Answer:
Current price of bond is $1060.47
Explanation:
Coupon payment = 1000 x 8% = $80 yearly = 80/2 = $40 semiannually
Number of periods = n = 8 years x 2 periods per year = 16
Yield to maturity = 7% yearly = 7% / 2 = 3.5%
Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Price of the Bond =$80 x [ ( 1 - ( 1 + 3.5% )^-16 ) / 3.5% ] + [ $1,000 / ( 1 + 3.5% )^16 ]
Price of the Bond = $80 x [ ( 1 - ( 1.035 )^-16 ) / 0.035 ] + [ $1,000 / ( 1.035 )^16 ]
Price of the Bond = $483.76 + $576.71
Price of the Bond = $1,060.47
The gross sales will be given by:
Gross sales=(net sales)+(sales returns)+(discount)
net sales=$50000-
Return inwards(sales returns)=$ 10000
Discount=$ 1500
Thus;
Gross Sales=50000+10000+1500
=61,500
The answer is B. $61,500
Answer:
Results are below.
Explanation:
Giving the following information:
The jeans will sell for $205 per pair and cost $164 per pair in variable costs to make.
<u>The contribution margin per unit is calculated using the selling price per unit and the unitary variable cost:</u>
<u></u>
Unitary contribution margin= 205 - 164= $41
<u>Now, to calculate the contribution margin ratio, we need to use the following formula:</u>
contribution margin ratio= contribution margin/selling price
contribution margin ratio= 41/205
contribution margin ratio= 0.2
Your diary should explain why having to pay a high tax bill or receiving a sizable tax refund at the end of the year is a symptom of bad financial preparation.
<h3>What does getting a refund mean?</h3>
a sum of money that is returned to you, often as a result of overcharging or dissatisfaction with a good or service: request, assert, or demand a return. If the item is unfit for its function despite being in good condition, you are still entitled to a refund. Obtain/Receive Refund
<h3>Where is my refund for 2022?</h3>
Regardless of whether you owe money or are hoping for a refund, your can use the IRS But where is My Refund service to find out the status of your tax return. going over your IRS account.
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Answer:
Variable cost = $340,200
Fixed cost = $220,000
Explanation:
Given that,
At Predicted production = 24,200 units,
Fixed costs = $220,000
Variable costs = $435,600
Per unit variable cost:
= Variable costs ÷ No. of units produced
= $435,600 ÷ 24,200
= $18 per unit
Total cost at 24,200 units,
= Variable costs + Fixed cost
= $435,600 + $220,000
= $655,600
Total cost at 18,900 units,
= Variable costs + Fixed cost
= ($18 × 18,900) + $220,000
= $340,200 + $220,000
= $560,200
Note: Fixed cost does not changes with the change in the output level.
