Answer:
10.46%
Explanation:
Data provided in the question
NPER = 4 years
Price of the bond is $956.12
Yield to maturity is 11.43%
Coupon rate = 10%
We assume the face value be $1,000
So the coupon payment is
= Face value × Coupon rate
= $1,000 × 10%
= $100
Now the current yield on this bond is
= Coupon payment ÷ Price of the bond
= $100 ÷ $956.12
= 10.46%
Answer:
59
Explanation:
Let x = length of the rows
we can derive two equations from this question
1. 7x + 3
2. 5x + 19
Since the number of chairs are equal in the two equations :
7x + 3 = 5x + 19
solve for x
2x = 16
x = 8
Substitute for x in either equations
7(8) + 3 = 59
5(8) + 19 = 59
Answer:
Option a ($50.00) seems to be the right approach.
Explanation:
The given values are:
Annual dividend is,
= $4.00
Required return is,
= 8.00% i.e., 0.08
By using the formula, we get
⇒ 
On putting the above given values, we get
⇒ 
⇒ 
($)
Answer:
information technology
Explanation:
Information technology is the study of systems for the sake of storing transforming and extraction of information. It includes the software and hardware for storage and transformation and retrieval of of information. All other information relates to the analysis and management of information which does not involve the hardware.
Answer:
Under absorption costing ,net operating income = $63625
Explanation:
<u> Cost per unit:</u>
Variable cost per unit = 675 per unit (a)
Fixed cost per unit = Fixed overhead cost /uits produced = 63000/350
= 180 per unit (b)
Total cost per unit = (a)+(b)= 675+180= 855 per unit
Hayek Bikes
Income statment
( Absorption costing)
$
Sales (225 * 1625) = 365625
less: <u>Cost of goods sold:</u>
(225 * 855) = <u>(192375)</u>
Gross profit 173250
Less: variable selling and administraive expense 14625
Fixed selling and admintrative expense <u>95000 </u>
=(<u>109625</u>)
Net operating income 63625
