Answer:
$22,251
Explanation:
Coupon rate = $2,000
Now, we calculate the seired sale price of the bonds:
19,000 = 2,000[P/A, 14%, 4] + S[P/F. 14%, 4]
19,000 = 2,000(2.9137) + S(0.592)
S = (19,000 - 5,827.4) / 0.592
S = 22251.01351351351
S = $22,251
So, he have to receive $22,251.
Answer and Explanation:
The computation is shown below;
a. The net income or loss for the year 2018 is
Sales $763,000
Less: COGS $462,000
Less: A&S expenses $103,000
Less: Depreciation $148,500
EBIT $49,500
Less: Interest $73,800
Taxable income -$24,300
Less: Taxes(22%) $0
Net income(loss) -$24,300
Net loss = $24,300
b. The operating cash flow is
OCF = EBIT + Depreciation - Taxes
= $49,500 + $148,500 - $0
= $198,000
If Felipe gets his inheritance then he and Mary can clinch their deal successfully and according to the terms they have worked out so that he will owe her $99,000 and she will get this money and he will get presumably a nice house.
Answer:
B. the percentage change in quantity demanded exactly offsets the percentage change in price
Explanation:
Unit elastic demand is an economic theory that assumes a change in price will cause an equal proportional change in quantity demanded.
Answer:
4.86%
Explanation:
Given that
Expected sales = $360,000
Break-even sales = $342,500
The computation of the margin of safety is shown below:-
Margin of safety (in percent) = (Expected sales - Break-even sales) ÷ Expected sales
= ($360,000 - $342,500) ÷ $360,000
= $17500 ÷ $360,000
= 4.86%
Therefore, for computing the margin of safety we simply deduct break even sales from expected sales and after result we divide with expected sales.