Answer:
The market interest rate related to a bond is also called the
c.effective interest rate.
Explanation:
Another name for the market interest rate is the current interest rate, the yield-to-maturity, or the effective interest rate. One distinguishing factor is that the market interest rate is always changing whereas the stated interest rate does not change. The stated interest rate is the interest rate actually designated on the face of a bond, which determines the amount of interest that the bondholder receives. This means that the market interest rate is just the rate that investors demand to earn for lending their money to the company.
Answer:
$171,619.20
Explanation:
The computation of the budgeted accounts payable balance at the end of November is shown below:
= Budgeted cost of raw materials purchases in November × following month percentage
= $286,032 × 60%
= $171,619.20
As 40% is paid in the month of purchase whereas 60% is paid to the following month. So, we recognized 60%, not 40%
Answer:
A. $3,610,000
Explanation:
The Equivalent production = 190,000 + [70% × (200,000 - 190,000)] = 197,000 tons.
While the Cost per unit = ($3,152,000 + $591,000)/197,000 = $19;
the transferred costs = 190,000 × $19 = $3,610,000
= $3,610,000 which is the final answer.
Answer: $17.84
Explanation:
The following can be reduced.fromcthe question:
Total Assets = $848,000
Total Debt = $402,000
Total equity = Total asset - total debt
= $848,000 - 402,000
= $446,000
Outstanding Shares = 25,000
Value per shares:
= $446,000/25,000
= $17.84
Value of shares repurchased =$40,000
Number of shares repurchased:
= $40,000/17.84
= 2,242.15
= 2242 approximately
Number of shares outstanding:
= 25,000 - 2,242
= 22,758
Value of shares outstanding:
= $446,000 - 40,000
= $406,000
Price of Shares = Value of shares/number of shares
= $406,000 / 22,758
= $17.84
Answer:
rate = 59.70%
Explanation:
using Financial calculator
PV= -44000, n=5, i=?, FV = $457000, pmt=0bthen compute i
using scientific calculator
A=P(1+r)^n
solve for r
r=[ log(A/P)/log(n) ] -1
