Answer:
See below
Explanation:
1. Current ration
= Current asset/Current liabilities
Current assets = Cash + Marketable securities + Accounts receivables + Inventory
= $210,000 + $120,000 + $110,000 + $160,000
= $600,000
Current liabilities = Accounts payable = $200,000
Current ratio = $600,000/$200,000
Current ratio = 3:1
2. Quick ratio
= Current assets - Inventory / Current liabilities
= ($600,000 - $160,000) / $200,000
= 2.2 : 1
Answer:
Bond Price = $616.6938765 rounded off to $616.69
Explanation:
To calculate the quote/price of the bond today, we will use the formula for the price of the bond. Assuming the bond is a semi annual bond, the semi coupon payment, number of periods and semi annual YTM will be,
Coupon Payment (C) = 1000 * 0.032 * 6/12 = $16
Total periods (n) = 16 * 2 = 32
r or YTM = 0.073 * 6/12 = 0.0365 or 3.65%
The formula to calculate the price of the bonds today is attached.
Bond Price = 16 * [( 1 - (1+0.0365)^-32) / 0.0365] + 1000 / (1+0.0365)^32
Bond Price = $616.6938765 rounded off to $616.69
Answer:
$492
Explanation:
The computation of the total salary for the month is shown below:
= Base salary of a sales women + commission amount
where,
Base salary of a sales women = $420
And, the commission amount is
= ($8,200 - $7,000) × 6%
= $72
So, the total salary for the month is
= $420 + $72
= $492
Basically we added the base salary and the commission amount for computing the total salary
Answer:
53
Explanation:
The mean is the average. Calculating the mean given some data involves adding all the values and dividing by the total by the quantity.
In this case, the total will be 42 +56 +38 +41 + 86+56 =319
The mean will be 319 divided by 6
=319/6
=53