Answer:
C
Explanation:
Here, we want to select which of the given options in the question is true/correct.
From the question we can observe that the two bonds have required return less than coupon rate. Hence we can conclude that, both are premium bonds. The 7-years bond however. will have closer price to par value.
Bond prices will gradually decrease as we have a decrease in years to maturity. This means that the closer the year to maturity, the lesser the value of the bond price
Answer:
Direct material= $5,600
Explanation:
<u>First, we need to calculate the direct labor added to Work in Process:</u>
Direct labor= allocated overhead / predetermined overhead rate
Direct labor= 6,400 / 0.8
Direct labor= $8,000
<u>Now, by difference, the direct materials:</u>
Direct material= Ending balance - allocated overhead - direct labor
Direct material= 20,000 - 6,400 - 8,000
Direct material= $5,600
Answer:
1. Net income available to common stockholders for 2017
= Net income - Preferred dividend
= $1,950,000 - $273,000
= $1,677,000
2. Basic EPS
= <u>Net income available to common stockholders</u>
Weighted average shares of common stock
= <u>$1,677,000</u>
300,000 shares
= $5.59 per share
Explanation:
The amount of net income available to common stock holders is net income minus dividend paid to preferred stockholders.
Basic earnings per share is the ratio of net income available to common stockholders to weighted average shares of common stock.
Answer:
Net operating income will increase by $3664.
Explanation:
Credit card sales = $11.200
Card fees = 3% * $11.200 = $336
Cost of goods sold = $7.200
Net operating income = Sales - Cost of goods sold - card fees
Net operating income = $11.200 - $7.200 - $336 = $3664.
So, net operating income will increase by $3664.
This two women advocates groups for American women voters separated due to irreconcilable views on the <span>Fifteenth Amendment to the United States Constitution. NWSA will not support the Amendment if women vote is not included. AWSA, on the other hand, supported the </span><span>Fifteenth Amendment also supports the secure vote for African American men, women's vote should not be included because it will endanger the Amendments approval in congress.</span>