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Genrish500 [490]
2 years ago
5

Which of the following can cause an increase in the price of a discount bond? a. An increase in the YTM. b. A decrease in the YT

M. c. The passage of time. d. Both A and C e. Both B and C
Business
1 answer:
eduard2 years ago
3 0

Answer:

b. A decrease in the YTM.

Explanation:

Price of the bond is calculated using present value of future cash flows. while calculating present values of the cash flows or price of the bond, we use YTM for discount purpose. As we that higher rate gives lower Present value and Lower rate gives higher present value. Interest rate behave inversely with present value. So the reduction in YTM will increase the price of the bond.

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Eichholtz Company uses 10,000 units of a part in its production process. The costs to make a part are: direct materials, $12; di
slava [35]

Answer:

c) $40,000 to buy the part

Explanation:

For computing the better off first we have to compute the per unit cost which is shown below:

= Direct material per unit + Direct labor per unit + variable overhead + applied variable overhead

= $12 + $25 + $13 + $30 × 30%

= $12 + $25 + $13 + $9

= $59

The difference cost would be

= $59 - $55

= $4

Now the better off would be

= Number of units × difference cost

= 10,000 units × $4

= $40,000

3 0
2 years ago
Calculate the Asset Turnover for Chrissie's Cooking Supply based on its Balance Sheet and Income Statement. Use average balances
Alja [10]

The asset turnover = 1.84

<u>Explanation:</u>

Asset Turnover = Sales / Average total assets

First, we will calculate average total assets as below:

Average total assets = Beginning assets + Ending assets / 2

Beginning assets = assets on 12/31/2014 = $65173

Ending assets = assets on 12/31/2015 = $100676

Average total assets = (\$ 65173+\$ 100676) / 2 = \$ 165849 / 2 = $82924.5

Sales / Revenue = $152633

Now, putting these values in the asset turnover formula, we get,

Asset Turnover = Sales / Average total assets

Asset turnover = \$ 152633 / \$ 82924.5 = 1.84

3 0
2 years ago
Which of the following statements regarding special journals is not true? a. Special journals provide a specialized format for r
den301095 [7]

Answer:

The correct answer is

c. The balances in a special journal must always reconcile to the general ledger.

good luck

4 0
2 years ago
A Swedish tour guide has devised a clever way for his clients to recognize him. He owns 13 pairs of shoes of the same style, cus
Bezzdna [24]

Answer:

P(13,2) = 169

Explanation:

We have to calculate the combinations for left and right shoe considering is not the same having a right shoe blue and left red than having a right shoe rend and a left red.

there are 13 pairs from whcih she will take a single pair:

P(n,r) = n^{r} \\

where:

n = number of pair = 13

r = shoes = 2 (one on each foot)

P(n,r) = 13^{2} \\

P(13,2) = 169

5 0
2 years ago
The employees who physically move inventory items for storage or shipment
kirill [66]
I’m pretty sure it’s b
7 0
2 years ago
Read 2 more answers
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