Marriott builds a hotel for $34 million and sells it to a banking

On November 1, 2019, Davis Company issued $30,000, ten-year, 7% bonds for $29,100. The bonds were dated November 1, 2019, and in

Tcecarenko [31]

Answer: A.) $1,095

Explanation:

Bond value = $30,000

Rate = 7%

Period = 10 years

Issue price = $29,100

Bond value × rate :

30,000 × 0.07 = $2100

Semi annually:

$2100 / 2 = $1050

(Bond value - issue price) ÷ (period × 2)

($30,000 - $29,100) / (10 × 2)

$900 ÷ 20 = $45

$1050 + $45 = $1,095

8 0

3 years ago

The Chiemsee Knee Replacement Clinic (CKRC) is a sports clinic located at the northern edge of the German Alps. It specializes i

Firdavs [7]

Answer:

Another operating room is needed.

Explanation:

The data collected by the consulting firm reveal that the existing facility does not fulfill the requirement due to more number of people so for this reason they have to build another operating room to quickly facilitate more number of people in less time. There are more number of people comes to the clinic as compared to previous years which compels the authority to build up new operating rooms for the convenience of people that comes for knee replacement.

3 0

3 years ago

Name one way that a debit card and a credit card are different.

kirza4 [7]

Answer:

Explanation:

Debit cards typically pull funds from a checking account, while credit cards charge purchases using a line of credit. With a debit card, you're spending money from your own funds. Use a credit card and you're borrowing the money and eventually will have to pay it back to the card issuer, perhaps including interest.

6 0

3 years ago

Read 2 more answers

When Lisa purchased her house, the mortgage lender required her homeowner's insurance to cover 100% of the loan amount. After ma

guajiro [1.7K]

<span>If lisa decides to comparison shop now after many years of holding the mortgage along with its insurance, the new insurance quotes should be based on a coverage amount only on the outstanding mortgage balance as the principal balance will have reduced significantly since the original mortgage inception date.</span>

7 0

3 years ago

Read 2 more answers

The catering manager of lavista hotel, lisa ferguson, is disturbed by the amount of silverware she is losing every week. last

Finger [1]

Answer:

A.16,971 pieces

B.$530.34

C.$530.32

Explanation:

a)

EOQ = √2∗A∗B÷C

EOQ = Economic Order Quantity

A = Annual Demand

B = Buying Cost

C = Carrying Cost per unit per year

Hence:

A = 45,000 pieces

B = $200 per order

C = $1.25 * 5% per unit per year

= $0.0625

EOQ = √2∗45,000∗$200 ÷ $0.0625

= 16,970.56 approximately 16,971 pieces

b)

Annual Holding Cost = Average Inventory * Holding Cost per unit per year

Average Inventory = EOQ÷2

Using the formula

Annual Holding Cost = 16,971 ÷2 ∗$0.0625

Annual Holding Cost =8,485.5×$0.0625

Annual Holding Cost = $530.34

c)

Annual Ordering Cost = Ordering Cost Per order * No. of Orders

No. of Orders = Annual Demand÷EOQ

Annual Ordering Cost = $200∗45,000÷ 16,971

Annual Ordering Cost =$9,000,000÷16,971

Annual Ordering Cost = $530.32

4 0

3 years ago