Answer:
$1,035.71
Explanation:
first we must determine the annual interest = face value x coupon rate = $1,000 x 7.25% = $72.50
now to determine the approximate market value = annual interest / market interest rate = $72.50 / 7% = $1,035.71
since the market rate is lower than the coupon rate, you can sell your bond at a premium
............................... b...............................
Answer:
Telemarketing
Explanation:
Telemarketing involves the use of telecommunications devices like telephone, internet, and fax to market commodities to potential buyers. Telemarketers are the ones that usually do the marketing of the goods and services, but it now more of automated telephone calls or robocalls.
The advantages of telemarketing is that it saves time and cost, and it is also convenient. However, it has a major demerit which is the fact that allow of scams and fraud are now being committed through it.
I wish you the best.
Answer:
Direct labor rate variance= $594 unfavorable
Explanation:
Giving the following information:
The standard direct labor cost per hour is $7.20.
During August, Zanny's water ski radio production used 6,600 direct labor-hours at a total direct labor cost of $48,708.
<u>To calculate the direct labor rate variance, we need to use the following formula:</u>
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Actual rate= 48,078/6,600= $7.29
Direct labor rate variance= (7.20 - 7.29)*6,600
Direct labor rate variance= $594 unfavorable
Answer: Define Project Needs, Understand the Project Objectives, Define the Project Scope
Explanation: Project Scope is defined as the work that needs to be accomplished to deliver a product, service, or result with the specified features and functions.
The scope of the project should have a tangible objective for the organization that is undertaking the project
There are 3 main steps of project scope and they are:
1. Define Project Needs
2. Understand the Project Objectives
3. Define the Project Scope
Scope statement are the documentation of the scope of the project will explain the boundaries of the project, establish the responsibilities of each member of the team and set up procedures for how the work that is completed will be verified and approved.
