Answer:
The number of shares that can be repurchased with $68,000 proceeds from issue of debt instrument is 3,147 shares as calculated below
Explanation:
The company's price per share is $21.61 ($388980/18000),hence the number of shares that can be repurchased with $68000 is computed thus:
number of shares to be repurchased=$68000/$21.61
=3146.691347
The number of shares to be repurchased is approximately 3147 shares
Answer:
Explanation:
1. Indirect Material variable cost Per Direct Labor HR 5000000/50000=100
Indirect Material (variable) 100*75000 =7500000
Rent Fixed 6000000
Hence total Maintenace Fixed =17625000-7500000-600000= 4125000
2.
Low High Change
Cost 3250000 4125000 875000
[4125000-3250000]
Activities 50000 75000 25000
variable Portion of Maitencance cost =875000/25000= 35.00
Fixed cost=4125000-75000*35=1500000
Variable cost=35
cost formula for maintenance= 1500000+35b
3.
Indirect Material (variable) 100*70000 = 7000000
Rent Fixed 6000000
Maintenance cost = 1500000+35*70000=3950000
The kind of people who are in witness protection program are those whose lives are in danger because of the evidence they gave as witnesses in a court of law. The program was created in 1971 to protect those who are in danger of been killed as a result of been a witness in a court case.
The answer is letter B. Command and Control. Central planning is based to as a planned economy, it is an economic system in which the state or government makes economic decisions rather than the interaction between consumers and businesses. Command and Control set specific limits for pollution emissions and/or mandates that specific pollution-control technologies that must be used.
Answer:
d. 38
Explanation:
This is an Annuity Due type of question. You get the hint from the statement "....$5,000 at the <u>beginning</u> of each month," In an Annuity due , the recurring payments occur at the beginning of the period i.e annually, quarterly or (monthly in this case)
So using a financial calculator on "BGN" mode
nominal rate of 18% is the I/Y. However, since it is monthly compounded, convert it to a monthly rate.
I/Y = 18%/12 = 1.5%
PMT; recurring cashflow = -5,000
FV; future value = 250,000
PV ;present value = 0 (note: in annuity, use 0 for the variable not given)
then CPT N = 37.16
Therefore, it will take approximately 38 months