To Calculate YTM,
YTM = {C + (F-P)/n}/(F+P)/2
where C = coupon rate,
F = face value
P = price
n = no.of years
Therefore, YTM = {90+(1000-874.6)/7}/(1000+874.6)/2
=> 11.72%
Answer: B is correct
Explanation:
Sales salaries will increase by exactly 5%. The per-unit commission amount will remain constant, but sales commissions in total are expected to increase by 10%. Thus, total sales salaries and commissions will increase somewhere between 5% and 10%.
Answer:100
Explanation:
The following information can be gotten from the question:
Cost for 10 sofas = $2500
Cost for 12 sofas = $2760.
Average Cost = Total Cost/Quantity
2500 / 10 = $250 and
$2760 / 12 = $230
The average cost for 12 sofas will be $230
Marginal cost is the change in total cost divided by the change in quantity. This will be:
= ( 2760 - 2500 )/( 12 - 10 )
= 260/2
= 130
The difference between the average cost per sofa for 12 sofas and the marginal cost of the 12th sofa will be:
=230 - 130
= 100
Almost all modern vehicles use fuel-injection systems. These systems have nearly replaced the <span>carburetors (a) </span>used on cars for years.
Cost of goods sold can be calculated by adding the cost of goods manufactuted and the beginning inventory less the ending inventory.Thus,we will use the formula
Cost of goods sold =cost manufactured +beginning inventory-endong inventory
Substitute the values,we will get
Cost of goods sold =$600000+$70000-$85000
=$585,000
The Cost of goods sold is d.$585,000
