Answer:
You should pay $84.42 today for the bond.
Explanation:
bond price = value of bond/[(1 + interest rate)^number of years]
= $100/[(1 + 1.9%)^9]
= $100/(1.185)
= $84.42
Therefore, You should pay $84.42 today for the bond.
Answer:
the current bond price is $1,147.20
Explanation:
The computation of the current bond price is shown below:
Given that
NPER = 10
RATE = 6%
PMT = $1,000 × 8% = $80
FV = $1,000
Here we assume the future value be $1,000
The formula is shown below:
= -PV(RATE,NPER,PMT,PV,TYPE)
After applying the above formula, the current bond price is $1,147.20
Answer:
The correct answer is letter "C": Inventory management.
Explanation:
Inventory management refers to the concepts, tasks and management skills that are involved in managing an inventory. Order and purchase of raw materials, warehouse layout, storage, unit estimation, production scheduling, and just-in-time management are some examples.
Inventory management is important so that suppliers can schedule their operations and consumers can have the goods that satisfy their needs available.
Answer:
Have priority in the purchase of any newly issued shares
Explanation:
Preemptive right is the right given to existing shareholders to maintain the proportion of their investment by buying a proportionate number of shares in any future sales of share.
The main essence of this is to ensure that their ownership interest is not diluted as more shares are issued and new investors come in.
In a preemptive share arrangement , consideration is given to existing shareholders ahead of any other person or entity .
Answer:
Sales Revenue 212,000
Variable Cost (63,000)
Rent Expense (43,000)
Depreciation Expense (23,000)
Income before taxes 83,000
Income tax expense <u> (16,600) </u>
Net Income 84,800
Cash from operating activities 107,800
tax-shield from depreciation 4,600
Explanation:
Cash flow from operations (indirect method)
net income 84,800 + depreciation expense = 107,800
The depreciation provides a tax shield as they are an accounting concept. The depreciation expense did not involve the outflow of cash but, it is a taxable deduction therefore generates a tax-shield.
23,000 x 20% = 4,600
