Answer:
Interest paid each year = 5% of 1000 = $50
$1000 is to be paid at the end of 10 years.So payment each year = pmt(rate,nper,pv,fv) where rate = 0.04,nper=10 and fv =1000.
Payment into the fund =pmt(0.04,10,0,1000) = $83.29 each year
Value of the sinking fund at the end of the 4th year =pv(rate,nper.pmt) =pv(0.04,4,83.29) = 302.34
Interest earned by sinking fund in year 5 = 0.04*302.34 = 12.09
Interest on loan in 5th year = $50
So difference between the interest payment on the loan and the interest earned by the sinking fund in the fifth year. = 50-12.09 = 37.91 = $38 (to nearest whole number)
Answer:
The formula is
Price of the bond = [ $25 x ( 1 - ( 1 + 2.35% )^-30 )/ 2.35% ] + [ $1,000 / ( 1 + 2.35% )^30 ]
Explanation:
To calculate the price of the bond, use the following formula
Price of the bond = [ Coupon payment x ( 1 - ( 1 + Semiannual market rate )^-numbers od periods )/ Semiannual market rate ] + [ Face value / ( 1 + Semiannual market rate )^numbers of periods ]
Where
Coupon payment = $1,000 x 5% x 6/12 = $25
Semiannual market rate = 4.7% x 6/12 = 2.35%
Numbers of periods = 15 years x 12/6 = 30
Face value = $1,000
Placing values in the formula
Price of the bond = [ $25 x ( 1 - ( 1 + 2.35% )^-30 )/ 2.35% ] + [ $1,000 / ( 1 + 2.35% )^30 ]
Answer:
The correct answer is letter "C": cash, accounts receivable, and inventory.
Explanation:
A company's assets represent all property the firm can use to generate income. Thus, assets imply talking about <em>cash, accounts receivable, inventory, pre-paid investments, buildings, land, machinery, </em>and <em>vehicles</em> among others. Assets can also be intangible such as <em>patents, trademarks </em>or <em>copyrights</em>. All of them are destined to increase the organization's value.
Could you tell me the answer choices, please? I can't help without them
Answer:
Unit contribution margin= $15
Explanation:
Giving the following information:
These items all add up to $10 on average. Jamara charges each participant $25 for each sign they make.
The contribution margin is the result of deducting from the selling price, the unitary variable cost.
Unit contribution margin= selling price - unitary variable cost
Unit contribution margin= 25 - 10
Unit contribution margin= $15
