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3 years ago

A bond with a par value of $5,000 is quoted at 103.936. What is the dollar price of the bond?

Business

1 answer:

DochEvi [55]3 years ago

6 0

Answer:

C. $5,196.80

Explanation:

Calculation for the dollar price of the bonds

Let find the dollar price of the bonds using this formula

Dollar price=Per value bond amount × The Per value quoted percentage 103.936/100=1.03936

Dollar price =$5,000×1.03936

Dollar price =$5,196.80

Therefore the dollar price of the bonds will be $5,196.80

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2. An electronics manufacturing firm is currently manufacturing resistors that have a variable cost of $0.50 per unit and a sell

SCORPION-xisa [38]

Answer:

a. Should the firm buy the new equipment?

no, because operating profit will decrease

b. What is the minimum price the company would have to charge in order for the new equipment to be worth purchasing (assuming the higher or lower price doesn’t affect the 500,000 unit volume)?

$1.02 per unit

Explanation:

contribution margin per unit = $0.50

total units sold = 300,000

fixed costs = $100,000

operating income = (300,000 x $0.50) - $100,000 = $50,000

if the firm improves the quality of their products:

contribution margin per unit = $0.40

total units sold = 500,000

fixed costs = $160,000

operating income = (500,000 x $0.40) - $160,000 = $40,000

if you want to keep operating income at $50,000 then minimum sales price should be:

500,000 = $210,000 / contribution margin

contribution margin = $210,000 / 500,000 = $0.42

sales price = contribution margin + variable costs = $0.42 + $0.60 = $1.02 per unit

5 0

3 years ago

According to the text, reducing many of the tariffs that are still in existence will lead to Blank______.

alexandr402 [8]

The reduction of tariffs will provide greater market access to foreign products.

<h3>What is a tariff?</h3>

It should be noted that a tariff simply means a tax that's on an imported good. This is vital to generate revenue for the government.

Reducing many of the tariffs that are still in existence will lead to greater market access to foreign products.

Learn more about tariffs on:

brainly.com/question/1172085

8 0

2 years ago

Maryann is planning a wedding anniversary gift of a trip to Hawaii for her husband at the end of 3 years. She will have enough t

Sergio [31]

Answer:

The answer is "She saves $\$7804$ on the trip".

Explanation:

Please find the complete question in the attached file.

Given:

$(P) =\$2500\\\\(n) =3 \ years\\\\(r) = 4\%\\\\ \text{compounding period in year}\ (m) =1\\$

The formula for Effective annual rate $= ((1+(\frac{r}{m}))^m)-1$

$=((1+(\frac{4\%}{1}))^1)-1\\\\=((1+(\frac{4}{100}))^1)-1\\\\=((1+0.04)^1)-1\\\\=((1.04)^1)-1\\\\ =1.04-1\\\\ =0.04 \\\\ = 4\%\\\\$

Its potential value of its rental formula is used to measure the value of the rental at the middle of the 3rd year

The formula for the future annuity $= P\times \frac{(((1+i)^n)-1)}{i}$

$=2500\times \frac{(((1+0.04)^3)-1)}{0.04}\\\\=2500\times \frac{(((1.04)^3)-1)}{0.04}\\\\=2500\times \frac{(1.124864-1)}{0.04}\\\\=2500\times \frac{0.124864}{0.04}\\\\=2500\times 3.1216\\\\=7804$

5 0

3 years ago

Current Attempt in Progress Restate the following income statement for a retailer in contribution format. Sales revenue ($100 pe

Komok [63]

Answer:

Contribution Margin Income Statement for the year end MM DD, YY

$ $

Sales revenue ($100 per unit) 66,000

Less: Variable Cost

Less cost of goods sold ($56 per unit) 36,960

Commissions expense ($6 per unit) 3,960

Shipping expense ($3 per unit) 1,980

42,900

Contribution Margin 23,100

Less: Fixed Cost

Salaries expense 7,900

Advertising expense 5,800

13,700

Net Income 9,400

5 0

3 years ago

"Scuba Diving." Marcy invented a new type of mask that was not subject to fogging forscuba divers and obtained a patent on it. S

weqwewe [10]

Answer:

The correct option is C,royalties

Explanation:

Royalties refers to payment received by the owner of patent from the individuals making use of the patented design or product as a reward for creativity and originality.

Profits are excess of revenue over costs of doing business overall

Receipts are inflows of cash and cash equivalents to the business either form sales transactions or from sources such as disposal of assets as well as issuance of shares.

Payoffs refers to the amount paid to an employee either upon retirement or on leaving a job

6 0

3 years ago