Answer:
Working Capital= $203,000
Current ratio= 1.7603
Explanation:
Working capital is the liquid assets that are available to a business for the day-to-day operations. It is calculated by getting the difference between current assets and current liability.
Current asset= $470,000
Current liabilities= $267,000
Working capital = Current Assets - Current Liabilities
Working Capital= 470,000-267,000
Working Capital= $203,000
Current ratio is a liquidity ratio that measures a business's ability to pay it's short term liabilities.
Current ratio= Current Assets/ Current Liabilities
Current ratio= 470,000/ 267,000
Current ratio= 1.7603
Answer:
a: current value of the bond $405.11
b: Robison loss: 59.49%
c Pinson gain: 146.85%
As the investment is smaller the percentage change at maturity is greater than the difference in percentage of the par value.
A percent of the original investmentrepresent 10 dollars while !% of Mrs Pinson represent 4.05 dollars
Explanation:
The present value of the bonds is the sum of the present value of the coupon payment and the maturity discounted at market rate:
C: 1,000 x 8% / 2 = 40.00
time: 25 years x 2 payment per year = 50
market rate 0.10
PV $396.5926
Maturity 1,000.00
time 50.00
rate 0.1
PV 8.52
PV c $396.5926
PV m $8.5186
<em>Total $405.1111 </em>
Robinson capital loss:
405.1111/ 1,000 -1 = <em>-59.49%</em>
If purchased today and held to maturity by Mrs Pinson:
1,000 / 405.1111 - 1 = 146.85%
Answer:
The correct option is;
Buy low and sell high
Explanation:
To "buy low and sell high" is a market strategy that involves the idea of buying stocks or goods or other financial instruments, when the market value is at the lowest, and sell when the prices are high or at their peak
That is a profit is made when traders buy stocks or goods at a price lower than they sell
The idea to buy low and sell high is aptly applied to stock market trading that have cycles of high and low prices. But it is also very much applicable to real estate and property, as these are more tangible items although they operate sometimes at a smaller scale.
Answer:
Dr. Cash for 1,100
Cr. Notes receivable for 1,000
Cr. interest revenue for 100
Answer:
debit for 50,779
Explanation:
the actual overhead will be debited which is composed by the actual cost associate with the production department which aren't direct materials or labor.
property taxes 10,000
injury insurance 8,400
building insurance 3,820
utilities 1,306
equipment dep 12,680
building dep 14,573
actual overhead 50,779
