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andrezito [222]

3 years ago

15

A customer owns a convertible subordinated debenture, convertible into common at $25 per share. The bond is currently trading at

par. If the bond's market price increases by 20%, the conversion ratio will be:A. 25:1B. 32:1C. 40:1D. 48:1

1 answer:

Dafna1 [17]3 years ago

3 0

Answer:

c:40:1 OR B:32:1

Explanation:

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Company incurred the following costs while producing units: direct materials, per unit; direct labor, per unit; variable ma

vagabundo [1.1K]

Answer:

"$45" seems to be the correct answer.

Explanation:

The query given appears insufficient or unfinished. Please find attachment of the full questionnaire.

According to the question:

Direct Material

= 9

Variable Manufacturing Overhead

= 16

Direct Labor

= 20

Now,

The units product cost will be:

= $Direct \ Material + Direct \ Labor +Variable \ Manufacturing \ Overhead$

= $9+20+16$

= $45$ $

6 0

3 years ago

Quiz week 3 - 401(k) & investing a 6. if a person starts investing $100 per month starting at age 21, and that money earns a

Ksju [112]

To solve this problem, we use the formula:

F = A [(1 + i)^n – 1] / i

where,

F is the future value or the amount he will have

A is the amount he invest each year = 1200

n is number of years = 70 – 21= 49

i is the interest or return rate = 7% = 0.07

Hence the value of F is:

F = 1200 * [1.07^49 – 1] / 0.07

<span>F = $454,798.80 </span>

7 0

3 years ago

Read 2 more answers

34s left The National Income Accounts Unanswered GNP equals GDP A. minus net receipts of factor income from the rest of the worl

ra1l [238]

Answer:

D. plus net receipts of factor income from the rest of the world

Explanation:

Gross national product (GNP) is the value of all final goods and services produced by a country's residents both at home and abroad.

GNP = Consumption + Investment + Government + Net Export + Net factor income from abroad

6 0

3 years ago

Two firms examined the same capital budgeting project which had an IRR of 16%. One firm accepted the project but the other rejec

Mrrafil [7]

Answer:

the statement is not valid. A company can reject the 16% IRR project if it is less than its discount rate. the discount rate is the minimum acceptable rate at which a project can be accepted. so, if 16% is less than than the discount rate, the project would be rejected.

on the other hand, if the discount rate is less than 16%, the project should be accepted because the return of the project would be greater than the discount rate.

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

7 0

3 years ago

The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment incl

Kisachek [45]

Answer:

Time Warner, Inc.

a.

Turner Home Box Office Warner Bros. Total

Segment Revenues

(in millions) $21,700 $22,200 $80,600 $124,500

Variable costs 4,774 10,434 25,792 41,000

Contribution margin $16,926 $11,766 $54,808 $83,500

Contribution ratio 78% (100 - 22) 53% (100 -47) 68% (100 -32) 67%

b. Certainly, Turnover and Warner Bros. are more profitable businesses than Home Box Office in terms of total contribution margin (dollars) and contribution margin ratio.

Explanation:

a) Data and Calculations:

Segment Revenues

(in millions)

Turner (cable networks and digital media) $21,700

Home Box Office (pay television) 22,200

Warner Bros. (films, television, and videos) 80,600

Assume that the variable costs as a percent of sales for each segment are as follows:

Turner 22%

Home Box Office 47%

Warner Bros. 32%

b) The contribution margin ratio for the three segments can easily be determined by subtracting the variable costs percentages from 100 for each segment instead of doing more computations (Contribution margin/Sales Revenue * 100). But the results are the same for either method.

6 0

2 years ago