Answer:
The answer is "B"
False
Explanation:
At maturity the bond’s realized yield can not be equal to 7% because of the uncertain future interest rate.
Answer:
The shares of common stock are outstanding are 24,920 shares
.
Explanation:
Outstanding shares
= Shares issued - Shares held as Treasury Stock shares
= $250000/$10 par - $1200/$15
= 25000 shares - 80 shares
= 24,920 shares
Therefore, The shares of common stock are outstanding are 24,920 shares
.
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Answer: The expected loss is $2.3
Explanation:
Total number of tickets to be sold = 100 tickets
one $450 prize, the expected gain = 450 x (1/100) = $4.5
two $110 prizes, the expected gain = 110 x (2/100) = $2.2
four $25 prizes. the expected gain = 25 x (4/100) = $1
Expected gain (loss) = Total expected gain - Cost of the ticket
= (4.5 + 2.2 + 1 ) - 10
= (2.3)
The expected loss is $2.3
Answer:
-$5,500
Explanation:
The computation of the overall effect on the company net operating income is as follows:
New Variable cost per unit is
= $44 + $11
= $55
Now the new contribution margin per unit is
= $220 - $55
= $165
New unit Monthly sales is
= 7,000 units + 500 units
= 7,500
Now
New total contribution margin :
= 7,500 units × $165
= $1,237,500
And, the Current total contribution margin is
= 7,000 units × $176
= $1,232,000
So, the change would be
= $1,232,000 - $1,237,500
= -$5,500
