Given:
Years to maturity =n= 20
Coupon rate = C = 7.8%
Frequency of payment =m= 2
Semiannual coupon = $1,000 × (0.078/2) = $39.00
Current market rate =i= 7%
Present value of bond = P
Price of bond = 0.078 x 1000 x (1 – (1 + 0.07)^-20/0.07 + 1000/ (1.07) ^20= 78 x 10.60= 826.33 + 258.42= 1,084.75
The correct answer is: $1,085
<span>Net gain of $0.40 per headlight.
Let's calculate how much it will cost Peluso to make each headlight.
First, let's add the direct labor and materials costs
$3 + $4 = $7
Now let's add the manufacturing overhead that would actually be affected by making head lights. Since 40% is unaffected, we need to multiply the overhead by 100% - 40% = 60% before attributing that cost to the headlights. So
$6 * 0.60 = $3.60
And let's add that to the current cost of making the headlight
$7 + $3.60 = $10.60
And finally, let's subtract that from the cost of the headlight if outsourced.
$11 - $10.60 = $0.40
So the Peluso company will save $0.40 per headlight that they manufacture themselves.</span>
The government provides ANTITRUST LAWS to increase competition in the marketplace.
Antitrust laws are federal and state laws that are passed for the purpose of regulating the conduct and organization of business corporations. In this way, fair competition is promoted to the benefit of the consumers.
Answer:
$78320
Explanation:
Given That:
Opening Balance of Accounts Receivable as on Dec 1, 2017 = $20500
Credit Sales Made during the month = $54900
Collection from Accounts Receivables during the month = $ 43920
Closing Balance of Accounts Receivables as on Dec 31, 2017 = Credit Sales made during the month + Amount collected from Accounts receivables - Opening balance of accounts receivables
Closing Balance = 54900 + 43920 - 20500
Closing Balance = $78320
