The issuer is supposed to pay back the face value of the bond to you in full
Answer:
assets on the balance sheet.
Explanation:
Reserves are percentages of deposits that are required for depository institutions to keep to meet unforeseen contingency. they are usually kept in bank vaults
they are assets and they cannot be lent out
Answer:
$84,147.26
Explanation:
For this question, we use the Future value formula that is shown in the spreadsheet attachment below:
Data provided in the question
Present value = $0
Rate of interest = 9%
NPER = 8 years
PMT = $7,000
The formula is shown below:
= -FV(Rate;NPER;PMT;PV;type)
So, after solving this, the future value is $84,147.26
Answer:
A.$118.33
Explanation:
The computation of unit product cost is shown below:
= Direct materials per unit + Direct labor per unit + Variable manufacturing overhead per unit + Fixed manufacturing overhead per unit
where,
Fixed manufacturing overhead per unit = $17,000 ÷ 510 units = $33.33
All the other items would remain the same
Now put these values to the above formula
So, the per unit would equal to
= $30 + $35 + $20 + $33.33
= $118.33