Answer:
Price of bond = $1,365.54
Explanation:
<em>The value of the bond is the present value (PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>
Value of Bond = PV of interest + PV of RV
The value of bond for Orlando Builders Inc. can be worked out as follows:
Step 1
PV of interest payments
Semi annul interest payment
= 9% × 1000 × 1/2 = 45
Semi-annual yield = 5.80%/2 = 2.9
% per six months
Total period to maturity (in months)
= (2 × 19) = 38 periods
PV of interest =
45 × (1- (1+0.029)^(-21)/0.029)= 1028.087
Step 2
PV of Redemption Value
= 1000 × (1.029)^(-19×2) =337.45
Price of bond
= 1028.08 + 337.45 =1365.54
Price of bond = $1,365.54
Answer:
Option (a) is correct.
Explanation:
Given that,
Annual revenues = $137,800,
variable costs = $82,600
Fixed costs = $11,000
Annual depreciation = $23,500
Tax rate = 34 percent
Annual Income before Taxes:
= Annual revenues - Variable cost - Fixed Costs - Depreciation
= $137,800 - $82,600 - $11,000 - $23,500
= $20,700
Net income:
= Annual Income before Taxes × ( 1 - T)
= $20,700 × 0.66
= $13,662
Annual operating cash flow:
= Net income + Depreciation
= $13,662 + $ 23,500
= $37,162
Answer: Vision statement
Explanation:
Vision statement is referred to as or known as an organization's road map, which tends to indicate what the organization believes to become and achieve by putting forth a well defined direction and route for the organization's growth. These statements usually undergo the minimal revisions throughout the lifetime of an organization, unlike the operational goals that might be revised on yearly basis.
Answer:
<u>False</u>
Explanation:
<em>There is no such thing</em> as community engagement graduation requirements. However there is internship as a requirement for college graduation.
Therefore , Orlando can use this internship to only fulfill his internship graduation requirements having learnt practical knowledge from the animal shelter for six weeks.
Answer:
The cross over is at 1800 units annually. for volumes over 1800, the process focus is cheaper.
Explanation:
The crossover is at 1800 units annually.
For volumes under 1800, the process focus is cheaper and lesser; for volumes that are over 1800 units, the repetitive manufacturing focus is cheaper and lesser
Fixed cost ÷ variable cost
$90000÷50 =$1800
$9,000÷5=$1800
