Wie Corp's sales last year were $280,000, and its year-end total assets were $355,000. The average firm in the industry has a to
1 answer:
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Answer:
130, 150
Explanation:
Here, in the question the graph is missing. So, in the attachment the graph is attached.
Equilibrium is the state or condition, where there is balance or stable situation, which means that the opposing forces cancel each other force out and no changes or variations happen or occur.
In short, it is defined as the state where the quantity demanded is equal to the quantity supplied, where there is no loss to the business.
From the graph, we could analyze that the new equilibrium price is 130 and at this price, the new equilibrium quantity is 150.
Answer:
The bonds were issed at $ 355,834,328.88 dollars
Interest expense for the first year:
interest expense: $ 7,116,686.58
Explanation:
The bond value will be equal to the present value of the coupon payment and maturity:
Coupon: 320,000,000 x 2.5% = 8,000,000
time: 15 years x 2 payment per year = 30
rate 4% divide by 2 = 0.02
PV $179,171,644.4080
Maturity 320,000,000.00
time 30.00
rate 0.02
PV 176,662,684.47
PV coupon 179,171,644.41 + PV m 176,662,684.47 = $ 355,834,328.88
proceeds 355,834,329
face value 320,000,000
premium on bonds payable 35,834,329
interest expense:
carrying value x market rate:
355,834,329 x 2% = 7,116,686.58