Answer:
$27,000
Explanation:
Assuming the minimum cost per day is the same as the penalty for each day the project lasts longer than 27days which is $1,000
Mininum completion cost = 27 × $1,000 = $27,000
Answer: Option (a) is correct.
Explanation:
Correct Option: a ratio between the inputs and outputs for which a manager is responsible.
The productivity refers to the value of output that is produce by a factor of production (For example; labor). It is also tell us about the efficiency of a person or any other factor of production for completing a particular work. Productivity grows as the output increases at a faster rate than the inputs.
Answer:
YTM = 6.51%
YTC = 6.40%
Explanation:
We need to solve using excel goal seek or bond formulas to generate the yield (interest rate) which matches the future couponb and maturity payment with the current selling price of the bond:
Present value of the coupon
C 40.000 (1,000 x 8% / 2 payment per year)
time 28 (14 years x 2 payment per year)
rate 0.032529972 (generate using goal seek tool)
PV $727.8688
Pv of the maturity (lump sum)
Maturity 1,000.00
time 28.00
rate 0.032529972
PV 408.06
PV c $727.8688
PV m $408.0612
Total $1,135.9300
As this is a semiannual rate we multiply it by 2
0.032529972 x 2 = 0.065059944 = 6.51%
We repeat the procedure with changing the time and end-value to adjust for the callabe conditions:
C 40.000
time 14 (7 years x 2 payment per year)
rate 0.032015131
PV $445.6984
Maturity 1,073.00 (call price)
time 14.00
rate 0.032015131
PV 690.23
PV c $445.6984
PV m $690.2316
Total $1,135.9300
Againg his will be a semiannual rate so we multiply by two:
0.032015131 x 2 = 0.064030263 = 6.40%
Answer:
11.00
Explanation:

36,000 net income
200,000 common stock / $4 per share= 50,000 shares
36,000 / 50,000 = 0.72 earnings per share

7.92 / 0.72 = 11