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3 years ago

14

Morin company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. the mark

et requires an interest rate of 8.2% on these bonds. what is the bond's price?

1 answer:

scZoUnD [109]3 years ago

7 0

<span>what is the bond's price?
</span>it is $903.04

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An automobile factory in Michigan uses $100,000 worth of parts purchased from foreign countries along with U.S. inputs to produc

Gnom [1K]

Answer:

Total value added to the GDP is $500,000.

Explanation:

Given that,

Automobile factory uses parts that are purchased from foreign countries = $100,000

Total cars produce = 30

Price of each car = $20,000

Total cars sold = 20

Left in inventory = 10

Therefore,

Addition to GDP:

= Total value of car produced - Imports(parts purchased from foreign countries)

= (Selling price of each car × Total cars produced) - $100,000

= ($20,000 × 30) - $100,000

= $600,000 - $100,000

= $500,000

Hence, total value added to the GDP is $500,000.

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3 years ago

Barton and Fallows form a partnership by combining the assets of their separate businesses. Barton contributes accounts receivab

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Answer:

(a) Barton's investment

Date Account Titles and Explanation Debit Credit

Accounts receivables $44,900

($48,000 - $3,100)

Equipment $90,000

Allowances for uncollectible $1,300

Barton Capital $133,600

(To record Barton's contribution)

(b) Fallows' investment

Date Account Titles and Explanation Debit Credit

Cash $28,700

Merchandise Inventory $60,500

Fallow Capital $89,200

(To record Fallow's contribution)

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4 years ago

Coach's agreement with Lexus to produce automobiles with Coach leather interior is an example of A. co-branding. B. architectura

nikitadnepr [17]

Answer:

CO-BRANDING

Explanation:

Also known as brand partnership, it is a marketing strategy that incorporates multiple brands on a good or service. It involves the brands of at least 2 organisations. Just like the Lexus and coach described above.

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3 years ago

Tucker Company makes chairs. Tucker has the following production budget for January - March. January February March Units Produc

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Answer:

Tucker Company

The number of board feet of wood that Tucker needs to purchase in February is:

= 46,297.

Explanation:

a) Data and Calculations:

Production Budget

January February March Total

Units Produced 11,297 12,205 9,276 32,778

Board fee for each chair 4 4 4 4

Total board feet required 45,188 48,820 37,104 131,112

Board feet required 45,188 48,820 37,104 131,112

Ending Materials Inventory 9,764 7,421

Beginning Materials Inventory (0) (9,764) (7,421)

Purchase of board feet 54,952 46,297

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3 years ago

Find the sticker price for a vehicle with the following features and costs: Suggested retail price of $13,760, destination charg

deff fn [24]

Answer:

$15,780

Explanation:

The sticker price for a vehicle with all the features is the total of all the given cost elements.

These include the retail price, destination charge, cruise control, custom sound etc.

Hence, the sticker price for the vehicle

= $13,760 + $475 + $800 + $235 + $510

= $15,780

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3 years ago