Answer:
The current Price of the bond will be 1,006.20
Explanation:
We have to calculate the present value of the bonds cash flows at a 8.5% rate
<u>Present value ofthe interest service:</u>


PV = $563.9183
<u>Present Value of the principal</u>


PV = $422.2854
<u>Now we sum both concepts</u>
422.2854 + 563.9183 = 1006.2037 = 1,006.20
Answer:
The correct answer is letter "D": Overhead costs are high and there is considerable diversity among products.
Explanation:
Activity-Based Costing or ABC is a management accounting approach that assigns some indirect costs to goods incurring the bulk of certain costs. ABC is primarily used in the manufacturing sector to allow a proper estimate of the real cost of output per unit. ABC is mostly used when the firm offers a wide variety of products and their overhead costs are expensive.
Most businesses forego the use of ABC because the cost of introducing it exceeds the benefits of using it.
Answer and Explanation:
The matching is as follows:
1. B Segregation of duties as the duties are separated
2. A Establishment of responsibility as there is a responsibility
3. C. Physical control devices as the given situation represent the physical control devices
4. B. Segregation of duties as the duties are separated
5. D. Documentation procedures as the given situation represent there is some produres carried out for documentation
6. E. Independent internal verification as the given situation represent that there is an internal verification that to be done independently
7. F. Human resource controls as the given situation represent that there is a control of the human resource
Answer: Public assistance programs
Explanation: Public assistance programs also known as government welfare programs are designed to help the poor whose income falls below a certain level. These programs are designed to help these poor individuals to meet their basic requirements of life. The primary focus of these programs is to provide assistance to the children, disabled or the aged who are not responsible for their own poverty. People who are able to work are not eligible for these programs.
Answer:
8.13%
Explanation:
Annual return = [ (Total FV/Initial investment)^(1/n) ] -1
n = useful life of the project
Total Future Value = (22650*5) +5000
Total FV = $118,250
Initial investment = $80,000
Annual return = [ (118,250/80,000)^(1/5) ] -1
r = [ (1.478125^(1/5)] -1
r = 1.0813 - 1
r = 0.0813 or 8.13%