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timofeeve [1]
4 years ago
14

Last year Carson Industries issued a 10-year, 13% semiannual coupon bond at its par value of $1,000. Currently, the bond can be

called in 6 years at a price of $1,065 and it sells for $1,200. What is the bond's nominal yield to maturity
Business
1 answer:
ANEK [815]4 years ago
3 0

Answer:

10%

Explanation:

This can be calculated using the nominal yield to maturity (YTM) formula as follows:

Yield to maturity = [C + ((F - P) / n)] / [(F + P) / 2]  ........ (1)

Where;

F = Face or par value = $1,000

C = Coupon or interest payment = $1,000 * 13% = $130

P = quoted price = $1,200

n = Years to maturity = 10

Substituting the values into equation (1), we have:

Yield to maturity = [130 + ((1,000 - 1,200) / 10)] / [(1,000 + 1,200) / 2]  = 0.10, or 10%.

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A manufacturing company has a beginning finished goods inventory of $15,400, raw material purchases of $18,800, cost of goods ma
cupoosta [38]

Answer:

$30,900

Explanation:

The beginning finished goods is $15,400

Raw materials purchased is $18,800

The cost of goods manufactured is $34,100

Ending finished goods is $18,600

Therefore the cost of gods can be calculated as follows

= 15,400+34,100-18,600

= 49,500-18,600

= 30,900

Hence the cost of goods sold by the company is $30,900

8 0
3 years ago
Answer quick will give brainliest
motikmotik

Answer:

  • The image was different from the thin, too perfect models usually seen in beauty ads.
  • The image enabled female consumers to identify with the women in the ads.

Explanation:

Dove's use of women of all sizes and shapes in their underwear was hailed as revolutionary because it was seen as a departure from the thin and perfect models that were often seen in such ads.

These had contributed to the hate that some women felt towards their bodies and Dove's message of body positivity really resonated as women were able to identify with the women in the ads unlike the previously 'perfect' models that had been used.

The result was a massive success as body positivity messages and campaigns were started and Dove benefitted from these in no small way by becoming one of Unilever's biggest brands.

4 0
3 years ago
A nursery has $40,000 of inventory in dogwood trees and red maple trees. the profit on a dogwood tree is 27% and the profit on a
Afina-wow [57]

Answer: The amount invested in the dogwood tree was $5000, while $35000 was invested in the red maple tree.

We arrive at the answer as follows:

Let the proportion of dogwood trees be x.

Then the proportion of red maple trees in the nursery will be 1-x, since there are only two types of trees in the nursery.

We use the following formula to find the proportion dogwood and maple trees in the nursery:

20 = 27x + 19(1-x)

Solving for x we get

20 = 27x + 19 - 19x

x = \frac{1}{8}

We can find the proportion of maple trees as follows:

1 - \frac{1}{8} = \frac{7}{8}

Since we have the proportions, we can easily find the amount invested in type of tree as follows:

Dogwood = 40000*\frac{1}{8} = 5000

Red Maple tree = 40000*\frac{7}{8} = 35000

5 0
3 years ago
Family Fashions Corporation discontinued Kid-Choice, its entire line of children's clothing, in November of 2009. Prior to the d
Veronika [31]

Answer: A $250,000 gain should be in the "discontinued operations" section of the income statement.

Explanation:

Since there was a loss of $600,000 for the period from January through the sale date while there was a gain of $850,000 on the actual sales, then the situation should be reported in the financial statements of Family Fashions for 2009 as a gain of ($850,000 - $600,000) = $250,000 should be in the "discontinued operations" section of the income statement.

Discontinued operations refers to the part of the business which has been shut down or divested. They're separated from the continuing operations when reported.

8 0
3 years ago
Megan purchased a new vehicle for $40,000. She put $5,000 down and financed the $35,000 balance over 5 years. What is the impact
Zolol [24]

Answer: c. Her net worth remains the same.

Explanation:

Her Net worth would be her assets less her liabilities.

Her added Assets would be the new vehicle less the amount she put down for it as this would reduce her cash holdings.

Her added liabilities would be the amount she owes from buying the car

= Net Assets - Liabilities

= ( 40,000 - 5,000 ) - 35,000

= $0

The addition to her Net Worth is zero so her net worth remains the same.

6 0
3 years ago
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