I’m pretty sure the answer is c
Answer:Yield to maturity is 9.59%; After tax cost of debt =7.672%
Explanation:
A) Yield to maturity ={ C + (FV-PV)/t} / {(FV +PV)/2}
Where C – Interest payment = $90
FV – Face value of the security
= $1000
PV – Present value/curent market value = $960
t – years it takes the security to reach maturity= 10 years
imputing the values and calculating,
yield to maturity ={ C + (FV-PV)/t} / {(FV +PV)/2}
= $90 + (1000-960)/10} / 1000 + 960 /2
$90 + 4= $94 /980= 0.0959
therefore Yield to maturity is 9.59%
B) After tax cost of debt = Yield To Maturity x (1 - tax rate)
=9.59% x (1-20%)= 9.59% x (1-0.2 )= 9.59% x 0.8 =
9.59 % x 80%=7.672%
Answer: The labor efficiency variance for the month is closest to: $2576
Explanation:
Given:
Actual output 8,800 units
Actual direct labor-hours 1,610 hours
Actual direct labor rate $ 23.30 per hour
The labor efficiency variance for the month is computed as :
The labor rate variance = Actual hours×(Actual rate - Standard rate)
=1610 ×($23.30-$21.70)
=$2576
<span>E. Conceptual and decision</span><span>
The Internal auditor is the person who reviews the operating and accounting control procedures adopted by management to make sure the controls are adequate.
Internal audit within the company is not only done to review operating and accounting control procedures but to recommend ways that will further operation and accounting control within the company. </span>
Answer:
Entrepeneur
Explanation:
The entrepeneur is the person that is willing to take the financial risk linked to open up a business with the desire of obtain a profit.
