Answer:Yield to maturity is 9.59%; After tax cost of debt =7.672%
Explanation:
A) Yield to maturity ={ C + (FV-PV)/t} / {(FV +PV)/2}
Where C – Interest payment = $90
FV – Face value of the security
= $1000
PV – Present value/curent market value = $960
t – years it takes the security to reach maturity= 10 years
imputing the values and calculating,
yield to maturity ={ C + (FV-PV)/t} / {(FV +PV)/2}
= $90 + (1000-960)/10} / 1000 + 960 /2
$90 + 4= $94 /980= 0.0959
therefore Yield to maturity is 9.59%
B) After tax cost of debt = Yield To Maturity x (1 - tax rate)
=9.59% x (1-20%)= 9.59% x (1-0.2 )= 9.59% x 0.8 =
9.59 % x 80%=7.672%
Answer:
(A) $731,250
Explanation:
The formula to compute the break-even point in sales dollars is shown below:
= (Fixed expenses or Fixed cost) ÷ (Contribution ratio)
where,
Contribution ratio = Contribution margin ÷ sales
= $208,000 ÷ $650,000
= 0.32 or 32%
And, the fixed expense is $234,000
Now put the values to the above formula
So, the value would equal to
= $234,000 ÷ 32%
= $731,250
<em />I think it is C but don't quote me on it.
Answer:
$5300
Explanation:
Contribution margin for Division B = Sales * Contribution margin ratio
= $243,000 * 20%
= $46,800
Total contribution margin = Division A + Division B
= $46,400 + $46,800
= $93,200
Contribution margin $93,200
Less : Traceable fixed expenses $51,100
Less : Common fixed expenses (plug) $5300
Net operating income $33,800
Answer:
Parties
Explanation:
The parties are the political groups that are formed by people that have the same positions. The parties present their candidates for election, they help organize the political campaigns to get votes, try to promote the interests of their voters and at the end, their goal is that their candidates win the elections to be able to implement their ideas.
According to this, the answer is that championing ideas, selecting candidates, mobilizing voters, organizing post-election activities, and integrating new voters into the political process are the major jobs of the parties as these groups share an ideology and they pick candidates and help organize campaigns attracting voters to win elections and get their ideas in the government.