Answer:
B) The increased title sales will offset advertising costs.
Explanation:
I solved this using an elimination process, since we can infer:
- that customer demand should increase due to the new advertising campaign.
- the sales of the new title should help increase the total sales volume.
- since the advertising campaign is about the new title, it sales should be affected by it.
- hopefully a lot of customers that listen or watch the advertising campaign will buy the new title.
The only thing that we are not given any information about is the cost of the advertising campaign, so there is no way we can tell if the increased sales will offset the costs.
Purpose of a bank reconciliation statement.
A bank reconciliation statement is used to compare your record to those of your bank to see if there is difference between the two sets of records. The ending balance of your version of cash records is known as the book balance while the bank`s version is known as bank balance. It is common for there to be a difference in the two balances. The results to the differences might be due to overdrawn bank account, bounced checks and overdraft fees. It is important for you to check the difference because there might be substantial variance between the amount you think you have and that the bank thinks you have. In some cases the bank may even elect to close down your account.
Answer:
I strongly believe that the requirement is to calculate the price of the bond.
The bond is worth $ 70,824,063.03
Explanation:
It is noteworthy that a rational would-be investor would pay for a bond a price that reflects the cash flows receivable from the bonds in future discounted to today's terms.
The future cash flows comprise of the semi-annual coupon interest of $4 million(10%/2 *$80 million) for 20 periods as well as the repayment of the principal $80 million at the end of period 20
Since coupon is paid every six months, the coupon would be twenty times over the life of the bond(paid twice a year for 10 years)
To bring the cash inflows today's term, we multiply them them by the discounting factor 1/(1+r)^N , where is the yield to maturity of 12% and N is the relevant the cash flow is received.
The discounting is done in attached spreadsheet leading $ 70,824,063.03 present value today.
Answer:
Inventory= $3,240
Explanation:
Giving the following information:
They made the following purchases during August:
August 01: 300 units $1,560 total cost
August 12: 400 units 2,340 total cost
August 24: 400 units 2,520 total cost (2520/400= $6.3)
August 30: 300 units 1,980 total cost (1980/300= $6.6)
A physical count on August 31 reveals that there are 500 units on hand.
FIFO (first-in, first-out)
Inventory= 300*6.6 + 200*6.3= $3,240
<span>market equilibrium wage for entry-level fast-food workers = $10 per hour
</span><span>minimum wage = $8 per hour
</span><span>impact does the minimum wage have in this industry = ?
</span>whatever the minimum wage will be, it will have no effect on this market. <span>The condition when labor </span>market<span> is in </span>equilibrium<span> is when supply equals demand.</span>
