Answer:
Option c. General Motors issues corporate bonds.
Explanation:
The corporate bonds are bonds that are used by companies as a way of raising capital. In essence, a corporate bond is a bond that is issued by a large corporation mainly for the purposes of financing of a project. In addition, the bonds are also a means of business expansion. Thus, general motors, in its action, is raising capital for later expansion.
<em>Profit</em><em> </em>is what is left after a firm plays its variable costs and fixed costs.
Answer:
A. 7.08%
B. 6.49%
C. 5.95%
D. 6.71%
E. 7.34%
The correct option is B,6.49%
Explanation:
The return that the investor would earn is the yield to maturity of the bond which is calculated using rate formula in excel as shown thus:
=rate(nper,pmt,-pv,fv)
nper is the number of coupon payments the bond would receive which 5 since the bond can be called in 5 years
pmt is the annual coupon of $85
pv is the current market price of $1,120
fv is the call price in 5 years which is $1,050
=rate(5,85,-1120,1050)=6.49%
Answer:
Explanation:
Number of completed barrels = 216 + (244-216)*60%
= 233 barrels
Cost per barrel = (3245+3230)/233 = 27.8
Cost of oil shipped in pipeline = 216 * 27.8= 6003 millions
Cost of work in process ending inventory = (244-216)*60% * 27.8
= 467.04 million
Answer:
$55
Explanation:
The earnings per share indicate the profit per outstanding stocks and it is calculated by dividing the net income by the number of shares of outstanding stocks. According to this,
Earnings per share= $27,500/500
Earnings per share= $55
Wild Trails Inc.'s earnings per share (EPS) is $55.
