Answer:
39,183 bonds
Explanation:
In order to determine the number of bonds that must be sold to realize cash of $71.8 million,the price per bond needs to be established using pv formula in excel as found below:
=-pv(rate,nper,pmt,fv)
rate is yield to maturity of 6.46% divided by 2
nper is the number of coupon payments which is 25 years multiplied by 2 i.e 50
pmt is the amount of semiannual coupon i.e $2000*5.78%*6/12=$57.8
fv is the face value of $2000 per bond
=-pv(6.46%/2,50,57.8,2000)=$ 1,832.43
number of bonds to be issued=$71,800,000/$ 1,832.43 = 39,183 bonds
Answer:
$2.02 million
Explanation:
We need to calculate the present value of Doris's contract given the following three cash flows:
Year 0 $0.6 million
Year 1 $0.8 million
Year 2 $0.8 million
interest rate = 8.2%
present value (in million) = $0.06 + ($0.8 / 1.082) + ($0.8 / 1.082²) = $0.6 + $0.74 + $0.68 = $2.02 million
*present value formula = future value / (1 + r)ⁿ
<h2>Question:</h2>
Q1. This organizational structure violates the unity of command principles because of dual reporting relationship.
Q2. It is a collection of independent, mostly single function enterprises that collaborate on a good or service.
<h2>Answer:</h2>
- <u>C</u><u>.</u><u> </u><u>Matrix</u><u> </u><u>Organization</u><u> </u>
- <u>A</u><u>.</u><u> </u><u>Divisional</u><u> </u><u>Organization</u><u> </u>
<h2>
Explanation:</h2>
That's my opinion and I hope it helps ^_^
<h2><u>#CARRYONLEARNING</u><u> </u></h2><h2><u>#STUDYWELL</u><u> </u></h2>
The decline in the value of the asset turnover ratio indicates an unfavorable trend in using assets to generate sales.
<h3>What is the asset turnover ratio?</h3>
The asset turnover ratio is a financial ratio known as the activity ratio. It measures the efficiency with which a firm carries out its operations. The higher the asset turnover ratio , the more efficient the firm is and the lower the ratio, the less efficient the firm is.
The asset turnover ratio = revenge / average total ratio
To learn more about financial ratios, please check: brainly.com/question/26092288
Answer:
$1,600
Explanation:
It is important to note that the company uses accrual basis accounting. The Service Revenue account should be credited for $1,600
