Answer:
at 13% --> $1,000
at 17% -->$806.54
at 10% --> $1,194.85
When the rates do not match people will only accept the bond if their desired market return can be acheive. Because, the coupon payment are fixed the only way to do so is by changing the price ofthe bond.
So bond with coupon rate above market are trade at a price higher than face value while, below market traded at lower price.
Explanation:
The market value of a bond is the present value of the future coupon payment and maturity given the current market rate
When the market rate matches the coupon rate then the bond is at par and sales at face value.
C 130.000
time 11
rate 0.17
PV $628.7337
Maturity 1,000.00
time 11.00
rate 0.17
PV 177.81
PV c $628.7337
PV m $177.8097
Total $806.5435
C 130.000
time 11
rate 0.1
PV $844.3579
Maturity 1,000.00
time 11.00
rate 0.1
PV 350.49
PV c $844.3579
PV m $350.4939
Total $1,194.8518
Answer:
A Apologises for any trouble and explain the change to each customer.
Explanation:
After changing the organization policy first the employees want to understand the policies of the company so that they are able to communicate with the customers but before that the employees required to grab more information with respect to the customer before dealing with it.
For any trouble, the employees should apologises it and explain to them what is the changes in the policy to each customer and why it is important
Hence, the first option is correct
Answer:
257 boxes
Explanation:
The computation is given below;
Daily Demand would be
= 5000 ÷ 365
Standard Deviation = 10 boxes
Lead Time = 2 Weeks + 3 Days = 17 Days
Service Level = 0.98
Reorder Point = avg(d) × LT + z × σd × sqrt(LT)
= 5000 ÷ 365 × 17 + 2.05 × 10 × 170.5
= 317
So, the number of boxes should be ordered is
= 317 - 60
= 257 boxes
Answer:
Debit Office Furniture account $710
Credit Cash account $170
Credit Accounts payable $710
Being entries to recognize office furniture partly paid for.
Explanation:
When items are purchased using cash, the corresponding credits in such transactions are recorded in the cash account. Where the item is purchased on account (or credit), the credit is posted to accounts payable.
Total worth of the office furniture = $170 + $540 = $710
The total debit for this will be recorded in the office furniture account.
Hence to recognize the transaction,
Debit Office Furniture account $710
Credit Cash account $170
Credit Accounts payable $710
Being entries to recognize office furniture partly paid for.
Answer:
C. $50,000
Explanation:
The computation of the Mabel's capital account after formation of the partnership account is shown below:
Total contribution by both the partners equals to
= Mabel contribution + Pierre contribution
= $25,000 + $50,000
= $75,000
Mabel contribution = Total contribution × Mabel share ÷ total share
= $75,000 × 4 ÷ 10
= $30,000
And, the land was sold for $50,000
So, Mabel share on the sale of land = $50,000 × 4 ÷ 10 = $20,000
Total amount recorded = $30,000 + $20,000 = $50,000
