Answer:
Bond Price = $903.585916 rounded off to $903.59
Explanation:
To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,
Coupon Payment (C) = 1,000 * 0.083 = $83
Total periods (n) = 7
r or YTM = 0.103
The formula to calculate the price of the bonds today is attached.
Bond Price = 83 * [( 1 - (1+0.103)^-7) / 0.103] + 1000 / (1+0.103)^7
Bond Price = $903.585916 rounded off to $903.59
Answer:$364,520 is the year end stock
Explanation:
Stock records at year end. 300,370
1. Add $58,510, ownership of good on fob remains with vendor until delivery.
2.ignore $95240 from closing stock because they have not been receive at year end
3.1gnore $ 23,320 from closing stock because they have not been receive at year end
4. Include 50,750 in closing stock because they have not been deliver at year end.
5. Exclude $45110 from closing stock because they were not receive at year end.
Answer:
The missing deposit is $33.50
Explanation:
Given,
Bank statement balance = $268.93
Check register balance = $302.43
If all the transactions recorded in the check register where captured in the bank statement, the balances in the statement and register would have been the same. However, we are told that there is a deposit missing on your bank statement. Therefore,
Missing deposit = $302.43 - $268.93
= $33.50
The missing deposit amounts to $33.50.
Answer:
The answer is vertical integration.
Explanation:
A Vertical Integration is an expansion strategy, in which a company acquiring various entities engaged in different stages of the value chain. The value chain is the series of processes in a manufacturing system that adds value to an end product. It typically consists a sequence of alterations that are applied during the value chain until one or more raw materials are converted into a finished product.
Vertical integration takes place when a company takes over control of different production or distribution stages of the value chain process until a product or a service is created.
Answer:
Annual depreciation (year 1)= $1,400
Explanation:
Giving the following information:
Buying price= $36,000.
Useful units= 300,000 units of product.
Salvage value= $6,000
During its first year, the machine produces 14,000 units of product.
To calculate the depreciation expense for the first year under the units of production method, we need to use the following formula:
Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced
Annual depreciation= [(36,000 - 6,000)/300,000]*14,000
Annual depreciation= 0.1*14,000= $1,400