Arvrage cost is the total cost divided by the number of units.
,Answer:
$23,910
Explanation:
The computation of the amount of equity income should Akron report for 2018 is given below:
But before that the amortization is
Purchase price $97,500
carrying value ($390,000 ×5%) $19,500
Total fair value $117,000
Less: net book value ($287,000 × 0.30) $86,100
Franchise agreement $30,900
Divided by Remaining life 10
annual amortization $3,090
Now the amount of equity income is
= $90,000 ×30% - $3,090
= $23,910
Based on the coupon rate of Guggenheim Inc's bond as well as its yield to maturity, the market price is $1,768.55.
<h3>What is the market price of the bond?</h3>
First, find the coupon amount:
= 7.3% x 2,000
= $146
The market price is:
= ( 146 x (1 - (1 + 8.5%)⁻²¹) / 8.5%) + 2,000 / (1 + 8.5%)²¹
= 1,407.97 + 360.58
= $1,768.55
Find out more on bond pricing at brainly.com/question/25596583.
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Answer:Yes
Explanation: Because it will ensure more international awareness that will yield new customers, Sales and profitability for Greater companies.