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rodikova [14]
3 years ago
5

PGP Co. expects to issue a $1,000 face-value bond that matures in 8 years. The annual coupon rate is 9% and interest payments ar

e expected to be paid annually. Similar bonds are currently priced at 101.4% of face value. Given this information, what is the required return by bond holders
Business
1 answer:
Harlamova29_29 [7]3 years ago
4 0

Answer:

Required return is 8.75%

Explanation:

Given,

FV (Face Value) is $1,000

PV (present Value) is computed as:

PV = FV × Price

= $1,000 × 101.4%

= $1,014

Nper (Number of years) is 8 years

PMT (Monthly payment) is computed as:

PMT = FV × Coupon rate

= $1,000 × 9%

= $90

r (Required return) is computed by using the excel formula:

=Rate(nper, pmt, pv, fv, type)

= Rate (8,90,-1014,1000,0)

= 8.75%

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A company purchases and uses 40000 gallons of materials for which they paid $3 a gallon. The materials price variance was $90000
iogann1982 [59]

Answer:

the standard price per gallon is $5.25

Explanation:

the computation of the standard price per gallon is given below;

Materials Price Variance = Actual Quantity × (Standard Price - Actual Price)

$90,000 = 40,000 × (Standard Price - $3)

$2.25 = Standard Price - $3

Standard Price = $5.25

Hence, the standard price per gallon is $5.25

The same should be considered

4 0
3 years ago
Tania starts a bookstore with her friend. However, owing to other commitments, Tania is unable to help with the daily operations
zheka24 [161]

Answer:

Tania is a "limited partner ".

Explanation:

  • A limited partner, commonly recognized as either a silent partner, seems to be an individual and therefore not just a week as a well-to-day corporate administrator. The responsibility of a limited partner could never increase the total spent by that department in the organization.
  • For example, this type of relationship seems to have at least a single special partner but each restricted partner.
7 0
3 years ago
Megan’s balance sheet shows that on February 7, 2010 she had assets totaling $27,600 and debts totaling $32,500. Which of the fo
balandron [24]

Answer:

Option (C) is correct.

Explanation:

Given that,

Megan’s balance sheet shows:

Total assets = $27,600

Total debts = $32,500

Net worth is the difference between total assets and total liability.

Net worth = Total assets - Total debts

                 = $27,600 - $32,500

                 = -$4,900

Therefore,

Megan’s balance sheet shows the negative worth of $4,900.

4 0
3 years ago
Data mining is an integral part of ___________________ which is the overall process of converting raw data into useful informati
bekas [8.4K]

Knowledge discovery in databases (KDD), which is the total process of transforming raw data into valuable information, includes data mining as a crucial component.

<h3>What is data mining and how it works explain?</h3>

In order to uncover patterns in company data that may be used to make better decisions, data mining is the application of a number of technologies, methods, and analytical approaches. It combines statistics, artificial intelligence, and machine learning to find patterns, correlations, and anomalies in enormous data sets.

<h3>Why is data mining useful?</h3>

The ability to find hidden patterns for one's own use is made possible by data mining software, which is incredibly helpful to enterprises. Since they are employed in data analysis and forecasting, these patterns help to improve business relationships by increasing the potential of the organization.

Learn more about data mining: brainly.com/question/17092948

#SPJ4

4 0
2 years ago
On the end-of-period spreadsheet, Accumulated Depreciation has a balance of $600 in the Unadjusted Trial Balance column and an a
Viefleur [7K]

Answer:

D. A credit of $800

Explanation:

The accumulated depreciation is the total depreciation over the years of use of an asset. It usually has a credit balance.

Hence where Accumulated Depreciation has a balance of $600 in the Unadjusted Trial Balance column and an adjustment of $200 in the Adjustments Credit column, the total balance in the Adjusted Trial Balance column is the sum of the two credits

= $600 + $200

= $800 (credit)

3 0
3 years ago
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