Answer:
$10,856.08
Explanation:
For computing the dollar price of the bond we have to applied the present value formula which is to be shown in the attachment below:
Given that,
Future value = $10,000
Rate of interest = 4.2% ÷ 2 = 2.4%
NPER = 22 years × 2 = 44 years
PMT = $10,000 × 4.8% ÷ 2 = $240
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
After applying the above formula, the dollar price of the bond is $10,856.08
Answer:
0.88 years
1 year
Explanation:
Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.
For project A:
Amount invested = $-22,000
Amount recovered in year 1 = $-22,000 + $25,000 =$-3000
The amount invested is recovered In 22,000 / $25,000 = 0.88 years
For project B:
Amount invested = $-22,000
Amount recovered in year 1 = $-22,000 + $22,000 = 0
The amount invested is recovered in a year
I hope my answer helps you
Answer:
$50,800
Explanation:
Increase in assets = Current Assets * Percentage change in sales = $800,000 * 20% = $160,000
Increase in current liabilities = Current liabilities * Percentage change in sales = $210,000 * 20% = $42,000
Increase in retaned earning = Increased sales*Profit Margin*Retention ratio = $1,000,000*120%*8%*(1-0.30) = $67,200
External financing need = Increase in Assets - Increase in liabilities - Increase in retained earning
External financing need = $160,000 - $42,000 - $67,200
External financing need = $50,800
Answer:
The contribution margin per unit is $100
Explanation:
The computation of the contribution margin per unit is shown below:
The Contribution margin per unit is
= Selling price per unit - variable cost per unit
= $160 - $60
= $100
hence, the contribution margin per unit is $100
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Just about any sorts of insults that might come to mind, I should think.
"May the Bird of paradise fly up your nose"...