Answer:
When the bond is sale at premium, it means the market rate is lower than coupon rate. So investor purchase the bond a higher price until the bond yield equal the market rate
If sold at discount, the market rate is higher than coupon rate. This means it's sold below face value to increase the bond yield to market rate.
YTM if market price is 887 = 10.7366190%
YTM if market price is 1,134.2= 7.1764596%
Explanation:
For the YTM we can calculate an estimated using the following formula:
Where:
C= coupon payment 1,000 x 9% = 90
F= face value of the bonds = 1000
P= market price = 887
n= years to maturity = 10
YTM = 10.7366190%
C= 90
F= 1000
P= 1134.2
n= 10
YTM = 7.1764596%
A more precise answer can be achieve using excle or a financial calculator.
Answer:
Explanation:
WORK IN PROCESS INVENTORY
May 1 balance 3770 May 31 Finished Goods 9234
31-May Material 11470
31-May labour 13870
31-May Overheads 9431.6
may 31 Balance 29307.6
JOB COST SHEET
Job no. Beg. WIP Material Labour Overheads Total
430 1340 3850 3400 2312 10902
431 0 4680 8170 5555.6 18405.6
TOTAL 1340 8530 11570 7867.6 29307.6
Note: Total cost of Job 429 transferred to Finished goods:
Beginning cost 2430
Add: Material 2940
Add: Labour 2300
Add: Overheads (2300*68%) 1564
Total cost of Job 429 9234
Answer:
c. low and banks are unable to loan out all of their excess reserves. d
Explanation:
Lower required reserve ratio means banks have more money to lend. When banks are able to lend all its excess money, then money supply increases for citizens.
Answer:
Total liabilities is $170,500
Explanation:
Warren's total liabilities at end of April comprises of the beginning balance of liabilities of $77,000 plus the notes payable signed in respect of the building acquired in the course of the year,the computation is shown below:
Beginning balance of liabilities $77,000
Notes payable $93,500
Total liabilities $170,500
The notes signed by employee of $11,700 is notes receivable as the employee is owing the company and should be classified as notes payable ,but notes receivable instead, an asset.
<span>If profit per unit equals (price - cost per unit) and costs are temporarily fixed, then the aggregate supply curve will have a positive slope. From the equation that the profit per unit is equal to price minus by the cost per unit meaning that as prices rises and more output is produced. In doing so, as the effect of more output corresponding to an increase in price with a slope rising to the right depends on the response of the costs.</span>
