Answer:
a. contribute too little to profits, and Wallace Printing will not want to accept additional work from the company.
Explanation:
For reaching any conclusion first we have to determine the cost assigned by using the single cost driver which is shown below:
= Rate × Pages printed
= ($840,000 ÷ 12,000,000) × 76,000
= $5,320
And Cost assigned using ABC is
= (120,000 ÷ 200) × 2 + (640,000 ÷ 4000) × 10 + (80,000 ÷ 16000) × 38
= $2,990
By this above calculation, the first option is chosen as the cost are high as compared to the ABC while on the other hand the profit would be NIL
Answer: The major source of competition for motor carrier is intermodal in nature.
The major source competition for motor carriers is railroad. This is because rail system is quicker than motor carriers and has been used widely. Railroads do not cover all geographical zones but they have been a trend in several regions.
Explanation:
Telecommunication is an important tool for businesses. It enables companies to communicate effectively with customers and deliver high standards of customer service. Telecommunication is also a key element in teamwork, allowing employees to collaborate easily from wherever they are located
Answer:
Bond price= 1,124,622
Explanation:
Giving the following information:
Face value= $1,000,000
Number of periods= 10*2= 20
Cupon rate= 0.12/2= 0.06
YTM= 0.1/2= 0.05
<u>To calculate the bond price, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 60,000*{[1 - (1.05^-20)] / 0.05} + [1,000,000 / 1.05^20]
Bond Price= 747,732.62 + 376,889.48
Bond price= 1,124,622
Answer: 11%
Explanation:
Arithemetic mean is the average of a set of numeric variables that is calculated by adding them up and dividing by the number of variables there are.
= (0.17 + (-0.04) + 0.2 + 0.12 + 0.10)/5
= 0.55/5
= 0.11
= 11%
