Answer:
Interest payment = Interest rate per period × par value
5.5 percent coupon corporate bond (paid semi-annually)
Interest payment = 1/2 × 0.055 × 1000 = $27.5
6.45 percent coupon Treasury note (Treasury makes semi-annual coupons)
Interest payment = 1/2 × 0.0645 × 1000 = $32.25
Zero coupon bond:
Interest = 0 × 1000 = $0
Answer:
Inventory= $5,040
Explanation:
Giving the following information:
March 1, 2021, inventory: 1,000 gallons @ $7.20 per gallon = $7,200
Purchases:
Mar. 10 600 gals @ $ 7.25
Mar. 16 800 gals @ $ 7.30
Mar. 23 600 gals @ $ 7.35
Sales:
Mar. 5 400 gals
Mar. 14 700 gals
Mar. 20 500 gals
Mar. 26 700 gals
Total units= 3,000
Total sales= 2,300
Ending inventory= 700 units
LIFO (last-in, first-out)
Inventory= 700*7.20= $5,040
Answer:
Inventory= $5,325
Explanation:
Giving the following information:
Wattan Company reports beginning inventory of 25 units at $39 each. Every week for four weeks it purchases an additional 25 units at respective costs of $40, $41, $44, and $49 per unit for weeks 1 through 4.
Inventory= 25*39 + 25* 40 + 25*41 + 25*44 + 25*49= $5,325
Answer:
Me lol
Explanation: