What is the main purpose of conducting an informational interview?

You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 20

Zarrin [17]

Answer:

$1,247.12

Explanation:

For computing the asked price we need to apply the present value formula i.e to be shown in the attachment below

Given that,

Future value = $1,000

Rate of interest = 4.151% ÷ 2 = 2.076%

NPER = 17 years × 2 = 34 years

The 20 years come from May 2019 to May 2036

PMT = $1,000 × 6.193% ÷ 2 = $30.965

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value or the ask price is $1,247.12

8 0

3 years ago

The following information is taken from the financial records of Gunner Manufacturing: Cost of materials used $45,000 Direct lab

Veronika [31]

Answer:

c.$142,000

Explanation:

The cost of goods manufactured is a function of the direct and indirect costs incurred in the manufacturing process. This will also include the cost incurred on work in process.

As such, Given;

Cost of materials used = $45,000

Direct labor costs = $48,000

Factory overhead = $39,000

Work in process, beginning = $18,000

Work in process, ending = $28,000

The cost of goods manufactured = $45,000 + $48,000 + $39,000 + $28,000 - $18,000

= $142,000

5 0

3 years ago

Read 2 more answers

Aquaguard manufactures three models of water purifiers in three separate plants at Taiwan. These plants serve the demand in Euro

Zanzabum

Answer:

Aquaguard may choose any of the two models to minimize the production variability in the new plant.

Explanation:

Model 1: Mean = 1000, Standard Deviation(SD) = 300

Model 2: Mean = 1000, SD = 300

Model 3: Mean = 1000, SD = 300

Coefficient of variation for model 1

C.V = ( SD ÷ Mean) × 100

= ( 300 ÷ 1000 ) × 100

= 30 %

Coefficient of variation for model 2

= ( 300 ÷ 1000 ) × 100

= 30 %

Coefficient of variation for model 3

= ( 300 ÷ 1000 ) × 100

= 30 %

We conclude that all the models have same effect .

5 0

3 years ago

On July 1, 2016, Sheffield Corp. issued 9% bonds in the face amount of $11100000, which mature on July 1, 2022, The bonds were i

lidiya [134]

Answer:

Explanation:

Discount bonds are issued on discounted price of their face value

Here discount = 11100000-9720000

= 1380000

on 1/07/2016

cash outflow or book value of bond

= 9720000

on 30/06/2017

interest paid = 999000

yield expected = 972000 ( 10% of issue price )

interest amortized

= 999000-972000 = 27000

book value = 9720000 + 27000

= 9747000

on 30/06/2018

interest paid = 999000

yield expected = 974700 ( 10% of book value )

interest amortized

= 999000-974700 = 24300

value amortized = 24300 + 27000 = 51300

book value = 9747000 + 24300

= 9771300

Amount unamortized

1380000 - ( 51300 )

= 1328700

3 0

4 years ago

Frost Enterprises buys a warehouse for $ 510,000 to use for its East Coast distribution operations. On the date of the purchase

12345 [234]

Answer:

$510,000.00

Explanation:

Since the historical cost principle states that business must account and record most assets at their purchase or acquisition price which means the data put into record on the balance sheet would reflect amount paid for asset.

That is why it is $510000.

6 0

3 years ago