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slega [8]
3 years ago
11

New markets has $1,000 face value bonds outstanding that pay interest semiannually, mature in 14.5 years, and have a 4.5 percent

coupon. the current price is quoted at 97.6. what is the yield to maturity?
Business
1 answer:
dem82 [27]3 years ago
6 0
4.73% is your answer
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On January 1, 2019, Brooks, Inc., borrows $90,000 from a bank to purchase machinery. Brooks signs a 5 percent installment note r
klasskru [66]

Answer:

A Journal entry for Brooks Incorporation on January 1, 2019 which is shown below

Explanation:

Solution

Given that:

           JOURNAL ENTRY FOR BROOKS INCORPORATION

Date               General Journal Debit Credit

Jan 01 2019                Cash        90000

                               Notes Payable          90000

Thus

A Journal entry was recorded for Brooks Incorporation.

Here, the cash of $90,000 was recorded at the debit side of the Journal.

While the notes payable of $90,000 was also recorded on the credit side

7 0
3 years ago
ZigZag Cola produces a​ lemon-lime soda. The production process starts with workers mixing the lemon syrup and lime flavors in a
Whitepunk [10]

Answer:

Zig Zag Cola

1. Classification of costs according to their category in the value chain:

a. Inbound logistics (relationship with suppliers):

New recipe                                       $ 1,300

Lime flavoring                                   $ 1,180

Bottles                                              $ 1,040

Salt                                                        $ 50

Lemon syrup                                 $ 16,000

Freight-in on materials                  $ 2,000

Total cost of Inbound logistics = $21,500

b. Operations:

Wages of workers who mix syrup     $ 7,800

Plant janitors' wages                             $ 900

Plant utilities                                          $ 650

Rearranging plant layout                    $ 1,600

Depreciation on plant & equipment $ 2,700

Total cost of Operations =               $13,650

c. Outbound logistics:

Delivery truck drivers' wages     $ 275

Depreciation on delivery trucks  $ 175

Total outbound logistics cost     $450

d. Marketing and sales:

Customer hotline                           $ 180

Sales commissions                       $ 325

Sales coupons for customers      $ 770

Total marketing and sales cost $1,275

e. Service:

Customer hotline                         $ 180

Sales coupons for customers     $ 770

Product Replacement                   $ 70

Total costs of Services            $1,020

2. Subcategories of Production Costs:

Direct Materials:

New recipe        $ 1,300

Lime flavoring    $ 1,180

Bottles               $ 1,040

Salt                         $ 50

Lemon syrup  $ 16,000

Freight-in

on materials   $ 2,000

Cost of materials $21,500

Direct Labor:

Wages of workers who mix syrup $ 7,800

Total cost of direct labor                $ 7,800

Manufacturing Overheads:

Plant janitors' wages                             $ 900

Plant utilities                                          $ 650

Rearranging plant layout                    $ 1,600

Depreciation on plant & equipment  $ 2,700

Total Overheads                                  $ 5,85

Explanation:

a) Data and Calculations:

Costs incurred (in thousands)

Direct Materials:

New recipe        $ 1,300

Lime flavoring    $ 1,180

Bottles               $ 1,040

Salt                         $ 50

Lemon syrup  $ 16,000

Freight-in

on materials   $ 2,000

Cost of materials $21,500

Direct Labor:

Wages of workers who mix syrup $ 7,800

Total cost of direct labor                $ 7,800

Manufacturing Overheads:

Plant janitors' wages                             $ 900

Plant utilities                                          $ 650

Rearranging plant layout                    $ 1,600

Depreciation on plant & equipment $ 2,700

Overheads                                         $ 5,850

Selling and Distribution Expenses:

Depreciation on delivery trucks  $ 175

Delivery truck drivers' wages     $ 275

Sales commissions                      $ 325

Customer hotline                         $ 180

Sales coupons for customers     $ 770

Product Replacement                   $ 70

Selling and Distribution costs   $1,795

b) ZigZag's value chain activities, according to Michael Porter, include inbound logistics, operations, outbound logistics, marketing and sales, and service. These activities create value that exceeds their cost for the purpose of generating a higher profit.  In a similar way, ZigZag's production costs can be categorized into direct materials, direct labor, and manufacturing overhead.

3 0
3 years ago
Show how Cablevision can conduct an ROI analysis. Describe the information that the company should collect and how it should b c
Flauer [41]

Answer:

Explanation:

Cablevision can easily accomplish this by doing the following. First gather the number of sales of premium services and other products that non-trained individuals are accomplishing in a given time period (example, one month). Next, under the same conditions place the newly trained individuals and gather the same data from them (number of sales/subscribers gained, premium products, and other products). Finally, they would simply need to compare the difference in the number of sales to see if the training paid off. They would also need to calculate if the difference in sales surpasses the costs of training.

3 0
3 years ago
Falcon Co. produces a single product. Its normal selling price is $29 per unit. The variable costs are $15 per unit. Fixed costs
Elan Coil [88]

Answer:

$11,760

Explanation:

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income/profit.

Without the new offer

Profit = 5000($29 - $15) - $20,900

= $70,000 - $20,900

= $49,100

For the new order a variable selling cost of $2 per unit would be eliminated, the contribution of the order will be

= 1680($20 - $15 + $2)

= 1680 * $7

= $11,760

This is the differential effect on profit.

5 0
3 years ago
Your cash t-account has a beginning debit balance of $5,000. New debits are $500 and new credits are three times new debits. Wha
gulaghasi [49]

Answer: 4000

Explanation:

7 0
3 years ago
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