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Evgesh-ka [11]
3 years ago
14

Calculate the one and two-year zero rate from the following information. Face value Current price Coupon Maturity 100 95 0 1 yea

r 100 92 1.5 paid every six months; 3.0 total per year. 2 years
Business
1 answer:
Mama L [17]3 years ago
3 0

Answer:

7.38%

Explanation:

Interest rate is the rate of difference between the current price and face value in a specified period of time in annual terms.

Face value     Current price     Coupon      Maturity

100                   95                         0                  1 year

100                   92                                              1.5 paid every six months

One year rate = ( 100 / 95 ) - 1 = 0.0526 = 5.26%

Now use following formula to calculate the Two years rate

=Rate(4,1.5,-92,100)x2 = 0.0738 = 7.38%

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Use the following information to determine the break-even point in sales dollars: Unit sales 50,000 Units Dollar sales $ 500,000
Keith_Richards [23]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Unit sales 50,000

Units Dollar sales $ 500,000

Fixed costs $ 204,000

Variable costs $ 187,500

First, we need to calculate the unitary selling price and variable cost:

Unitary Selling price= 500,000/50,000= $10

Unitary variable cost= 187,500/50,000= $3.75

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 204,000/ [(10 - 3.75)/10]= $326,400

6 0
3 years ago
Arbitrators generally do not have to offer reasons for their decisions.
enot [183]
<span>Yes, arbitrators generally don't have to offer reasons for their decisions, although some people argue against that. Unlike arbitrators, judges in court are required legally to give reasons for their decisions. Arbitrators often based their decisions on compromise.</span>
4 0
3 years ago
Procter &amp; Gamble is a multinational corporation that manufactures and markets many household products. Last year, sales for
Stolb23 [73]

Procter & Gamble is a multinational corporation that manufactures and markets many household products  is our goal is to use every opportunity we have no matter how small to set change in motion. To be a force for good and a force for growth. Compute Procter & Gamble's receivable turnover ratio and its inventory turnover ratio.

         

Ans.1a Account receivables turnover ratio  =  Net credit sales / Average trade receivables  

   74756 / 6447      

   11.60 times      

         

 *Net credit sales  =  Total sales * 90%      

 83062 * 90%        

 74756        

         

 *Average receivables  =  (Beginning receivables + Ending receivables / 2    

   (6508 + 6386) / 2      

   6447      

         

Ans.1b Inventory turnover ratio   =    Cost of goods sold / Average inventory    

   42362 / 6834      

   6.20 times      

         

 Cost of goods sold  =  Total sales - Gross profit      

   83062 - (83062 * 49%)    

   42362      

         

 *Average inventory  =  (Beginning inventory + Ending inventory) / 2    

   (6909 + 6759) / 2      

   6834      

         

Ans.2a Days' sales in accounts receivables  =  No. of days in year / Receivables turnover ratio  

     365 / 11.60    

     31.47 days    

         

Ans.2b Days' sales in inventory  =  No. of days in year / Inventory turnover ratio    

   365 / 6.20      

   58.87 days

Learn more about  turnover ratio here

brainly.com/question/27523896

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3 0
2 years ago
When a corporation distributes assets of the company to its investors, it is referred to as a(n) Multiple choice question. optio
arsen [322]

Answer: dividend

Explanation:

8 0
3 years ago
In a command economy, how are the prices of goods and services determined?
FrozenT [24]

Answer:

C

Explanation:

Market forces and of supply and demand

8 0
4 years ago
Read 2 more answers
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