Answer:
Howe receives $304,500 from the issue
Explanation:
The bond issue price is made up of the 99% price plus the interest accrued from the last date of interest payment to the date of bond purchase.
The amount to be received from the bond issuance is calculated thus:
99% price 300*$1000*99% $297,000
Accrued interest 3/12*10%*$1000*300 $7,500
Total amount received from the issue $304,500
Since the next payment of interest would be paid to the buyer,it is expected that the buyer pays the seller for interest accrued on the date of purchase that would eventually be paid to the buyer
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Answer:
$190,000
Explanation:
Regis produces 30,000 plugs per year and its overhead costs are $8, so their variable costs are $28 per plug (=$36 - $8).
Orlan offers to sell them the same plugs at $33 per plug, which means that Regis will be paying $5 more per plug than its own variable costs.
Regis costs will increase $5 x 30,000 = $150,000 per year.
Its fixed costs will decrease by $60,000 if they decide to purchase the plugs.
Plus it can rent the facilities at XXX per year? since it plans to have $100,000 in net savings per year:
$100,000 = $60,000 + XXX - $150,000
$100,000 = XXX - $90,000
XXX = $190,000
Answer:
D Maintaining the same level of current assets as Sam'sE Utilizing its total assets more efficiently than Sam's.
Explanation:
In general, the higher the ratio – the more "turns" – the better. But whether a particular ratio is good or bad depends on the industry in which your company operates.
