Answer:
$28,800
Explanation:
I will just assume that there are three equal annual principal payments of $480,000. If we use $550,000, the total principal would = $1,650,000.
accrued interests from September to December = principal x (9%/12) x 4 months
principal = $480,000 x 2 = $960,000
accrued interest payable = $960,000 x 0.75% x 4 = $28,800
Answer:
the target cost is $210
Explanation:
The computation of the target cost is shown below;
Given that
sale price = $300
Profit margin = 30%
Now
Profit = $300 × 30%
= $90
Since the profit is $90
So, the Cost is
= sales - profit
= $300 - $90
= $210
hence, the target cost is $210
This is the answer but the same is not provided in the given options
Answer:
d. excise tax
Explanation:
Excise tax -
It refers to the tax , which is paid on certain type of goods and services , like the alcohol , tobacco , fuel , is referred to as excise tax.
These are basically for the business purpose and are the international level taxes , which is taken as soon as the person cross the boundary of the country.
These taxes are not noticed by the consumers directly.
Hence, from the given scenario of the question,
Janette is supposed to pay excise tax for gasoline and travel from airline.
Explanation:
a. The computation of the economic order quantity is shown below:
= 130 units
The carrying cost is
= $90 × 20%
= $18
b. Total annual cost is
= $2,323.79
c. The number of orders would be equal to
= Annual demand ÷ economic order quantity
= $300 ÷ 130 units
= 2.31 orders
d, The time between orders is
= 52 weeks ÷ 2.31 orders
= 22.51 weeks
Answer:
$1,220.55
Explanation:
We use the Present value formula to find out the current price of the bonds. The calculation is presented on the excel spreadsheet
Given that,
Future value = $1,000
Rate of interest = 5.5%
NPER = 19 years
PMT = $1,000 × 7.4% = $74
The formula is shown below:
= -PV(Rate,NPER,PMT,FV,type)
So, after solving this, the current price of the bond is $1,220.55