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Lorico [155]
3 years ago
8

Sweet Sue Foods has bonds outstanding with a coupon rate of 5.44 percent paid semiannually and sell for $1,930.36. The bonds hav

e a par value of $2,000 and 17 years to maturity. What is the current yield for these bonds
Business
1 answer:
tigry1 [53]3 years ago
6 0

Answer:

Current yield=5.6%

Explanation:

<em>The current yield is the proportion of the current price of a bond earned as annual  interest payment.</em>

<em>Current yield = annual interest payment/bond price</em>

<em>Annual interest payment = coupon rate × face value</em>

                                          = 5.44% × $2000

                                          = $108.8

Current yield

= annual interest payment/price

= $(108.8/1,930.36) × 100

= 5.6%

Note we used the annual interest payment nothwithstanding that interests are paid semi-annually

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NISA [10]

Answer:

i am clueless

Explanation:

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5 0
3 years ago
Samuelson will produce 20,000 units in January using level production. If each unit costs $500 to manufacture, what is the dolla
Likurg_2 [28]

Answer:

The dollar value of ending inventory is $7.500.000

Explanation:

To calculate the dollar value of ending inventory you need to use the next formula:

End inventory= (Beginning inventory + production - sales).$

In this case:

- Beginning inventory: 10.000 units

- January Production: 20.000 units

- Sales: 15.000 units

End inventory= 10000+20000-15000

End inventory= 15.000 units

Dollar value= 150000 . $500= $7.500.000

5 0
3 years ago
A7X Corporation has ending inventory of $701,073 and cost of goods sold for the year just ended was $7,461,613. a. What is the i
tatyana61 [14]

Answer:

(A) Inventory turnover= 10.64 times

(B) Days sales in inventory= 34.30 says

(C) Shelf life= 34.30 days

Explanation:

A7X corporation has an ending inventory of $701,073

The cost of goods sold for the year is $7,461,613

(A) The inventory turn over can be calculated as follows

= cost of goods sold/ending inventory

= 7,461,613/701,073

= 10.64 times

(B) The day sales in inventory can be calculated as follows

= 365/inventory turnover

= 365/10.64

= 34.30 days

(C) A unit of inventory sit on the shelf for 34.30 days before it is sold

6 0
3 years ago
a. government control of the market.b. market forces working through the price mechanism.c. the money supply that serves to keep
Sergeu [11.5K]

Complete Question:

The "invisible hand" using Adam Smith's terminology refers to

a. government control of the market.

b. market forces working through the price mechanism.

c. the money supply that serves to keep the economy working smoothly.

d. the role of innovation in maintaining a steady rate of growth.

e. "behind-the-scenes" policy making to influence how markets allocate scarce resources.

Answer:

The "invisible hand" using Adam Smith's terminology refers to  Market forces working through the price mechanism.

Explanation:

The invisible hand is the in observable market force, which helps demand and delivers goods automatically to balance in a free market.

Description: In his book ' The Wealth of Nations ' Adam Smith implemented the phrase of the invisible hand.

An invisible hand that defines the processes through which favorable social and economic effects that emerge out of the self-interested behaviors obtained by individuals, who have no intention of producing such results. The term developed by the eighteenth-century British philosopher and economist Adam Smith.

5 0
3 years ago
Joseph will start school on 9/1/14. He is expected to attend school for four years and will need to pay tuition of $50,000 on Se
My name is Ann [436]

Answer:

e. $153,156

Explanation:

From 9/1/14, he needs $50,000 every year for 4 years to fund the tuition fees. Therefore, present value of the amount needed at 9/1/14 using the Present value of annuity due formula

= 50,000 * {1+ (1/(1.05)^4) } / 0.05 * (1.05)

= $186,162

$186,162 is the amount needed after 4 years. Amount you need to invest today to have this amount in four years = $186,162/(1.05)^4 = $186,162/1.21550625 = $153,156.40

6 0
3 years ago
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