests competing abroad, and enhance the rule of law in the FTA partner country or countries.
Answer:
Requirement 1 - Predetermined Overhead Rate is $0.60 per direct labor cost
Explanation:
Requirement 1 - Predetermined Overhead Rate
Predetermined Overhead Rate = Budgeted Overheads / Budgeted Activity
In our senario we use the formular:
Factory overheads Applied = Predetermined Overhead Rate × Actual Activity
therefore, Predetermined Overhead Rate = Factory overheads Applied / Actual Activity
<em>Note : Moonrise Bakery applies factory overhead based on direct labor costs</em>
Predetermined Overhead Rate = $2,460,000/$4,100,000
= $0.60 per direct labor cost
Answer:
True
Explanation:
You are buying company stock, stock being the amount of profits the company gains, which technically classifies you as an owner
Answer:
b. 10,000.
Explanation:
The number of units completed in April is given by the number of units on April 1st (3,000) added to the number of units started during April (11,000) minus the number of units still in production on April 30th (4,000):
10,000 units were completed during April.
