Answer:
The present value of the annuity will be 8,215
Explanation:
This will be the case of an annuity.
There is an annuity of 450 dollars, at a 5% rate for 50 years.
c= 450
rate = 0.05
time = 50
PV = $8,215.1665
rounding to nearest dollar = $8,215
Answer:
Yankee = 66,900 units
Zoro = 156,100 units
Explanation:
<em>Break Even Point = Fixed Costs / Contribution per unit</em>
= $23,415,000 / ((3×$175) + (7×$75))
= $23,415,000 / $1,050
= 22,300
Yankee = 22,300×3
= 66,900
Zoro = 22,300×7
= 156,100
Answer:
a. less wealthy and they buy less.
Explanation:
we are assuming a situation where the price level rises (inflation rises), so anyone holding cash will be able to purchase a smaller amount of goods with the same amount of cash simply because the goods are more expensive. E.g. you purchased 10 goods with $100, but if the inflation rate increases to 10%, you will be able to purchase only 9 goods with the same $100. As inflation rises, people holding cash (or other monetary form) will lose wealth and purchasing power.
Answer:
the Mitchell and the Sundial, Inc. should have a rate of 12.82%
Explanation:
a taxperson which the income of Mr. Jackson will be subject to a 22% tax rate
22% from $39,476 to $84,200
the bonds will be taxes at 22%
and we are asked at which rate they yield a 10% after tax
pre-tax x (1-t) = after-tax
pre-tax x (1-0.22) = 0.1
0.1/0.78 = pre-tax = 0.1282051
Answer:
(C) How much debt does clip joint company already have?
Explanation:
Bond investors are more likely to ask a bond issuer (the company issuing the bonds) its current level of debt before investing. This information is important as it informs the order that the current bond holders will occupy in a repayment hierarchy if the company was unable to pay back the debt and it needs to be liquidated.