Answer: c. $1.994
Explanation:
Cost per Equivalent Unit of Production (EUP) for Conversion = Total Conversion costs/ EUP
Total Conversion cost
= Conversion cost for beginning work in process inventory + Conversion cost incurred in the month
= 7,840 + 203,300
= $211,140
EUP = Units completed + Percentage of ending Units completed with regards to conversion
= 92,900 + (90% * 14,450)
= 105,905 units
Cost per Equivalent Unit of Production (EUP) for Conversion = 211,140 / 105,905
= $1.9936
= $1.994
Option B, In a(n) , common market members eliminate internal trade barriers, adopt a common external policy toward nonmembers, and eliminate barriers to the movement of the factors of production.
A legal agreement that creates a collection of nations that adopt a single external policy tariff is known as a common market. Countries that participate in a single market also permit free commerce as well as the free movement of capital and labor within the group's members. It establishes a common external tax on imports in the market. Members of this market thus do away with trade restrictions and embrace or adhere to a common policy.
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Answer:
b) The company will incur a loss
Explanation:
The market rate at the time of issue = 9%, while coupon rate = 8%, it says bonds provide lesser return when compared to the market rate.
At end of year 2 market rate drops to 6% which is lower than the Bond's coupon rate. Which means the bond's providing high return when compared to the market. So, company to retire the bonds need to pay more than the par value.
As company should retire these bonds more than par value, the company incur a loss.
Option 'B is correct
The company incur a loss
Everyone is different bc everyone doset make the same amount of money, or have the same amount of money in the bank.
Is there any multiple choice answers to this ?
Answer:
1) After tax yield for each alternative will be calculated as;
Municipal Fund after-tax yield = 0.0395*(1-0.08)
Municipal Fund after-tax yield = 0.0395*0.92
Municipal Fund after-tax yield = 0.03634
Municipal Fund after-tax yield = 3.63
Taxable Fund after-tax yield = 0.057(1 - 0.35 -0.08)
Taxable Fund after-tax yield = 0.057*0.57
Taxable Fund after-tax yield = 0.03249
Taxable Fund after-tax yield = 3.25
New jersey municipal fund after-tax yield =
2) Municipal fund offers the highest after-tax yield out of these three MMMF's
