Answer:
Bond Price = $951.9633746 rounded off to $951.96
Explanation:
To calculate the quote/price of the bond today, which is the present value of the bond, we will use the formula for the price of the bond. As the bond is an annual bond, we will use the annual coupon payment, annual number of periods and annual YTM. The formula to calculate the price of the bonds today is attached.
Coupon Payment (C) = 1000 * 10% = $100
Total periods remaining (n) = 3
r or YTM = 12%
Bond Price = 100 * [( 1 - (1+0.12)^-3) / 0.12] + 1000 / (1+0.12)^3
Bond Price = $951.9633746 rounded off to $951.96
Answer:
Step 1:
Start by setting it up with the divisor 20 on the left side and the dividend 16 on the right side like this:
2 0 ⟌ 1 6
Step 2:
The divisor (20) goes into the first digit of the dividend (1), 0 time(s). Therefore, put 0 on top:
0
2 0 ⟌ 1 6
Step 3:
Multiply the divisor by the result in the previous step (20 x 0 = 0) and write that answer below the dividend.
0
2 0 ⟌ 1 6
0
Step 4:
Subtract the result in the previous step from the first digit of the dividend (1 - 0 = 1) and write the answer below.
0
2 0 ⟌ 1 6
- 0
1
Step 5:
Move down the 2nd digit of the dividend (6) like this:
0
2 0 ⟌ 1 6
- 0
1 6
Step 6:
The divisor (20) goes into the bottom number (16), 0 time(s). Therefore, put 0 on top:
0 0
2 0 ⟌ 1 6
- 0
1 6
Step 7:
Multiply the divisor by the result in the previous step (20 x 0 = 0) and write that answer at the bottom:
0 0
2 0 ⟌ 1 6
- 0
1 6
0
Step 8:
Subtract the result in the previous step from the number written above it. (16 - 0 = 16) and write the answer at the bottom.
0 0
2 0 ⟌ 1 6
- 0
1 6
- 0
1 6
You are done, because there are no more digits to move down from the dividend.
The answer is the top number and the remainder is the bottom number.
Therefore, the answer to 16 divided by 20 calculated using Long Division is:
0
16 Remainder
Explanation:
Answer:
E) existing factory has enough capacity to handle demand for the new products as well as the existing products.
Explanation:
If the existing factory doesn't have enough capacity to produce both the new product and existing ones, then if doesn't matter if the technology used is the same, or the new product is an extension of an existing product line, or existing human resources possess the abilities and knowledge required, or even if the product design is already complete or not.
If the factory's production capacity cannot handle the new product, then the company needs to expand the existing factory's production capacity or build a new facility.
Answer:
Please find the detailed explanation below.
Situation 1 and 2 have disclosure while situation 3 does not require any disclosure.
Explanation:
Situation 1. Accrual. The one-year warranty has created what is known as contingent liability. Contingent liability is a type of liability that is dependent on the outcome of some specific actions which has happened in the past. The eventual liability may or may not happen. But since the probable claim from the one-year warranty has been determined, it should be disclosed. But if the claim cannot be determined, it shouldn't be disclosed.
Situation 2. Since this contract happened before the issuance of financial statement and the amount of loss from this contract can be reasonably estimated or determined, then it must be disclosed and the likely amount must also be disclosed. This disclosure will be under 'note to the financial statement'.
Situation 3. This is a self insurance and self insurance is not an insurance. There is no contingent liability in this situation. Also, there is no accident, no injury. Hence, this is no disclosure here.
Answer:
$774 unfavorable
Explanation:
The computation of the direct material quantity variance is shown below:
= Standard Price × (Standard Quantity - Actual Quantity)
= $8.60 × (1,910 kilograms - 2,000 kilograms)
= $8.60 × 90 kilograms
= $774 unfavorable
Since it is unfavorable as it derives that actual quantity is more than the standard quantity and in the case of favorable, the actual quantity is less than the standard quantity
