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Alisiya [41]
2 years ago
12

Five years​ ago, Simpson Warehouses Inc. issued twentyminusfiveminusyear ​10% annual coupon bonds with a​ $1,000 face value each

. Since​ then, interest rates in general have risen and the yield to maturity on the Thompson bonds is now​ 12%. Given this​ information, what is the price today for a Thompson Tarps​ bond?
Business
1 answer:
anastassius [24]2 years ago
8 0

Answer:

The price today for a Thompdon

tarps bond is $850.61

Explanation:

coupon rate = 10%

NPER = 20

Face value = $1000

PMT = Face value*coupon rat

        = 100

yield = 12%

price = PV = $850.61

Therefore, The price today for a Thompdon

tarps bond is $850.61

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Calculate the values for each of the questions. Assume that in each country there are no taxes, international trade, or inflatio
BaLLatris [955]

Answer:

The answer is:

For italy: $35 billion

For Greece: -$40 billion

Explanation:

Injection into the economy = $70 billion.

Government spending multiplier is 1.5.

MPC = $70billion x 1.5

=$105 billion.

Change in Italy's real GDP due to the transfer = $105 billion - $70 billion

= $35 billion.

Greek Government.

Multiplier effect = 1 ÷ (1-MPC)

1 ÷ (1-0.6)

1÷ 0.4

-2.5.

It is negative because it is a reduction in government spending.

Therefore, the final change in real GDP as a result of this decreased spending is

-2.5 x $16 billion

= -$40 billion

3 0
2 years ago
A) You have just moved into a new apartment and are trying to arrange your bedroom. You would like to move your dresser of weigh
notsponge [240]

Answer:

A. W = 0joule

B.W = d * w * cos (90 -ø)

Explanation:

work done is force multiplied by distance since the distance covered by the dresser is zero so automatically work done in moving the dresser is 0 (zero)

B. The component of weight of box along the inclined plane = w * cos ( 90 - ø )

Where ø is the angle of inclination to the horizontal

W = weight of body due to gravity.

Since the distance traveled by box due to gravity = d

So therefore:

W = d * w * cos (90 -ø)

W = work done

N.b

See attached sketch for comprehension

4 0
2 years ago
Golden Eagle Company prepares monthly financial statements for its bank. The November 30 adjusted trial balance includes the fol
kondaur [170]

Answer:

Golden Eagle Company

Adjusting Journal Entries:

December 31:

Debit Supplies Expenses $1,200

Credit Supplies $1,200

To record adjusting entry for supplies used.

Debit Insurance Expenses $1,100

Credit Prepaid Insurance $1,100

To record insurance expense for the month.

Debit Salaries Expense $14,200

Credit Salaries Payable $14,200

To record accrued salaries for the month.

Debit Deferred Revenue $600

Credit Rent Revenue $600

To record the rent revenue for the month.

Explanation:

a) Supplies:

Beginning Balance =  $1,100

Purchases                 $2,700

Total available          $3,800

Ending balance       $2,600

Supplies Expenses $1,200

b) Prepaid Insurance:

Beginning balance = $4,400

Insurance Expense    $1,100

Ending balance        $3,300

c) Salaries Payable:

Beginning balance = $9,200

Cash payment         ($9,200)

Ending balance =    $14,200

Salaries Expense = $14,200

d) Deferred Revenue:

Beginning balance = $1,200

Rent Revenue $600

Ending balance $600

e) Adjusting journal entries are made at the end of the accounting period.  They help to reconcile the accounts from a cash basis to the accrual basis.  With this basis, accrued revenue and expenses, advance payment of expenses, advance receipt of revenue, and depreciation charges are adjusted to reflect in the accounts the period affected by transactions.  The aim is to match expenses and revenue to each other and to the period that generated the revenue or incurred the expense.

3 0
2 years ago
Theresa​ Corporation, which manufactures​ baskets, is developing direct labor standards. The basic direct labor rate is​ $21.00
wel

Answer:

Standard rate per direct labor hour is $27.1

Explanation:

Standard rate per direct labor hour includes the hourly pay rate, Payroll taxes and fringe benefits. For Theresa Corporation,

We have given that

Basic direct labor rate is $21.00 per hour

Payroll Taxes is 10% of basic direct labor rate i.e. 10% of $21.00 = $2.10 per hour

Fringe Benefits is $4.00 per hour.

So Standard rate per direct labor hour = $21.00 + $2.10 + $4.00 = $27.1

4 0
2 years ago
Which of the following is not among the chief reasons organizations fail? Multiple Choice overemphasis on short-term financial p
kvv77 [185]

Emphasizing labor productivity in labor-intensive environments is not among the chief reasons organizations fail.

<h3><u>Explanation:</u></h3>

Labor intensive production technique involves the usage of higher amount of labor for the production of goods and services. Here the other factors of production such as capital is used less compared to labor. When we are in a need of producing goods or services only at a small scale then we can opt for the Labor-intensive means of production.

For those organisation that has an environment to be of labor intensive then the process of using  labor productivity  will be appreciated for the success of the organisation. Focusing on the  financial performance in short-term basis, over emphasis on the design of the product, poor communication in the internal organisation,not investing in capital and human resources are the reasons for the failure of many organisation.

3 0
2 years ago
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