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matrenka [14]
3 years ago
10

Use the following bond quotes to answer this question:

Business
1 answer:
Alina [70]3 years ago
8 0

Answer:

a. $247.50

Explanation:

As bonds are semi annual, every 6 months interest payment will be mad

Face value = 1000

Coupon rate = 8.25%

Number of bonds = 6

Interest payment = 1000 * 8.25% * (6/12) * 6

Interest payment = $247.50

So, the amount i will receive as the next interest payment is $247.50.

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Levelor Company's flexible budget shows $10,750 of overhead at 75% of capacity, which was the operating level achieved during Ma
zhannawk [14.2K]

Answer:

The controllable variance for the month was $1,709 unfavorable

Explanation:

Controllable variance: The controllable variance show a difference between actual overhead expenses incurred and budgeting operating level based on direct labor hour.

In mathematically,

Controllable variance = Actual overhead expenses - budgeting operating level based on direct labor hour

where,

Actual overhead expenses = $11,227

And, budgeted operating level based on direct labor hour

= budgeted operating level  × direct labor per hour

= 6,160 × $2.10

= $12,936

Now, put these values on the above formula:

So,

Controllable variance = $11,227 - $12,936 = $1,709 unfavorable

Hence, the controllable variance for the month was $1,709 unfavorable

6 0
3 years ago
The two white or amber colored lights in the rear of your car are turned on when your car is
melamori03 [73]
The reason why the two white or amber colored lights in the rear end of the car are turned on is because when the car is backing up, these lights are represented as the back up lights. It is used in order to alert the cars on the back that the car is about to back up or drive in reverse. It sends them the alert to know that they should stop or back up when the car is about to drive in reverse.
6 0
4 years ago
If an investor purchases a bond when its current yield is higher than the coupon rate, then the bond's price will be expected to
SCORPION-xisa [38]

Answer:

a. increase over time, reaching par value at maturity

Explanation:

If current yield is more than coupon rate, it means that the bond price is less than par value, as time to maturity decreases bond value amortizes to par value. Thus, If an investor purchases a bond when its current yield is higher than the coupon rate, then the bond's price will be expected to <u>increase over time, reaching par value at maturity.</u>

7 0
3 years ago
What is the purpose of science technology and society​
mixas84 [53]

Answer:

Science, Technology and Society (STS) is an interdisciplinary field that studies the conditions under which the production, distribution and utilization of scientific knowledge and technological systems occur; the consequences of these activities upon different groups of people.

Explanation:

4 0
3 years ago
Read 2 more answers
Nina, a manager, is considering reducing the workforce to cut down on costs. She realizes that this decision will have a huge im
Pani-rosa [81]

Answer:

The correct answer is: Moral awareness.

Explanation:

Moral awareness refers to the set of actions individuals take driven by values and beliefs that drive them not to only think about themselves but also in the consequences on others. In business, companies need to consider what the impact of their actions is with their surrounding environment and their inner circle -employees.

7 0
4 years ago
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