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3 years ago

8

Using the tables above, what would be the present value of $15,000 to be received at the end of each of the next 2 years, assumi

ng an earnings rate of 6%?
a. $27,495

b. $25,350

c. $26,040

d. $30,000

1 answer:

LUCKY_DIMON [66]3 years ago

7 0

The answer to this question is: D. 30,000

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Preparing the statement of cash flows Polk Street Homes had the following cash transactions for the month ended July 31, 2018.Ca

MrRissso [65]

Answer:

Explanation:

The preparation of the Cash Flows from three Activities - Direct Method is shown below:

Cash flow from Operating activities

Cash receipts:

Collections from customers $25,000

Less: Cash payments:

Rent -$500

Utilities -$2,000

Salaries -$1,500

Net Cash flow from Operating activities $21,000

Cash flow from Investing activities

Purchase of equipment -$25,000

Net Cash flow from Investing activities -$25,000

Cash flow from Financing activities

Issued common stock $13,000

Less: Payment of cash dividends -$4,000

Net Cash flow from Financing activities $9,000

Net Cash flow from Operating activities $21,000

Net Cash flow from Investing activities -$25,000

Net Cash flow from Financing activities $9,000

Net increase (decrease) in cash for the year is $5,000

Add: Cash balance, July 1, 2018 $14,000

Cash balance, July 31, 2018 $19,000

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3 years ago

A 30-year maturity, 8% coupon bond paying coupons semiannually is callable in five years at a call price of $1,100. the bond cur

bogdanovich [222]

Answer:

a.

5.72%

b.

6.83%

c.

2.86%

Explanation:

The rate of return bondholders receives on a callable bond until the call date is called Yield to call.

Yield to Call = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Assuming $1,000 is the face value of bond.

a.

Yield to Call = [ ($1,000 x 8% x 6/12 ) + ( $1,000 - $1,100 ) / (5 x 2) ] / [ ( $1,000 + $1,100 ) / 2 ]

Yield to Call = [ $40 - 10 ] / $1,050 = 2.86% semiannually = 5.72% yearly

b.

Yield to Call = [ ($1,000 x 8% x 6/12 ) + ( $1,000 - $1,050 ) / (5 x 2) ] / [ ( $1,000 + $1,050 ) / 2 ]

Yield to Call = [ $40 - 5 ] / $1,025 = 3.415% semiannually = 6.83% yearly

c.

Yield to Call = [ ($1,000 x 8% x 6/12 ) + ( $1,000 - $1,100 ) / (2 x 2) ] / [ ( $1,000 + $1,100 ) / 2 ]

Yield to Call = [ $40 - 10 ] / $1,050 = 1.43% semiannually = 2.86% yearly

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3 years ago

A decision to position the product on high-performance quality will mean that the ________. marketer must boost derived demand i

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<span>A decision to position the product on high-performance quality will mean that the seller must charge a higher price to cover higher costs.

When a company uses higher quality products to market their product as high-performance quality it means that the product will cost more to make and will sell for a higher price. The company has to cover all of their costs and one way to do that is to make sure their price point is set correctly.
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3 years ago

The Work in Process Inventory account of a manufacturing company that uses an overhead rate based on direct labor cost has a $3,

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Answer:

$1,290

Explanation:

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The amount of the applied overhead is $1,290.

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3 years ago

According to the video, what are some common responsibilities of industrial production managers? check all that apply.

dmitriy555 [2]

Answer:

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Explanation:

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2 years ago