Answer:
$1,000 Unfavorable
Explanation:
Calculation to determine what Sheridan Company's materials quantity variance is
Using this formula
Direct Material Price Variance = (Standard quantity allowed - Actual quantity of materials) * materials price standard
Let plug in the formula
Direct Material Price Variance=(5200 pounds-5700 pounds)*$2.00 per pound
Direct Material Price Variance=-500 pound*$2.00 per pound
Direct Material Price Variance=-$1,000
Unfavorable
Therefore Sheridan Company's materials quantity variance is $1,000
Unfavorable
The remaining life of the bond is 4 years and the YTM is 8.70%
Par value of the bond = $1000
In a bond, the owner of the bond loans money to a business or the government. Up to a certain future date, when they return the principal amount of the loan, the borrower pays recurring interest payments.
The total sum that the bond issuer returns to the bondholder is known as the "principal," and the interest is represented by a series of payments known as the "coupon."
Selling price = $1190.03
Callable price = $1050
N = 15 years
Interest rate = 11%
Semi payment = Interest rate*Par value*Time in years
= 11%*1000*0.5 = $55
Since those bonds are expected to be called in 4 years, the remaining life of the bond is 4 years
Calculating the yield to maturity:
Future value (FV) = 1000
Present value (PV) = -1190.03
N = 15*2 = 30
PMT = $55
Yield to maturity = [Annual Interest + {(FV-Price)/Maturity}] / [(FV+Price)/2]
= {0.11 + {1000 - 1190.03}/1050}/{(1000 + 1190.03)/2}
So, Yield to maturity = 8.70%
Learn more about bonds:
brainly.com/question/23266047
#SPJ4
Answer:
Diversification serves to reduce portfolio risk. ... Portfolio diversification is a critical part of the investing process because nobody knows how different asset classes, market segments and individual companies will perform over time. For example, so far in 2020 growth stocks have handily outperformed value stocks.
Explanation:
Answer:
what is the future value of the cash flows?
$16,872
What is the most this investment is worth today?
$8548
Explanation:
<u>First Payment</u>
$5000 payment will occur Four year from now
$5000 payment will occur Five year from now
$5000 payment will occur six year from now
Interest rate = 12%
Future value at year 6 = (5000 (1+0.12)^2) + (5000 (1+0.12)^1) + 5000
Future value at year 6 = 6272 + 5600 + 5000 = $16,872
Present value of investment = Future Value / (1+r)^n
Present value of investment = $16,872 / (1+0.12)^6
Present value of investment = $8547.88
Present value of investment = $8548 (Rounded off to nearest whole Number)
Answer:
Refining crude oil into gasoline requires the use of chemicals, pressure, and heat to change the chemical makeup of the crude oil into a finished product of gasoline. PROCESS MANUFACTURING: deals with formulas and manufacturing recipes.
A production plant that serves as a point where workers and robotics bring together all of the components that create automobiles. ASSEMBLY PROCESS: manufactured units follow an assembly line.
Making steel is a process that cannot be easily stopped and restarted. CONTINUOUS PROCESS: the manufacturing process cannot be easily stopped.
Allen-Bradley builds motor starters. The machines that Allen-Bradley uses can make different types of starters without slowing down the process. FLEXIBLE MANUFACTURING: different models can be manufactured in the same process.
A tractor manufacturer looked at their production techniques and eliminated the activities in production that do not add value to the consumer. LEAN MANUFACTURING: very simple and lean manufacturing process.
A bicycle company makes 18 models in more than 2 million combinations. The customer chooses the model, size, color, and design. MASS CUSTOMIZATION: high degree of product customization.