Answer:
$210,664
Explanation:
The computation of the book value is shown below:
= Purchase cost - sale cost
where,
Purchase cost is $530,000
And, to find the sale cost first we have to determine the cost per ton which is shown below:
Cost per ton = Purchase cost ÷ estimated tons
= $530,000 ÷ 37,000 tons
= $14.32
Now the sale value of 2,500 tons for 2018 would be
= 2,500 tons × $14.32
= $35,800
And, the sale value of 19,800 tons for 2019 would be
= 19,800 tons × $14.32
= $283,536
Now the total sales cost would be
= $35,800 + $283,536
= $319,336
Now put these values to the above formula
So, the value would equal to
= $530,000 - $319,336
= $210,664
Answer:
a lot of competition from other artists that also have similar skills as Natalie.
Explanation:
The problem that Natalie is facing is that there is too much competition in the theater industry and jobs are scarce. The supply of talented artists is much higher than the demand, therefore, she is only able to earn a small amount of money.
Reduced by an amount that is equal to an individual's income from other sources
Answer and Explanation:
The computation of the income before tax in the year 2022 would be reduced or decreased by the cash discount amount i.e. shown below:
= Sale value × discount rate × number of units sold
= $40,000 × 1% × 14 units
= $5,600
Hence, the amount is $5,600
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Market price of Bond = $4603.116669 rounded off to $4603.12
Explanation:
To calculate the price of the bond, we need to first calculate the coupon payment per period. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,
Coupon Payment (C) = 5000 * 0.0363 * 1/2 = $90.75
Total periods (n)= 23 * 2 = 46
r = 4.17% * 1/2 = 2.085% or 0.02085
The formula to calculate the price of the bonds today is attached.
Bond Price = 90.75 * [( 1 - (1+0.02085)^-46) / 0.02085] + 5000 / (1+0.02085)^46
Bond Price = $4603.116669 rounded off to $4603.12
