Answer:
$5.97
Explanation:
In order to determine the capital gain of the bond in a year's time,it is first first of all important to calculate the yield to maturity on the bond which is arrived at by applying the rate formula in excel as follows:
=rate(nper,pmt,-pv,fv)
nper is the number of coupon interest the bond would pay over its entire life of 15 years which is 15
pmt is the annual interest,7.9%*$1000=$79
pv is the current market price of the bond which is $790
fv is the value of $1000
=rate(15,79,-790,1000)=10.79%
Afterwards,the price of the bond in one year' time can then be calculated:
=-pv(rate,nper,pmt,fv)
The variables in the formula are as above except for nper which would reduce by 1 in a year's time
=-pv(10.79%,14,79,1000)
pv=$ 795.97
Hence the capital gain=price now-price one year ago/price one year ago
price now is $795.97
price one year ago was $790
Capital gain=$795.97-$790=$5.97
Capital gain %= ($795.97-$790)/$790=0.76%
Answer:
The benefits of a High Speed Rail in California:
- It becomes a feasible alternative to air travel, because it can be either cheaper, or even faster, since passengers do not have to spend as much time on a train station as they do on an airport.
- If demand is high enough, state highways can become less congested, because many people who would otherwise travel by car, would take a high speed train instead.
- Because the trains are electric, they are likely to help reduce pollution.
The cons would be:
- We cannot know for sure how many people would take the high speed trains. Demand could not be high enough to justify the cost.
- The line would be very costly.
- It could end up benefit only a small section of the population who would take the trains, or who travel often.
I believe that the benefits outweigh the drawbacks, as can be seen in most countries where high speed lines have been made between large cities. For example, in Spain, the line between Madrid and Barcelona is profitable. The same would likely happen for a line between Los Angeles and San Francisco.
What are the implications of starting a project based on tenuous projections that may or may not come true 10 years from now?
If demand projections are tenous, there is always the possiblity that the high speed line could not be profitable. However, this risk can be lowered if the line is made between highly populated cities.
Could you justify the California high-speed rail project from the perspective of a massive public works initiative?
Yes, a high speed rail would be a project that could massively impact California. The benefits of its operation could outweight the cost.
In other words, what other factors enter into the decision of whether to pursue a high-speed rail project?
As I said before, the most important factor is to construct line between highly populated cities in order to reduce the risk of not having enough demand. It has been demonstrated around the world, in Spain, in Italy, in Japan, in China, that high speed lines that connect very populated regions, can be profitable.
Answer:
Santa Fe's cost depletion expense for the current year is $90,000
correct option is b) $90,000
Explanation:
given data
Santa Fe paid = $300,000
Santa Fe recover = 5,000 pounds
Santa Fe extracted = 1,500 pounds
sold = $250,000
to find out
Santa Fe's cost depletion expense for the current year
solution
we get Santa Fe's cost depletion expense for the current year will be here as
cost depletion expense = 
× extracted .......1
put here value we get
cost depletion expense = 
× 1,500
cost depletion expense = 60 × 1,500
cost depletion expense = 90,000
so Santa Fe's cost depletion expense for the current year is $90,000
correct option is b) $90,000
Answers;
In scrutinizing a statement of cash flows in an attempt to gain a better understanding of the client, the auditor should evaluate to check if the client is meeting interest payments when they are due. The auditor may use information about the client's industry. This is done to evaluate whether significant changes is made in the company from prior periods, including changes in its internal control over financial reporting, affect the risks of material misstatement.
Answer:
Follows are the instructions to this question:
Explanation:
Given:
Configuration of machine = 
Machine hours= 
Order on Packing= 
We have to use the following formula in order to measure the expected production overhead rate:
Estimated overhead production rate= Total projected production expenses and for period/Total base allocation sum
Machine Configuration 
Machining hour= 
Packing
