Answer:
e. $70.00
Explanation:
The coupon payment is the amount received by the bondholder on a periodic basis during the life of the bond which is based on the bond's face value which in this case is $1000
Note that the coupon payments are expected to be made once a year.
Coupon payment=bond face value*coupon rate
bond face value=$1000
coupon rate=7%
annual coupon payment=$1000*7%
annua coupon payment=$70.00
Answer: Roughly $110.40
Explanation:
100 x (1.02)^5
The 1.02 is just 100 percent of the number plus the 2 percent interest you make.
Answer: C . Delegating
Explanation: Tom's group is able and willing. Hence, the workers supervised by Tom are capable, ready and efficient to execute their tasks with no supervision.
Hence, Tom should delegate the tasks to his reliable employees and channel his available time to perform other high value tasks as a superior or supervisor.
Delegation will also motivate Tom's team to feel more recognized and dependable in the discharge of their tasks and this boosts the team self esteem and effectiveness which will be beneficial to the company as a whole
Answer:
$16,100 favorable
Explanation:
The computation of the direct labor efficiency variance for June is shown below:
= Standard rate × (standard hours - actual hours)
= $23 × (1.3 × 35,000 - 44,800)
= $16,100 favorable
hence, the direct labor efficiency variance for June is $16,100 favorable
The same should be considered and relevant
Answer:
The requirement is to calculate the present value of each option:
$ 11.26 million
$11.5 million
$ 12.52 million
Explanation:
The present value formula in excel is very useful in this case:
=-pv(rate,nper,pmt,fv)
rate is the 14% interest rate to be earned per year
nper is duration of the payment
pmt is the amount of payment expected per year
fv is the is the future worth of the payment which is unknown
Option 1:
=-pv(14%,20,1.7,0)=$ 11.26 million
Option 2:
The amount receivable today is the present value i.e $11.5 million
option 3:
=-pv(14%,20,1.4,0)=$9.27 million
total =amount received today+$ 9.27 million=$3.25 million+$ 9.27 millon=$ 12.52 million
