In the foreign exchange market, the price of one nation's currency in terms of the currency of another nation is known as the

Butler, Inc. paid $75,000 to retire a note with a face value of $83,000. The note was issued with an 8% coupon rate paid semiann

Citrus2011 [14]

Answer:

Option (A) is correct.

Explanation:

Given that,

Amount paid to retire a note = $75,000

Face value of a note = $83,000

Coupon rate = 8% (Paid semi-annually)

Net book value of a note = $68,200

The net gain or loss on the redemption of the note is determined by the difference between the net book value of the note and the amount paid to retire the note. A negative amount indicates that there is a loss on the redemption and a positive amount indicates that there is a gain on the redemption.

Net gain or loss:

= Net book value of a note - Amount paid to retire a note

= $68,200 - $75,000

= -$6,800

Therefore, there is a net loss of $6,800 on the redemption of the note.

3 0

4 years ago

Deal or No Deal. You are a contestant with 5 suitcases left: $1 $30,000 $100,000 $300,000 $750,000 The bank offers you $250,000

Leviafan [203]

Answer:

Deal

Explanation:

Amount of cash left in the 5 Suitcase = $1 , $30000, $100000, $300000, $750000

The probability of selecting each bad is equal and it is 1/5

Thus, the expected value of prize = 0.2(1+30000+100000+300000+750000)

= 0.2 * 1180001

= $236,000.2 0

Since the bank is offering amount of $250,000 which is greater than the expected value, then it is considered as a deal.

3 0

3 years ago

A manufacturer of cedar shingles has supplied the following data: Bundles of cedar shakes produced and sold 360,000 Sales revenu

lina2011 [118]

Answer:

Break-even point in units= 346,087

Explanation:

First, we need to calculate the unitary selling price and unitary variable cost:

Selling price= 2,412,000 / 360,000= $6.7

Unitary variable cost= (1,170,000 + 414,000) / 360,000= $4.4

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= (714,000 + 82,000) / (6.7 - 4.4)

Break-even point in units= 346,087

5 0

3 years ago

Amazon built a new distribution facility in Robbinsville, New Jersey. It is immediately off the exit of a major road. This is an

Aleksandr [31]

Answer:

Option "D" is the correct answer to the following question.

Explanation:

A corporation's physical resources describe as all the measurable and material resources a company holds and uses, including land, production equipment, and electrical equipment and all tangible goods, buildings, furniture, land all include in physical resources.

In the following case, the new distribution facility is a physical resource for Amazon.

5 0

3 years ago

The specifications for a plastic liner for a concrete highway project calls for thickness of 5.0 mmplus or minusÂ±0.10 mm. The s

expeople1 [14]

Answer and Explanation:

The computation is shown below:

Upper specification limit is

= 5 + 0.1

= 5.1 mm

Lower specification limit is

= 5- 0.1

= 4.9 mm

The process cabability index is

= min(USL - mean ÷ 3 × standard deviation , mean - LSL ÷ 3 × standard deviation)

= min((0.1 ÷ 3 ×0.02) , (0.1 ÷ 3 × 0.02))

= min(1.67,1.67)

= 1.67

Since Upper specification is 5.1 mm

And, the Mean line is 5 mm

So, the upper specification lies at a distance for

= 5.1 - 5

= 0.1 mm

Standard deviation is 0.02 mm

Hence, upper specification lies at

= 0.1 ÷ 0.02

= 5

This standard deviation from the means

5 0

3 years ago