The departments called that resemble separate businesses in
that they produce and market their own products are the Divisions. Furthermore,
the head of each division may be a corporate vice president or if the
organization is large enough, it is a divisional president.
C
Cause it doesn’t matter if he went to collage or not
C because some people can not afford to buy private goods which leads them to be excluding them from the products a firm makes
Answer:
a.
3.51%
b.
0%
Explanation:
a.
First, we need to calculate the YTM of 6 months zero-coupon bond by using the following formula
Price = Face value / ( 1 + YTM )^numbers of years
96.79 = 100 / ( 1 + YTM )^1
1 + YTM = 100 / 96.79
1 + YTM = 1.0331646
Now calculate the YTM of 1 Year zero-coupon bond
93.51 = 100 / ( 1 + YTM )^1
YTM = 1.0331646 - 1
YTM = 0.0331646
YTM = 3.31646%
YTM = 3.316%
1 + YTM = 100 / 93.51
1 + YTM = 1.06940
YTM = 1.06940 - 1
YTM = 0.06940
YTM = 6.940%
YTM = 6.94%
Hence the forward rate is calculated as follow
Forward rate = [ (1 + YTM of 1 year zero coupon bond ) / ( 1 + YTM of 6 months year zero coupon bond ) ] - 1 = ( 1 + 6.94% ) / ( 1 + 3.316% ) = [ 1.0694 / 1.03316 ] - 1 = 1.03508 - 1 = 0.03508 = 3.508% = 3.51%
b.
At the time of inception the formward rate is 0.
Answer:
$13,971
Explanation:
An income statement indicates the profit or loss a business makes in the financial period. Profits or loss is realized by subtracting expenses from revenue.
The revenue for Indigo Corporation is $35,644,
<u>Expenses</u>
Salaries and Wages Expense $13,785
Insurance Expense $1,799
Rent Expense $3,872
Supplies Expense $1,413
Depreciation Expense <u> $804</u>
Total expenses <u> $21,673 </u>
Income will be
=$35,644 - $21,673
= $13,971
Retained Earnings and Dividends are part of company profits. They are not business income or expenses.
