Answer:
Current bond price is $891.74
Explanation:
Coupon rate: 7%
Tenor (Nper): 13 years
Par value: $1,000
YTM (discounting rate): 8.4%
Coupon received annually (PMT) = $1,000 * 7% = $70
Current bond price = present value of coupon received annually + present value of bond
To calculate PV of coupon received, we use excel in formula PV(discounting rate ,Nper,- PMT) = PV(8.4%,13,-70) = $541.30
or calculate manually = 70/(1+8.4%)^13+70/(1+8.4%)^12+…..+70/(1+8.4%)^1 = $541.30
present value of bond = 1000/(1+8.4%)^13 = $350.44
Current bond price = $541.30 + $350.44 = $891.74
Answer:
Beginning WIP= 122,000
Explanation:
Giving the following information:
Cost of goods manufactured= $524,000
Ending work in process= $79,000
Raw materials used in the production of $89,000
Direct labor of $145,000
Manufacturing overhead of $247,000
To calculate the beginning work in process we need to use the cost of goods manufactured formula:
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
524,000= Beginning wip + 89,000 + 145,000 + 247,000 - 79,000
Beginning WIP= 122,000
Answer:
The correct answer is Points of interaction.
Explanation:
The term touchpoint refers to all the points of contact between the client and a brand “that imply an interaction with a human need, at a specific time and place” (Risdon, 2013).
If there is an interaction then there is also an exchange of value between the individual and the organization. And professionals in Customer Experience have to understand what kind of value flows. We must ensure that the perceived value is greater than the cost.
On the other hand, the fact that an interaction occurs before a specific human need tells us that we must know what drives it. The need is what marks the nature of the interaction. In other words, the design of an experience changes radically depending on the needs involved.
The item has total cost paid after sales tax is $100.7.
The total cost for an item is the selling price that is paid after the addition of tax. The tax is the percent amount paid on the item over the selling price.
<h3>Computation for the total cost of the item</h3>
The cost of the item, <em>c</em> = $95
The percent tax added to the sale is, <em>t</em>=6%
The amount of tax paid is given as:
The amount of tax paid on the item is $5.7.
The total cost of the item is given as:
The total cost paid for the item after sales tax is $100.7.
Learn more about tax, here:
brainly.com/question/1362871
Answer:
James' credit union loan rate is 8.88% APR, the local bank loan rate is 9.34% APR.
Explanation:
Hi, since in both cases payments would be done in a monthly basis, we have to assume that the rate that we are looking for is APR (compounded monthly), and since there is no additional information in regards that 9.25% rate, we can assume that this is effective annually, so let´s convert this effective monthly rate into APR (compounded monthly)
First, we have to convert it into an effective monthly rate, that is:
Then we multiply by 12 and we get 0,088796 , which is 8.88% APR (compounded monthly)
This way James can compare both credits. The cheaper loan is from the credit union.
