Answer:
YTM = 0.6940%
Explanation:
THe Yield to Maturity (YTM) is the return that you expect from the bond if you held the bond till maturity.
The formula would go as:
YTM = 
Where
F is the face value, or par value
P is the current price
n is the time period, maturity period
Given,
F = 1000
P = 920
n = 12, we have:
YTM = 
Thus, the yield to maturity would be:
YTM = 0.6940%
Answer:
<h2>The answer in this case would be the last option in the answer list or options given in the question or falls equally on buyers and sellers in the short run but not the long run.</h2>
Explanation:
- In Microeconomics,elasticity level of supply usually has an inverse or negative relationship with the tax burden in the market.
- Therefore,higher elasticity of supply among the sellers or firms implies that they are relatively more sensitive or responsive to any price change in the market and would not be much willing to accept the burden of the tax which is reflected by an increase in the production cost of output or acceptance of a lower relative price for the output sold.
- Hence,the sellers or firms will reduce the quantity supplied of the output considerably in the market due to the tax imposition in the long run.Thus,even if the tax burden might be equally distributed among both the consumers/buyers and sellers/firms,the buyers/consumers will have a higher tax burden in the long run than the sellers/firms due to higher price elasticity of supply in the long run.
Answer:
Winston took a very good decision.
Explanation:
If Winston is making economic profit then the decision is good
Economic profit=Total revenue-implicit cost - explicit costs
where,
implicit cost= opportunity cost of best alternative and explicit cost is accounting costs
=150000-(60000+4000)-8000
=78.000
The economic profit is positive, a good indicator that Winston took a good decision.
<span>D is the correct answer. Discretionary funding is not essential for a person to live. Rent and groceries both provide basic human needs of shelter and food respectively, and deb repayment is necessary to avoid bailiffs. Vacations are an unecessary expense.</span>
Answer:
Weighted-average ending inventory cost= $17.75
Explanation:
<u>First, we need to calculate the total cost of ending inventory:</u>
August 2= 17*15= 255
August 18= 19*13= 247
August 29= (19*13 + 15*15)= (472)
August 31= 22*18= 396
Total ending inventory= $426
<u>Now, the weighted average cost per unit of ending inventory:</u>
<u></u>
Ending inventory in units= 24
Weighted-average ending inventory cost= (426/24)
Weighted-average ending inventory cost= $17.75