Discuss this statement: "Business competition encourages improved product quality and increased customer satisfaction

A 15-year, annual coupon bond is priced at $984.56. The bond has a $1,000 face value and a yield to maturity of 6.5 percent. Wha

Bess [88]

Answer:

6.35%

Explanation:

you can use the yield to maturity formula to determine the coupon:

YTM = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

0.065 = {coupon + [(1,000 - 984.56) / 15]} / [(1,000 + 984.56) / 2]

0.065 = {coupon + 1.029} / 992.28

64.4982 = coupon + 1.029

coupon = 63.47

coupon rate = 63.47 / 1,000 = 0.06347 = 6.35%

3 0

3 years ago

Match the following statements to the appropriate terms.

ololo11 [35]

Answer:

Matching Statements to Appropriate Terms:

Price-earnings ratio = Profitability Ratio

Return on Assets = Profitability Ratio

Accounts Receivable Turnover = Liquidity Ratio

Earnings per share = Profitability Ratio

Payout ratio = Profitability Ratio

Working capital = Liquidity Ratio

Current ratio = Liquidity Ratio

Debt to Assets = Solvency Ratio

Free Cash Flow = Solvency Ratio

Explanation:

Profitability Ratios are one of the classes of financial metrics that measure a business's ability to generate earnings relative to its revenue, operating costs, assets, or shareholders' equity during a period of time.

Liquidity Ratios measure the ability of the company to pay its maturing short-term debt obligations from its current assets. They include the working capital, the current ratio, and the acid-test ratio.

Solvency Ratios measure the ability of the company to pay its maturing long-term debt obligations from its assets.

8 0

3 years ago

How can investors receive compounding returns? aby selecting a savings account that has a higher interest rate bby investing the

Novay_Z [31]

Investors can receive compounding returns by investing their earnings back into their original investment. For example, if they earn $10 from a stock they invested in, they would place that $10 back into the stock that earned them that money.

7 0

3 years ago

If you were a politician, why would you find it difficult to remove a binding price ceiling? because it greatly benefits firms,

WITCHER [35]

Answer:

The correct answer is: because it benefits some consumers who are voters.

Explanation:

A politician will be concerned about his votes. He accordingly will make policies to appease voters.

A price ceiling keeps price level from rising beyond a certain limit, thus consumers will be able to consume at lower prices.

Removal of price ceiling may hurt these consumers as they will need to pay higher prices.

These consumers are also voters and politician do not want them to be favored by them.

So, the politician will find it difficult to remove a binding price ceiling.

7 0

3 years ago

Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such a

N76 [4]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Yancey applies its overhead cost to films based on direct labor-dollars.

At the beginning of the year, Yancey made the following estimates:

Direct labor dollars= 8,640,000

Fixed overhead cost= 5,184

Variable overhead cost per direct labor dollar= $0,21

To calculate the predetermined overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 5,184/8,640,000 + 0.21= 0.0006 + 0.21= $0.2106 per direct labor dollar

Now, we can calculate the allocated overhead for You Can Say That Again:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 0.2106*2,592,000= $545,875.2

8 0

3 years ago