Answer:
$74,880
Explanation:
The computation of the amount of interest Cullumber must pay the bondholders is shown below:
= Face value of the bond × interest rate
where,
Face value of the bond is $1,248,000
And the interest rate is 6%
So, the amount of interest paid is
= $1,248,000 × 6%
= $74,880
We simply multiplied the face value of the bond with the interest rate so that the amount of interest expense could come
Answer:
<em>an option agreement.
</em>
Explanation:
The <em>option agreement</em> in the arena of financial derivatives <em>is a contract between two parties that gives one party the right, but not the obligation, to buy an asset from the other party or to sell an asset to the other</em>.
It outlines the agreed-upon price and the transaction's future date.
Im pretty sure its 2) Fixtures
Sorry if its wrong
Answer:
variable markup % = 60%
Explanation:
total units sold 22,000
total costs associated with selling the 22,000 units:
variable production costs $18 x 22,000 = $396,000
variable S&A costs $13 x 22,000 = $286,000
fixed overhead = $20,500
fixed S&A = $36,700
total costs = $739,200
total cost per unit = $33.60
selling price = $33.60 + $16 = $49.60
markup percentage = [(sales price - unit cost) / unit cost] x 100
the total markup % = [49.60 - 33.60) / 33.60] x 100 = 47.62%
but since we are going to calculate the markup percentage solely based on variable costs, then:
variable cost per unit = $31
selling price = $49.60
the variable markup % = [49.60 - 31) / 31] x 100 = 60%
Answer:
The correct answer is letter "D": They want to see how responsible you are in making payments on existing debt.
Explanation:
Credit reports are documents displaying the credit history of individuals. They allow lenders to know what the credit behavior of an individual is, thus, have an idea if that person could repay the amount of a loan or is likely to fall into debt. The three major credit bureaus in the U.S. are <em>Equifax, Experian, </em>and <em>TransUnion</em>.
