Answer:
$880.31
Explanation:
For computing the new price of the bond we need to apply the present value formula i.e to be shown in the attachment
Given that,
Assuming Future value = $1,000
Rate of interest = 8.6% ÷ 2 = 4.3%
NPER = 8 years × 2 =
PMT = $1,000 × 6.5% ÷ 2 = $32.5
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the present value is $880.31
Answer:
Cafeteria Plan
Explanation:
The cafeteria plan is minimum benefits that the employer have to provide or personally provide to all the employees working in its organization. In some jurisdictions like USA and Europe, the employer has to provide minimum level of facilities and benefits to the employee which inculdes healthcare, pension contributions, etc.
Answer:
$13,200 per year
Explanation:
Amount incurred to improve the office space = $
Improvement expected to yield benefit = 10 years
Remaining life on it's lease = 8 years
Since the office space is not going to remain with Phoenix after the lease period, it means that the improvement expenses will be expensed over the remaining lease period I.e 8 years.
Therefore, the amount of expense that should be recorded the first year related to improvements can be calculated as;
= Amount incurred to improve the office space ÷ remaining life on its lease
= $105,600 ÷ 8
= $13,200 per year
If the number of employed workers equals 200 million and the number of unemployed workers equals 20 million, the unemployment rate equals 9%.
<h3>What is the unemployment rate?</h3>
The unemployment rate is the percentage of the labour force that is unemployed.
The unemployment rate = (number of unemployed people / total labour force) x 100
Total labour force = 200 million + 20 million = 220 million
(20 / 220) x 100 = 9%
To learn more about unemployment, please check: brainly.com/question/10940465
#SPJ1
Answer:
Explanation:
Cost of advertising the product - Selling & Administrative Cost
Fabric used to make the umbrellas -Direct Materials Cost
Maintenance of cutting machines used to cut the umbrella fabric so it will fit the umbrella frame -Manufacturing overhead Cost
Wages of workers who assemble the product - Direct labour Cost
President's salary - Selling & Administrative Cost
The salary of the supervisor of the people who assemble the product - Selling & Administrative Cost
Wages of the product tester who stands in a shower to make sure the umbrellas do not leak - Direct labour Cost
Cost of market research survey - Selling & Administrative Cost
Salary of the company's sales managers - Selling & Administrative Cost
Depreciation of administrative office building - Selling & Administrative Cost