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3 years ago

Business Question! Just the first problem please, thank you

Business

2 answers:

vovikov84 [41]3 years ago

8 0

Answer:

34 coupons.
$33.75

Explanation:

The coupons are the interest payments the bond makes.

1. The bond has a term of 17 years and coupons are to be paid semi-annually.

This means that for every year, 2 coupon payments will be made.

In 17 years therefore:

= 17 * 2

= 34 coupons

2. The interest on this bond is 6.75% in a year. The coupon is however, semi-annual. Payment per coupon will therefore be half of the yearly rate:

= 6.75% * 1,000 * 1/2

= $33.75

snow_lady [41]3 years ago

6 0

Answer:

Huh? hshjssjsjsjshshshsjsjs

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Exercise 19-13 Variable cost analysis for a special order LO A1 Grand Garden is a luxury hotel with 160 suites. Its regular suit

zysi [14]

Answer:

If the special offer earns a positive contribution margin, we should accept the special order.

Explanation:

Given that,

No. of suites in luxury hotel = 160

Regular suite rate = $210 per night per suite

Hotel’s cost per night = $135 per suite

Variable direct labor and materials cost = $36

Fixed cost = 99

Total cost per night per suite = $135

Contribution margin per night per suite:

= Room rate per night - Variable cost per night

= $94 - $36

= $58

Contribution margin from special offer:

= Contribution margin per night per suite × Number of nights × Number of suits

= $58 × 3 × 45

= $7,830

Management should accept the special offer.

When the company receives offer, the hotel is running at low season. occupancy rate is 55%

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8 0

3 years ago

Assume that you just won $35 million in the Florida lottery, and hence the state will pay you 20 annual payments of $1.75 millio

Rus_ich [418]

Answer:

$21.277 million

Explanation:

Data provided in the question:

Amount of lottery won = $35 million

Number of annual payments = 20

Amount of annual payment = $1.75 million

Interest rate = 6%

Now,

Present value of the payment = Payment × Present value factor

Also,

Present value factor = [1 + r]⁻ⁿ

Since the payment started immediately

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Base year i.e n = 0

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Year (n) Annual payment Present value

0 $1.75 million $1.75 million

1 $1.75 million $ 1.650943 million

2 $1.75 million $1.557494 million

3 $1.75 million $1.469334 million

4 $1.75 million $1.386164 million

5 $1.75 million $1.307702 million

6 $1.75 million $1.233681 million

7 $1.75 million $1.16385 million

8 $1.75 million $1.097972 million

9 $1.75 million $1.035822 million

10 $1.75 million $0.977191 million

11 $1.75 million $0.921878 million

12 $1.75 million $0.869696 million

13 $1.75 million $0.820468 million

14 $1.75 million $0.774027 million

15 $1.75 million $0.730214 million

16 $1.75 million $0.688881 million

17 $1.75 million $0.649888 million

18 $1.75 million $0.613102 million

19 $1.75 million $0.578398 million

Hence,

The present value of the winnings = ∑ Present value of payments

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3 years ago

Juanita makes $30 an hour at work. She has to take time off work to purchase her dress, so each hour away from work costs her $3

Phoenix [80]

Answer:

Juanita should purchase the suit at the store across town because the total economic cost will be lowest.

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three options:

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Juanita should purchase the skirt at the store across town because the total economic cost will be lowest ($131)

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