Answer:
$961.42
Explanation:
firstly, we calculate the clean clean price below:
FV= 1,000
PMT= 40 (80 / 2)
I= 4.5 (9 / 2)
N= 14 (7 × 2)
Thus, PV= 948.89
Accrued Interest = coupon × (days since last payment/days in current coupon period)= 40 × (57 / 182) = 12.53
conclusively, dirty price = 948.89 + 12.53 = 961.42
Answer:
3.60
Explanation:
Given that,
Sales units = 1,000
Sales price per unit = $60
Variable expenses = 40% of the selling price
Total Fixed cost = $26,000
Contribution margin per unit:
= Selling price - Variable cost
= $60 - ($60 × 40%)
= $60 - $24
= $36
Total contribution:
= Contribution margin per unit × Sales units
= $36 × 1,000
= $36,000
Profit = Total contribution - Fixed cost
= $36,000 - $26,000
= $10,000
Degree of operating leverage:
= (Sales - Variable costs) ÷ (Sales - Variable costs - Fixed Expenses)
= (60,000 - 24,000) ÷ (60,000 - 24,000 - 26,000)
= 36,000 ÷ 10,000
= 3.60
Answer:
The correct statement is; Limited liability is an advantage of the corporate form of organization to its owners (stockholders), but corporations have more trouble raising money in financial markets because of the complexity of this form of organization.
Explanation:
A limited company can either be private or public. A limited company posses these 2 key features namely;
1. Limited liability- the liability of shareholders is limited to the amount of their investment in the company.
2. Seperate legal existence- a limited company can in it's name sue, be sued and enter into contracts.
Limited liability means that the investors can only lose the money they have invested and no more, meaning lenders have to keep this in mind when issuing loans to limited companies.
Answer:
The answer is below
Explanation:
A Master Administrator is normally the individual who is tasked at establishing the company file in QuickBooks Online.
In other words, Master Admin possesses access to all portions of the company file and can grant authorizations and access to other users.
Therefore, a Master Admin Accountant User can view the apps connected to a client’s QuickBooks Online account from within QuickBooks Online Accountant by doing the following:
1. Go to Settings
2. Select Manage Users.
3. Select Accounting firms.
4. Under the Company section, Select View Apps.
Answer:
The answer is 5.47 percent
Explanation:
Firstly, we find coupon payment (PMT).
it can be gotten from the price (present value) of bond formula:
PV = PMT/(1+r)^1 + PMT/(1+r)^2 ....... PMT + FV/(1+r)^n
N = 10.5 years
1/Y = 6.2 percent
PV = $945
PMT = ?
FV = $1000
Using a Financial calculator to input all the variables above,
Annual PMT = $54.72
Semi annual will be $54.72/2= $27.36
Coupon rate is Annual PMT /par value
= $54.72/1000
0.0547 or 5.47 percent
