C. The third party is a desperate business. If it sees a major flaw from the third party it could possibly take action but this isn't as much of a worry as one would think.
Answer: See explanation
Explanation:
a. The company's total book value of debt will be:
= Value of debt + Value of zero coupon bonds
= $70 million + $100 million
= $170 million
b. The market value will be:
= Quoted price × Par value
= ($70 × 1.08) + ($100 × 0.61)
= $75.6 + $61
= $136.6 million
c. The aftertax cost of debt will be:
= (1 - Tax rate) × Pre tax cost of debt
= (1 - 35%) × 5.7%
= 65% × 5.7%
= 3.7%
Answer:
Standard Hours Standard Rate per Hour Standard Cost
24 minutes (0.4 hrs.) $5.40 $2.16
During August, 8,390 hours of direct labor time were needed to make 19,600 units of the Jogging Mate. The direct labor cost totaled $43,628 for the month.
1. What is the standard labor-hours allowed (SH) to makes 19,600 Jogging Mates?
- 19,600 jogging mates x 0.4 hours = 7,840 hours
2. What is the standard labor cost allowed (SH × SR) to make 19,600 Jogging Mates?
- 7,840 hours x $5.40 = $42,336
3. What is the labor spending variance?
- labor spending variance = standard cost - actual cost = $42,336 - $43,628 = $1,292 unfavorable
4. What is the labor rate variance and the labor efficiency variance?
- labor rate variance = (standard rate - actual rate) x actual hours = ([$5.40 - ($43,628/8,390 hours)] x 8,390 hours = ($5.40 - $5.20) x 8,390 hours = $0.20 x 8,390 = $1,678 favorable
- labor efficiency variance = (standard hours - actual hours) x actual rate = (7,840 hours - 8,390 hours) x $5.20 = -550 hours x $5.20 = -$2,860 unfavorable
Answer:
#2 is concierge
#3 is event planner
#4 is cafeteria worker
#5 is garden ranger
#6 is exhibit developer
#7 is kitchen steward
#8 is destination manager
#9 is pastry chef
#10 is desk clerk
#11 is bell captain
#12 is slot supervisor
#13 is club membership developer
#14 is dishwasher
#15 is motion picture something?
#16 is van driver
#17 is amusement ride attendant
#18 is waiter
#19 is sports book writer
#20 is product demonstrator
#21 is festival promotional something?
#22 is animal trainer
#23 is ticket taker
#24 is tour operator
#25 is dietician
#26 is welcome center supervisor
#27 is baggage porter
#28 is cut off
#29 is restaurant owner
#30 is barista
Explanation:
HOPE THIS HELPS! :)
