Answer:<u> Selling Price = $9803.92</u>
Explanation:
Given:
Treasury bill will provide 2% return in every 6 months.
Time = 6 months
Rate of return = 2% per 6 months
Selling Price of Treasury bill =
Selling Price =
<u><em>Hence price we would expect a 6-month maturity Treasury bill to sell for is $9803.92</em></u>
Answer:
a) For this case we want to find an equation on the following form:
And if we use excel as we can see on the figure attached the best model is:
b) For this case we can use the relative change in order to calculate the % of variation between 2010 and 2017:
c) If we use the model created we just need to replace x =8 and we got:
And the difference respect the observed values is:
Explanation:
For this case we have the following data, let X= the amount of years since 2009. Because if we select starting from 0 the natural log of 0 not exists.
t x y
2010 1 92.0
2011 2 101.0
2012 3 112.0
2013 4 124.0
2014 5 135.0
2015 6 149.0
2016 7 163.0
2017 8 180.0
Part a
For this case we want to find an equation on the following form:
And if we use excel as we can see on the figure attached the best model is:
Part b
For this case we can use the relative change in order to calculate the % of variation between 2010 and 2017:
Part c
If we use the model created we just need to replace x =8 and we got:
And the difference respect the observed values is:
Full question attached
Answer and Explanation:
1. Hearts R Us should account for the preferred shares series A financing as equity at issuance since it is not mandatory to redeem at issuance according to ASC 480-10-15-3
2. Here Hearts R Us may have to reclassify the preferred shares series A financing from Bionic considering no FDA approval yet and the failure of the heart valve product. Bionic has the option/right to redeem at par value in the fifth year if there is no FDA approval and so Hearts R Us would have to buy back the security from Bionic at par value(amount sold to Bionic) and classify as common stock.
According to my opinion, what the agent did wrong is that he asked him to write the answers of the questions two more times because when we write again and again the same thing our handwriting changes.And what the agent did right is that he influenced him to compose all that he says as he directs the data to the suspect because in this way they can see whether the handwriting matches it or not.
Answer:
Does the agreement specify that ownership of the asset transfers to the lessee? NO
Does the agreement contain a bargain purchase option? NO
Is the lease termequal to75% or more of the expected NOeconomic life of the asset? NO (4 < (.75 X 6))
Is the present value of the minimum lease payments equalto or greater than 90% of the fair value of the asset? NO
10,000 X 3.72325
= (37233 < (.9 X 44,000))
Annuity due : n=4, i=5%.
Does the agreement specify that ownership of the asset transfers to the lessee? NO
Does the agreement contain a bargain purchase option? YES
Is the lease termequal to75% or more of the expected NOeconomic life of the asset? Yes (4 > .75X5)
Is the present value of the minimum lease payments equalto or greater than 90% of the fair value of the asset? NO
35,456 < (.9 X 43,000)
10,000 X 3.54595
Ordinary annuity
n=4, i = 5%.