Answer:
10.68%
Explanation:
Face value = 1,000
Coupon rate = 10%
Years to maturity = 15
Nper = 15*2 = 30
PMT = 1000*10%/2 = 50
Price(Present value) = Bond sale price - Issue cost
Price(Present value) = 970 - 20
Price(Present value) = 950
Yield to maturity = Rate(Nper, pmt, -pv, fv) * 2
Yield to maturity = Rate(30, 50, -950, 1000) * 2
Yield to maturity = 0.0534 * 2
Yield to maturity = 0.1068
Yield to maturity = 10.68%
Thus, the before-tax cost of debt is 10.68%
Answer:
In the short run, these workers are VARIABLE inputs, and the ovens are FIXED inputs.
Explanation:
Workers are variable inputs since Raphael can decide to change the number of employees hired every week or every certain period of time. On the other hand, the number of ovens cannot change immediately since Rapheal would need to move to some other place in order to increase the number of ovens.
Answer:
$2,490
Explanation:
Based on the information given we were told that in order for the company to recognize his long as well as loyal service they awarded Ed a gold watch worth the amount of $105 which as well include the amount of $2,490 as cash bonus which means that the amount that Ed must include in his gross income will be the cash bonus amount of $2,490.
Therefore the amount that Ed must include in his gross income is $2,490
Answer:
is smaller than 1.1.
Explanation:
Some business sales can get influenced heavily by season, like how swimsuit sell in summer but not in winter. This influence is called a seasonal factor. The sales of the product have to be adjusted to seasonal factor to show a result that more accurately represent the sales. There are 12 months and the sum of the adjusted factor is 12.18, so the adjusted ted factor for every month will be: 12.18/12 = 1.015.
The adjusted seasonal factor for April will be: 1.1/1.015= 1.0837
The result is smaller than 1.1