Answer:
0.0210
Explanation:
The computation of the weight of the preferred stock is shown below:
Particulars Shares Price Value ( Shares × Price) Weight ( Value ÷Total value)
Equity 10,800 $42 $4,53,600 0.4179
Preferred Stock 245 $93 $22,785 0.0210
Bonds 580 $1,050 $6,09,000 0.5611
Total value $1,085,385
for computing the weight we simply divide the value of the preferred stock with the total value
Answer:
Computers
Explanation:
They use computers these days.
Answer:
Roper Spring Water should not buy the machine, since it produces a negative net present.
Explanation:
Summary of Cash Flows on the Machine are as follows :
Year 0 = ($230,000)
Year 1 = $55,000
Year 2 = $65,000
Year 3 = $75,000
Year 4 = $75,000
Interest rate = 7%
Using the CFj Function of the Financial calculator this will be computed as :
($230,000) CF j 0
$55,000 CF j 1
$65,000 CF j 2
$75,000 CF j 3
$75,000 CF j 4
i/yr = 7%
Therefore Net Present Value is - $3,385.13
Since this is a negative Net Present Value, Roper Spring Water should not buy the machine.
Amount of interest expense on 30th June 20X1= Carrying Amount of Bond*Effective Interest Rate (For 6 Months)
=$940000*5/100
=$47000
Contractual Interest of the bond=Face Value*Contractual Interest
=1000000*4/100
=$40000
Thus, Carrying Amount of Bond=Carrying Amount|+Interest Expense-Interest Paid
Carrying Amount as on 30th June=940000+47000-40000
Carrying amount as on 30th June=$947000
Amount Paid to Redeem Bonds =$1020000
Gain/(Loss) on Redemtion of Bonds=Face Value-Amount Paid to Redeem Bonds
Loss on Bonds=-$73000
Answer:
greater; higher than
Explanation:
Here is the complete question
If the supply of aisle seats equals the supply of middle seats on an airplane, and the demand for aisle seats is _____________ than the demand for middle seats, then the equilibrium price of aisle seats will be ______________ the equilibrium price of middle seats
.a. greater; higher than
b. less; higher than
c. greater; lower than
d. less; the same as
Equilibrium price is the price at which quantity demand equal quantity supplied. Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded.
Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied
If the demand for aisle seats exceeds the demand for middle seats, it means that equilibrium price for aisle seat would exceed equilibrium price
