Answer:
B) Investing Activities
Explanation:
Investing activities deal with cash transactions involving movement of items of Property, Plant and Equipment. These transactions include purchase costs and sale proceeds of assets.
Answer:
Explanation:
Using a financial calculator; input the following;
Duration to maturity ; N = 3*2 = 6
Par value of the bond ; FV = 1000
Semiannual interest rate; I = 3%
Semiannual coupon payment;PMT = (7%/2)*1000 = 35
then compute the price; i.e the present value; CPT PV = 1027.09
The price after 6-months would be as follows;
Duration to maturity ; N = 2.5*2 = 5
Par value of the bond ; FV = 1000
Semiannual interest rate; I = 3%
Semiannual coupon payment;PMT = (7%/2)*1000 = 35
then compute the price; i.e the present value; CPT PV = 1022.90
Answer:
The answer is: The selling price is $76.05
Explanation:
To calculate the markup we can use the following formula:
Markup Percentage = Gross Profit / Unit Cost
where:
- unit cost = $45
- markup percentage = 69%
- gross profit = selling price - unit cost
69% = gross profit / $45
69% x $45 = gross profit
$31.05 = gross profit
$31.05 = selling price - $45
selling price = $76.05
