Answer: in business a jobber is a manufacturer, tradesman, or wholesaler who deals in small lots of goods or 'jobs,' or acts as an agent, middleman (intermediary), or a sub-contractor, and usually does not deal directly with the principal customer.
Explanation: a jobber is also an informal name for a broker or someone that negotiates with shares or stocks.
Answer:
16.22%
Explanation:
To calculate the annual coupon rate, you can use the following formula:
Coupon Rate= (Annual coupon payment/Par value of the bond)* 100%
Annual coupon payment= $1158.91*14%= 162.2
Par value of the bond= $1000
Coupon Rate= (162.2/1000)*100%
Coupon Rate=0.1622*100%
Coupon Rate= 16.22%
The annual coupon rate on this bond is 16.22%
Answer:
$133.33
Explanation:
Calculation for The intrinsic value of the stock
Intrinsic value of the stock = 6% + [−0.25(14% − 6%)] = .04
Intrinsic value of the stock = 8/[.04 − (−.02)]
Intrinsic value of the stock = 8/.06
Intrinsic value of the stock = $133.33
Therefore the intrinsic value of the stock is $133.33
Answer: Contract are mostly prevalent in the Union jobs which are the jobs in which employees are represented by an organizations which act as an intermediary between the employees and their employers.
This is done in order to ensure that employees are protected from future inevitable inflation that may come unexpectedly as it usually does.
Answer:
Total costs= $75,000
Explanation:
Giving the following information:
For 10,000 units:
$40,000 for direct labor
$4,000 for electric power
Total fixed costs are $23,000
We need to determine the unitary variable cost for direct labor and electric power:
Unitary direct labor= 40,000/10,000= $4
Electric power= 4,000/10,000= $0.4 per unit
Now, for 12,000 units:
Total direct labor cost= 4*12,000= $48,000
Electric power= 0.4*12,000= $4,800
Fixed costs= 23,000
Total costs= $75,000