Answer:
C) $201,760
Explanation:
To compute the amount of cash proceeds, we have to multiply the bonds face value with the issued price percentage.
Since only issue price is given, so we assume it is in percentage form because the number of shares is not given in the question. So, we assume this.
In mathematically,
Cash proceeds = Face value × 0.97
= $208,000 × 0.97
= $201,760
Answer:
Harry is a proper holder of the instrument
Explanation:
Impostor rule is the legal principle which states that an imposter endorsement of a negotiable instrument is not a forgery. The loss falls on the drawer of cheque and not on the third party or the bank that clears it. Art and Harry acted in good faith for the consideration. Hence, Harry is a proper holder of the instrument as any person in its possession is its holder.
Answer:
1. The financial advantage of accepting the special order is $20,910.
2. The relevant unit cost is the variable selling and administrative expenses of $1.40 per unit.
Explanation:
1. What is the financial advantage (disadvantage) of accepting the special order?
Since this order would not affect regular sales or the company's total fixed costs, it implies that only the variable costs will be considered to determine the financial advantage (disadvantage) of accepting the special order.
Therefore, we have:
Total variable cost per unit = Direct materials + Direct labor + Variable manufacturing overhead + Variable selling and administrative expenses = $2.40 + $2.00 + $0.90 + $1.40 = $6.70
Special order financial advantage (disadvantage) = (Special price per unit - Total variable cost per unit) * Units of special order = ($19.00 - $6.70) * 1,700 = $20,910
Therefore, the financial advantage of accepting the special order is $20,910.
2. As a separate matter from the special order, assume the company’s inventory includes 1,000 units of this product that were produced last year and that are inferior to the current model. The units must be sold through regular channels at reduced prices. The company does not expect the selling of these inferior units to have any effect on the sales of its current model. What unit cost is relevant for establishing a minimum selling price for the inferior units?
Since these units are inferior to the current model and must be sold through regular channels at reduced prices, the unit cost that is relevant for establishing a minimum selling price for the inferior units is therefore the variable selling and administrative expenses of $1.40 per unit.
Emil company has $4 million in bonds outstanding. during the current year, the applicable market interest rate decreases. The fair value of Emil company's bonds likely will <u>increase.</u>
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<h3><u>Why Do Interest Rates Exist?</u></h3>
The fee that a lender assesses on a borrower is known as the interest rate, which is expressed as a percentage of the principal, or the loaned amount. Usually, the annual percentage rate (APR), which is how loans' interest rates are expressed, is indicated (APR).
Also subject to interest rates are earnings from savings accounts and certificates of deposit held by banks and credit unions (CD). Interest earned on these bank accounts is referred to as annual percentage yield (APY).
<u>How Are Interest Rates Set?</u>
The economy is just one of the many variables that affect the interest rates that banks charge. Each bank bases its range of APRs on the interest rate, which is established by the central bank of the nation (in the U.S., this would be the Federal Reserve).
Debt becomes more expensive when the central bank sets interest rates at a high level. When borrowing is expensive, people are less likely to do it, which lowers demand from consumers. Moreover, interest rates typically increase along with inflation.
Learn more about interest rates with the help of the given link:
brainly.com/question/8925253
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Answer:
good leadership
Explanation:
The fact that she inspires and not demands is an example of good leadership skills
