Answer: $650,000
Explanation:
Given that,
Fair and par value of issued bonds = $150,000
Prior acquisition, McGuire reported
Total assets = $500,000
Liabilities = $280,000
Stockholders’ equity = $220,000
At that date, Able reported
Total assets = $400,000
Liabilities = $250,000
Stockholders’ equity = $150,000
Account payable to McGuire = $20,000
Total assets reported by McGuire after acquisition:
= Total assets + Fair value of investment
= $500,000 + $150,000
= $650,000
Answer:
the YTM is 9.38 %.
Explanation:
Bond Prices in most countries is expressed per $100. We shall use this as the Price for the bond in question.
Then the Yield to Maturity (YTM), r of the Bond can be determined as follows
Pv = - $103
pmt = ($100 × 9.80) ÷ 2 = $4.90
p/yr = 2
n = (14 - 2) × 2 = 24
Fv = $100
r = ?
Using a Financial Calculator, the Yield to Maturity (YTM), r is 9.38 %
you own 30% of the shares issued.
Answer:
The company could pay up to 866,965.89 dollars today to solve the current heat exchanger situation
Explanation:
We have to determinate the present value of 7 year annuity which increase at a rate of 7% when the cost of capital is 15% being the first quota 175,000 dollars
grow rate 0.07
required return 0.15
Cuota 175,000
n 7
PV = 866,965.89
The answer is C. Renters' insurance is an excellent idea for tenants.
But the decision to purchase is up to the renters. There are many
options for coverage levels and companies available. The landlord should
have property insurance, but the renter should also have their own
insurance to cover their belongings.