The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands):
1 answer:
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Answer:
$1.07
Explanation:
The marginal cost measures the change in total cost of adding on more worker divided by the change in product for this additional worker (marginal product of labor). When adding one more worker, costs will increase by $80 (wage rate), while product will increase by 75. Therefore, the marginal cost is:
The marginal cost is $1.07.
Answer:
The correct answer is "43,000".
Explanation:
The given values are:
Carrying amount,
= $4060000
Face value,
= $3900000
Now,
For June 30, 2021, the Interest expense will be:
=
=
For June 30, 2021, the cash interest will be:
=
=
Now,
On June 30, 2021, the premium's amortization will be:
= Interest expense - Cash interest
=
=
On retirement, the cash paid will be:
=
=
On June 30, 2021, the less carrying amount will be:
= Carrying amount - amortization
=
=
Then,
The loss on retirement as well as ignoring taxes will be:
= Cash paid - less carrying amount
=
=