Answer:
12.41%
Explanation:
yield to call = {coupon + [(call value - market value)/n]} / [(call value - market value)/2]
0.05 = {150 + [(2,900 - market value)/8]} / [(2,900 - market value)/2]
0.05 x [(2,900 - market value)/2] = 150 + [(2,900 - market value)/8]
0.05 x (1,450 + 0.5MV) = 150 + 362.5 - 0.125MV
72.5 + 0.025MV = 512.5 - 0.125MV
0.15MV = 440
MV = 440 / 0.15 = $2,933.33
Claire's total returns = $150 (coupon) + ($2,960 - $2,933.33) = $176.67
Claire's return on investment = $176.67 / $2,933.33 = 6.02273%
effective annual yield = (1 + 6.02273%)² - 1 = 12.41%
The department’ contribution to overhead is $35510.
<h3>How to calculate the department contribution to overhead?</h3>
Given, sales= $119,000;
cost of goods sold= $74,870;
total direct expenses= $8,620.
Gross profit = Sales - (COGS + Direct expenses)
Gross profit = $119,000 - ($74870 + $8620)
Gross profit = $35,510.
<h3>What are direct expenses?</h3>
Direct costs, commonly referred to as costs of goods sold (COGS), are expenses that are entirely attributable to the creation of a particular commodity or service. These expenses cover the direct costs of the materials required to make the product as well as maybe any labor charges that are utilized only to make the product.
To know more about gross profit, visit:
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Answer:
b) synergy
Explanation:
Synergy -
It describes the benefit gain by strategically organizing itself to maximize innovation and cooperation .
These organization with synergic approach achieves more as a group than with individual .
hence , in the question , the approach shown by the Ortein company is an example of b) synergy .
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